DUBLIN–(BUSINESS WIRE)–The report “Digital Printing Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global digital printing market size reached US$25.21 billion in 2021. Looking forward, the publisher expects the market to reach US$38.75 billion by 2027 , posting a CAGR of 7.43% in 2021-2027.
Avery Dennison Company
DS Smith plc
Durst Group SA
Inca Digital Printers Ltd. (Agfa-Gevaert Group)
Konica Minolta Inc.
Ricoh Company Ltd.
Seiko Epson Corporation
Walsworth Publishing Company
Xeikon BV (Flint Group)
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.
Digital printing refers to a modern technique of printing digital images directly onto multiple media including photo, canvas, synthetics, and cardstocks. These files can be converted to a variety of formats, such as Portable Document File (PDF) and JIP.
Compared to traditional analog printing processes, digital printing does not require printing plates and offers increased accuracy, flexibility, durability and cost-effectiveness, while requiring minimal operational space. Due to these properties, it is widely used for printing high resolution fine designs and personalized marketing materials. At present, digital printing is commercially available in different types, such as inkjet and laser.
The widespread adoption of digital printing solutions in the textile and packaging industries is attributed to the growing need for ultraviolet (UV) cured inks, high quality graphics, details and printing machinery clarity with reduced operating costs.
This, in turn, represents the key factor that mainly pushes the market towards growth. Additionally, the extensive use of digital printing in apparel, automotive, e-commerce, soft signage, media and advertising applications for the production of promotional apparel, banners, flags, Labels and aesthetic product packaging acts as another growth factor. .
Also, the changing inclination of manufacturers towards digital printing over conventional printing methods to exclude various prepress steps between files and final products and prevent wastage is helping the market grow. This, along with growing consumer environmental concerns, has facilitated the use of sustainable printing techniques.
Apart from this, the strategic collaborations between the major players, as well as the investments in research and development (R&D) activities for the introduction of new inks and dyes, such as LATEX and dye sublimation, create a positive outlook. for the market.
Answers to key questions in this report:
How has the global digital printing market behaved so far and how will it behave in the years to come?
What has been the impact of COVID-19 on the global digital printing market?
What are the main regional markets?
What is the market breakdown by type?
What is the market breakdown by type of ink?
What is the market breakdown by application?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global digital printing market and who are the main players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global digital printing market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Type
7 Market Breakdown by Ink Type
8 Market Breakdown by Application
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/13plve