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Digital Printing Packaging Market Expected to Reach USD 49.9 Billion by 2031, growing at a CAGR of 9.1%

11-13-2024 04:11 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Digital Printing Packaging Market Expected to Reach USD 49.9

The digital printing packaging market is rapidly evolving, driven by the need for faster printing speeds and enhanced quality. Eye-catching packaging plays a crucial role in marketing, often leading to increased product sales. Digital printing is particularly popular for retail products, which benefit from clear visibility both in-store and on displays, boosting demand for inkjet printing among packaging companies.

According to a recent report by Allied Market Research, the digital printing packaging market was valued at $20.6 billion in 2021 and is projected to reach $49.9 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. Digital printing offers an improved approach over traditional methods such as flexo and litho printing, as it eliminates the need for plate replacements, thereby enhancing printing efficiency and reducing machine costs.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/A08308

Product packaging prints are vital for any business, attracting customers and conveying essential product information. The high-quality results of digital printing make it a preferred choice across industries, with many manufacturers using detailed labels, recyclable materials, and vibrant colors to enhance brand image. Premium packaging quality can indicate product quality, helping to build and maintain brand identity.

Digital printing also offers significant advantages over traditional printing, requiring only a single pass to print all colors and enabling last-minute adjustments before production. As a waterless, chemical-free, and prepress-free process, digital printing is considered environmentally friendly. Demand for digital packaging is increasing across various sectors, including cosmetics, pharmaceuticals, food and beverage, and electronics, all contributing to market growth.

However, fluctuations in raw material costs, high maintenance expenses, and the need for skilled operators have impacted industry profitability. The COVID-19 pandemic also disrupted global logistics and manufacturing, leading to supply chain interruptions. As restrictions ease, market growth is expected to resume, supported by digital printing's cost efficiency and superior quality compared to traditional methods.

The digital printing packaging market is segmented by packaging type (corrugated, folding cartons, flexible packaging, labels), printing technology (inkjet, electrophotography), end-use industry (food & beverage, pharmaceuticals, electronics, personal care & cosmetics, others), and region (North America, Europe, Asia-Pacific, LAMEA).

๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚:
https://www.alliedmarketresearch.com/digital-printing-packaging-market-A08308

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
Major players in the digital printing packaging market include:
DuPont
Eastman Kodak Company
HP Development Company, L.P.
Mondi PLC
Multi-Color Corporation (WS Packaging Group Inc)
Quad/Graphics Inc.
Quantum Print and Packaging Ltd.
Traco Manufacturing, Inc.
Xeikon N.V.
Xerox Corporation

๐Š๐ž๐ฒ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

The report provides a comprehensive analysis of current and emerging trends in the global digital printing packaging market.
Corrugated packaging was the leading revenue generator by packaging type in 2021.
Inkjet and electrophotography were the most profitable printing technologies in 2021.
The food & beverage sector dominated end-use industry demand in 2021.
North America is anticipated to lead the global market share through the forecast period.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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