Enhancing Packaging Creativity with Digital Printing - PowerPoint PPT Presentation

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Enhancing Packaging Creativity with Digital Printing

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The Digital Printing Packaging Market is surging with innovation. Key trends include personalized packaging, eco-friendly inks, and shorter print runs, meeting evolving consumer demands. – PowerPoint PPT presentation

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Title: Enhancing Packaging Creativity with Digital Printing


1
Digital Printing Packaging Market Trends, Top
Manufactures, Share, Industry Growth Analysis
and Forecast
Digital Printing Packaging Market Scope The
digital printing packaging market is a rapidly
growing industry that uses digital printing
technology to produce packaging materials such as
labels, cartons, and bags. This technology
allows for greater flexibility and customization
of packaging designs and can also reduce costs
and turnaround times compared to traditional
printing methods. Some key players in the digital
printing packaging market include HP, Fujifilm,
and Kodak. The market is expected to continue to
grow in the coming years, driven by factors such
as increasing demand for sustainable packaging
solutions and advancements in digital printing
technology. According to the new market research
report Digital Printing Packaging Market by
Printing Inks (Solvent-based, UV-based, Aqueous),
Printing Technology, Format, Packaging Type
(Corrugated, Folding cartons, Flexible
Packaging, Labels), End-use Industry and Region -
Global Forecast to 2027, published by
MarketsandMarkets, the global digital printing
packaging market size is projected to grow from
USD 29.4 billion in 2022 to USD 45.1 billion by
2027, at a CAGR of 8.9 from 2022 to 2027. The
growth of the digital printing packaging market
is attributed to incorporation of digital
printing into different packaging media, such as
corrugated boxes, cartons, bags, metal, cans,
tags, and labels. Digital printing on packaging
mediums provides a variety of benefits, such as
photo-realistic illustrations, aesthetic appeal,
and better communicability, and also plays a role
in the marketing, promotional, and
distributional activities of end-products. In
2020, the digital printing packaging market was
significantly impacted by the COVID- 19
pandemic, with a substantial decline in its CAGR.
However, recovery was witnessed with a positive
impact on the digital printing packaging market
because of demand in the construction sector in
2021. Download PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp ?id249244591
2
  • Browse in-depth TOC on Digital Printing
    Packaging Market
  • 613 Tables
  • 50 Figures
  • 396 Pages
  • View Detailed Table of Content
  • Here https//www.marketsandmarkets.com/Market-Rep
    orts/digital- printing-packaging-market-249244591
    .html
  • Major solution providers in Digital Printing
    Packaging Market includes
  • Huhtamaki (Finland),
  • Constantia Flexibles (Austria),
  • Quad/Graphics, Inc. (US),
  • THIMM The Highpack Group (Germany),
  • Printpack (US),
  • DS Smith (UK),
  • Smurfit Kappa (Ireland),
  • Krones AG (Germany),

3
  • Digital Printing Packaging Market Segmentation
  • On the basis of printing inks
  • Solvent-based
  • UV-based
  • Aqueous
  • Others
  • UV-based printing ink is the fastest growing
    market
  • UV-based inks are cured by exposure to strong UV
    light. These inks are pure solid systems and do
    not contain solvents. The lack of solvents offers
    environmental benefits, high speed, and faster
    turnaround time. The curing process takes place
    through the interaction of the ink ingredients
    and a strong UV light source in a dryer. They
    can be rapidly cured, thereby increasing the
    print speed and saving production time. UV-based
    inks include colorants in dye or pigment form.
    These inks can be applied to a wide range of
    uncoated substrates and produce a very clear
    image with excellent color value. Owing to the
    high density, UV-based inks are capable of being
    printed on rigid substrates. This has increased
    the usage of UV-based inks for printing on
    POS/POP, wood, metal, glass, and other such
    substrates.
  • The demand for these inks is lower compared to
    water-based inks, as they are expensive, require
    expensive curing modules in the printer, and the
    cured ink has a significant volume, resulting in
    slight relief on the surface. The major
    drawbacks of UV-based inks are that they cannot
    be used on all substrates and cannot be printed
    on dark substrates and are susceptible to
    cracking when applied on flexible substrates.
    The most common type of UV-based ink used in
  • digital printing is composed mainly of monomer
    and oligomer acrylate resins, along with
    photoinitiators.
  • UV-based inks are a 100 solid system and do not
    contain solvents. They do not emit any VOCs as
    they are devoid of solvents. Hence, using this
    type of ink helps lower the environmental impact
    and achieve an excellent color value. The major
    disadvantage of UV-based ink is that it cannot be
    used on all substrates and cannot be printed on
    dark substrates. UV-based inks are suitable for
    food packaging labels only when it is fully
    cured.

4
  • On the basis of format
  • Full color printing
  • Variable data printing
  • Large format printing
  • Others
  • On the basis of packaging type
  • Corrugated
  • Folding cartons
  • Flexible packaging
  • Labels
  • Others
  • Labels segment to be the largest packaging type
    in digital printing packaging market
  • Labels are high-quality, colored, custom digital
    stickers 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
    benefits of digital labels include availability
    of vibrant colors, reduced packaging costs, and
    reduced turnaround time.

5
  • As digital printing offers high print quality,
    color assortment, and print-on- demand facility,
    its demand in packaging is expected to increase.
    Digital printing packaging is estimated to
    experience high demand from the food beverage
    industry, mainly because of the growing demand
    for packaged and branded products.
  • On the basis of region
  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • South America
  • Request Sample
  • Pages https//www.marketsandmarkets.com/requestsa
    mpleNew.asp?i d249244591
  • North America is the second-largest market for
    digital printing packaging
  • The North American market comprises the US,
    Canada, and Mexico. The US accounted for the
    largest share of the digital printing packaging
    market in North America in 2021 in terms of
    value. The market in this region is majorly
    driven by technological advancements in the
    packaging industry. Demand for digital printing
    packaging is expected to be driven by factors
    such as increasing sales of consumer durables,
    high disposable income, increasing demand for
    packaged foods, and demographic changes.
  • The presence of major cosmetics markets along
    with strong growth in various parts of the
    region are expected to drive the market for
    digital printing packaging. The significant
    demand for natural and organic cosmetic products
    along with increased per capita spending on
    beauty and personal care products increases the
    demand for digital printing packaging in the
    region. Rising
  • competition and manufacturers efforts in
    developing sustainable packaging

6
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