The packaging sector is witnessing a paradigm preference toward digital printing packaging to enhance flexibility and customization in low as well as high volume runs. Brands continue to intake new prospects, providing customers with more personalized designs and thus, boosting their sales.
The digital print market is growing at over 15% for all formats – excluding labels where it is already deep-rooted. The ability of digital printing packaging to go from PDF to POS in significantly lesser duration makes short runs and customization campaigns economical, as well as optimizes supply chain and stock management.
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Moreover, the technique satiates myriads of key market trends and demands – from robust marketing campaigns and proliferation of stock keeping units (SKU) to streamlining procedures for faster time. The food and beverage industry has shown immediacy in embracing digital printing packaging solutions.
Growing preference among consumers for clean label products are compelling food retailers to bank on digital printing packaging that communicate nutritional profile, shelf life, and composition of food products.
COVID-19 Impact Analysis on Digital Printing Packaging Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Digital Printing Packaging market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Digital Printing Packaging market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Digital Printing Packaging market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Digital Printing Packaging Market: Segmentation
Valuable information covered in the FMI’s Digital Printing Packaging market report has been segregated into key segments and sub-segments.
By Packaging Type
By Printing Ink
By Printing Technology
Digital Printing Packaging Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Digital Printing Packaging market. Competitive information detailed in the Digital Printing Packaging market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Digital Printing Packaging market report.
Key players covered in the report include:
W S Packaging Group, Inc.
Eastman Kodak Company
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Important Questions Answered in the Digital Printing Packaging Market Report
Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Digital Printing Packaging market been expanding during the forecast period?
How will the global Digital Printing Packaging market look like by the end of the forecast period?
What innovative strategies are adopted by Digital Printing Packaging market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Digital Printing Packaging market?
Key Offerings of the Report
Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Digital Printing Packaging market
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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