Global Digital Graphic Printing Market Growth, Trends, Forecasts Report 2020-2025 - ResearchAndMarkets.com

DUBLIN--()--The "Digital Graphic Printing Market - Growth, Trends, Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The digital graphic printing market is expected to register a CAGR of about 5.2% during the forecast period (2020-2025)

Presently the digital graphic printing market consolidation is likely to continue as the global print industry ecosystem continues to face digital disruption. The significant erosion of traditional revenue streams, which has driven by hardware commercialization and the transition to digitization, are forcing industry vendors to consider new growth avenues for remaining relevant to businesses.

The personalization via printed products, like flyers and templates, is one of the emerging trends that will drive the market in the coming years. These printed products are a great form of material for individuals and enterprise businesses. The brand-new product design technologies will help the digital graphic print industry to offer customers a personalized experience. The printing vendors that employ devices and offer such solutions will surely have a competitive edge over the competition and account for a larger share of the market. The trend of personalized prints can be offered to a vast consumer base via e-commerce sites. By 2020, it will consider as a huge differentiating factor in increasing sales and business profits.

As the requirement of face masks is rising due to the COVID-19 crisis, the customers of the Asia-pacific countries are moving toward customized printed face masks. Digital graphic printing enables the ability to print any design in less time. Kornit has invested in printing masks with "Kornit NeoPigment" inks, which is also sustainably-made and a significant safe choice for the consumer.

The increasing usage of durable substrates for digital graphic printing in end-use applications, such as banknote printing, which comes under security printing, is also driving the growth of the market.

As a result of the COVID-19 situation, many digital graphic printing players have suffered massive losses, as the trade fairs have been canceled, and many shops are not open due to lockdown situations. Kornit Digital, which is a significant provider of digital printing solutions for commercial printing applications, has provided an update regards to the impact of the COVID-19 on its business operations. The Company is withdrawing Q1 2020 guidance and presently expects Q1 2020 revenues will be 35-45% below the USD 47 million low-end of its previous revenue count.

The significantly high cost of investment in digital graphic printing has been considered as a restraining factor for the growth of the overall market. These costs included the purchase price and installation fees, maintenance and support costs, and the ink and other consumables for the printers.

Key Market Trends

Inkjet Printing Process is Expected to Hold a Significant Share in the Market Over the Forecast Period

The major drivers for the adoption of the inkjet printing process in digital graphic printing applications across industries are low cost, high quality of output, capable of printing fine and smooth details, capable of printing in vivid color, suitable for printing pictures, easy to use, less warm-up time, etc.

Asia Pacific Region is Expected to Grow at a Highest Rate Throughout the Forecast Period

The digital graphic printing market in the Asia Pacific region is anticipated to grow at the highest rate during the forecast period. The region has witnessed significant growth in industrialization over the past few years, which therefore generated ample amounts of opportunities for the vendors to increase their offerings. Countries, like China, Japan, and India, are significant contributors to commercial and advertising prints and include one of the significant numbers of commercial printing partners and marketers. These factors are boosting the growth of the Asia Pacific digital graphic printing market during the forecast period.

Competitive Landscape

The digital graphic printing market is moderately competitive and consists of a significant number of global players. These players hold a considerable share in the market and are aiming to invest in expanding their customer base across the world. These vendors are focusing on new product and digital technology development, strategic alliances, and other organic and inorganic growth strategies to increase their market share during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHT

4.1 Market Overview

4.2 Industry Value Chain Analysis

4.3 Porter's Five Forces Analysis

4.4 Market Drivers

4.5 Market Challenges

5 IMPACT OF COVID-19 ON THE PRINTING INDUSTRY

6 DIGITAL PRINTING MARKET LANDSCAPE

6.1 Digital Printing Demand by Application (Publishing, Graphics, and Packaging)

6.2 Market Overview of Digital Printing Equipment

6.3 Market Overview of Electrophotographic Toners and Inkjet Inks

7 MARKET SEGMENTATION

7.1 Printing Process

7.1.1 Inkjet

7.1.2 Electrophotography

7.2 Application

7.2.1 Advertising Print

7.2.2 Transactional Printing

7.2.3 Security Printing

7.2.4 General Commercial Print

7.3 Geography

8 COMPETITIVE INTELLIGENCE

8.1 Key Vendor Profiles

8.1.1 Giesecke+Devrient Currency Technology GmbH

8.1.2 A1 Security Print Ltd

8.1.3 Xerox Holdings Corporation

8.1.4 Swiss Post Solutions

8.1.5 Post Masters

8.1.6 Azure Communications

8.1.7 Madras Security Printers Pvt. Ltd

8.1.8 Landa Corporation

9 FUTURE OUTLOOK OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/s3oyve

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900