The expected value of the global digitally printed packaging market in 2022 is US$ 17,760.7 million, and from 2022 to 2032, it is projected to increase at a CAGR of 5.1%, reaching US$ 29,206.9 million. Due to the rising demand for flexible packaging, the market for digitally printed packaging is expanding. A number of factors, including the expanding use of digital printing technology, the increasing need for personalised packaging, and the growing acceptance of e-commerce, are driving the sector.
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In order to stand out from the competition and give clients a special experience, customization is a significant trend in the packaging market. Brands are able to produce customised packaging quickly and affordably because to the increased manufacturing flexibility and agility given by digital printing technology.
Also, the demand for packaging alternatives for digital printing is growing with e-growth commerce. Packaging for e-commerce businesses must be safe, attractive, and able to communicate the brand’s personality. They are able to create packaging that complies with these specifications while also allowing for customization and reduced print runs thanks to digital printing technology.
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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