Global Digital Printing Packaging Market Size study & Forecast, by Packaging Type (Corrugated Packaging, Folding Cartons, Flexible Packaging, Labels), by Printing Technology (Inkjet Printing, Electrophotography Printing), by End-User Industry (Food & Beverages, Pharmaceuticals, Electronics, Personal Care & Cosmetics, Others) and Regional Analysis, 2023-2030
Global Digital Printing Packaging Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Digital printing packaging is the process of using digital printing technology to create customized packaging materials and designs for various products. This technology allows for the efficient and cost-effective production of packaging with high-quality graphics, text, and images. distant from traditional printing methods, such as offset or flexographic printing, which involve plates and setup costs, digital printing enables on-demand, short-run, and variable data printing with minimal setup requirements. The key factors driving the market growth is growing demand for the growing demand for sustainable printing, rising demand for flexible packaging solutions, and growing demand for personalized packaging that anticipated to support the market growth during the forecast period 2023-2030.
Moreover, the growing demand for flexible packaging is indeed supporting the growth of the Digital Printing Packaging Market. Flexible packaging is often used for products with varying shapes and sizes, and digital printing allows for high levels of customization. Brands can print variable data, such as different designs, colors, or even personalized messages on each package. This ability to offer unique packaging for different products or customers is a significant driver for the adoption of digital printing in packaging. According to Statista, in 2020 the flexible packaging market was valued at USD 42.64 billion and it is anticipated to reach USD 56.26 billion by 2025. Additionally, rising investment in R&D activities and growing e-commerce sectors are anticipated to create lucrative opportunities for the market during the projected period. However, the fluctuations in prices of raw materials stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Digital Printing Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, growing disposable income, and growing demand for personalized packaging. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the growing demand for FMCG and convenience products, rising demand from the pharmaceutical industry, and growing industrial activities and high growth of the food sector.
Major market player included in this report are:
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.
Recent Developments in the Market:
In February 2022, Smurfit Kappa has made a substantial investment in its innovative Design2Market Factory, a unique facility that streamlines the entire process from packaging design to market introduction. This investment encompasses cutting-edge digital printing and die-cutting technologies, empowering swift prototyping for initial production runs. Furthermore, it boasts state-of-the-art packaging performance analysis tools and an on-site field lab, all conveniently housed in a single facility.
Global Digital Printing Packaging Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Packaging Type, Printing Technology, End-User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging Type:
Corrugated Packaging
Folding Cartons
Flexible Packaging
Labels
By Printing Technology:
Inkjet Printing
Electrophotography Printing
By End-User Industry:
Food & Beverages
Pharmaceuticals
Electronics
Personal Care & Cosmetics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
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.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.