Press release
Digital Printing Market is Slated to Expand at 6.70% CAGR by 2031; New Printing Technologies to Remain Key Highlight for Market Players
Skyquest Technology
Digital Printing Market [https://www.skyquestt.com/report/digital-printing-market] size was valued at USD 29.25 Billion in 2022 and is poised to grow from USD 31.2 Billion in 2023 to USD 52.43 Billion by 2031, at a CAGR of 6.70% during the forecast period (2024-2031).
Digital printing has gained massive traction around the world by increasing its application scope across multiple industry verticals. Advancements in digital printing technologies and the growing availability of novel digital printers are also expected to contribute to high market growth over the coming years. Rising popularity and demand for personalized and customized products around the world are also projected to boost the demand for digital printing solutions and services in the long run.
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https://www.skyquestt.com/sample-request/digital-printing-market
Top Player's Company Profiles
* Hewlett-Packard Development Company, l.P. (US)
* Canon, Inc. (Japan)
* Ricoh Company Ltd. (Japan)
* Mimaki Engineering Co., Ltd. (Japan)
* Roland DG Corporation (Japan)
* Xerox Corporation (US)
* Seiko Epson Corporation (Japan)
* Durst Phototechnik AG (Italy)
* Electronics for Imaging, Inc. (US)
* Inca Digital Printers Limited (UK)
* Printronix (US)
* Brother Industries, Ltd. (Japan)
* Oki Electric Industry (Japan)
* Kyocera Corporation (Japan)
* Toshiba (Japan)
* Samsung Electronics (South Korea)
* Konica Minolta (Japan)
* Sharp (Japan)
* Panasonic (Japan)
* GCC (Taiwan)
* ID Technology (US)
* Neuralabel Printing Solutions (US)
* Dalemark Industries (US)
* nkcups (US)
* Rena Systems (US)
Digital printing providers are focusing on improving the quality of their prints, lowering the costs of digital printing, and increasing the efficiency and output of digital printers. Collaborations and acquisitions could also be used by digital printing companies to maximize their global presence. Digital printing providers are also projected to invest in the development of eco-friendly and sustainable digital printing solutions as people become more environmentally conscious. Digital printing providers are continually investing in the research and development of novel technologies to maximize their business scope.
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Segments covered
Inktype
Aqueous Ink, Solvent Ink, UV-Cured Ink, Latex Ink, and Dye Sublimation Ink
Head Type
Inkjet (Thermal, Piezo Crystal Based, Electrostatic, and Microelectromechanical), and Laser
Substrate Type
Plastic Film & Foil, Release Liner, Glass, Textiles, Ceramics, Paper, and Others
New Printing Technologies take Center Stage for Digital Printing Providers
Digital printing companies are continually focusing on launching new solutions and products. Integrating advanced technologies such as artificial intelligence will also help companies maximize the efficiency of their products. Digital printing providers are also focusing on expanding their application scope by targeting new industry verticals and applications. Development of new add-on modules and devices to enhance printing capabilities without needing to upgrade the whole printer will also offer a good return on investments. However, bringing new digital printing technologies will remain a majorly effective strategy for almost all digital printing market players in the long run.
* Back in February 2024, Clay Craft India made the first move towards digital printing in the Indian ceramic tableware marketplace . Clay Craft sourced its digital printer from KeraJet and is estimated to completely redefine the ceramic tableware industry in India through this move.
* Canon India, a leading name in the digital printing business announced the launch of six new printers in May 2024. These newly launched printers featured Lucia Pro II pigment ink. This new launch was aimed at improving Canon's presence in the Indian market.
* At the Labelexpo Europe 2023 event, Domino Printing Sciences, a renowned name in the digital printing business launched a new product to promote hybrid printing.The all-new N610i-R digital retrofit module will help organizations integrate digital printing with their existing flexographic lines to save the capital and space required for a new hybrid printer.
* Landa Digital Printing, a renowned developer and provider of advanced digital printing technologies announced the launch of its new digital print technologies at the Drupa 2024 event. Landa S11 and S11P nanographic printing presses with a print speed of more than 11,200 sheets per hour were launched with Landa's next-generation B1 digital print technology.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/digital-printing-market
The saturated nature of the global digital printing market helps established companies and makes it difficult for new entrants. Targeting sustainability, automation, and affordability will offer multiple opportunities for incoming as well as leading digital printing companies.
Related Reports:
Blockchain Market [https://www.skyquestt.com/report/blockchain-market]
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Media Contact
Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=digital-printing-market-is-slated-to-expand-at-670-cagr-by-2031-new-printing-technologies-to-remain-key-highlight-for-market-players]
Phone: +1 351-333-4748
Address:1 Apache Way, Westford,
Country: United States
Website: https://www.skyquestt.com/report/digital-printing-market
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