Hybrid Printing Market Analysis, Trends, Growth, Research And Forecast 2030

The term "hybrid printing market" describes technology that offers notable benefits in terms of speed, quality, and cost-effectiveness by combining traditional and digital printing procedures. Because it can adapt to the changing needs of many industries, such as packaging, labels, textiles, and signage, this new market is becoming more and more popular. The advantages of conventional printing techniques like offset or flexography are combined with the adaptability and personalization possibilities provided by digital printing technologies like inkjet in hybrid printers. Hybrid printers help organizations achieve faster turnaround times, lower waste, better color accuracy, and customizable output by combining both processes into a single machine.

Furthermore, this technology enables on-demand production capabilities to meet changing data needs. Hybrid printers are predicted to have significant growth in the upcoming years as they integrate more deeply into the workflows of print service providers for a wider range of applications thanks to improvements in ink formulations and automation features.

The Hybrid Printing Market size was valued at USD 5.4 billion in 2022 and is expected to grow to USD 14.45 billion by 2030 and grow at a CAGR of 13.1% over the forecast period of 2023-2030.

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KEY DRIVERS:
Growing demand for printed materials with personalization
The market for hybrid printing, a potent solution that combines digital and conventional printing technologies, is expected to increase as a result of the rising need for personalized printed materials. This desire fuels the demand for individualized and distinctive printed goods, which serves as a driving force for hybrid printing. In order to meet the rising demand for customised products, firms can easily combine variable data and design flexibility with the effectiveness and affordability of standard printing techniques. There are many benefits to the rising demand for personalized printing products. It primarily assists companies to strengthen their brand visibility by providing customized and alluring printed materials that appeal to their target market.

OPPORTUNITY:

Growing e-commerce industry
The e-commerce industry's expansion is giving hybrid printing service providers new business options. Hybrid printing is a wonderful option for e-commerce companies who need to be able to produce Self-Adhesive labels and packaging fast and affordably. Hybrid printing has a number of benefits, including the capacity to give mass customisation and personalization. E-commerce companies thrive on providing customers with individualized experiences, and hybrid printing enables them to design packaging, labels, and promotional materials that are specifically tailored to each customer. With this skill, e-commerce businesses may stand out in a congested market and increase brand loyalty.

Key Players of Hybrid Printing Market:

Major vendors in the hybrid printing companies include FUJIFILM Holdings Corporation (Japan), HP Development Company, L.P (US), Ricoh (Japan), Konica Minolta (Japan), Bobst (Switzerland), Electronics for Imaging, Inc. (US), Seiko Epson (Japan), Koenig & Bauer AG (Germany), Heidelberger Druckmaschinen AG (Germany), Kento Digital Printing (Spain), KTK (Spain), and other players are listed in a final report.

Market Segmentation of Hybrid Printing

MARKET SEGMENTATION
By Technology
UV Inkjet Printing
Water Based Printing
Solvent Printing
LED Curable
Dye Sublimation

By Substrate
Textile & Fabric
Paper
Glass
Plastic
Metal

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