The market for digital printing is expected to grow rapidly, with a predicted worth of $80,572.2 million by 2031 and a consistent compound annual growth rate (CAGR) of 7.5% from 2021 to 2031. The market’s growth can be attributed to a number of factors, including the rising demand for digital printing across a variety of industries, the increasing importance placed on improved product presentability, cost savings, increased productivity, and technological and novel material advancements.
Numerous industries, including packaging, advertising, textiles, and labels, have adopted Digital Printing Market on a large scale. The need for digital printing solutions has grown as a result of the capacity to produce high-quality prints with faster turnaround times. Additionally, digital printing allows for customization and customisation, enabling businesses to meet the tastes and needs of each unique customer. Because of its scalability and flexibility, digital printing is a desirable option for many different purposes.
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One of the main factors influencing the adoption of digital printing is improved product presentability. The visual attractiveness of printed products has been greatly improved by the use of digital printing to produce vivid colours, sophisticated designs, and fine details. This has grown essential in fields like packaging and advertising, where customer attraction relies heavily on aesthetics and visual impact. Digital printing is also more popular since it does not require conventional printing plates, which reduces setup times, waste, and costs.
Technology development has been crucial to the expansion of the digital printing industry. Print quality, productivity, and efficiency have all increased because to advancements in printing technologies like inkjet and laser. Furthermore, the introduction of novel materials, such as environmentally friendly and sustainable alternatives, has increased the potential applications for digital printing. These developments have given companies new ways to use digital printing technologies, which is fueling the expansion of the market on a global scale.
Highlighted with 83 tables and 95 figures, this 195-page report “Global Digital Printing Market 2021-2031 by Component (Printers, Ink, Printhead), Technology (Inkjet, Electrophotography), Substrate (Paper, Plastics, Textile, Glass), Application (Books, Commercial Printing, Packaging), Industry Vertical (Food & Beverage, Electronics, Healthcare, Personal Care), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global digital printing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global digital printing market in every aspect of the classification from perspectives of Component, Technology, Substrate, Application, Industry Vertical, and Region.
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Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Digital Printers
- Ink
o Aqueous
o Solvent
o UV-curable
o Dye Sublimation
o Latex
o Other Ink Types
- Printhead
o Inkjet
o Laser
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Inkjet Technology
- Electrophotography
By Substrate, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Paper
- Plastic Films & Foils
- Textile & Fabric
- Glass
- Ceramic
- Other Substates
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Books
- Commercial Printing
- Packaging
o Labels
o Corrugated Packaging
o Cartons
o Flexible Packaging
o Rigid Plastic Packaging
o Metal Packaging
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Food & Beverage
- Electronics
- Healthcare
- Personal Care
- Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Technology, Substrate and Application over the forecast years are also included.
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Amcor PLC
ARC Document Solutions LLC
Avery Dennison Corporation
Brother Industries, Ltd.
Canon Inc.
Core Publishing Solutions
CPI Corporate
DIC Corporation
DS Smith PLC
Durst Phototechnik Ag
Electronics for Imaging, Inc.
Epson Co., Ltd.
Hewlett-Packard Development Company
Inca Digital Printers Limited
IronMark Inc.
Konica Minolta
Mimaki Engineering Co., Ltd.
Mondi PLC
Multi Color Corporation
Oki Electric Industry
Printronix
Quad/Graphics
Ricoh Company Ltd.
Roland DG Corporation
Sakata INX Co., Ltd.
Samsung Electronics
Sato America
Seiko Epson Corporation
Toshiba Group
Toyo Ink SC Holdings Co.
Walsworth
Xeikon NV
Xerox Corporation
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