what is digital printing packaging Industry?
Digital printing in packaging refers to the use of digital printing technology to produce packaging materials such as boxes, labels, and flexible packaging. The digital printing process involves creating digital files that are sent directly to the printing press, bypassing the need for traditional printing plates. This technology has revolutionized the packaging industry by providing a fast, flexible, and cost-effective alternative to traditional printing methods. The MNM published a new research publication on Digital Printing Packaging Market insights, to 2027” with 396 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Digital printing in packaging market size, share, reviews and Opportunities generated by targeting market associated stakeholders.
Some of the advantages of digital printing in packaging include:
- Short runs and customization
- High-quality printing
- Cost-effectiveness
- Flexibility
- Sustainability
Overall, digital printing has transformed the packaging industry, providing businesses with new opportunities for creativity, efficiency, and sustainability.
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global digital printing packaging market value and demand
The global digital printing packaging market has been growing rapidly in recent years and is expected to continue to grow in the coming years. According to a report by MNM the global digital printing packaging market was valued at $29.4 billion in 2022 and is projected to reach $45.1 billion by 2027, growing at a CAGR of 8.9% from 2022 to 2027.
There is a growing demand for digital printing packaging due to its various advantages over traditional printing methods, such as faster turnaround time, the ability to print smaller quantities, and the ability to produce custom designs and variable data printing. The increasing demand for convenience, sustainability, and brand differentiation is also driving the growth of the digital printing packaging market.
The food and beverage industry is expected to hold the largest share of the digital printing packaging market, followed by the healthcare and personal care industries.
North America is the second-largest market for digital printing packaging
The digital printing packaging market in North America is expected to grow in the coming years. Several factors are contributing to this growth, including the increasing demand for customizable and short-run packaging solutions, advancements in digital printing technology, and the growing trend of e-commerce and online shopping.
In recent years, digital printing technology has become more advanced, enabling high-quality printing on a variety of materials, including plastic, paper, and metal. This has increased the versatility and competitiveness of digital printing in the packaging industry, making it an attractive option for many brands and companies.
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Additionally, the rise of e-commerce and online shopping has increased the demand for customized and short-run packaging solutions. Consumers are now more likely to purchase products online, and they expect their packages to arrive quickly and in good condition. Digital printing technology is well-suited to meet these demands, as it enables brands to produce small batches of high-quality packaging quickly and cost-effectively.
Digital Printing Packaging Market Top Key Players
There are several top key players in the digital printing packaging market, including:
- Huhtamaki (Finland),
- Constantia Flexibles (Austria),
- Quad/Graphics, Inc. (US),
- THIMM The Highpack Group (Germany),
- Printpack (US),
- DS Smith (UK),
- Smurfit Kappa (Ireland),
- Krones AG (Germany),
- CCL Industries Inc. (Canada) and
- ePac Holdings, LLC. (US) among others.
Table of Contents:
- Executive Summary
- Scope/opportunities of the Digital printing in packaging Market Report
- Research Methodology
- Digital printing in packaging Market Landscape
- SWOT Analysis
- Market Sizing
- Digital printing in packaging market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Digital printing in packaging Key Trends
- Players Landscape
- Players Analysis
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Digital Printing Packaging Market Review
The digital printing packaging market has experienced significant growth in recent years and is expected to continue to grow in the coming years. This growth can be attributed to the increasing demand for high-quality, customized packaging, as well as the advancements in digital printing technology.
One of the main drivers of the digital printing packaging market is the rise in e-commerce and online retail. As more consumers purchase products online, there is a growing need for effective packaging solutions that can protect products during shipment and also serve as an attractive and informative marketing tool. Digital printing technology allows for high-quality, customized packaging to be produced quickly and at a relatively low cost, making it an ideal solution for e-commerce retailers.
Another factor contributing to the growth of the digital printing packaging market is the increasing demand for sustainable packaging solutions. Digital printing technology enables the use of environmentally-friendly materials and processes, such as water-based inks and biodegradable substrates, which are becoming more popular as consumers and companies alike look for ways to reduce their environmental impact.
Despite its growth, the digital printing packaging market also faces challenges, including the need for high initial investment, a limited range of suitable substrates, and difficulty in achieving consistent color matching across large print runs. However, advancements in digital printing technology and increasing demand for high-quality, customized packaging are expected to drive further growth in the market in the coming years.
Overall, the digital printing packaging market presents a significant opportunity for companies looking to offer innovative and effective packaging solutions to meet the demands of a rapidly evolving retail landscape.
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The global digital printing market is growing at a rapid pace, mainly due to the rising uses of digital printing technologies in packaging.
According to Market Research Future (MRFR), the valuation of global digital printing market is estimated to rise to exponential heights by 2027, growing at a whopping CAGR during the forecast period (2020 – 2027).Spurring rise in the packaging and textiles industries substantiates the market size.
With the advent of fast fashion and textile printing, the market has grown significantly over the past few years.
Product personalization, innovation, and the introduction of managed print services are strongly aligned with the rising possibilities of digital printing.Global Digital Printing Market - SegmentationThe report is segmented into ink, substrates, technologies, and regions.
Among these, the sub-segment inkjet holds the largest market share and is estimated to grow at an impressive CAGR during the forecast period.Global Digital Printing Market - Geographical Analysis North America leads the global digital printing market.
The region highlights environment conservation efforts, minimizing wastage.
