Global Digital Printing Packaging Market, Size, Share, Key Players and Research Report 2024-2032

Digital Printing Packaging Industry Overview 2024-2032

Summary:

• The global digital printing packaging market size reached USD 22.6 Billion in 2023.
• The market is expected to reach USD 40.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.46% during 2024-2032.
• Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
• Based on the printing inks, the market has been classified into solvent-based, UV-based, and aqueous.
• On the basis of the packaging type, the market has been categorized into corrugated packaging, folding cartons, flexible packaging, labels, and others.
• Based on the format, the market has been segmented into full color printing, variable data printing, large format printing, and others.
• On the basis of the printing technology, the market has been segregated into inkjet printing, electrophotography printing, and others.
• Based on the end user, the market has been segmented into food and beverages, pharmaceuticals, electronics, personal care and cosmetics and others.
• The increasing consumer preference for customization is a primary driver of the digital printing packaging market.
• The digital printing packaging market growth and forecast highlight a significant rise due to advancements in digital printing technologies, and the growing sustainability and environmental considerations across the globe.

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Industry Trends and Drivers:

• Growing Consumer Preference for Customization:

The digital printing packaging market trends reflect an increasing demand for packaging that aligns with consumer preferences for customization and personalization. As consumer experiences become more personalized, companies are turning to digital printing to create unique packaging solutions that appeal to specific demographics. Moreover, digital printing allows for the creation of variable data prints, where each package can feature distinct designs or information, enhancing brand identity and consumer engagement. This shift is expanding the digital printing packaging market share, as more brands leverage digital printing to stand out in a crowded marketplace. Besides, the ability to print customized graphics, logos, and messages quickly and cost-effectively has made digital printing a preferred choice for packaging in sectors such as food, beverages, and cosmetics.

• Advancements in Digital Printing Technologies

The growth of the digital printing packaging market size is largely driven by rapid advancements in digital printing technologies. Additionally, traditional printing methods often need to be improved in terms of design flexibility and speed. In contrast, digital printing allows for high-quality, detailed designs with faster turnaround times. It also supports on-demand production, which reduces waste and inventory costs. As these technologies improve, the capabilities of digital printing expand, providing packaging solutions that are more cost-effective and environmentally friendly. These innovations have been key in meeting the digital printing packaging demand, especially in industries requiring shorter production runs and quicker delivery times. Businesses can now produce smaller batches with customized packaging, addressing the growing need for personalized products in the market.

• Increasing Sustainability and Environmental Considerations:

The increasing demand for sustainable packaging solutions is influencing market growth. Additionally, digital printing produces less waste compared to traditional methods, as it eliminates the need for plates and excessive materials. This environmental advantage is especially attractive to companies looking to reduce their carbon footprint and appeal to environmentally conscious consumers. The digital printing packaging demand for eco-friendly solutions continues to rise, as digital printing allows for more efficient use of resources and reduces packaging waste. The shift toward sustainability is expected to further enhance the digital printing packaging market share as industries across the globe embrace these environmentally friendly alternatives.

Digital Printing Packaging Market Report Segmentation:

Breakup By Printing Inks:

• Solvent-based
• UV-based
• Aqueous

Based on the printing inks, the market has been classified into solvent-based, UV-based, and aqueous.

Breakup By Packaging Type:

• Corrugated Packaging
• Folding Cartons
• Flexible Packaging
• Labels
• Others

On the basis of the packaging type, the market has been categorized into corrugated packaging, folding cartons, flexible packaging, labels, and others.

Breakup By Format:

• Full Color Printing
• Variable Data Printing
• Large Format Printing
• Others

Based on the format, the market has been segmented into full color printing, variable data printing, large format printing, and others.

Breakup By Printing Technology:

• Inkjet Printing
• Electrophotography Printing
• Others

On the basis of printing technology, the market has been segregated into inkjet printing, electrophotography printing, and others.

Breakup By End User:

• Food and Beverages
• Pharmaceuticals
• Electronics
• Personal Care and Cosmetics
• Others

Based on the end user, the market has been segmented into food and beverages, pharmaceuticals, electronics, personal care and cosmetics and others.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

Top Digital Printing Packaging Market Leaders:

The digital printing packaging market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

DS Smith plc, Eastman Kodak Company, EC Labels Ltd., Edwards Label, Hewlett-Packard Development Company L.P., INX International Ink Co. (Sakata Inx Corporation), Mondi plc, Quad, Thimm Holding Gmbh & Co. Kg, Traco Manufacturing Inc., Xeikon B.V. (Flint Group), Xerox Holdings Corporation

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