DUBLIN , July 21, 2022 /PRNewswire/ -- The 'Global 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 - Forecast to 2027' report has been added to ResearchAndMarkets.com's offering.
The global digital printing packaging market 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.
The growth of the packaging printing industry, demand for aesthetic appeal, product differentiation, and technological advancements are some of the drivers of the digital printing packaging market. An increase in demand for variable data printing is an opportunity for the digital printing packaging market. There is a rise in demand for economical, sustainable, and innovative printing technologies. Inkjet printing to be the fastest growing printing technology in digital printing packaging market Inkjet printing system, also known as binder jetting technology, involves the selective deposition of a liquid binding agent to join powder particles; the layers of powder material are bonded to form an object. Inkjet printing does not employ heat in the printing process, unlike other technologies where heat can create residual stress in the parts. This system enables the building of multiple different parts on a single print bed and prints finer, smoother details through higher print head resolution. Inkjet printing system has been prevalent in the printing market since 1951, and the extensive use of this technology began in the late 1970s. The growth of this technology is attributed to the introduction of high-speed, commercial color printing inkjet system. Other factors for the increasing adoption of inkjet printers are the low cost of the machine, ability to produce good quality printing at a low maintenance cost, small size, and fast printing. Full color printing segment to be the second largest format in digital printing packaging during the forecast period Full color printing uses the basic four colors of ink: cyan, magenta, yellow, and black, to create different color combinations. These are called process colors. Full color printing increases the accuracy of communication. It allows the printing of more vivid and complex images with different shades, patterns, and color transitions than traditional screen printing and can be used on a variety of surfaces. Europe to be the third largest market for digital printing packaging The demand for digital printing packaging is expected to be supported by the growth of industries such as cosmetics and industrial manufacturing. The digital printing packaging market in Europe is likely to post steady growth over the forecast period as a result of increased spending on consumer packed goods and growth in industrial activities. Focus on reducing packaging waste and food waste will also drive the market for digital printing packaging as it is cost-effective and reduces wastage by increasing the shelf life of products. Due to technological developments in countries such as Germany , the UK, Italy , and France , the digital printing packaging market in these countries is projected to grow at a steady rate compared to the remaining European countries.
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 3.1 Introduction 4 Premium Insights 4.1 Asia-Pacific Market to Grow at Significant Rate due to Rapid Growth of Packaging Industry 4.2 Asia-Pacific : Digital Printing Packaging Market, by Printing Ink and Country 4.3 Digital Printing Packaging Market, by Printing Ink 4.4 Digital Printing Packaging Market, by Printing Technology 4.5 Digital Printing Packaging Market, by Format 4.6 Digital Printing Packaging Market, by Packaging Type 4.7 Digital Printing Packaging Market, by End-Use Industry 4.8 Digital Printing Packaging Market, by Key Countries
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Growing Demand for Sustainable Printing 5.2.1.2 Increasing Demand for Flexible Packaging 5.2.1.3 Cost-Effectiveness 5.2.2 Restraints 5.2.2.1 Fluctuations in Prices of Raw Materials 5.2.3 Opportunities 5.2.3.1 Emerging Economies Offer Significant Growth Opportunities 5.2.3.2 Investment in R&D Activities 5.2.4 Challenges 5.2.4.1 Compliance with Stringent Regulations
6 Industry Trends 6.1 Porter's Five Forces Analysis 6.2 Supply Chain Analysis 6.3 Ecosystem Mapping 6.4 Technology Analysis 6.5 Case Study Analysis 6.6 Trade Analysis 6.7 Trends/Disruptions Impacting Customers' Business 6.8 Key Conferences & Events in 2022-2023 6.9 Tariff and Regulations Analysis 6.9.1 European Union Standards for Digital Printing Packaging 6.9.2 Regulatory Bodies, Government Agencies, and Other Organizations 6.10 Patent Analysis 6.10.1 Introduction 6.10.2 Methodology 6.10.3 Document Type 6.10.4 Publication Trends - Last 10 Years 6.10.5 Insights 6.10.6 Legal Status of Patents 6.10.7 Jurisdiction Analysis 6.10.8 Top Companies/Applicants 6.11 List of Patents 6.12 Top 10 Patent Owners (Us) in Last 10 Years
7 Digital Printing Packaging Market, by Printing Ink 7.1 Introduction 7.2 Solvent-Based Ink 7.2.1 Offers Durable and Waterproof Printing 7.3 UV-Based Ink 7.3.1 Excellent Adhesion Properties of UV-Based Ink to Drive Demand for this Segment 7.4 Aqueous Ink 7.4.1 High Level of Compliance with Current Environmental Protection Standards to Drive Market for this Segment 7.5 Others
8 Digital Printing Packaging Market, by Printing Technology 8.1 Introduction 8.2 Thermal Transfer Printing Technology 8.2.1 Thermal Transfer Technology Offers Superior Quality and Durability 8.3 Electrophotography & Electrostatic Printing Technology 8.3.1 Demand for High-Quality Print at High-Speed to Drive Market for this Segment 8.4 Inkjet Printing Technology 8.4.1 Increased Demand for Better Quality and Low Cost for Short Run to Drive Market 8.5 Others
9 Digital Printing Packaging Market, by Format 9.1 Introduction 9.2 Full Color Printing 9.2.1 Full Color Printing Offers Increased Accuracy of Communication 9.3 Large Format Printing 9.3.1 Large Format Printing Used for Its Sharp and Vibrant Results 9.4 Variable Data Printing 9.4.1 Variable Data Printing Most-Widely Used Printing Format 9.5 Others
10 Digital Printing Packaging Market, by Packaging Type 10.1 Introduction 10.2 Corrugated 10.2.1 Point-Of-Purchase Displays on Corrugated Boxes Driving Growth for this Segment 10.3 Folding Cartons 10.3.1 Digital Printing Offers High-Quality Prints on Cartons 10.4 Flexible Packaging 10.4.1 Shorter Print Runs and Versatile Printing on Various Substrates Expected to Drive Market 10.5 Labels 10.5.1 Increase in Demand for Customized Labels Expected to Drive Market 10.6 Others
11 Digital Printing Packaging Market, by End-Use Industry 11.1 Introduction 11.2 Food & Beverage 11.2.1 Changing Consumer Sentiments, Rising Demand for Groceries, and Focus on Hygiene Expected to Drive Market in this Segment 11.3 Household & Cosmetic Products 11.3.1 Rising Demand for Personal Care and Household Hygiene Products Expected to Drive Market 11.4 Pharmaceuticals & Healthcare 11.4.1 Enhancing Operational Efficiency, Security, and Compliance Expected to Drive Market in this Segment 11.5 Others
12 Digital Printing Packaging Market, by Region
13 Impact of COVID-19 on Digital Printing Packaging Market 13.1 COVID-19 Impact Analysis 13.1.1 COVID-19 Economic Assessment 13.1.2 Effects on GDP of Countries 13.2 COVID-19 Impact on Digital Printing Packaging Market 13.2.1 Impact on End-Use Sectors
14 Competitive Landscape 14.1 Introduction 14.2 Strategies Adopted by Key Players 14.3 Market Share Analysis 14.3.1 Ranking of Key Market Players 14.3.2 Market Share of Key Players, 2021 14.3.2.1 DS Smith 14.3.2.2 Smurfit Kappa 14.3.2.3 CCL Industries 14.3.2.4 Quad/Graphics Inc. 14.3.2.5 Printpack 14.4 Company Evaluation Quadrant (Tier 1) 14.4.1 Stars 14.4.2 Pervasive 14.4.3 Emerging Leaders 14.4.4 Participants 14.5 Start-Up/Small and Medium-Sized Enterprises (SMEs) Evaluation Quadrant 14.5.1 Progressive Companies 14.5.2 Responsive Companies 14.5.3 Starting Blocks 14.5.4 Dynamic Companies 14.6 Competitive Benchmarking 14.7 Competitive Situation and Trends 14.7.1 Recent Developments
15 Company Profiles 15.1 Major Players 15.1.1 Huhtamaki 15.1.2 Constantia Flexibles 15.1.3 Quad/Graphics, Inc. 15.1.4 Thimm the Highpack Group 15.1.5 Printpack 15.1.6 DS Smith 15.1.7 Smurfit Kappa 15.1.8 Krones AG 15.1.9 CCL Industries Inc. 15.1.10 ePac Holdings, LLC. 15.2 Additional Players 15.2.1 Nosco, Inc. 15.2.2 Quantum Print & Packaging Ltd. 15.2.3 Stora Enso 15.2.4 Traco Packaging 15.2.5 Tailored Label Products, Inc. 15.2.6 Schumacher Packaging 15.2.7 Creative Labels Inc. 15.2.8 Reynders Label Printing 15.2.9 Elanders AB 15.2.10 Colordruck Baiersbronn 15.2.11 Sun Print Solutions 15.2.12 Xymoprint 15.2.13 Weber Packaging Solutions 15.2.14 Cenveo Worldwide Limited 15.2.15 Packman Packaging Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/v0euhh
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
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