$38.7 Billion Worldwide Digital Printing Industry to 2027 - Featuring Amcor, Canon, DIC and Konica Minolta Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Digital Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

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, exhibiting a CAGR of 7.43% during 2021-2027.

Companies Mentioned

• Amcor plc
• Avery Dennison Corporation
• Canon Inc.
• DIC Corporation
• DS Smith plc
• Durst Group AG
• Inca Digital Printers Ltd. (Agfa-Gevaert Group)
• Konica Minolta Inc.
• Multi-Color Corporation
• Ricoh Company Ltd.
• Seiko Epson Corporation
• Walsworth Publishing Company
• Xeikon B.V. (Flint Group)
• Xerox Corporation

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Digital printing refers to a modern technique of printing digital-based images directly onto multiple media substrates, including photo, canvas, synthetics, and cardstocks. These files can be converted in a variety of formats, such as portable document file (PDF) and JIP.

As compared to traditional analog printing processes, digital printing does not require printing plates and offers enhanced accuracy, flexibility, durability, and cost-effectiveness, while requiring minimal operational spaces. On account of these properties, it is extensively used for printing high-resolution fine patterns and customized marketing materials. At present, digital printing is commercially available in varying types, such as inkjet and laser.

The widespread adoption of digital printing solutions across the textile and packaging sectors is attributed due to the increasing requirement for ultraviolet (UV) radiations cured ink, high-quality graphics, detail, and clarity printing machines with reduced operational costs.

This, in turn, represents the key factor primarily driving the market toward growth. Additionally, the extensive utilization of digital printing in clothing, automobiles, e-commerce, soft-signage, media, and advertisements applications for producing promotional wears, banners, flags, labels, and aesthetically appealing product packaging is acting as another growth-inducing factor.

Furthermore, the shifting inclination of manufacturers toward digital printing over conventional printing methods for excluding various pre-press stages between files and final goods and inhibiting wastage is contributing to the market growth. This, along with the escalating environmental concerns amongst consumers have facilitated the usage of sustainable printing techniques.

Apart from this, strategic collaborations amongst key players, along with the fueling investments in the research and development (R&D) activities for introducing novel inks and dyes, such as LATEX and dye sublimation, are creating a positive outlook for the market.

Key Questions Answered in This Report:

• How has the global digital printing market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global digital printing market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the ink type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global digital printing market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

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 Breakup by Type

7 Market Breakup by Ink Type

8 Market Breakup by Application

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

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