• Blog
  • Global Printing Blankets Market Analysis | 2019-2024

    Global Printing Blankets Market Analysis | 2019-2024

    Global Printing Blankets Market Analysis | 2019-2024
    Report code - SRAM194 Published On : Sep,2019 No. of Pages: 210
    Global Printing Blankets Market Size, Share, Trend, Forecast, and Growth Analysis | 2019-2 See more...

    Market Insights

    The Global Printing Blankets Market size was valued at US$ 648.37 Mn in 2018 and is expected to reach US$ 855.62 Mn by 2024, registering a CAGR of 4.7% from 2019 to 2024.

    Printing Blankets Market Size (2018-2024)

    Wish to Get a Free Sample? Register Here.

    What are printing blankets?

    Printing blanket is an imperative part of offset printing as it is the final point of contact between the printed substrate and press. The main function of the blanket is to transfer the inked image from the plate to the substrate in the most efficient manner. The substrate may vary from paper to aluminum sheet to textile to any other substrates, such as plastics and metals.

    In the early days, blankets were made from pure rubber which gave a much superior quality of image than lithographic plates used at that time, but it had its drawbacks. In the 1930s, the origination of synthetic rubber eliminated the problems inherent from the pure rubber, previously used.

    Today, the blankets use different synthetic rubbers to increase their resistance. The primary synthetic rubber used today is Buna N, Neoprene, along with NVR (Nitrile Rubber), and EPDM (Ethylene Propylene Diene Monomer Rubber) to increase the durability of the blanket. To provide additional strength to the blanket, a backing with either fabric or metal is provided.

    Global Printing Blankets Market Features

    Market Size in 2018

    US$ 648.37 Million

    Market Size in 2024

    US$ 855.62 Million

    Market Growth by 2019-2024

    4.7% CAGR

    Base Year of Study

    2018

    Trend Period

    2013-2017

    Forecast Period

    2019-2024

    Dominant Region

    Asia-Pacific is projected to remain the largest as well as the fastest-growing market.

    Key Players

    Some of the key players in the global printing blankets market are-

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

    Market Drivers

    The prime factor that is contributing to the growth of the global market are-

    • Expansion of the packaging industry.
    • Growing advertising industry.
    • Increased focus on the development of eco-friendly blankets.

    Printing Blankets Market Snapshot

    I want to have a closer look at this report. Register Here.

    Segments Analysis

    By Blanket Type

    Based on the blanket type, the market is segmented into conventional printing blankets, UV printing blankets, combination printing blankets, and others. 

    Conventional printing blanket is likely to remain the most dominant blanket type with a share of >65% of the market over the next five years. High-quality print at a very competitive price is the major factor behind the dominance of conventional blankets.

    UV printing blanket is likely to expand at the highest rate over the same period, driven by its ability to resist UV inks and help in UV printing.

    By Substrate Type

    Based on the substrate type, the market is segmented into paper & and paperboard, metal, textile, and others. 

    Paper & paperboard dominates the market with a share of >65% of the market and is expected to maintain its vanguard in the market during the forecast period as well. Paper & and paperboard printing majorly includes printing of newspapers, magazines, and corrugated boxes, used for packaging.

    Asia-Pacific is the largest market for newspapers, magazines, and corrugated boxes, owing to the huge population base coupled with meteorically increasing disposable income and expanding economies, especially in China and India.

    By Application Type

    Based on the application type, the market is segmented into packaging, commercial, newspaper, and others. 

    Packaging application is expected to remain the most dominant segment of the market during the forecast period. Food & and beverages, cosmetics & and toiletries, and healthcare are the major applications of the packaging printing blankets market.

    An increase in the demand for sustainable packaging and flexible packaging along with cost-effectiveness and reduced packaging waste is the prime factor, driving the growth of the packaging segment. All the application types are expected to witness healthy growth during the forecast period.

    Regional Insights

    In terms of region, Asia-Pacific is projected to remain the largest market with a share of >40% of the market as well as the fastest-growing market during the forecast period, driven by significant economic development in the region, increasing disposable income, surging demand for flexible and easy-to-carry packaging, and vastly expanded print media industry. China and India are the growth engines of the region’s market, propelled by a huge consumer base, significant economic growth, and a consistent supply chain. Availability of vast raw material sources, expanding the industrial sector, and readily available customer base are some of the factors, strengthening the eco-system of the Asia-Pacific’s printing blankets market.

    Printing Blankets Market by Region

    Want to know the most attractive market segments? Register Here.

    Europe and North America are the other major markets for printing blankets, primarily driven by the packaging industry. Increasing demand for flexible and easy-to-carry packaging, rising concern towards the use of plastics in the packaging industry, and significant investment towards sustainable product development are the major factors, driving the growth of the North American and European printing blankets market. Increasing digitalization in these regions is acting as a major constraint towards the growth of the printing blankets market as it is severely impacting the stature of the newspaper and commercial print media industry.

    Segmentation

    This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories. 

    By Blanket Type

    • Conventional Printing Blankets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UV Printing Blankets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Combination Printing Blankets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Substrate Type

    • Paper and Board (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Textile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Application Type

    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Newspaper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: France, Germany, the UK, Spain, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Report Features

    This comprehensive report, from Stratview Research, studies the printing blankets market over the trend period of 2013 to 2018 and the forecast period of 2019 to 2024. The report estimates the current and future demand for printing blankets at the global, regional, as well as country-level.

    The report also studies all the major suppliers of printing blankets across the globe and estimates their current market share. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as formulating growth strategies.

    Report – Features

    Market Segmentation

    04

    Regions Covered

    04

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >120

    Company Profiles

    10

     

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Target Audience

    The following is a list of the customers that the market aims to convert the most:

    • Manufacturers
    • Suppliers
    • Distributors
    • Organizations
    • Government bodies

    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Customization Option

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: 

    Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Driven by number of factors like organic growth of the offset printing market & expanding the packaging industry, the printing blankets market size was valued at $648.37 Mn in 2018 and is expected to reach $855.62 Mn by 2024, registering a CAGR of 4.7% from 2019 to 2024.

    Trelleborg AB, Continental AG (ContiTech), Flint Group, Fujikura Composites Inc., Kinyosha Co., Ltd., Meiji Rubber and Chemical Co., Ltd., Habasit AG, Birkan GmbH, CNI XINYUAN Ltd. (Airdot), and Shanghai Chen Jie Printing Material Co., Ltd are among the key players in the printing blankets market.

    Asia-Pacific is projected to remain the largest as well the fastest-growing printing blankets market during the forecast period of 2019-24.

    Conventional printing blanket is expected to remain dominant in the printing blanket market during the next five years.

    Packaging application is expected to remain the most dominant segment in the printing blanket market in the coming years.

    The supply chain of printing blanket market comprises raw material suppliers, printing blankets manufacturers, distributors, and end-users.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities