The Global Digital Printing Packaging Market is projected to reach a value of USD 42.24 billion by 2027 at a CAGR of 13.0%
Digital printing is the technique of printing the digital image or file directly on the substrate such as paper, canvas, cardstock, plastic, foil, fabric, and other substrates. In this technique, the ink is directly pressed over the substrate removing the need for the plates and setup sheets, reducing the overall initial cost. Digital printing is a cost-effective printing technique offering high-quality printing quality, rapid turnaround time with high accuracy. It is an eco-friendly printing technique ideal for printing short to medium print runs. Owing to this, it is widely used as a printing option over the packaging of food & beverage, pharmaceutical, cosmetics, personal care products.
Market Drivers:
Packaging plays an essential part in the handling, transportation, display, and commercialization of any product. Due to this, manufacturers keenly focus on the packaging and printing options in order to provide sustainable, affordable options, which can be used as an excellent medium of product branding. Better product branding delivers a higher impact on the consumer’s buying behavior through better printing options to the promotion and product branding with consumer engagement. Rising demand for attractive, unique and consumer interactive packaging printing options from the food and beverage, consumer goods, pharmaceutical, textile, and many other application areas are driving the market growth.
Digital printing has emerged as a preferred option of printing electronics, food products, personal care products, and many other packaging applications. Digital printing is an excellent alternative to the conventional process and is gaining popularity owing to rapid and affordable printing technology with the ability to provide high-quality printing through a simple process. In addition to this, digital printing does not include pre-press procedures for packaging printing and hence, it is an eco-friendly method of printing. Owing to the aforementioned advantages, the demand for digital printing for packaging applications is growing.
Market Restraint:
The growth of the digital printing packaging market is hampered mainly owing to the higher cost of the digital printing inks. The high cost of the raw materials used in the production of the digital printing inks such as titanium dioxide along with the photoinitiators owing to regulation and shutting down raw material production plants is escalating the overall cost of inks.
The report on the digital printing packaging market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Printing Method, Printing Inks, Application, End-use Industry |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Digital Printing Packaging Market, by Printing Method
Digital Printing Packaging Market, by Printing Inks
Digital Printing Packaging Market, by Application
Digital Printing Packaging Market, by End-use Industry
Digital Printing Packaging Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE DIGITAL PRINTING PACKAGING MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY