Digital Printing Market Trend, Forecast, Drivers, Restraints, Company Profiles, and Key Player Analysis by 2030
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Market Size – USD 25.20 Billion in 2021, Market Growth – at a CAGR of 7.4%, Market Trends – Rising Popularity of Digital Printing due to its Speed
VANCOUVER, BRITISH COLUMBIA, CANADA, June 20, 2023/EINPresswire.com/ — The Digital Printing market size reached USD 25.20 Billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to the latest analysis by Emergen Research. Digital printing’s increasing use in packaging is one of the major factors driving the market. The global market is also benefiting from the increasing demand for digital print in the textile industry. The speed at which changes can be made is one of the main advantages of digital printing. Unlike a shutdown lasting a whole day, you can swap out labels and features in minutes. This allows for flexibility in accommodating changes to projects or swapping resources at the last minute. Digital printing is a great option for labeling because it allows variable input data. For example, unique labeling information can be extracted from a database instead of a single source. The labeling process is significantly accelerated since plates don’t need to be made for every label set. The printer only has to double-check the database to ensure that it is correct for the task. The flexibility of this strategy allows it to be used for short-term projects with only a couple days setup.
The digital printing industry is a market that consists of printing digital designs or images directly onto surfaces using computer controlled printing equipment. This technology has revolutionized printing by offering faster, flexible, and more cost-effective printing options compared to traditional methods.
Digital printing does not require traditional printing plates because it transfers the image directly onto the substrate using digital files. This allows quick customization and variable data printing. It is ideal for personalized print applications, such as marketing materials and packaging.
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The report provides valuable insight into the various elements of the industry, as well as the segments that are rapidly growing and evolving. The report provides information on the growth and transition of new players in the industry. The report includes information on mergers, acquisitions and agreements as well as product launches and joint ventures.
The report includes the following companies as leading market players:
Avery Dennison Corporation. Hewlett-Packard Development Company L.P. Seiko Epson Corporation. Ricoh Company. Inca Digital Printers Limited. Smurfit-Kapopa Group PLC. Roland DG Corporation. Westrock Company. Amcor PLC.
Global Digital Printing Market Report Target Audience:
Key Market Players
Investors
Venture capitalists
Small and medium-sized enterprises and large enterprises
Third-party Knowledge Providers
Value-Added Resells (VARs).
Global market suppliers, producers, traders and distributors
There are many research organizations, consulting firms, and alliances that are interested in the sector.
Government authorities, independent regulatory agencies, and policymakers
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Major Geographical Areas Analyzed by the Report
North America (U.S., Canada)
Europe (U.K. Italy Germany France Rest EU)
Asia Pacific (India, Japan China South Korea Australia Rest of APAC
Latin America (Chile Brazil Argentina Rest of Latin America
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations in the Digital Printing Market
This market is segmented into Types of Products, Applications and Regions. This analysis provides accurate production and sales forecasts by Types and Applications in terms of value and volume for the period 2022 to 2030. This analysis will help readers expand their businesses by focusing on emerging markets and niches. The report provides data on global and regional market share. The report covers North America, Europe and Asia Pacific. It also includes Middle East Africa, Latin America and Middle East Africa. The report includes a competitive analysis of each company and a market position assessment by the research analysts. The report segments the market for Digital Printing by region, product and application.
This report covers the following segments:
Ink Outlook (Revenue, USD Billion; 2019–2030)
Aqueous
Solvent
UV-Cured
Latex
Dye Sublimation
You can also find out more about Other
Print Head Outlook (Revenue, USD Billion; 2019–2030)
Inkjet
Thermal Inkjet
Piezo Inkjet
Electrostatic Inkjet
Micro-Electro Mechanical System Inkjet
Laser
Application Outlook (Revenue, USD Billion; 2019–2030)
Book
Commercial Printing
Texting
Packaging
Labels
Corrugated Packaging
Cartons
Flexible Packaging
Metal Packaging
You can also find out more about Other
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Highlights from the Report
Due to the fact that UV-cured inks can be used to their full capacity, which lowers costs overall, the segment is expected grow steadily throughout the forecast period.
The laser segment will grow rapidly. Laser printers are the fastest printers. These printers do not produce noise and the toner does not fade like ink.
Packaging is expected to grow at a significant rate. Digital printing is cost-effective for packaging because it can be used to print smaller quantities of packaging materials or artwork.
Due to an increasing number of new product launches and promotional campaigns by major players across Asia Pacific, the market is expected to grow significantly.
The report also provides additional information:
The report also provides a detailed analysis of the various market trends, both at regional and global level.
The report provides an overview of the global Digital Printing industry, including the market share and size by geography.
It is capable of performing a micro-and macro-economic indicator study, as well as a cost analysis.
The company profiles of key players on the market are also described in detail.
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