Theglobal digital printing packaging market size wasvalued at USD 28.50 in2022. The industry is expected to expand from USD 30.78 billion in2023 to USD 54.35 billion by 2030, exhibitinga 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.
FortuneBusiness Insights™ providesthis information in its research report, titled “Digital PrintingPackaging Market, 2023-2030”.
Source:
COVID-19Impact:
Remarkable Expansion of Food & Beverages and E-commerce Sectors PositivelyInfluenced the Market
The COVID-19 pandemic positively impacted the digital printingpackaging 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 BenefitsProvided by Inkjet Printing to Augment Segment Growth
By technology, themarket 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.
ReportCoverage:
Thesignificant strategic initiatives deployed by leading players to outshine 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.
