Authored By: Sarah
23 Aug 2024

Digital Printing For Packaging Market Size to grow by USD 15740.7 million between 2024-2028

The Digital Printing For Packaging Market is segmented by Technology (Inkjet printing and Electrophotography printing), Type (Labels, Flexible packaging, Corrugated and folding cartons, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 15740.7 million, at a CAGR of 10.44% during the forecast period. There are several companies that are contributing to the market as per this report. Rising demand from consumer goods manufacturers .

By Technology, the Inkjet printing segment is projected to dominate the market size in 2024

The digital printing market is experiencing significant growth, driven by advancements in technology and increasing demand for customized and short-run printing solutions. This sector offers numerous benefits, including faster turnaround times, lower inventory costs, and greater design flexibility. Companies across industries are adopting digital printing to meet their marketing and production needs, making it an essential component of modern business operations.

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Why is APAC forecasted to hold the largest regional market size in 2024?

The digital printing market is experiencing significant growth due to its numerous advantages over traditional printing methods. These benefits include faster turnaround times, cost efficiency, and the ability to produce customized and personalized prints in large quantities. Additionally, advancements in technology have enabled high-quality prints with vibrant colors and intricate designs. As businesses increasingly prioritize personalized marketing efforts and quicker production cycles, the demand for digital printing is expected to continue rising.

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Research Analysis Overview

The Digital Printing Market is experiencing significant growth, driven by advancements in technology and the increasing demand for customization and eco-friendly solutions. Inkjet printers and digital printing systems are at the forefront of this trend, offering high-quality printing for various applications, including label printing, books, and packages. Eco-friendly products are gaining popularity in the digital printing industry, with the use of bio-based solvents and water-based inks becoming more common. Green technologies, such as UV-curable ink-based printing and piezo-crystal-based inkjet printers, are also on the rise. Label printing is a major sector in the digital printing market, with the demand for eco-friendly and secure labels increasing. The packaging industry is also embracing digital printing for its ability to produce short runs and customized designs. The textile industry is also adopting digital printing, with direct-to-garment printing and solvent ink becoming popular for producing customized clothing. Print security is another area of focus, with digital technology providing solutions for preventing counterfeiting and ensuring authenticity. Sheet-fed digital printing and 3D printing are other emerging trends in the digital printing market, offering new possibilities for creating complex designs and prototypes. Conventional printing methods are still in use, but digital technology is rapidly gaining ground due to its flexibility, speed, and cost-effectiveness. Media substrates are also evolving to meet the demands of the digital printing industry, with new materials being developed for various applications. The future of digital printing looks bright, with continued innovation and growth expected in this dynamic market. Red Alert: It is important to note that the use of certain inks and solvents in digital printing can have environmental and health impacts. It is crucial for businesses to prioritize the use of eco-friendly and safe products to minimize these risks.

Market Research Overview

According to Technavio, the digital printing market is a significant segment of the global paper and plastic packaging products and materials market. Paper packaging, a key component of this market, offers advantages such as lightweight, biodegradability, and recyclability, making it an economical and eco-friendly solution for protecting, preserving, and transporting various goods. Paper packaging encompasses product categories including packaging boards, kraft paper, and other packaging papers. In contrast, plastics, another essential packaging material, are valued for their performance, durability, and cost-effectiveness. Depending on the nature of the substance being conveyed, plastics can be classified into various grades and material combinations, such as polyvinyl chloride, polypropylene, polyethylene, and others. - The Digital Printing For Packaging Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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