According to Stratistics MRC, the Global Digital Printing Packaging market is accounted for $21.21 billion in 2020 and is expected to reach $69.04 billion by 2028 growing at a CAGR of 15.9% during the forecast period. Some of the key factors propelling the market growth include growing demand for sustainable printing, increasing demand for flexible packaging, increase in the demand for packaging printing for attractive packaging of food & beverage products across the globe, rise in manufacturing activities, and growing demand for aesthetic appeal and innovative printing techniques. However, fluctuations in the prices of raw materials are restricting the market growth.
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On the basis of geography, Asia-Pacific region is estimated to have considerable market growth during the forecast period, owing to increasing demand from food and beverages and personal care products sector, increasing consumption of packaged good is creating demand for premium packaging, presence of a large consumer base in emerging countries such as India and China, manufacturers’ focus on developing low-cost packaging printing options, the region experiencing growing e-retail sales, coupled with a growing convenience packaging in the food industry. However, as the digital printing packaging market in developed countries is getting matured, the markets in China and India are projected to grow at higher rates during the forecast period.
Some of the key players in Digital Printing Packaging Market include Quad/Graphics, Inc., HP Inc., Mondi PLC, Xerox Corporation, Quantum Print & Packaging Ltd, Traco Manufacturing, Inc., WS Packaging Group, Inc., Xeikon N.V., E.I. Du Pont Nemours and Company, Eastman Kodak Company., DS Smith Plc, Weber Packaging Solutions Inc., Landa Corporation Ltd., Reel Appeal Limted, Tailored Label Products Inc., and Edwards Label, Inc.
Printing Technologies Covered:
• Inkjet Printing
• Electrophotography & Electrostatic Printing
• Thermal Transfer Printing
• Liquid Toner Electrophotography Printing
• Nano-Graphic Printing
• Other Printing Technologies
Packaging Types Covered:
• Folding Cartons
• Labels and Tags
• Corrugated Packaging
• Flexible Packaging
• Bottles & Jars
• Boxes
• Other Packaging Types
Printing Inks Covered:
• Aqueous/Water-Based Inks
• Solvent-Based Ink
• Ultraviolet (UV)-Based Ink
• Other Printing Inks
Formats Covered:
• Variable Data Printing
• Full Color Printing
• Large Format Printing
• Other Formats
Sales Channels Covered:
• Distributor
• Direct Sales
Applications Covered:
• Рhоtоvоltаіс Рrоduсtѕ
• Сеrаmіс Тіlеѕ
• Flаt аnd Rоund Glаѕѕ
• Dесоrаtіvе Lаmіnаtеѕ
• Техtіlеѕ
End Users Covered:
• Pharmaceuticals and Healthcare
• Food & Beverage
• Chemicals
• Consumer Durables
• Household & Cosmetic Products
• Personal Care
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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