DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Digital Printing Packaging Market by Packaging Technology (Thermal Transfer, Electrophotography & Electrostatic, Inkjet), Packaging Type (Labels, Flexible Packaging), Ink Type, Printing Format, Application, and Region - Global Forecast to 2026" report to their offering.
The global market for digital printing packaging is projected to grow from USD 10.15 billion in 2015 to reach USD 42.11 billion by 2026, at an estimated CAGR of 13.9%
The digital printing packaging market is driven by factors such as growing demand for sustainable printing, increasing demand for flexible packaging, cost effectiveness, and reduced packaging waste. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the digital printing packaging market. Emerging markets, such as the Asia-Pacific region, have contributed to an increase in the application of digital printing in packaging products. Digital printing packaging not being suitable for heavy items is the strongest restraint for the industry.
Labels are high-quality, colored, custom digital stickers that are used for branding products. Digitally printed labels can be produced on various label materials such as paper and film. Labels can be used for displaying sequential barcodes and numbering, variable text, titles, or graphics and add substantial value to the product. Some other benefits of digital labels include availability of vibrant colors, reduced packaging costs, and reduced turnaround time.
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe. In Asia-Pacific, China is the largest consumer for digital printing packaging, followed by Japan. China, with its growing food & beverage and healthcare industries, is expected to drive the digital printing packaging market. Japan, with its growing inclination toward convenient products, is expected to impact the digital printing packaging market in the Asia-Pacific region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Digital Printing Packaging Market, By Printing Ink
7 Digital Printing Packaging Market, By Printing Technology
8 Digital Printing Packaging, By Format
9 Digital Printing Packaging Market, By Packaging Type
10 Digital Printing Packaging Market, By End-Use Industry
11 Digital Printing Packaging Market, By Region
12 Competitive Landscape
13 Company Profiles
- E.I. Du Pont Nemours And Company
- Eastman Kodak Co.
- HP Inc.
- Mondi Plc
- Quad/Graphics, Inc.
- Quantum Print And Packaging Ltd.
- Traco Manufacturing, Inc.
- Ws Packaging Group, Inc.
- Xeikon N.V.
- Xerox Corporation
For more information about this report visit http://www.researchandmarkets.com/research/j8kw8n/digital_printing