The packaging industry is going to experience a revolt due to the increasing applications of digital printing. Digital printing for packaging is introduced to attract consumers as this method contains the printing of digital images or text on the product packaging. The digital printing packaging market is primarily driven by the growing demand from the food and beverage and personal care industries. Digital printing is faster and more economical than other printing techniques. Digital printing media covers all information while providing higher quality prints than other techniques. These factors are increasing the popularity of digital printing packaging, which ultimately fuels the development of this market. But fluctuations in raw material prices may hamper the growth of the digital printing packaging market. The digital printing packaging market is expected to grow at the rate of 14.73% CAGR by 2026.
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Research methodology :
The Digital Printing Packaging Market has been analyzed using the optimum combination of secondary sources and internal methodology and a unique balance of primary information. Real-time market assessment is an integral part of our forecasting and market sizing methodology. Industry experts and our key participants helped compile related aspects with accurate parametric estimates for a comprehensive study. The share of the main participants is given below:
Digital Printing Packaging Market by Technology
Digital Printing Packaging Market by Packaging Type
Digital Printing Packaging Market by End User
food and drinks
Digital Printing Packaging Market by Geography
Rest of the world
Based on packaging type, labels accounted for the largest market share and are expected to grow at a significant rate in the forecast year. This development is due to its application in several types of variable packaging. Labels are the most widely used type of packaging as they display brand identification symbols, product information and transportation details during shipment.
In terms of end users, the food and beverage industry is expected to grow at a higher rate owing to the high demand for food packaging and the growing trend of variable data printing on food packaging for communicate the composition, shelf life and nutritional values. product value. The high degree of personalization required in the food industry is well supported by the functionalities offered by digital printing techniques, allowing a unique synchronization between two large market segments.
Printing technology accounts for the largest market share and is expected to grow at a moderate CAGR during the forecast period. This development can be attributed to its ability to print superior quality images and withstand various climatic conditions. In 2015, the variable data printing segment of the format segment constituted a larger share of the digital packaging printing market. This is expected to grow at a higher rate over the forecast period due to its ability to produce custom printing without slowing down the process, which helps to significantly reduce printing and labor costs.
The Asia-Pacific region accounted for a higher share of the total digital printing packaging market, in terms of value, owing to manufacturers’ focus on new low-cost packaging printing options. But as the market for digital printing packaging in established countries matures, the Indian and Chinese markets are expected to grow at higher rates from 2016 to 2021. The region is also expected to register the highest development during the estimated period due to the growth of the region. online retail sales and the growth of convenience packaging in the food industry.
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This report includes company profiles that dominate the digital print packaging market: HP Inc, Xerox Corporation, Kodak Co., Quad/Graphics Inc., Mondi plc, ie. Du Pont de Nemours and company, and
This report offers an all-inclusive analysis of growth drivers, restraints, opportunities, and other related challenges of the Digital Printing Packaging market.
This report describes market developments such as new product launches, mergers and acquisitions, diversification, and joint ventures of market players.
This report also outlines all the potential segments and sub-segments present in the market to help companies in their strategic business planning.
This report also gives a regional analysis of the digital printing packaging market in terms of market penetration across the globe.