Market Research Report
Digital Printing Market for Packaging - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||641966|
|Published||Content info||167 Pages
Delivery time: 1-2 business days
|Digital Printing Market for Packaging - Global Market Outlook (2017-2026)|
|Published: February 18, 2018||Content info: 167 Pages||
According to Stratistics MRC, the Global Digital Printing Packaging Market is accounted for $13.55 billion in 2017 and is expected to reach $44.99 billion by 2026 growing at a CAGR of 14.26% during the forecast period. Rising demand for flexible packaging, increasing healthcare businesses, surge in convenient packaging, recent advancements in the digital printing technologies and demand for sustainable printing are some of the key driving factors for the market growth. However, variation in the costs of raw materials and huge manufacturing price are hampering the growth of the market. Speculation in R&D activities and major demand from food & beverage industry is proving an opportunity for the market.
Digital printing packaging method consists of printing of digital images or text lying on the product packaging. Digital printing idea is imported during the packaging designed for the development of graphic arts, commercial printing, specialty printing, point of purchase, building wraps, and so on. These graphics are honestly engaged from the computerized file and transferred into printing equipment. Digital printing for packaging is further easy and time saving relatively. This printing process is used to build extra personalization and distinctive products outlook. The, set-up cost of digital printing is less than offset printing whereas unit cost per copy is moderately high as compared to offset printing.
By packaging type, flexible packaging is meant for rising demand for convenience, custom printed packaging, low price, and light weight products. In addition, different vendors are gradually coming up through new innovative biodegradable and sustainable forms of flexible plastic printed packaging materials to expand eco-friendly packaging products.
Based on geography, Asia pacific accounted for largest market volume due to strong increase of the retail sector, favorable monetary conditions in the region, major development of the flexible packaging industry, along with improvement in the food packaging industry.
Some of the key players in Digital Printing Packaging Market include Anglia Labels, Cenveo, SCREEN Holdings, EC Labels, Edwards Label, Kodak, Mondi Group, WS Packaging Group, DuPont, Flint, HP, Xerox, Graphix Labels & Packaging and INX International Ink.
Packaging Types Covered:
Printing Inks Covered:
End Users Covered:
What our report offers:
Note: North America, Europe, Asia pacific, South America and Middle East & Africa tables are represented in above manner.