The global digitalprinting packaging market size was valued at USD 28.50 in 2022. The industry is expected to expand from USD 30.78 billion in 2023 to USD 54.35 billion by2030, exhibiting a CAGR of 8.46% over the study period.
Digitalprinting packaging is a technique in which the digital file is directly
transferred to a printer for applications on different packaging materials. The
market expansion can be ascribed to the substantial demand for sustainable
printing. The printing industry is being encouraged to adopt digital printing
methods for packaging owing to the growing demand from government bodies and
consumers to have a more sustainable economy.
Fortune Business Insights™ provides this information in its research report, titled “Digital Printing Packaging Market,2023-2030”.
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COVID-19 Impact:
RemarkableExpansion of Food & Beveragesand E-commerce Sectors Positively Influenced the Market
The COVID-19 pandemic positivelyimpacted the digital printing packaging market. In the initial stage of the
pandemic, crucial issues were observed by the digital printing industry. However,
the relaxation in environmental regulations coupled with the flourishing food
& beverages and e-commerce industries is expected to lead to significant
growth of the market during the post-pandemic period.
Segmentation:
Performance Benefits Provided by InkjetPrinting to Augment Segment Growth
Bytechnology, the market is classified into electrophotography printing, thermal
transfer printing, inkjet printing, and others. The inkjet printing segment registers
the largest share. Numerous cost and performance benefits, such as short
turnaround times, automated color management, and on-demand printing as
compared to electrophotography or flexography processes are offered by inkjet
technology.
Report Coverage:
The significant strategic initiatives deployed by leading players tooutshine the competition have been mentioned in the report. In addition, it
provides a comprehensive coverage of the major driving and restraining factors
affecting the market growth. Additional aspects of the report include the latest
trends, key industry developments, and the impact of the COVID-19 pandemic on
the market growth.
Drivers and Restraints:
ConsistentDevelopments in Digital Printing Technologies to Impel Market Growth
The digital printing packaging marketgrowth is driven by consistent advancement in digital printing technologies. Digital
printing is being preferred by packaging converters and brand owners owing to
many improvements in equipment and technological innovations.
