Press release
Digital‐Printing Packaging Market Set to Nearly Double from USD 21.9 Bn in 2023 to USD 45.98 Bn by 2030 at 11.19 % CAGR
Digital Printing Packaging Market
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United States Growth
The U.S. digital‐printing packaging market is experiencing robust growth thanks to escalating demand from food & beverage and personal care industries. Domestic market size is expected to reach approximately USD 9.7 billion by 2030.
Trends & Opportunity: Rapid e-commerce expansion and brand differentiation drive short-run and label-based digital printing.
Consolidation: R.R. Donnelley finalized its acquisition of Vericast's digital-print and marketing businesses in July 2024, reinforcing its packaging portfolio.
Europe Opportunity
Europe is rapidly closing in with high CAGR rates, propelled by organized retail and sustainability initiatives.
Trends: Inkjet-driven label and flexible-packaging segments are thriving, supported by EU eco‐packaging mandates.
Consolidation: Flint Group acquired Xeikon in 2015, expanding digital-press capabilities. In 2023, Europe saw Ardagh Metal Packaging acquire digital can-printing specialist NOMOQ, enabling artful, short-run beverage can designs.
Asia-Pacific Trends
APAC dominates global market share (~largest share in packaging printing) and exhibits fastest growth.
Market Size & CAGR: Surging urbanization, rising F&B and pharma production drive a double-digit CAGR.
M&A & Consolidation: HP and Kodak entered strategic APAC partnerships-HP launched inkjet press for flexible packaging (Jan 2023); Kodak expanded regional reach in June 2023.
Middle East & Africa Consolidation
MEA market is rapidly embracing digital printing for e-commerce, cosmetics, and food-packaging.
Trends: High-value flexible packaging for luxury goods and perishables is on the rise.
Consolidation: HP Inc. teamed with Smurfit Kappa to develop eco-friendly digital corrugated packaging; Xeikon partnered with Avery Dennison for advanced label-print products.
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Key Recent Developments
HP launched cutting-edge high-speed inkjet press for flexible and corrugated packaging in Jan 2023.
Xeikon released a sustainable-material specialist press for flexible packaging in Oct 2023.
Ardagh Metal Packaging's acquisition of NOMOQ in Mar 2023 uplifts Europe's digital can-print capabilities.
Digital Printing Packaging Market Segmentation:
by Packaging Type
Labels
Flexible Packaging
Others
The labels sector is positively driving the growth of the global digital printing packaging market based on packaging type. The global digital printing packaging market is expanding due to the growing demand for labels that can display sequential barcodes and numbering, variable text, titles, graphics, and provide significant value to the product.
by Technology
Inkjet
Electrophotography
Others
by Printing Format
Large Format Printing
Full Color Printing
Variable Data Printing
Others
by Printing Inks
Solvent-based
UV-based
Dye sublimation inks
Others
by Application
Boxes
Cans
Bottles
Others
by End User
Food & Beverages
Personal Care
Pharmaceuticals
Electronics Goods
Others
As the food and beverage industry continues to grow globally, the end-user segment is anticipated to drive the need for digital printing packaging throughout the projected period. Additionally, rising per capita income and customer preference for packaged and branded food items are driving the global expansion of the digital printing packaging market.
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Digital Printing Packaging Market Key Players:
1.WS Packaging Group, Inc.
2.Xerox Corporation.
3.Mondi
4.Xeikon.
5.Quantum Packaging Store
6.Eastman Kodak Company.
7.TRACO.
8.HP Inc.
9.DuPont
10.Quad/Graphics, Inc.
11.Labels in Motion
12.Reel Appeal
13.Anglia Labels
14.Cenveo Corporation
15.SCREEN Holdings Co., Ltd.
16.EC Labels Ltd.
17.Edwards Label, Inc.
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