The digital printing packaging market is forecast to experience a growth rate of 5.1% over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 18,666.50 million in 2023 and is expected to be worth US$ 30,696.45 million by 2033.
Digital printing offers significant advantages over traditional printing methods, particularly in terms of print quality, flexibility, and environmental sustainability. Unlike traditional printing, which requires multiple passes to achieve full color prints, digital printing accomplishes this in a single pass, resulting in higher quality and more precise color reproduction. This efficiency also allows for last-minute changes to designs, which is crucial for industries needing flexibility in packaging designs or content.
One of the most compelling aspects of digital printing is its eco-friendliness. Unlike traditional printing that uses large amounts of water, chemicals, and involves extensive pre-press processes, digital printing eliminates the need for these resources. This reduction in environmental impact makes digital printing a preferred choice for companies aiming to adopt sustainable practices in their packaging processes.
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The demand for digital printing in packaging is robust across diverse industries such as cosmetics, pharmaceuticals, food & beverage, and electrical & electronics. Each sector benefits from the ability to produce customized packaging solutions quickly and efficiently, meeting consumer preferences and regulatory requirements with greater ease.
Top Highlights from the FMI’s Analysis of the Digital Printing Packaging Market
- Countries in the Asia Pacific are expected to observe significant CAGR over the forecast period.
- Australia’s digital printing packaging industry is expected to be the next go-to-market in the assessment period as players shift their base from matured markets like the United States and Europe.
- In Latin America, businesses are expected to explore Mexico for upcoming market opportunities.
Developments in the Digital Printing Packaging Industry
- In April 2022, Huhtamaki launched a Push Tab blister lid, a first-to-market PET blister lidding composed of a single material, sans any metal, to serve the healthcare sector. Push Tab blister lid works on the present packaging portfolio without compromising the speed. Therefore, the invention is projected to offer sustainable packaging solutions for the robustly expanding healthcare sector.
- AutajonGroup revealed in September 2022 that the Californian firm ZappPackaging entered its Packaging Division. The acquired company is expected to invigorate the parent company’s operations in the United States, particularly in California.
- Mondi Plc. Introduced myMomdi.net, a web platform for excellent print and design to differentiate its uncoated fine paper (UFP) brands. It briefs the printing and design industry professionals regarding high-quality paper brands, paper recommendations, multimedia content, and local distributor contact information.
- Avery Dennison Graphics Solutions declared its partnership with Siser North America to venture into the crafter/DIY market. Siser has over 40 years of experience in the consumer craft industry as a leader in heat-transfer vinyl and an expert in modification and personalization.
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Key Segments Profiled in the Digital Printing Packaging Industry Survey
By Print Technology Type:
- Liquid Toner Electrophotography Printing
- Nano-Graphic Printing
- Inkjet Technology
- Others (Dye tonner)
By Product Type:
- Labels
- Flexible Packaging
- Films & Wrap
- Bags & Sacks
- Pouches & Sachets
- Corrugated Packaging
- Folding Cartons
- Bottles & Jars
- Metal Cans
- Others
By End User:
- Food
- Beverage
- Alcoholic
- Non-Alcoholic
- Pharmaceutical
- Personal care & cosmetics
- Electronic comp.
- Chemicals
- Other (Automotive, etc.)
By Region:
- North America
- Europe
- Latin America
- Asia Pacific
- The Middle East & Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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