Digital Printing Packaging Market Size will Grow from US$ 19.45 Billion in 2021 to US$ 31.94 Billion by 2027

Byimarcsuraj
IMARC Group has recently released a new research study “Digital Printing Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
 
What are the growth prospects of the Digital Printing Packaging Industry?
The global digital printing packaging market size reached US$ 19.45 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 31.94 Billion by 2027, exhibiting a growth rate (CAGR) of 8.30%during 2022-2027.
 
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
 
What is a Digital Printing Packaging Market?
Digital printing packaging refers to a technology that generally prints packaging materials by using electronic control laser and inkjet printers. It involves transferring a digital file directly to a printer. The digital files are further converted into the Cyan, Magenta, Yellow, and Key (CMYK) color system to communicate more accurate color output from the screen to the substrate. As compared to traditional printing, digital printing does not require the replacement of printing plates, offers enhanced printing efficiency, higher quality, and cost-effectiveness, includes the use of numerous technologies, etc. As a result, digital printing packaging finds extensive applications across several sectors, such as consumer electronics, pharmaceuticals, personal care, food and beverage (F&B), etc.
 
What are the major market drivers in the Digital Printing Packaging Market?
The escalating demand for sustainable packaging solutions, owing to the rising consumer environmental consciousness, is primarily augmenting the digital printing packaging market. Furthermore, continuous advancements in inkjet and electrophotography printing technologies that help in improving the efficiency of the work process and enabling quicker and more innovative marketing are positively influencing the global market. Apart from this, the increasing usage of digital printing packaging that can produce short print runs economically is acting as another significant growth-inducing factor.
 
Moreover, the expanding working population, the inflating disposable income levels of individuals, and hectic lifestyles have led to the growing consumption of fast food and ready-to-eat (RTE) products, which is also bolstering the market growth. Besides this, the expanding personal care sector and extensive R&D activities are expected to fuel the digital printing packaging market in the coming years.
 
Who are the leading players in the Digital Printing Packaging Market?
DS Smith plc, Eastman Kodak Company, EC Labels Ltd., Edwards Label, Hewlett-Packard Development Company L.P., INX International Ink Co. (Sakata Inx Corporation), Mondi plc, Quad, Thimm Holding Gmbh & Co. Kg, Traco Manufacturing Inc., Xeikon B.V. (Flint Group), Xerox Holdings Corporation

Digital Printing Packaging Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 19.45 Billion

Market forecast in 2027

US$ 31.94 Billion

Growth Rate

CAGR of 8.30%from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends

Segments covered

Printing Inks, Packaging Type, Format, Printing Technology And End User

Regional scope

Asia Pacific, Europe, North America, Latin America, Middle East and Africa

Key companies profiled

DS Smith plc, Eastman Kodak Company, EC Labels Ltd., Edwards Label, Hewlett-Packard Development Company L.P., INX International Ink Co. (Sakata Inx Corporation), Mondi plc, Quad, Thimm Holding Gmbh & Co. Kg, Traco Manufacturing Inc., Xeikon B.V. (Flint Group), Xerox Holdings Corporation

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
 
Breakup by Printing Inks:
· Solvent-based
· UV-based
· Aqueous
 
Breakup by Packaging Type:
· Corrugated Packaging
· Folding Cartons
· Flexible Packaging
· Labels
· Others
 
Breakup by Format:
· Full Color Printing
· Variable Data Printing
· Large Format Printing
· Others
 
Breakup by Printing Technology:
· Inkjet Printing
· Electrophotography Printing
· Others
Breakup by End User:
· Food and Beverages
· Pharmaceuticals
· Electronics
· Personal Care and Cosmetics
· Others
 
By Geography:
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy, Spain,      Others)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
 
Key highlights of the report:
  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
 
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
 
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
 
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