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Variable Data Printing Market Trends 2028 | Mondi, HP Development Company

08-13-2020 02:03 PM CET | IT, New Media & Software

Press release from: TMR Research

TMR Research

TMR Research

Global Variable Data Printing Market: Overview

Variable data printing gives serialized number and personalized information printing along with improved quality. It needs less time to print and has lower price. Variable data printing is utilized in several end use sectors. The market is expected to pick up a good pace in coming years, due to advancement in technology.

Based on application, the global variable data printing market is segmented as food and beverages, consumer durables, healthcare, cosmetics and toiletries, and retail. Among these, the retail segment leads the global market with maximum variable data printing share in the forthcoming years. This is due to increasing demand for printing of varied content to sell the retail items.

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Global Variable Data Printing Market: Trends and Opportunities

Emergence of technology of advanced commercial color printing inkjet is estimated to drive the global variable data printing market in coming years. Nevertheless, other manufacturers are concentrating on improved quality of printing at user friendly costs. Key propelling factor in the global market is surged demand in end-use sector.

The increased growth in the retail sector is among the major factors that are foreseen to fuel the demand for variable data printing in the forthcoming years. Other factors such as increasing urbanization, gradual shift in consumer preference toward high-end products, and rise household incomes play a major role in the growth of variable data printing market. The vendors are prompting the buyers to adopt variable data printing so as to expand their footprints. As a result, with the increase in growth rate of the retail sector along with the rise in adoption of print marketing is expected to result in the dominance of global variable data printing market with a decent CAGR in the forecast period.

Global Variable Data Printing Market: Market Analysis

Solimar Systems, Inc., a creative global firm supplier engaging into critical communications through multi-channel archive exchange solutions for web print, and mobile delivery as of late declared the launch of an improved form of Rubika, a Solimar’s honor winning record re-designing system for value-based, high-volume and variable-data printing and web based survey conditions. Rubika empowers clients to streamline production work processes, computerize manual procedures, rise postal funds, add substance to reports, use completing devices and powerfully alter data streams before printing.

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Global Variable Data Printing Market: Regional Analysis

Geographically, region of Asia Pacific holds the biggest market share in the entire variable data printing market because of the changes in consumer preference. Developing economies are projecting a significant growth owing to rise in safety and health concerns. Fast changes in the lifestyle along with increased demand for consumer goods are expected to augment the demand in the mentioned region. Rise in disposable income of the people in Asia Pacific is another factor responsible for the market growth of variable data printing.

Global Variable Data Printing Market: Competitive Landscape

The variable data printing market appears to be decently fragmented with the firms concentrating on developing new innovations to cater the high-end products. The key players leading the global variable data printing market are Mondi, HP Development Company, WS Packaging Group, R. R. Donnelley & Sons, and Xerox.

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends

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San Francisco, CA 94121
United States
Tel: +1-415-520-1050

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