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Digital Printing Packaging Market

Digital Printing Packaging Market Forecasts to 2028 – Global Analysis Printing Technology (Inkjet Printing, Nano-Graphic Printing), End User (Healthcare, Food & Beverage, Chemicals, Consumer Durables), and By Geography

4.4 (54 reviews)
Published: June 2021 ID: SMRC20653
4.4 (54 reviews)
Published: June 2021 ID: SMRC20653

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Digital Printing Packaging market is accounted for $21.21 billion in 2020 and is expected to reach $69.04 billion by 2028 growing at a CAGR of 15.9% during the forecast period. Some of the key factors propelling the market growth include growing demand for sustainable printing, increasing demand for flexible packaging, increase in the demand for packaging printing for attractive packaging of food & beverage products across the globe, rise in manufacturing activities, and growing demand for aesthetic appeal and innovative printing techniques. However, fluctuations in the prices of raw materials are restricting the market growth.

 

digital-printing-packaging-fig-83.png

Digital printing is the technique of printing the digital image or file directly on the substrate such as paper, canvas, cardstock, plastic, foil, fabric, and other substrates. In this technique, the ink is directly pressed over the substrate removing the need for the plates and setup sheets, reducing the overall initial cost. Digital printing is a cost-effective printing technique offering high-quality printing quality, rapid turnaround time with high accuracy. It is an eco-friendly printing technique ideal for printing short to medium print runs. Owing to this, it is widely used as a printing option over the packaging of food & beverage, pharmaceutical, cosmetics, personal care products.

By packaging type, the labels and tags segment is expected to grow at the significant rate during the forecast period, due to its application in almost all types of packaging variables and its numerous applications such as displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product. Labels and tags are the mostly used packaging type as they display product information, brand identification symbols, and transportation details during shipping.

On the basis of geography, Asia-Pacific region is estimated to have considerable market growth during the forecast period, owing to increasing demand from food and beverages and personal care products sector, increasing consumption of packaged good is creating demand for premium packaging, presence of a large consumer base in emerging countries such as India and China, manufacturers’ focus on developing low-cost packaging printing options, the region experiencing growing e-retail sales, coupled with a growing convenience packaging in the food industry. However, as the digital printing packaging market in developed countries is getting matured, the markets in China and India are projected to grow at higher rates during the forecast period.

Some of the key players in Digital Printing Packaging Market include Quad/Graphics, Inc., HP Inc., Mondi PLC, Xerox Corporation, Quantum Print & Packaging Ltd, Traco Manufacturing, Inc., WS Packaging Group, Inc., Xeikon N.V., E.I. Du Pont Nemours and Company, Eastman Kodak Company., DS Smith Plc, Weber Packaging Solutions Inc., Landa Corporation Ltd., Reel Appeal Limted, Tailored Label Products Inc., and Edwards Label, Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 21.21 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

15.9%

Predicted 2028 Value:

USD 69.04 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

373

Chapters Covered:

Printing Technology, Packaging Type, Printing Inks, Format, Sales Channel, Application, and End User

Core Drivers and Opportunities:

  • Investment in R&D Activities
  • Increase in the demand for packaging printing for attractive packaging of food & beverage products across the globe
  • Growing demand for aesthetic appeal and innovative printing techniques

Restraining Factors & Market Threats:

  • Fluctuations in the Prices of Raw Materials
  • Stringent government regulations regarding usage of plastic


Printing Technologies Covered:
• Inkjet Printing
• Electrophotography & Electrostatic Printing
• Thermal Transfer Printing
• Liquid Toner Electrophotography Printing
• Nano-Graphic Printing
• Other Printing Technologies

Packaging Types Covered:
• Folding Cartons
• Labels and Tags
• Corrugated Packaging
• Flexible Packaging
• Bottles & Jars
• Boxes
• Other Packaging Types

Printing Inks Covered:
• Aqueous/Water-Based Inks
• Solvent-Based Ink
• Ultraviolet (UV)-Based Ink
• Other Printing Inks

Formats Covered:
• Variable Data Printing
• Full Color Printing
• Large Format Printing
• Other Formats

Sales Channels Covered:
• Distributor
• Direct Sales

Applications Covered:
• Рhоtоvоltаіс Рrоduсtѕ
• Сеrаmіс Тіlеѕ
• Flаt аnd Rоund Glаѕѕ
• Dесоrаtіvе Lаmіnаtеѕ
• Техtіlеѕ

End Users Covered:
• Pharmaceuticals and Healthcare
• Food & Beverage
• Chemicals
• Consumer Durables
• Household & Cosmetic Products
• Personal Care
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand 
o South Korea               
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Digital Printing Packaging Market is majorly driven by growing demand for sustainable printing, the growth in demand for innovative and convenience packaged food and beverage and cosmetic products from consumers across the globe, and rise in demand for the labels to authentication and product differentiation.

The labels and tags segment is growing at a highest CAGR owing to its application in almost all types of packaging variables and its numerous applications such as displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product.

Asia Pacific dominated with a significant market share due to increased consumption of packaged food products among consumers in this region, rapid urbanization coupled with an increased spending power of the middle-class population in emerging economies of this region such as India and China, and growing expansion of food & beverages and healthcare industries in this region.

Europe market is growing at a highest CAGR owing to increased growth in the organized retail sector, increased employment in the region, flexible monetary policies by the government, and major demand from food & beverage industry.

Key players in Digital Printing Packaging Market include Quad/Graphics, Inc., HP Inc., Mondi PLC, Xerox Corporation, Quantum Print & Packaging Ltd, Traco Manufacturing, Inc., WS Packaging Group, Inc., Xeikon N.V., E.I. Du Pont Nemours and Company, Eastman Kodak Company., DS Smith Plc, Weber Packaging Solutions Inc., Landa Corporation Ltd., Reel Appeal Limted, Tailored Label Products Inc., and Edwards Label, Inc.

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