Global Digital Printing and Packaging Market Forecast Report 2024-2029


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Global digital printing packaging market

Global digital printing packaging marketGlobal digital printing packaging market

Global digital printing packaging market

Dublin, April 24, 2024 (GLOBE NEWSWIRE) — “The global digital printing packaging market is segmented by printing ink (solvent-based ink, UV-based ink, water-based ink), printing technology, format (full color printing, variable data printing, Large Format Printing), Packaging Type, End-Use Industries – Forecast to 2029” report has been added to ResearchAndMarkets.com Dedication.

The digital printing packaging market is expected to grow from US$30.2 billion in 2024 to US$46.2 billion in 2029, with a compound annual growth rate of 8.9%. The digitally printed packaging market has experienced significant expansion in recent years, driven by several key factors. Rising demand for customized and personalized packaging solutions, as well as consumers’ growing preference for unique and visually impactful designs, are key to driving this growth trajectory. Additionally, the trend towards low-volume production has increased, further driving market expansion. Advances in digital printing technology, characterized by improved print quality, faster production and greater cost efficiencies, have significantly enhanced manufacturers’ ability to effectively meet changing consumer demands.

Solvent-based inks will become the most widely used printing inks in the digital printing and packaging market

Solvent-based inks are the largest printing ink type in the digital printing packaging market due to their widespread adoption and widespread presence across industries. Its dominance can be attributed to several factors, including its versatility, durability, and compatibility with a variety of substrates commonly used in packaging materials. Solvent-based inks are known for their ability to deliver vibrant colors and sharp images, making them particularly suitable for applications where high print quality is critical.

Thermal transfer printing will become the largest printing technology in the digital printing packaging market.

Thermal transfer printing stands out as the largest printing technology in the digital printing packaging market. The technology uses heat to transfer ink from the ribbon to the substrate, enabling precise, high-quality printing on labels, tags and flexible packaging. Its dominance can be attributed to its ability to produce durable, long-lasting prints with excellent resistance to fading, abrasion and environmental factors.

Variable data printing holds largest market share in digital printing packaging market

One of the key drivers for the rapid growth of variable data printing (VDP) in the packaging industry is its ability to achieve mass customization. By leveraging data analytics and digital printing technology, brands can dynamically change their packaging elements, such as product descriptions, promotional offers and even imagery, to resonate with different demographics or geographies. This level of customization not only strengthens the relationship between the brand and the consumer, but also increases the likelihood of conversion and repeat purchases.

Label packaging type holds the largest market share in the digitally printed packaging market.

One of the key drivers for the rapid growth of labels in the digitally printed packaging market is the growing demand for personalized and on-demand packaging solutions. Digital printing technology allows brands to print low-volume production labels with variable data, allowing for customized designs based on specific products, campaigns or consumer preferences. This flexibility not only enhances brand authenticity but also enables brands to quickly adapt to changing market trends and consumer demands.

Food and beverages account for the largest market share in the digitally printed packaging market.

The food and beverage industry is the largest end-use industry in the digitally printed packaging market due to its large consumption volume, diverse product offerings, and changing consumer preferences. The industry, which has a wide range of products ranging from packaged food and beverages to snacks and confectionery, relies heavily on packaging to attract consumers and differentiate brands on crowded store shelves. As a result, demand for innovative and eye-catching packaging solutions has surged, driving the adoption of digital printing technologies to meet the evolving needs of food and beverage manufacturers.

Asia Pacific is the largest market for digitally printed packaging.

One of the key drivers for the rapid growth of digitally printed packaging in Asia Pacific is the increasing adoption of advanced printing technologies by packaging manufacturers to meet the changing needs of consumers. As brands seek to stand out in a highly competitive market, the demand for customized and visually appealing packaging solutions continues to grow, and digital printing technology can effectively achieve this. In addition, the rise of e-commerce platforms and the changing retail landscape in Asia Pacific have further accelerated the adoption of digital printing for packaging, as brands look to enhance their online presence and provide consumers with a unique packaging experience.

The report provides insights into:

  • Analyze key drivers (demand for customization and personalization, rapid prototyping and time-to-market advantages, sustainability issues), constraints (limited scope of applications, fluctuations in raw material costs) and opportunities (growth of the e-commerce industry, emerging economies Providing significant growth) Opportunities, emerging markets, and niche markets) and challenges (competition from traditional printing methods, regulatory compliance, and quality standards) affecting the growth of the digital printing packaging market

  • Product Development/Innovation: Detailed insights into the upcoming technologies, R&D activities, and new product and service launches in the Digital Printing Packaging market

  • Market Development: Comprehensive information on the lucrative market – The report analyzes the digital printing packaging market in different regions

  • Market Diversification: Detailed information on new products and services, untapped geographies, latest developments, and investments in the digital printing and packaging market

  • Competitive Assessment: In-depth assessment of the market shares, growth strategies and service offerings of leading companies such as DS Smith Plc (UK), Smurfit Kappa Group (Ireland), CCL Industries, Inc. (Canada), Quad/Graphics, Inc. (US) , Printpack Inc. (USA), Huhtamaki Oyj (Finland), Constantia Flexibles (Austria), THIMM Holding GmbH (Germany), Epac Holdings, LLC (USA), Amcor plc (Switzerland), Sonoco Products Company (USA)), Berry Global Group, Inc. (U.S.), ACME Printing (U.S.), WestRock Company (U.S.), Stora Enso Oyj (Finland), Elanders AB (Sweden), and other companies in the digital printing and packaging market.

Key attributes:

Report properties

detail

Number of pages

Chapter 432

forecast period

2024-2029

Estimated market value in 2024 (USD)

$30.2 billion

Forecast market value by 2029 (USD)

$46.2 billion

CAGR

8.9%

Coverage area

Global

Key topics covered:

executive Summary

  • Solvent-based inks will occupy the largest market share during the forecast period

  • Thermal transfer printing will remain the largest segment during the forecast period

  • Variable data printing will lead the market during the forecast period

  • The label segment will grow at the highest CAGR from 2024 to 2029

  • The food and beverage industry will dominate the market during the forecast period

  • Asia Pacific to Lead Digital Printing and Packaging Market in 2023

quality insights

  • Digital Printing Packaging Market Attractive Opportunities for Players- Emerging economies offer lucrative opportunities for the Digital Printing Packaging Market

  • Asia Pacific: Digital Printing Packaging Market, By Printing Ink and Country – China and Solvent-Based Printing Inks to Dominate the Market in 2023

  • Digital printing packaging market, led by printing inks – solvent-based inks during the forecast period

  • Digital Printing Packaging Market by Printing Technology – Inkjet printing segment will witness the highest growth during the forecast period

  • Digital Printing and Packaging Market (by Format) – Variable data printing will hold the largest share during the forecast period

  • Digital Printing Packaging Market by Packaging Type – Label segment will lead the market during the forecast period

  • Digital Printed Packaging Market by End-Use Industry- Food and Beverages segment will dominate the market during the forecast period

  • Digital Printing and Packaging Market by Key Countries – China to register the highest CAGR from 2024 to 2029

Market dynamics

driver

limit

Chance

  • Development of e-commerce industry

  • Improving living standards in emerging economies

  • Emerging markets and niche markets

challenge

technical analysis

case analysis

  • Sunkey Packaging’s digital printing solution meets Tyson Foods’ agile product development needs

  • DS Smith Tecnicaton revolutionizes reusable container customization with digital printing solution

  • EPAC’s digital printing solution revolutionizes West Shore Foods’ product launch speed

Company Profile

  • DS Smith

  • Smurfit Capa

  • Copper clad laminate industry

  • Quaternary/Graphics Corporation

  • Printing and packaging company

  • hutamaki

  • Constantia Software

  • tim group

  • EPAC Holdings Ltd.

  • Amcor Corporation

  • sonoco products inc.

  • Berry Global Group Ltd.

  • Acme Printing

  • Westlock Corporation

  • know the company

  • Quantum Printing and Packaging Co., Ltd.

  • Stora Enso

  • Traco Packaging

  • Customized Label Products Company

  • Schumacher Packaging GmbH

  • creative label company

  • redes label printing

  • Yiland antibody

  • Baiersbronn Painting

  • Sun Printing Solutions

  • Seamus Print

  • Weber Packaging Solutions

  • Parkman Packaging Pvt.Ltd.

  • Shangji Plastic Packaging Co., Ltd.

For more information about this report, please visit https://www.researchandmarkets.com/r/nyvrhp

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