Digital Printing Packaging Market
Business Research Company global market reports have been updated with the most current market sizing data for 2023. Forecasts are also provided up to 2032.
According to the Digital Printing Packaging Market Global Report 2023 by Business Research Company, the main driver of the Digital Printing Packaging industry’s growth is the increasing demand for personal care and cosmetics. Cosmetics and Personal Care are products that are used to enhance the appearance of the body, clean it, enhance its appeal, or alter other aspects. Digital printing allows personal care and cosmetics companies to market their brand as well as the product. They can do more profitable design printing to reach the most targeted audience, and they can deliver a faster turnaround than traditional solutions.
The digital packaging market will grow from $22.28 Billion in 2022, to $24.44 Billion in 2023. This represents a 9.7% compound annual growth (CAGR). The Russia-Ukraine conflict has disrupted global economic recovery after the COVID-19 epidemic. The conflict between Russia and Ukraine has caused economic sanctions to be imposed on many countries. It also led to a rise in commodity prices and disruptions of supply chains, which have affected markets around the world. The digital packaging market size is expected to reach 34,98 billion dollars in 2027 with a CAGR 9.4%.
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Canon Inc. and Hewlett-Packard Development Company L.P. are the major competitors on the Digital Printing Packaging.
The Digital Printing Packaging Market is characterized by technological advances. To strengthen their market position, major companies in the digital packaging and printing markets are developing new technologies. In October 2022 the Comexi Group in Spain, a manufacturer and distributor of flexible packaging solutions, launched Digiflex. This digital printing technology machine. It is designed to allow flexible packaging and labels converters print variable data onto products for marking purposes. The machine offers fast printing speeds and excellent quality results, as well as high performance and production.
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The Digital Printing Packaging Market is segmented.
• By Packaging Type: Corrugated Packaging, Folding Cartons, Flexible Packaging, Labels, Other Packaging Types
• By Printing Inks: Solvent-based, UV-based, Aqueous, Other Printing Inks
• By Printing Technology: Thermal Transfer Printing, Inkjet Printing, Electrophotography And Electrostatic Printing, Other Printing Technologies
• By Format: Full Color Printing, Variable Data Printing, Large Format Printing, Other Formats
• By End-User Industry: Food And Beverages, Pharmaceuticals, Electronics, Personal Care And Cosmetics, Other End-user Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific is the biggest region in the Digital Printing Packaging industry.
Business Research Company’s “Global Digital Printing Packaging Market Report 2023/” provides a comprehensive understanding of the market in 60 different geographies. The report includes market size, growth rates, segments, driving forces and trends for every country and region. The report also provides insights into historical and projected growth to help players better analyze and strategize.
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The digital packaging market table of content includes:
1. Executive Summary
2. Characteristics of the digital printing packaging market
3. Market Trends and Strategies for Digital Printing Packaging
4. Digital Printing Packaging Market – Macro Economic Scenario
5. Global Digital Printing Packaging Market Size and Growth from 2017 to 2022 (Value in Billion Dollars)
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32. Global Digital Printing Packaging Market Competitive Benchmarking
33. Global Digital Printing Packaging Market Competitive Dashboard
34. Digital Printing Packaging Market Mergers and acquisitions: Key players
35. Future Outlook for Digital Printing Packaging Market Analysis
36. Appendix
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