Global Digital Printing Market
In 2022, the global Digital Printing Market was valued at USD 26,75 billion and is expected to increase at a CAGR 6.6% over the forecast period.
Digital printing is an advanced printing method that prints digital files or images directly on a wide range of substrates, including paper, plastics, fabrics, and other materials. Digital printing is a modern printing process that eliminates the use of printing plates, unlike traditional methods such as letterpress or lithography.
Inkjet, toner-based, and direct-to fabric printing are all types of digital print technologies. Inkjet printing is the process of spraying tiny droplets onto a substrate in order to create an image. Toner printing is a method that uses electrostatic charge to transfer the toner particles to the substrate. These toners are then fused using heat. Direct-to garment printing is a method of printing directly on fabrics using specialized inkjets. Digital printing is a great alternative to traditional printing. The ability to print high-quality prints that reproduce colors accurately and with fine detail is one of the biggest advantages. Digital printing also offers a more cost-effective solution for small print runs as it does not require expensive printing plates, or set up costs. In addition, digital printing allows printing on demand, reducing the need for waste and inventory. Digital printing can be used for a number of different applications including packaging, signage and textiles. In recent years, the use of digital printing for label printing has become more popular, as it allows labels to be customized and personalized for various products. Overall, digital print is a cost-effective and versatile process. It offers high-quality printing and customization options. The use of digital print is expected to increase in popularity over the next few years, thanks to the advancement in technology.
Personalization and customization: The digital printing process allows businesses to customize and personalize printed materials. This allows them to create unique marketing materials and products that are appealing to specific customers or audiences. In today’s market consumers want more personalized experiences.
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Market Segment
By Component
Electrophotography
Inkjet
By Application
Book
Commercial Printing
Packaging
Labels
Corrugated Packaging
o Cartons
Flexible Packaging
Rigid Plastic Packaging
Metal Packaging
Geographical Location
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
o Italy
Spain
Russia
Asia-Pacific
Japan
China
India
Australia
South Korea
ASEAN
Latin America
o Brazil
Argentina
Colombia
MEA
South Africa
o Saudi Arabia
UAE
Egypt
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Key Players
HP Inc.
Canon Inc.
Xerox Corporation
Epson America Inc.
Ricoh Company, Ltd.
Konica Minolta Inc.
Agfa Group
Durst Phototechnik AG
Mimaki Engineering Co., Ltd.
Mutoh Holdings Co. Ltd.
Roland DG Corporation
EFI, Inc.
Fujifilm Holdings Corporation
Heidelberg Printing Machinery AG
Kodak Alaris Inc.
Seiko Epson Corporation
Toshiba Tec Corporation
Xeikon N.V.
Inca Digital Printers Ltd.
Durst Group
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Regional Analysis
North America: North America’s digital printing market is driven by a number of key players, and the demand for customized and personalized products. This region has many large-scale printing companies, and is a leading producer of digital software and printing equipment. Packaging is one of North America’s major industries that drives demand for digital print.
Europe: The European market for digital printing is driven by high-quality prints, and the need for sustainable printing. Digital printing is a major technology in the region’s packaging and label industries. In Europe, the growing trend toward short print runs and printing on demand is also driving growth in the digital printing industry.
Asia Pacific: Asia Pacific is expected to have the fastest growing market for digital print, due to the rapid growth of e-commerce and the demand for personalized products. In the Asia Pacific region, small and medium businesses are adopting digital technology to meet their printing requirements. Digital printing is a popular method of printing in the packaging and textile industries.
Latin America: Latin America’s digital printing market is driven primarily by the demand for packaging products and labels, as well as a need for sustainable printing solutions. In the region there are many small and medium sized businesses that use digital printing for their printing.
Middle East and Africa (MEA): The Middle East & Africa digital printing industry is driven by the demand for printed packaging and the need for sustainable printing solutions. The digital printing market in the Middle East and Africa is expected to grow significantly over the next five years due to the increased adoption of the technology.
The following are some key points:
Define, describe, and forecast Digital Printing products market by type of product, application, end users, and region.
Analyze the external environment of your enterprise and perform a PEST analysis.
Offer strategies to help companies deal with COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Market entry strategy analysis is provided for new players and players who are ready and willing to enter the market. This includes market segmentation, client analysis and distribution model.
Stay up to date with the latest international market trends. Provide an analysis of COVID-19’s impact on major world regions.
Market leaders should be provided with information about the competitive landscape and the opportunities available to them by analysing the market.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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