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Digital Printing Packaging: A Leading Driver Behind Digital Printing Packaging Market Set To Flourish With Rising Demand In Cosmetics And Personal Care Sector Market Expansion in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Digital Printing Packaging Industry Market Size Be by 2025?
The digital printing packaging market has grown significantly in recent years. It is forecasted to expand from $26.61 billion in 2024 to $28.85 billion in 2025, with a CAGR of 8.4%. The past growth can be attributed to demand for customization, short-run printing, e-commerce and D2C brand expansion, brand differentiation needs, and faster time-to-market requirements.
What's the Long-Term Growth Forecast for the Digital Printing Packaging Market Size Through 2029?
The market for digital printing packaging is projected to witness significant growth in the upcoming years, reaching $43.09 billion by 2029 with a compound annual growth rate (CAGR) of 10.6%. This anticipated growth during the forecast period is largely due to the growing implementation of sustainable packaging methods, increased usage in the food and beverages sector, surging need for variable data printing, and the worldwide shift towards a circular economy. The forecast period will also see key trends such as improvements in ink and printing technologies, the introduction of smart packaging with tracking and tracing features, digital labels for verifying product authenticity, the use of 3D printing in packaging, and the broadening scope of digital printing in flexible packaging.
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What Are the Key Growth Drivers Fueling the Digital Printing Packaging Market Expansion?
The surge in the demand for cosmetics and personal care products is anticipated to propel the growth of the digital printing packaging market. Products used on the human body for cleaning, enhancing its appearance or any other modifications fall under cosmetics and personal care. Digital printing proves beneficial to these manufacturers, providing them with the means to promote not only the brand but the product as well. This approach enables them to employ more profitable design printing on the product, maximizing their reach to the targeted audience while offering a quicker return compared to traditional methods. For example, based on a report by a Maryland government agency, the National Library of Medicine, 51% of female participants in a 2023 study were introduced to skincare products via social media. Notably, the visual presentation influenced their trust in the information about cosmetics and skincare products as reported by 91.3% of these women. Consequently, this escalating demand for cosmetics and personal care products fuels the growth of the digital printing packaging market.
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What Are the Key Trends Driving Digital Printing Packaging Market Growth?
The growing prominence of technological innovations is a prominent trend in the digital printing packaging markets. Big corporations in the digital printing and packaging sectors are creating cutting-edge technologies to solidify their market hold. As an example, Comexi Group, a Spain-based firm that manufactures and distributes flexible packaging solutions, brought Digiflex, a digital printing technology device, to market in October 2022. This device is tailored for flexible packaging and label converters to print variable data on products for marking purposes, with quick printing rates, superb quality results, and high production and performance. The machine minimizes the set-up time, has a peak speed of 220 m/min, reduces waste material, and shortens the lead time. Each printed code is potentially unique, providing traceable material details and customization based on user requirements.
How Is the Digital Printing Packaging Market Segmented?
The digital printing packaging market covered in this report is segmented -
1) By Packaging Type: Corrugated Packaging, Folding Cartons, Flexible Packaging, Labels, Other Packaging Types
2) By Printing Inks: Solvent-based, UV-based, Aqueous, Other Printing Inks
3) By Printing Technology: Thermal Transfer Printing, Inkjet Printing, Electrophotography And Electrostatic Printing, Other Printing Technologies
4) By Format: Full Color Printing, Variable Data Printing, Large Format Printing, Other Formats
5) By End-User Industry: Food And Beverages, Pharmaceuticals, Electronics, Personal Care And Cosmetics, Other End-user Industries
Subsegments:
1) By Corrugated Packaging: Single Wall, Double Wall, Triple Wall
2) By Folding Cartons: Straight Tuck End, Reverse Tuck End, Seal End
3) By Flexible Packaging: Pouches, Films, Bags
4) By Labels: Pressure-Sensitive Labels, Shrink Sleeves, In-Mold Labels
4) By Other Packaging Types: Rigid Boxes, Blister Packs
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Which Companies Are Leading the Charge in Digital Printing Packaging Market Innovation?
Major companies operating in the digital printing packaging market include Canon Inc., Hewlett-Packard Development Company L.P., Fujifilm Holdings Corporation, Amcor Limited, DuPont de Nemours Inc., DS Smith plc., Dover Corporation, Huhtamaki Oyj, CCL Industries Inc., Barry-Wehmiller Companies Inc., Flint Group, Heidelberger Druckmaschinen AG, Mondi plc., Agfa-Gevaert N.V., Constantia Flexibles Group GmbH, Bobst Group SA, Electronics For Imaging Inc., Konica Minolta Inc., Koenig & Bauer AG, Eastman Kodak Company, Coveris Holdings S.A., Komori Corporation, INX International Ink Co., Mimaki Engineering Co. Ltd., Esko-Graphics BVBA, Mutoh Holdings Co. Ltd., Durst Group, Edwards Label, Landa Corporation, EC Labels Ltd
Which Regions Are Leading the Global Digital Printing Packaging Market in Revenue?
Asia-Pacific was the largest region in the digital printing packaging market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the digital printing packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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