Digital Printing Packaging Market - Greater Printing Efficiency and Low Machinery Cost is Expected to Lead to Market Growth – Growing at a Compound Annual Growth Rate (CAGR) 8.8% from 2022 to 2028

Digital Printing Packaging
  • Digital Printing Packaging Market

As stated in our extensive report; the Global Digital Printing Packaging Market accounted for USD 19.7 Billion in the year 2021. Digital Printing adoption is becoming fast as the next go-to technology attributed to the various benefits it offers. It has become high due to accessibility of production flexibility, fast marketing time, and a greater degree of personalization. On the other side, the ability to integrate digital presses has been a most welcoming development. This development drives demand for a wide range of consumer goods in the e-commerce industry. In addition, packaging businesses are seeing more business opportunities as retailers look for reliable packaging solutions.

Digital Printing is a more sophisticated method than conventional printing. Traditional printing technology includes techniques like lithography and flexography. Digital printing does not require replacing printing plates as traditional printing requires. Therefore, it has a greater printing efficiency and low machinery cost. Digital printing requires a computer for printing purposes that is equipped with software and a printing machine. Printing on the product's packaging is a significant factor for any business firm as it is the first thing that attracts the customers to buy more.

The information and details on the packaging must be accurate and visible to the customer to get the correct information about the product. Nowadays, digital printing technology offers excellent quality printing on packaging, and it is used across many industries. Many manufacturers use detailed labeling, various packaging techniques, recyclable material, and different colors for advertising their products. In case the quality of the packaging is premium, then it indicates that the product must be of high standards, which is very important to create and maintain the brand image.

Asia Pacificholds the largest share of the Digital Printing Packaging Market in 2021. This growth is primarily attributed to the region's growing local demand for ready-to-eat and convenience food goods, a more extensive working population, and an improving global economy.

Notable and prominent players in the GlobalDigital Printing Packaging Marketinclude-Xeikon N.V., WS Packaging Group Inc, Xerox Corporation, Mondi PLC, Eastman Kodak Co., Traco Manufacturing Inc., Dupont, Quad/Graphics Inc., Quantum Print & Packaging Ltd., HP Inc and others.