Digital Printing Packaging Market Report 2023-2028

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$ 21.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 32.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.

What is a Digital Printing Packaging?

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.

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What Are The Key Factors Driving 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 Key Players/Companies 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.

Key Market Segmentation

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)

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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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