According to a new market report by Lucintel the future of the digital printing packaging market looks promising with opportunities in the food & beverage, pharmaceutical and healthcare, household & cosmetic product, and other (automotive and electronics) end use industries. The digital printing packaging market is expected to grow with a CAGR of 14% from 2019 to 2024. The major growth driver for this market is the increasing demand for sustainable printing and flexible packaging.
In this market, corrugated, folding cartons, flexible packaging, and labels are the major packaging type. Label is the largest packaging type.
Within the digital printing packaging market, food & beverage, pharmaceuticals and healthcare, household & cosmetic products, and others (automotive and electronic industry) are the major end use industries.
Solvent-based, UV-based, aqueous, and others (latex and dye sublimation inks) are the major printing ink used in the digital printing packaging market.
Asia Pacific is expected to remain the largest market over the forecast period due to rapid growth in the manufacturing sector as well as increase in disposable income among individuals with changing lifestyle.
HP Inc., E.I. Du Pont Nemours and Company, Xerox Corporation, Mondi PLC, Quad/Graphis, Inc., Eastman Kodak Co., Xeikon N.V., Quantum Print and Packaging Ltd., WS Packaging Group, Inc., and Traco Manufacturing Inc. are among the major manufacturers of digital printing packaging.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the digital printing packaging market by printing ink, printing technology, format, packaging type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled " Digital Printing Packaging Market 2019-2024: trends, forecast, and opportunity analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the digital printing packaging market by packaging type, printing ink, printing technology, format, end use industry, and region as follows:
By Packaging Type [$M shipment analysis for 2013 – 2024]:
• Corrugated
• Folding cartons
• Flexible packaging
• Labels
• Others (rigid packaging and metal packaging)
By Printing Ink [$M shipment analysis for 2013 – 2024]:
• Solvent-based
• UV-based
• Aqueous
• Others (latex and dye sublimation inks)
By Printing Technology [$M shipment analysis for 2013 – 2024]:
• Thermal transfer printing
• Inkjet printing
• Electrophotography & electrostatic printing
• Others (direct thermal printing, toner-based printing systems ionography, and magnetography)
By Format [$M shipment analysis for 2013 – 2024]:
• Full color printing
• Variable data printing
• Large format printing
• Others (print on demand and dimensional printing)
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Food & beverage
• Pharmaceuticals and healthcare
• Household & cosmetic products
• Others (automotive and electronic industries)
By Region [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o India
o South Korea
• ROW
o Middle East & Africa
o South America
More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1.What are some of the most promising potential, high-growth opportunities for the digital printing packaging market by packaging type (corrugated, folding cartons, flexible packaging, labels, and others), printing inks (solvent-based, UV-based, aqueous, and others), printing technology (thermal transfer printing, inkjet printing, electrophotography & electrostatic printing, and others), format (full color printing, variable data printing, large format printing, and others), end use industry (food & beverage, pharmaceuticals and healthcare, household & cosmetic products, and others), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the digital printing packaging market?
Q.5.What are the business risks and threats to the digital printing packaging market?
Q.6.What are emerging trends in the digital printing packaging market and the reasons behind them?
Q.7.What are some changing demands of customers in the digital printing packaging market?
Q.8.What are the new developments in the digital printing packaging market? Which companies are leading these developments?
Q.9.Who are the major players in the digital printing packaging market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the digital printing packaging market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities took place in the last five years in the digital printing packaging market?