Digital Printing Packaging Market Scope
According to a research report "Digital Printing Packaging Market by Printing Inks (Solvent-based, UV-based, Aqueous), Printing Technology, Format, Packaging Type (Corrugated, Folding cartons, Flexible Packaging, Labels), End-use Industry and Region - Global Forecast to 2027. The global digital printing packaging market size is projected to grow from USD 29.4 billion in 2022 to USD 45.1 billion by 2027, at a CAGR of 8.9% from 2022 to 2027. Companies can better understand the different types of consumers, consumer demands and preferences, perspectives on the product, purchasing intentions, reactions to individual products that are already on the market, and consumers’ varied tastes regarding various brands that are already on the market thanks to the detailed and current information provided in this report. By dealing with a wide range of market analyses, product definition, market segmentation, important developments, and the current vendor landscape through 2027, the Digital Printing For Packaging Market Report offers a complete overview of the market.
Also, the vendor landscape and competitive scenarios of the Global Digital Printing For Packaging market are broadly analysed to help market players gain competitive advantage over their competitors. Readers are provided with detailed analysis of important competitive trends of the Global Digital Printing For Packaging market. Market players can use the analysis to prepare themselves for any future challenges well in advance. They will also be able to identify opportunities to attain a position of strength in the Global Digital Printing For Packaging market. Furthermore, the analysis will help them to effectively channelize their strategies, strengths, and resources to gain maximum advantage in the Global Digital Printing For Packaging market.
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Major Players in Digital Printing Packaging Market are:
- DS Smith (UK)
- Smurfit Kappa (Ireland)
- CCL Industries Inc. (Canada)
- Quad/Graphics Inc. (US)
- Printpack (US)
Digital Printing Packaging Market by Printing Inks
- Solvent-based
- UV-based
- Aqueous
- Others
UV-based printing ink is the fastest growing market
UV-based inks are cured by exposure to strong UV light. These inks are pure solid systems and do not contain solvents. The lack of solvents offers environmental benefits, high speed, and faster turnaround time. The curing process takes place through the interaction of the ink ingredients and a strong UV light source in a dryer. They can be rapidly cured, thereby increasing the print speed and saving production time. UV-based inks include colorants in dye or pigment form. These inks can be applied to a wide range of uncoated substrates and produce a very clear image with excellent color value. Owing to the high density, UV-based inks are capable of being printed on rigid substrates. This has increased the usage of UV-based inks for printing on POS/POP, wood, metal, glass, and other such substrates.
Digital Printing Packaging Market by Printing Technology
- Thermal transfer printing
- Inkjet printing
- Electrophotography & electrostatic printing
- Others
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Digital Printing Packaging Market on the basis of Format:
- Full color printing
- Variable data printing
- Large format printing
- Others
Digital Printing Packaging Market On the basis of Packaging Type:
- Corrugated
- Folding cartons
- Flexible packaging
- Labels
- Others
Labels segment to be the largest packaging type in digital printing packaging market
Labels are high-quality, colored, custom digital stickers used for branding products. Digitally printed labels can be produced on various label materials such as paper and film. Labels can be used for displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product. Some benefits of digital labels include availability of vibrant colors, reduced packaging costs, and reduced turnaround time.
Digital Printing Packaging Market On the basis of end-use industry :
- Food & beverage
- Pharmaceuticals and healthcare
- Household & cosmetic products
- Others
Food & beverage to account for the largest market share
Digital printing packaging is used in the food industry for fresh food, meat, fish, seafood, fresh produce, poultry, and ready meals. With the increase in demand for convenience and quality food products, people opt for packaged foods.
Digital Printing Packaging Market On the basis of region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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North America is the second-largest market for digital printing packaging
The North American market comprises the US, Canada, and Mexico. The US accounted for the largest share of the digital printing packaging market in North America in 2021 in terms of value. The market in this region is majorly driven by technological advancements in the packaging industry. Demand for digital printing packaging is expected to be driven by factors such as increasing sales of consumer durables, high disposable income, increasing demand for packaged foods, and demographic changes.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics.
- It provides a forward-looking perspective on different factors driving or restraining market growth.
- It provides a six-year forecast assessed based on how the market is predicted to grow.
- It helps in understanding the key product segments and their future.
- It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors.
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
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