Digital Printing Packaging Market To Post Fabulous Accruals at Double Digit CAGR of 10.5% Through 2023

Global Digital Printing Packaging Market Information by Packaging Type (Labels, Flexible Packaging, & Other), by Technology (Inkjet, Electrophotography & Others), by Application (Boxes, Cans, Bottles, and Others), by End-User (Food & Beverages, Personal care, Pharmaceuticals, Electronics Goods and Others) and by Region - Forecast to 2023

Market Scenario

Packaging industry will witness a revolution due to the increasing applications of digital printing. The concept of digital printing for packaging is specifically introduced to attract consumers. This method includes printing of digital images or text on product packaging. Digital printing packaging market is primarily driven by the increasing demand from the food & beverages and personal care industries. Digital printing is more time and cost efficient than other techniques of printing. Digital printing helps cover entire information while providing better quality prints than other techniques. These factors increase the popularity of digital printing packaging, which ultimately fuels the growth of this market. However, fluctuations in raw material prices may hamper the growth of digital printing packaging market.

Global digital printing packaging market, valued at USD 11.10 billion in 2015 is projected to grow at a CAGR of 10.5% during the forecast period.

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Key Players

The key players of global digital printing packaging market include

• W S Packaging Group Inc (U.S.)
• Weber Packaging Solutions Inc. (U.S.)
• Xerox Corporation (U.S.)
• Xeikon N.V. (Netherlands)
• Hewlett-Packard Inc. (U.S.)
• Mondi Group (South Africa)
• E.I. du Pont de Nemours and Company (U.S.)
• Quad Graphics Inc. (U.S.)
• Labels in Motion (U.S.)
• Reel Appeal Limited(U.K.)

Industry/ Innovation/ Related News:

Feb 2018- HP Inc. announced that ePac Flexible Packaging purchased 10 additional HP Indigo 20000 digital presses for expanding operations across the US. The new order quadruples the production capacity for ePac.

Oct 2017- Xerox hosted a joint event with one of its users, packaging manufacturer Alexir Partnership for promoting the digital printing technologies within the packaging sector.

Dec 2013- WS Packaging Group Inc. has expanded digital printing capabilities across the nation with a strong network of 21 printing facilities and along with it installation of two new HP Indigo WS6600 presses in the Algoma, WI, and Fullerton, CA. Advancements in the speed, size, and overall production capabilities are offered by digital printing technologies which constantly improves the ability of expanding the range of customer digital applications.

Digital Printing Packaging Market– Competitive Analysis

The global digital printing packaging market is highly competitive and is characterized by the presence of few leading market players. The End-users of digital printing usually prefer the products manufactured by experienced players in the market for making long-time investments. This leads to existence of smaller number of regional vendors in the market. Multitude of vendors is increasingly coming up with technologically advanced products with the objective of improving customer experience and simultaneously gaining a competitive edge over other vendors.

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Digital Printing Packaging Market– Segmentation

The Digital Printing Packaging Market can be segmented in to three key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Packaging Type - Labels, Flexible Packaging, & Other
Segmentation by Technology - Inkjet, Electrophotography & Others
Segmentation by Application - Boxes, Cans, Bottles, and Others
Segmentation by End-User - Food & Beverages, Personal care, Pharmaceuticals, Electronics Goods and Others
Segmentation by Regions: North America, Europe, APAC and Rest of the World.

Digital Printing Packaging Market– Regional Analysis

North America region is leading the global digital printing packaging market due to the huge investments made by the players for promoting digital printing packaging. The market in Europe is growing with the increase in demand for more attractive packaging solutions by the buyer. In Europe, Germany is the most demanding region for use of such digital printing packaging market.

Asia Pacific is leading the growth of the global digital printing packaging market owing to the presence of developing countries in the region such as India and China with increasing disposable income of the people and changing consumer taste and preferences. Also, the rapidly increasing food & beverage industries in China is positively impacting the global market growth. Industries in the region are projected to adopt high-quality standard and customized solution for digital printing packaging, which will in turn drive the growth of the global market.

In Latin America, countries such as Mexico, Brazil, and Argentina are expected to generate market opportunities for various market players who are operating in the global market for digital printing packaging.

The report for Global digital printing packaging market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Brief Toc:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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