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Market Size – USD 25.20 Billion in 2021, Market Growth – at a CAGR of 7.4%, Market Trends – Rising Popularity of Digital Printing due to its Speed
VANCOUVER, BRITISH COLUMBIA, CANADA, June 20, 2023/EINPresswire.com/ — The Digital Printing market size reached USD 25.20 Billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to the latest analysis by Emergen Research. The market is growing due to the increasing use of digital printing for packaging. The global market is also benefiting from the increasing demand for digital print in the textile industry. This method of printing has many advantages, including the ability to make adjustments quickly during production. Contrary to shutdowns lasting a whole day, it is possible to swap out new labels or features in minutes. This flexibility is great for accommodating changes or swaps of resources in the last minute. Labeling can be done digitally, allowing for variable data input, such as labeling information that is extracted from a file rather than a database. This allows for a significant speed-up in label production, as plates are not required to produce each set of labels. Now, all the printer needs to do is verify that the current database matches the required one to complete the task. The flexibility of this strategy allows it to be used for projects that require a short turnaround time.
The digital printing industry is a market that involves the printing of digital designs or images directly onto surfaces using computer controlled printing equipment. The printing industry has been revolutionized by this technology, which offers faster, more flexible and cost-effective solutions than traditional printing methods.
Digital printing is a great alternative to traditional printing plates as it does not use printing plates and transfers images directly from digital files onto the substrate. It allows for rapid customization, variable data and on-demand capabilities. This makes it ideal for personalized applications such as marketing material, packaging, labels and textiles.
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The study provides valuable insights on each aspect of the market, along with the fast-growing and rapidly changing segments. The report will provide information about the transition and growth of these new players. The report includes information on mergers, acquisitions and agreements as well as product launches and joint ventures.
The report lists the following as the leading players in each market:
Avery Dennison Corporation. Hewlett-Packard Development Company L.P., Seiko Epson Corporation. Ricoh Company. Inca Digital Printers Limited. Smurfit Kappa PLC. Roland DG Corporation. Westrock Company. Amcor PLC.
Global Digital Printing Market Report Target Audience:
Key Market Participants
Investors
Venture capitalists
Small, medium and large businesses
Third-party Knowledge Providers
Value-Added Resells (VARs).
Global market suppliers, producers, distributors and traders
Research organizations, consultancy companies, and other alliances interested in the field
Government agencies, independent regulatory bodies, and policymakers
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Major Geographical Areas Analyzed by the Report
North America (U.S., Canada)
Europe (U.K. Italy, Germany France Rest of EU
Asia Pacific (India, Japan China South Korea Australia Rest of APAC
Latin America (Chile Brazil Argentina Rest of Latin America
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segments of the Digital Printing Market
The market has been segmented by Types, Regions and Applications. The growth of every segment gives accurate forecasts for production and sales, by Types and Applications. This analysis will help readers expand their businesses by targeting niche and emerging markets. Global and regional data are provided on market share. The report covers North America, Europe and Asia Pacific. It also includes Middle East Africa, Latin America and Middle East Africa. The report includes a competitive analysis of each company and a market position assessment by the research analysts. The report segments the market for Digital Printing by region, product and application.
The segments covered in this report include:
Ink Outlook (Revenue, USD Billion; 2019–2030)
Aqueous
Solvent
UV-Cured
Latex
Dye Sublimation
Other
Print Head Outlook (Revenue, USD Billion; 2019–2030)
Inkjet
Thermal Inkjet
Piezo Inkjet
Electrostatic Inkjet
Micro-Electro Mechanical System Inkjet
Lasers
Application Outlook (Revenue, USD Billion; 2019–2030)
Books
Commercial Printing
Texting
Packaging
Labels
Corrugated Packaging
Cartons
Flexible Packaging
Metal Packaging
Other
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The Report Highlights
Due to the fact that UV-cured inks can be used to their full capacity, which lowers costs overall, the segment is expected grow steadily throughout the forecast period.
The laser segment will grow rapidly. Laser printers print the fastest compared to other printers. These printers do not produce noise and the toner does not fade like ink.
Packaging is expected to grow at a significant rate. Digital printing is cost-effective for packaging because it can be used to print smaller quantities of packaging materials or artwork.
A number of key players are expected to increase their promotional and product launch activities in various countries in Asia Pacific.
Report provides further information
The report also provides a detailed analysis of the various market trends, both at regional and global level.
The report provides a detailed analysis of the global Digital Printing Market size and share by major geographical regions.
It provides a detailed market forecast, a cost analysis and an analysis of micro- and macroeconomic indicators.
The company profiles of key players on the market are also described in detail.
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