Worldwide digitally printed packaging market is estimated value for 2022 is US$ 17,760.7 million, and from 2022 to 2032, it will grow at a CAGR of 5.1%, reaching US$ 29,206.9 million. The market for digitally printed packaging is growing as a result of the increased need for flexible packaging.The sector is being driven by a variety of factors, such as the increased usage of digital printing technology, the growing need for personalised packaging, and the rising popularity of e-commerce.
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Customization is a huge trend in the packaging industry as businesses seek to differentiate themselves from competitors and provide customers with a unique experience. Because of the improved manufacturing flexibility and agility provided by digital printing technology, brands can make customised packaging rapidly and inexpensively.
Moreover, e-growth commerce’s is increasing need for packaging options for digital printing. E-commerce companies’ packaging needs to be secure, aesthetically pleasing, and able to convey the brand’s personality. Thanks to digital printing technology, they can produce packaging that conforms with these requirements while also enabling customisation and smaller print runs.
The expanding use of digital printing technologies is a significant factor in the growth of the packaging industry for digital printing. Compared to conventional printing techniques, these technologies provide a number of benefits, including increased speed, precision, and affordability. As a result, more businesses are producing their packaging using digital printing.
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The study outlines a number of industry-specific challenges despite the market for digitally printed packaging having excellent growth prospects. These consist of the high initial cost of purchasing digital printing technology and the need for qualified workers to operate the machinery. Nonetheless, the report argues that these issues will probably be rectified as the technology develops and becomes more widespread.
The adoption of digital printing technologies, increased demand for personalised packaging, and growth in e-commerce are generally expected to drive steady progress in the digital printing packaging market during the next years. The report provides useful information for companies operating in the packaging industry as well as investors and other stakeholders.
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Key Questions the Report Addresses
• What are the global trends in the Digital Printing Packaging market? Would the market witness an increase or decline in the demand in the coming years?
• Where will the strategic developments take the industry in the mid to long-term?
• What are the upcoming industry applications and trends for Digital Printing Packaging market?
• What is the estimated demand for different types of products?
• Who are the major players in the Digital Printing Packaging market globally?
Market Competition
Some of the key participants present in the global Digital Printing Packaging market include HP Inc., Xeikon N.V., Eastman Kodak Company, Landa Corporation Ltd., Quad/Graphics Inc., Tailored Label Products Inc., Creative Labels Inc., Reynders Label Printing, DS Smith Plc, Thimm Group, Traco Manufacturing Inc., WS Packaging Group Inc., Elanders, Colordruck Baiersbronn and Mondi Plc., among others.
Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as HP Inc., Xeikon N.V., Eastman Kodak Company, and Landa Corporation Ltd., account for a considerable market size, several regional level players are also operating across key growth regions, particularly in North America.
Key Segments Profiled in the Digital Printing Packaging Industry Survey
Digital Printing Packaging Market By Print Technology Type:
- Liquid Toner Electrophotography Printing
- Nano-Graphic Printing
- Inkjet Technology
- Others (Dye tonner)
Digital Printing Packaging Market By Product Type:
- Labels
- Flexible Packaging
o Films & Wrap
o Bags & Sacks
o Pouches & Sachets
- Corrugated Packaging
- Folding Cartons
- Bottles & Jars
- Metal Cans
- Others
Digital Printing Packaging Market By End-User:
· Digital Printing Packaging for Food
· Digital Printing Packaging for Beverage
· Digital Printing Packaging for Alcoholic
· Digital Printing Packaging for Non-Alcoholic
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