Press release
Digital Printing Market Outlook 2034: Technological Advancements Propel Industry to US$ 54.4 Billion | Amcor plc, Avery Dennison Corporation, Canon Inc., ColorJet Group
Digital Printing Market
Industry analysts anticipate that continued investments in print manufacturing efficiencies, supply chain integration, and time-to-market acceleration will drive digital printing adoption. Key growth verticals include textile and packaging, where high-definition, on-demand print capabilities facilitate product personalization and rapid iteration. The rise of direct-to-consumer printing models particularly in can printing further cements digital printing's role as a versatile, customer-centric technology.
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Market Drivers & Trends
Technological Upgrades in Printing: Major players are embedding automation, AI-driven color management, and new printheads into their presses. For instance, in 2022, Hewlett Packard unveiled its Indigo 15K and 100K Digital Press platforms to enhance automation, reduce labor and plate costs, and slash turnaround times for medium to high-volume short runs.
Textile & Packaging Industry Growth: The global textile sector, valued at US$ 4.4 trillion, is rapidly embracing digital print to enable limitless design options and shorter production cycles. Likewise, packaging manufacturers are deploying UV LED and single-pass inkjet presses to deliver variable data printing-such as QR codes and barcodes-at scale.
On-Demand & Personalized Printing: Digital technology empowers brands to engage customers directly by crowdsourcing can designs, securing approvals, and fulfilling orders without intermediaries. This strategy has spurred increased consumer engagement and brand loyalty.
Latest Market Trends
High-Speed Single-Pass Inkjet: Next-generation presses with robust sheet feeders are driving throughputs that rival and often exceed traditional lithography, enabling signage and packaging that formerly required multiple litho sheets to be completed in a single digital pass.
Water-Based Polymer Inks: Sustainability concerns have prompted Canon's 2022 launch of an automated production facility in Venlo for water-based CMYK inks, designed to curtail waste while ensuring consistent, premium output.
Strategic Partnerships & Acquisitions: Industry consolidation remains robust. In October 2023, ARC Document Solutions partnered with Canon Solutions America to integrate Arizona printing and Colex cutting systems, bolstering its digital color printing services.
Key Players and Industry Leaders
Prominent companies shaping the digital printing landscape include:
Amcor plc
Avery Dennison Corporation
Canon Inc.
ColorJet Group
DIC Corporation
Durst Group
Electronics for Imaging, Inc.
Hewlett Packard Enterprise
Inca Digital Printers Ltd.
Konica Minolta, Inc.
Mimaki Engineering Co., Ltd.
The Ricoh Company, Limited
Roland DG Corporation
Seiko Epson Corporation
Toshiba Corporation
Xeikon B.V.
Xerox Holdings Corporation
Other
Recent Developments
April 2023: Kyocera Corporation acquired NIKKA S.A.S., enhancing its inkjet print engine capabilities and strengthening its presence in Japan's digital printing market.
January 2022: Smurfit Kappa invested over US$ 33 million to install high-end printers in Brazil, supporting the booming e-commerce packaging segment.
September 2023: Fiery LLC inked an R&D partnership with Esko to advance digital print technologies with a focus on color and workflow automation.
Market Opportunities and Challenges
Opportunities:
Sustainability Focus: Development of eco-friendly inks and substrates presents new revenue streams as brands seek greener packaging solutions.
Emerging Economies: Rapid industrialization in Asia Pacific and Latin America offers fertile ground for new installations and service offerings.
4.0 Factory Integration: Combining IoT, AI, and advanced robotics with digital print presses can revolutionize mass customization.
Challenges:
High Capital Expenditure: Upfront costs of advanced digital presses may deter smaller enterprises despite long-term ROI advantages.
Skill Shortages: Operating and maintaining sophisticated digital printing systems requires specialized training.
Ink and Substrate Compatibility: Ensuring consistent print quality across diverse materials remains a technical hurdle.
Future Outlook
By 2034, digital printing is expected to account for more than half of global print volumes in packaging and textiles, driven by:
Automation & AI: Presses will self-optimize color, media handling, and maintenance schedules.
Personalization at Scale: Brands will offer hyper-customized products with batch sizes as low as one, unlocking new business models in retail and direct-to-consumer markets.
Hybrid Production Lines: Integration of digital and traditional printing methods will enable seamless transitions between high-definition short runs and high-volume lithography.
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Market Segmentation
By Printing Type:
Inkjet (leading segment due to superior tonal range)
Laser
By Ink Type:
Aqueous
UV-Cured
Solvent
Latex
Dye Sublimation
Others
By Substrate Type:
Paper
Textile
Plastic Films or Foils
Ceramic
Glass
Others
Regional Insights
Asia Pacific dominated the digital printing market in 2023 and is forecast to maintain its leadership through 2034. China's pivot toward end-to-end digitized value chains and strategic investments-such as Tomato Cloud Technology's order for 10 Fujifilm Jet Press 750S machines in October 2021-have underpinned regional growth. In April 2023, Kyocera's acquisition of NIKKA S.A.S. further underscores Japan's commitment to inkjet innovation. North America and Europe remain important hubs for R&D, particularly in sustainable ink and substrate development.
Why Buy This Report?
Comprehensive Market Analysis: In-depth quantitative and qualitative insights covering 2020-2022 historical data, 2024-2034 forecasts, Porter's Five Forces, value chain assessment, and SWOT analysis.
Competitive Landscape: Detailed profiles of leading players, product portfolios, strategic initiatives, market share breakdowns, and financial comparisons.
Actionable Segmentation: Granular analysis by printing type, ink, substrate, and region to inform targeted investment and expansion strategies.
Excel & PDF Formats: Ready-to-use data tables in Excel for custom modeling, alongside an executive-ready PDF report.
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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