Growth in the packaging printing industry, demand for aesthetic appeal, product differentiation, and technological advancements are some of the drivers of the digital printing packaging market. Rising demand for variable data printing is an opportunity for the digital packaging printing market.
New York, July 11. 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Digital Printing Packaging Market by Printing Inks, Printing Technology, Format, Packaging Type, End-use Industry and Region – Global Forecast to 2027” – https:// www.reportlinker.com/p04364896/?utm_source=GNW
There is an increasing demand for economical, sustainable and innovative printing technologies.
Inkjet printing will be the fastest growing printing technology in the digital printing packaging market
The inkjet printing system, also known as binder jet technology, involves the selective deposition of a liquid binder to join the powder particles; the layers of powdered material are bonded to form an object. Inkjet printing does not use heat in the printing process, unlike other technologies where heat can create residual stress in parts.
This system allows the construction of several different parts on a single print bed and prints finer and smoother details thanks to a higher printhead resolution.
The inkjet printing system has been prevalent in the printing market since 1951 and the extensive use of this technology began in the late 1970s. The growth of this technology is attributed to the introduction of a high-speed commercial color inkjet printing system.
Other factors for the increasing adoption of inkjet printers are the low cost of the machine, the ability to produce good quality printing at low maintenance cost, small size and fast printing.
The color printing segment will be the second largest digital printing packaging format during the forecast period.
Color printing uses the four basic ink colors: cyan, magenta, yellow and black, to create different color combinations. These are called process colors.
Color printing increases communication accuracy. It allows the printing of more vivid and complex images with different shades, patterns and color transitions than traditional screen printing and can be used on a variety of surfaces.
Europe will be the third largest market for digital packaging printing
The demand for digitally printed packaging is expected to be supported by the growth of industries such as cosmetics and industrial manufacturing. The digital printing packaging market in Europe is expected to show steady growth over the forecast period owing to increasing spending on consumer packaged goods. and the growth of industrial activities.
The focus on reducing packaging waste and food waste will also drive the market for digital printing packaging as it is cost effective and reduces waste by increasing the shelf life of products.
Due to technological developments in countries such as Germany, UK, Italy, and France, the digital printing packaging market in these countries is expected to grow at a steady rate compared to other European countries.
This study has been validated by primaries conducted with various industry experts around the world. These primary sources have been divided into 3 categories, namely by company, by designation and by region.
• By department – Sales/Marketing – 46.7%, Production – 30%, CXO – 23.3%
• By Designation – Managers – 55.7%, CXO – 23.3%, Executives – 21%
• By region: North America: 30%, Europe: 23%, Asia-Pacific: 27% and Rest of the world: 20%
The digital print packaging market includes leading solution providers, Huhtamaki (Finland), Constantia Flexibles (Austria), Quad/Graphics, Inc. (USA), THIMM The Highpack Group (Germany), Printpack ( USA), DS Smith (UK), Smurfit Kappa (Ireland), Krones AG (Germany), CCL Industries Inc. (Canada) and ePac Holdings, LLC. (United States) among others. The study includes an in-depth competitive analysis of these key Digital Printing Packaging Market players, along with their company profiles and key market strategies.
The report covers the digital printing packaging market based on printing inks (solvent-based, UV-based, aqueous, others), printing technology (thermal transfer printing, jet printing, etc.). printing, electrophotography and electrostatic printing, others), format (color printing, variable data printing, large format printing, others), packaging type (corrugated, folding cartons, flexible packaging, labels, others), packaging industry end use (food and beverage, pharmaceutical and healthcare, household and cosmetic, other) and region. The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the Digital Printing Packaging market.
The report also covers the qualitative aspects in addition to the quantitative aspects of these markets.
Read the full report: https://www.reportlinker.com/p04364896/?utm_source=GNW
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