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Market Size – USD 25.20 Billion in 2021, Market Growth – at a CAGR of 7.4%, Market Trends – Rising Popularity of Digital Printing due to its Speed
VANCOUVER, BRITISH COLUMBIA, CANADA, June 20, 2023/EINPresswire.com/ — The Digital Printing market size reached USD 25.20 Billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to the latest analysis by Emergen Research. Digital printing is becoming more popular in the packaging sector, which is driving market growth. The growing demand for textile digital printing is also beneficial to the growth of the global industry. This method of printing has many advantages, including the ability to make adjustments quickly during production. Instead of a day-long shutdown, you can swap out new labels or features in minutes. This flexibility is great for accommodating last-minute changes in project scope or resources. Digital printing is a great option for labeling because it allows variable input data. For example, unique labeling information can be extracted from a database instead of a single source. The labeling process is significantly accelerated since plates don’t need to be made for every label set. The printer only has to double-check the database to ensure that it is correct for the task. Due to its flexibility, this strategy allows for very quick lead times.
Digital printing is the printing of digital images and designs on various surfaces with computer-controlled equipment. This technology has revolutionized printing by offering faster, flexible, and more cost-effective printing options compared to traditional methods.
Digital printing does not require traditional printing plates because it transfers the image directly onto the substrate using digital files. It allows for rapid customization, variable data and on-demand capabilities. This makes it ideal for personalized applications such as marketing material, packaging, labels and textiles.
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The report provides valuable insight into the various elements of the industry, as well as the segments that are rapidly growing and evolving. The report provides information on the growth and transition of new players in the industry. This report covers mergers, joint ventures, agreements, partnerships, product launches, and acquisitions.
The report highlights the top market players as follows:
Avery Dennison Corporation. Hewlett-Packard Development Company L.P., Seiko Epson Corporation. Ricoh Company. Inca Digital Printers Limited. Smurfit Kappa PLC. Roland DG Corporation. Westrock Company. Amcor PLC.
Global Digital Printing Market Report Target Audience:
Key Market Participants
Investors
Venture capitalists
Small and medium-sized enterprises and large enterprises
Third-party Knowledge Providers
Value-Added Resells (VARs).
Global market suppliers, producers, traders and distributors
Research organizations, consultancy companies, and other alliances interested in the field
Government agencies, independent regulatory bodies, and policymakers
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Major Geographies analyzed in the report:
North America (U.S., Canada)
Europe (U.K. Italy, Germany France Rest of EU
Asia Pacific (Indian, Japan, China and South Korea, Australia and the rest of APAC).
Latin America (Chile Brazil Argentina Rest of Latin America
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation of the Digital Printing Market
This market has been segmented into Types of Products, Applications and Regions. This analysis provides accurate production and sales forecasts by Types and Applications in terms of value and volume for the period 2022 to 2030. This analysis is a great tool for readers who are looking to expand by targeting emerging niche markets. Global and regional data are provided on market share. The report covers North America, Europe and Asia Pacific. It also includes Middle East Africa, Latin America and Middle East Africa. The report includes a competitive analysis of each company and a market position assessment by the research analysts. The report segments the market for Digital Printing by region, product and application.
The segments covered in this report include:
Ink Outlook (Revenue, USD Billion; 2019–2030)
Aqueous
Solvent
UV-Cured
Latex
Dye Sublimation
You can also find out more about Other
Print Head Outlook (Revenue, USD Billion; 2019–2030)
Inkjet
Thermal Inkjet
Piezo Inkjet
Electrostatic Inkjet
Micro-Electro Mechanical System Inkjet
Lasers
Application Outlook (Revenue, USD Billion; 2019–2030)
Book
Commercial Printing
Texting
Packaging
Labels
Corrugated Packaging
Cartons
Flexible Packaging
Metal Packaging
You can also find out more about Other
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The Report Highlights
Due to the fact that UV-cured inks can be used to their full capacity, which lowers costs overall, the segment is expected grow steadily throughout the forecast period.
Lasers are expected grow significantly. Laser printers are the fastest printers. Laser printers produce no noise, and their toner doesn’t fade like ink.
Packaging is expected to grow at a significant rate. Digital printing is cost-effective for packaging because it can be used to print smaller quantities of packaging materials or artwork.
Due to an increasing number of new product launches and promotional campaigns by major players across Asia Pacific, the market is expected to grow significantly.
Report provides further information
The report also provides a detailed analysis of the various market trends, both at regional and global level.
The report provides a detailed analysis of the global Digital Printing Market size and share by major geographical regions.
It is capable of performing a micro-and macro-economic indicator study, as well as a cost analysis.
Further, it provides a detailed profile of each of the major market players.
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