The Digital Printing Packaging Global Market Report 2023, provides comprehensive information on the digital printing packaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global digital printing packaging market size is expected to grow from $22.28 billion in 2022 to $24.44 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of digital printing packaging market is expected to reach $34.98 billion in 2027 at a CAGR of 9.4%.
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Technological advancements have emerged as the key trend gaining popularity in the digital printing packaging markets. Major companies operating in the digital printing and packaging markets are developing innovative technologies to strengthen their position in the market. For instance, in October 2022, Comexi Group, a Spain-based manufacturer and distributor of machinery solutions for the flexible packaging market, launched Digiflex, a digital printing technology machine. This is designed for flexible packaging and label converters to print variable data on products for marking applications that provide fast printing speeds, excellent quality outcomes, and high performance and production. The machine has a shorter set-up time, a maximum speed of 220 m/min, less material waste, and a shorter lead time. Each printed code is potentially unique and contains unique information, offering traceable material information and personalizing items based on the user’s needs.
The digital printing packaging market 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
Asia-Pacific was the largest region in the digital printing packaging market in 2022.
The table of contents in TBRC’s digital printing packaging market report includes:
- Executive Summary
- Digital Printing Packaging Market Characteristics
- Digital Printing Packaging Market Trends And Strategies
- Digital Printing Packaging Market – Macro Economic Scenario
- Digital Printing Packaging Market Segmentation
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- Global Digital Printing Packaging Market Competitive Benchmarking
- Global Digital Printing Packaging Market Competitive Dashboard
- Key Mergers And Acquisitions In The Digital Printing Packaging Market
- Digital Printing Packaging Market Future Outlook and Potential Analysis
- Appendix
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