The global digital printing packaging market size was valued at USD 28.50 in 2022. The industry is expected to expand from USD 30.78 billion in 2023 to USD 54.35 billion by 2030, exhibiting a CAGR of 8.46% over the study period.

Digital printing packaging is a technique in which the digital file is directly transferred to a printer for applications on different packaging materials. The market expansion can be ascribed to the substantial demand for sustainable printing. The printing industry is being encouraged to adopt digital printing methods for packaging owing to the growing demand from government bodies and consumers to have a more sustainable economy.

Fortune Business Insights™ provides this information in its research report, titled “Digital Printing Packaging Market, 2023-2030”.

Source:

https://www.fortunebusinessinsights.com/digital-printing-packaging-market-105240

Segmentation:

Performance Benefits Provided by Inkjet Printing to Augment Segment Growth

By technology, the market is classified into electrophotography printing, thermal transfer printing, inkjet printing, and others. The inkjet printing segment registers the largest share. Numerous cost and performance benefits, such as short turnaround times, automated color management, and on-demand printing as compared to electrophotography or flexography processes are offered by inkjet technology.

Report Coverage:

The significant strategic initiatives deployed by leading players to outshine the competition have been mentioned in the report. In addition, it provides a comprehensive coverage of the major driving and restraining factors affecting the market growth. Additional aspects of the report include the latest trends, key industry developments, and the impact of the COVID-19 pandemic on the market growth.

Drivers and Restraints:

Consistent Developments in Digital Printing Technologies to Impel Market Growth

The digital printing packaging market growth is driven by consistent advancement in digital printing technologies. Digital printing is being preferred by packaging converters and brand owners owing to many improvements in equipment and technological innovations.

Regional Insights:

North America Secures the Largest Share Due to Consistent Increase in Innovations

North America digital printing packaging market captures the largest share owing to the consistent growth in innovations by manufacturers.

Europe market for digital printing packaging is the second-largest region and is anticipated to grow rapidly in the forthcoming years due to the expanding personal care & cosmetics sector.