The digitally printed packaging market is projected to grow at a CAGR of 5.1% from 2022 to 2032, when it is expected to reach US$ 17,760.7 million and US$ 29,206.9 million. The demand for flexible packaging is driving up the market for digitally printed packaging.
Several reasons, including the growing use of digital printing technology, the rising need for customised packaging, and the growing acceptance of e-commerce, are driving the sector.
Customization is a big trend in the packaging industry since it helps businesses differentiate themselves from the competition and provide customers with a unique experience. Because digital printing technology provides improved manufacturing flexibility and agility, brands may make personalised packaging fast and inexpensively.
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The development of the packaging business for digital printing is significantly influenced by the growing usage of digital printing technology. These technologies offer a number of advantages over traditional printing methods, including enhanced speed, accuracy, and price. As a result, more companies are utilising digital printing to create their packaging.
Despite the market for digitally printed packaging having promising growth possibilities, the paper lists a number of industry-specific difficulties. They include the pricey initial investment in digital printing technology and the requirement for trained operators to operate the equipment. Nonetheless, the paper contends that as the technology advances and spreads, these difficulties will probably be resolved.
In general, the adoption of digital printing technologies, rising demand for personalised packaging, and rise in e-commerce are likely to propel stable expansion in the digital printing packaging market during the upcoming years. For businesses involved in the packaging sector as well as investors and other stakeholders, the study offers insightful information.
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?
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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
- Films & Wrap
- Bags & Sacks
- Pouches & Sachets
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- Corrugated Packaging
- Folding Cartons
- Bottles & Jars
- Metal Cans
- Others
Digital Printing Packaging Market By End-User:
- Digital Printing Packaging forFood
- Digital Printing Packaging for Beverage
- Digital Printing Packaging for Alcoholic
- Digital Printing Packaging for Non-Alcoholic
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