Market Research Report
Digital Printing Packaging - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||652648|
|Published||Content info||187 Pages
Delivery time: 1-2 business days
|Digital Printing Packaging - Global Market Outlook (2017-2026)|
|Published: April 1, 2018||Content info: 187 Pages||
According to Stratistics MRC, the Global Digital Printing Packaging Market is accounted for $12.17 billion in 2017 and is expected to reach $43.50 billion by 2026 growing at a CAGR of 15.2% during the forecast period. Growing demand for sustainable printing, cost effectiveness, increasing demand for plastic packaging are some of the key factors boosting the market growth. However, fluctuations in the prices of raw materials, compliance with inflexible regulations and high manufacturing cost are hampering the market growth. In addition emerging economies offers significant expansion opportunities for the market growth.
The digital printing for packaging is specifically introduced to attract customers. The method includes printing digital images or text on the manufactured goods packaging. Digital printing design is introduced for packaging point of purchase, graphic arts, commercial printing, specialty printing, building wraps, and so on. Digital printing for packaging compare to traditional printing which reduce prepress preliminary period. This graphics are directly taken from the automated file and transferred into printing equipment. Digital printing for packaging is more easy and saving time relatively. The printing process is used to make personalization and single products viewpoint. The price of digital printing and offset printing varies to some extent.
By end user, the food & beverages segment is projected to grow at a higher rate due to the high demand for food packaging and the rising trend in variable data printing on food packages to correspond the shelf-life, composition, and nutritional value of the product. By Geography, the Asia-Pacific region expected to grow at significant rate as the major consumers are intended for digital printing packaging and have an increasing demand for food & beverage and healthcare industries.
Some of the key players in Digital Printing Packaging Anglia Labels, Cenveo, Colordruck Baiersbron, Creative Labels Inc., DS Smith Plc, E.I. Du Pont Nemours and Company, Eastman Kodak Co., EC Labels, Edwards Label, Elanders, Flint.
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.