Digital Printing Packaging Market is Size, Trends, Latest Insights, Analysis and Forecast 2024-2031/ Canon Inc., FUJIFILM Corp., HP Inc., Seiko Epson Corp., and Xerox Corp.

Global digital printing packaging market is anticipated to grow at a significant CAGR of 15.5% during the forecast period (2024-2031). The market growth is attributed to the growing demand from the food & beverages and personal care industries driving the market growth. Digital printing packaging is more time and cost-efficient than other techniques of printing. Digital printing offers advantages for flexible packaging, such as pouches, in terms of cost and quality. Packaging for food, pet supplies, and other products can benefit greatly from its ability to print on a wide range of materials with superior finish, vibrant hues, and durability. The increasing investment has enabled the installation of a new fully automated production line to manage materials handling, formulation, processing, filling, inspection, and packaging of high-volume UV inks, using vision and robot technology to ensure finished product quality. For instance, in November 2023, Domino Printing Sciences plc invested £6.6 million ($7.1 million) to boost its digital printing ink manufacturing capacity. The upgrade to its existing 16,000m2 Liverpool facility encompasses the design and manufacture of digital printing presses, printheads, and UV digital printing inks - to ensure overall print quality for the customer.

UV printing is a distinctive form of digital printing that involves the use of ultraviolet (UV) light to cure or dry UV ink almost as soon as it is applied to a prepared substrate. The UV printing process is unique For instance, in November 2023, Epson introduced Pacer Print and Packaging in Southern California with the installation of Epson SurePress® L-6534VW UV digital label press. Pacer Print and Packaging prints around 3 million labels per month on the SurePress, with clients spanning a variety of industries including nutraceuticals, health and beauty, candles, food and spice, and entertainment.

Advancement in printing, packaging, and enhancement solutions to help trade visitors discover new technologies and verticals to elevate their businesses to new heights and stay ahead of their competitors. For instance, in March 2023, Monotech Systems Ltd., enhanced its latest advancements in printing, packaging, and enhancement solutions. The company's key exhibits under the digital printing category include a line of highly advanced RICOH digital production presses, viz. RICOH Pro C9200, RICOH Pro 8300S, RICOH Pro C7200X, and RICOH Pro 5310S.

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Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

•                 Printing Ink 

•                 Packaging Type

•                 End-Use Industry 

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

Competitive Landscape- Canon Inc., FUJIFILM Corp., HP Inc., Seiko Epson Corp., and Xerox Corp., among others.

Digital Printing Packaging Market Report Segment

By Printing Ink

•                 Solvent-based Ink

•                 UV-based Ink

•                 Aqueous Ink

•                 Other Printing Inks (Latex and Dye-Sublimation Inks)

By Packaging Type

•                 Industrial Goods

•                 Corrugated

•                 Folding cartons

•                 Flexible packaging

•                 Labels

•                 Other (Rigid packaging and Metal Packaging)

By End-Use Industry

•                 Food & beverage

•                 Pharmaceuticals and Healthcare

•                 Household & cosmetic products

•                 Other End-Use Industries (Automotive and Electronic Industries)

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Digital Printing Packaging Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Agfa-Gevaert Group

•                 Bobst Group SA

•                 Canon Inc.

•                 Colordyne Technologies LLC

•                 Domino Printing Sciences plc 

•                 Durst Group Ag

•                 Eastman Kodak Company

•                 Electronics for Imaging, Inc. 

•                 Heidelberger Druckmaschinen AG

•                 Inca Digital Printers Ltd.

•                 Konica Minolta, Inc. 

•                 Kornit Digital Ltd.

•                 Mark Andy, Inc.

•                 Memjet

•                 MGI Digital Technology

•                 Mimaki Engineering Co., Ltd.

•                 Ricoh Company, Ltd. 

•                 Roland DGA Corp.

•                 SCREEN Graphic Solutions Co., Ltd.

•                 Xeikon N.V.

•                 Xerox Corp.

•                 Zünd Systemtechnik AG

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