The global digital printing market size reached US$ 25.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 38.75 Billion by 2027 exhibiting a growth rate (CAGR) of 7.20% during 2022-2027.
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.
Digital printing represents a modern technique of printing digital-based images onto various media substrates, such as photo, canvas, synthetics, and cardstocks. It is commercially available in numerous types, such as inkjet and laser. Digitally printed files can be converted into a variety of formats, including portable document format (PDF). When compared to traditional analog printing processes, digital printing does not require the need for printing plates and offers expanded accuracy, flexibility, durability, and cost-effectiveness while requiring minimal operational spaces. As a result, it is extensively used for printing high-resolution fine patterns and customized marketing materials.
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The widespread adoption of these printing solutions in textile and packaging applications, owing to the increasing demand for ultraviolet (UV) radiation-cured ink, high-quality graphics, and clarity printing machines with low operational costs, is primarily driving the digital printing market.
In addition to this, the inflating need for digital printing in the automotive, e-commerce, and media sectors for producing promotional wears, banners, flags, labels, aesthetically appealing product packaging, etc., is acting as another significant growth-inducing factor. Furthermore, the shifting preferences among manufacturers toward digital printing over conventional printing methods to reduce the requirement for pre-press stages and inhibit wastage are also bolstering the market growth.
Besides this, the escalating environmental concerns among consumers are propelling the usage of sustainable printing techniques. Moreover, the introduction of novel inks and dyes, such as LATEX and dye sublimation, is anticipated to fuel the digital printing market over the forecasted period.
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)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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The major players in the market are 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
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- WOT 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.
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