Aug 19, 2022   SOURCE: BusinessWire

Global Printing Blanket Market (2022 to 2027) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

The "Global Printing Blanket Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Printing Blanket Maker is expected to grow by registering a CAGR of 8.1%, during the forecast period (2022-2027).

Companies Mentioned

  • Continental AG (ContiTech)
  • Habasit AG
  • KinyoshaCo., Ltd.
  • Flint Group
  • CNI XINYUAN Ltd. (Airdot)
  • Birkan GmbH
  • Trelleborg AB
  • Fujikura Composites Inc
  • Meiji Rubber and Chemical Co., Ltd.
  • Shanghai Chen JiePrinting Material Co. Ltd.

Key Market Trends

Paper and Board Printing to Drive the Demand

  • Printing Blankets are an integral part of the offset printing process. Although digital media has witnessed remarkable growth in recent years, the demand for newspapers, magazines, as well as printed advertising/leaflets has been stable, especially across the emerging countries. For instance, in India, number of registered newspaper is increasing periodically.
  • According to the American Forest & Paper Association (AF&PA), in 2021, the total containerboard production had increased 5.6 percent compared to 2020, this was the ninth increase in the past 10 years.
  • Although the consumption of printed media has decreased in recent years, its penetration is still significant. For instance, according to the data provided by the European Commission, the penetration of daily print press consumption in the EU region was 25% in 2021. Furthermore, according to the UK's Office of National Statistics, the consumer spending on books in the United Kingdom has grown significantly from GBP 3,971 in 2020, to GBP 4,347 million in 2021.
  • The newspaper printing industry is also a major consumer of printing blankets. Owing to its widespread outreach, the industry is expected to support the growth of the studied market during the forecast period. For instance, according to ACPM, with more than 445,000 copies released in 2021, the newspaper Le Monde ranked as first among national daily newspapers in France.

Asia Pacific to Hold Significant Market Growth

  • The Asia-Pacific region accounts for a significant market growth due to increasing demand from critical regions, like India, China, the Philippines, Thailand, and Vietnam. Factors, such as high penetration of print media, increasing investment in print media advertising, rise in e-commerce, and urbanization, are supporting the growth of the printing market in the region.
  • Over the years, the growth of the paper print and packaging sector across the Asia Pacific region has been stable across the Asia Pacific region. For instance, according to the National Bureau of Statistics of China, the production volume of cardboard, and processed paper in China was about 12 million metric tons, in August 2021.
  • Similarly, according to Thailand's Ministry of Industry and Ministry of Commerce, the export value of pulp, paper, and print media in the country amounted to approximately USD 649 million in the third quarter of 2021.
  • Textile printing is another key area which is creating significant opportunities for the growth of the studied market. According to Invest India, the domestic apparel & textile industry in India contributes 7% of industry output in value terms, 5% to the country's GDP, and 12% of the country's export earnings.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

4.1 Market Overview

4.2 Industry Value Chain Analysis

4.3 Industry Attractiveness -Porter's Five Forces Analysis

4.4 Assessment of the Impact of COVID-19 on the Packaging Industry

5 MARKET DYNAMICS

5.1 Market Drivers

5.1.1 Increased Demand From Flexible Packaging-based applications

5.1.2 Demand For High Quality Packaging Graphics

5.1.3 Increased Per Capita Consumption of Packaging

5.2 Market Challenges

5.2.1 High Impact Of Covid-19 On The Commercial And Newspaper Segments

5.2.2 Increased Penetration of Digital Media in Advertising

6 MARKET SEGMENTATION

6.1 By Blanket Types

6.1.1 UV Printing Blankets

6.1.2 Conventional Printing blankets

6.1.3 Combination Printing Blankets

6.2 By Substrate Type

6.2.1 Paper and Board Printing

6.2.2 Metal Printing

6.2.3 Textile Printing

6.2.4 Other Printing

6.3 By Application Type

6.3.1 Packaging

6.3.2 Commercial

6.3.3 Newspaper

6.3.4 Others

6.4 By Region

6.4.1 North America

6.4.2 Europe

6.4.3 Asia Pacific

6.4.4 Rest of the World

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles

7.1.1 Continental AG (ContiTech)

7.1.2 Habasit AG

7.1.3 KinyoshaCo., Ltd.

7.1.4 Flint Group

7.1.5 CNI XINYUAN Ltd. (Airdot)

7.1.6 Birkan GmbH

7.1.7 Trelleborg AB

7.1.8 Fujikura Composites Inc

7.1.9 Meiji Rubber and Chemical Co., Ltd.

7.1.10 Shanghai Chen JiePrinting Material Co. Ltd.

8 INVESTMENT OUTLOOK AND FUTURE OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/8scuto