Article -> Article Details
Title | Digital Printing Market |
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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. Get free sample report @ https://www.marketresearchfuture.com/sample_request/10622 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 |