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Title Digital Printing Market
Category Business --> Advertising and Marketing
Meta Keywords Digital Printing Market
Owner MRFR
Description

Digital Printing Market Trend Outlook, Deployment Type and Business Opportunities

Digital Printing Market Analysis

Digital Printing Market Size was valued at USD 25.34 billion in 2021. The Digital Printing industry is projected to grow from USD 27.32 billion in 2022 to USD 47.15 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.1% during the forecast period (2022 - 2030).

Increasing Demand for Sustainable Printing

The demand for digital printing is experiencing rapid growth driven by several factors. Digital printing technology offers numerous advantages over traditional printing methods, including shorter turnaround times, cost-effectiveness for short print runs, customization capabilities, and variable data printing. These benefits make digital printing particularly attractive to industries such as advertising, packaging, textiles, and publishing. In the advertising sector, digital printing enables quick production of high-quality signage, banners, and promotional materials with vibrant colors and intricate designs. In the packaging industry, digital printing allows for personalized packaging solutions and enables brands to engage with consumers on a more intimate level. Moreover, the rise of e-commerce has fueled demand for digitally printed packaging to create memorable unboxing experiences. In textiles, digital printing offers the flexibility to produce on-demand and customized apparel, home textiles, and accessories with minimal waste. Additionally, advancements in digital printing technology, such as improved print quality, faster printing speeds, and expanded substrate compatibility, further drive market growth. As businesses seek to enhance their marketing efforts, improve operational efficiency, and meet the growing demand for customization and personalization, the demand for digital printing solutions is expected to continue expanding, driving innovation and investment in the digital printing market.

The Global Market to Witness Growth Post COVID-19 Pandemic

COVID-19 has had an extraordinary influence on the global economy, particularly the digital printing business, since the WHO declared it a pandemic in January 2020. In the instance of the pandemic lockdown, there was an insufficient understanding of the pandemic's spread, which delayed the deployment of crisis management response in most countries.

Concurrently, the disruption of physical materials and the supply chain posed issues in textiles, paper & newspapers, apparel, and other industries that are among the main end users of the digital printing market. Furthermore, the digital printing industry's problems were exacerbated by constraints on people's movement, which increased the need for advertisers

Digital Printing Market Segmentation

The global digital printing market has been segmented into ink, technology, and substrate.

By ink, the global digital printing market has been segmented into Aqueous, Solvent, UV Cured, Latex, and Dye Sublimation. 

By technology, the global digital printing market has been segmented into Laser and Inkjet.

By substrate, the global digital printing market has been divided into plastic film, release liner, glass, textile, and paper. 

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Digital Printing Market Key Players

Hewlett-Packard Development Company, L.P. (US), Canon, Inc. (Japan), Ricoh Company, Ltd. (Japan), Roland DG Corporation (Japan), Xerox Corporation (US), Seiko Epson Corporation (Japan), Durst Phototechnik AG (Germany), Electronics For Imaging, INC.(US), and Inca Digital Printers Limited (UK)

Browse Complete Report @ https://www.marketresearchfuture.com/reports/digital-printing-market-10622