Europe Digital Printing Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Ink Type (Solvent-based, UV-based, Aqueous, and Others), Packaging Type (Corrugated, Folding Cartons, Flexible Packaging, Labels, and Others), and End-Use

Technological Advancement in Digital Printing to Drive Digital Printing Packaging Market in Europe

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According to our latest market study on ""Europe Digital Printing Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Ink Type, Packaging Type, and End-Use Industry,"" the market is expected to grow from US$ 3,850.28 million in 2022 to US$ 6,900.87 million by 2028; it is expected to grow at a CAGR of 10.2% from 2022 to 2028.

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The digital printing packaging market has been witnessing significant growth owing to rising demand for flexible packaging and environmentally friendly printing. Furthermore, the rapid developments in the printing technologies have broadened the scope of flexible packaging, corrugated wrappings, and folding cartons. Moreover, there is increased demand for attractive digital printing packaging from various end use industries such as food and beverage, pharmaceuticals, personal care and cosmetics, etc. Manufacturers are investing in packaging as it attracts consumers and gives all the required product information to the consumers. Digital printing packaging is prominently used in various industries, including food & beverages, pharmaceuticals, and personal care & cosmetics. Owing to significant technological developments in inkjet and electrophotography technologies, digital printing is emerging as one of the cost-effective and easily accessible methods of printing.

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HP Inc, Xerox Holdings Corp, Reel Appeal Ltd, Mondi Plc, Dupont De Nemours Inc, Quad/Graphics Inc, Xeikon Bv, Quantum Print and Packaging Ltd, Weber Packaging Solutions Inc, and DS Smith Plc are a few of the key players operating in the Europe digital printing packaging market. These companies are investing in product innovation and expansion strategies to effectively meet the demands generated in these regions.

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Impact of COVID-19 Pandemic on Europe Digital Printing Packaging Market

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In Europe, France, the UK, and Russia were the worst-affected countries by the COVID-19 pandemic. The outbreak resulted in temporary disruptions in the operations of industrial bases, which discontinued the expansion of their manufacturing facilities across Europe. In addition, due to the shortage of labor, the production of packaging material was low in the region, which disrupted the supply chain of raw materials. Manufacturers such as paper and packaging producers in Europe experienced several challenges due to the crisis. However, various industries are coming on track due to the gradual ease of supply constraints. Many packaging manufacturers offer their products and services to industries for pharmaceutical and food packaging; labeling hand sanitizers and disinfectants; and packaging of soaps, detergents, and hand washes. The rising demand for digital printing packaging across diverse applications and government initiatives to combat COVID-19 substantially boosted the demand for digital printing packaging in Europe.

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The report segments the Europe digital printing packaging market as follows:

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Based on ink type, the Europe digital printing packaging market is segmented into solvent-based, UV-based, aqueous, and others. Based on packaging type, the market is segmented into corrugated, folding cartons, flexible packaging, labels, and others. Based on end use industry, the Europe digital printing packaging market is segmented into food & beverage, pharmaceuticals, personal care & cosmetics, and others.

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