1. Business

Digital Printing Market is projected to reach US$ 39.7 Billion by 2028 Globally, at a CAGR of 6.5%

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IMARC Group has recently released a new research study “Digital printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of Digital printing market?

The global digital printing market size reached US$ 27.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 39.7 Billion on by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What is the Digital printing Market?

Digital printing is a modern method of printing electronic files from a desktop or other digital storage device. It prints digital-based images directly onto multiple media substrates such as synthetics, canvas, fabric, cardstocks, and photos. These files can also be converted into varying types of documents, such as portable document files (PDF) and JIP. It is simple, versatile, eco-friendly, cost-effective, durable, and flexible, offers high quality, provides improved accuracy and customization, and requires minimal operational space and time. Owing to these benefits, digital printing is widely utilized for high-resolution printing patterns and customized marketing materials across the globe.

Request For Sample Report: https://www.imarcgroup.com/digital-printing-market/requestsample

What are the major market drivers in a Digital printing market?

The market is primarily driven by the rising adoption of digital printing in the textile industry due to the surging need for ultraviolet (UV) radiations cured ink, high-quality graphics, detail, and clarity printing machines. In addition, the expanding packaging industry and the escalating demand for labels, metal packaging, cartons, and corrugated and flexible packaging, is contributing to the market growth. Moreover, various technological advancements, such as the introduction of the internet of things (IoT), artificial intelligence (AI), and machine learning (ML), represent another major growth-inducing factor.

Besides this, the growing environmental awareness regarding conventional printing technologies such as solid ink and offset printing is encouraging key players to launch advanced digital printing solutions, including mild solvents and less-harmful chemicals, which is providing a positive thrust to the market growth. Furthermore, strategic collaborations amongst leading market players and the increasing utilization of digital printing in clothing, automobiles, e-commerce, soft-signage, media, and advertisements industries to produce promotional wears, banners, and flags, are also creating a favorable market outlook across the globe.

Who Are The Major Key Players in Digital Printing Market?

Amcor plc, Avery Dennison Corporation, Canon Inc., DIC Corporation, DS Smith plc, Durst Group AG, Inca Digital Printers Ltd. (Agfa-Gevaert Group), Konica Minolta Inc., Multi-Color Corporation, Ricoh Company Ltd., Seiko Epson Corporation, Walsworth Publishing Company, Xeikon B.V. (Flint Group) and Xerox Corporation.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

  • Inkjet
  • Laser

Breakup by Ink Type:

  • Aqueous Ink
  • UV-Cured Ink
  • Solvent Ink
  • Latex Ink
  • Dye Sublimation Ink

Breakup by Application:

  • Plastic Film or Foil
  • Fabric
  • Glass
  • Paper/Books
  • Ceramic
  • Others

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask An Analyst: https://www.imarcgroup.com/request?type=report&id=5988&flag=C

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 |

Africa and Europe :- +44-702-409-7331 |

Asia: +91-120-433-0800, +91-120-433-0800

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