Digital Printing Packaging Market forecasted to register 5.1% CAGR during forecast 2022-2032


Digital printing produces higher-quality prints than traditional printing. To print all of the colors, only one pass is necessary

Digital-Printing-Packaging-1280x720

In terms of revenue, the global digital printing packaging market is projected to expand at a CAGR of up to 6.5% during the forecast period, owing to a number of factors. In this regard, FMI provides full insights and forecasts in this report. “Future Market Insights provides key insights on the digital printing packaging market in its published report that includes a global industry analysis during the forecast period 2021-2031.”

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Rapid turnaround Persuasive adoption

Digital printing packaging is a type of printing technology, which mainly uses electronically controlled laser and inkjet printers to print packaging materials.

Digital print packaging also requires minimal press setup, resulting in faster turnaround times. In addition, digital printed packaging reduces print response time compared to traditional printing technology.

The application of short run digital printing technology with customized marketing communications on packaging offers benefits to print service providers and package converters in the form of controlled inventory levels. This makes the digital printing package suitable for high quality graphics packaging applications.

The global digital printing packaging market is segmented on the basis of printing technology type, product type, and end use.

The global digital printing packaging market is projected to double by the end of 2031 .

Europe touted as a profitable market

North America holds more than a quarter of the global digital printing packaging market share and  is estimated to maintain its dominance in the global market .

China is also one of the leading manufacturers of digital printing packaging solutions, accounting for over 10% of the global market.

In the South Asia region, India has emerged as one of the key markets for digital printing packaging. With the presence of several unorganized players, the digital printing packaging market in Asia has developed as a competitive market and is expected to expand at a considerable rate during the forecast period.

Although a mature market, Europe presents a great opportunity for the digital print packaging market. This could be attributed to the surge in demand for aesthetic printing solutions in the region.

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Additionally, digitally printed folding cartons are widely used in several end-use industries such as food, beverages, personal care, and cosmetics, driving the growth of the digital printed packaging market.

In Europe, the UK is expected to witness high growth in the digital printing packaging market, while Germany is expected to stand out in terms of both market value share and increasing opportunities in the European market.

The digital printed packaging market is expected to benefit most from the demand generated by label and tape applications.

In 2019, the United States is expected to account for over 90% value share in the North American digital printing packaging market.

Moreover, Canada is expected to witness a growth of over 5% in the North American digital printing packaging market during the forecast period of 2021-2031.

Leading market players profiled in the report on the Digital Printing Packaging Market include

  • HP Corporation,
  • Landa Corporation Co., Ltd.
  • Xeikon NV,
  • mondi group,
  • Eastman Kodak Company,
  • Quad/Graphics, Inc.,
  • Reynders label printing,
  • Tailored Label Packaging Co.,
  • DS Smith Plc,
  • Creative Labels Inc.,
  • Torako Manufacturing Co., Ltd.
  • tim group,
  • Elanders,
  • Ws Packaging Group, Inc., and
  • Such as Colordruck Baiersbron.

key segment

By type of printing technology:

  • liquid toner electrophotographic printing
  • nanographic printing
  • inkjet technology
  • Others (dye toner)

By product type:

  • label
  • Flexible packaging
    • film & wrap
    • bag & sack
    • pouch & sachet
  • cardboard packaging
  • folding carton
  • bottle & jar
  • metal can
  • others

End use category:

  • food
  • drinks
  • alcoholism
  • Non-alcoholic
  • pharmaceuticals
  • personal care and cosmetics
  • electronic comp.
  • Chemicals
  • Others (automobiles, etc.)

About Future Market Insights Inc.

Future Market Insights, an ESOMAR accredited market research organization and member of the Greater New York Chamber of Commerce, provides in-depth insight into the controlling factors that drive market demand. It reveals opportunities to drive market gro

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Published in

Marketing

Published on

Nov 08, 2022

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