IMARC Group, a leading market research company, has recently released a report titled “Digital Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global digital printing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest developments in the market.
How big is the digital printing market?
The global digital printing market size reached US$ 27.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
What is digital printing?
Digital printing is an advanced technology that involves printing an image directly onto paper, canvas, fabric, and other printable materials. It encompasses professional, large-format, and high-volume laser and inkjet printers. It eliminates the need for a printing plate and saves time and money. It allows for a high level of customization and quick changes to the design without slowing down the production process. It also offers superior quality, which makes it suitable for professional presentations and high-impact marketing materials. It is widely used in marketing and advertising for printing brochures, flyers, business cards, and other promotional items.
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What are the growth prospects and trends in the digital printing industry?
The increasing use of high-quality, large-format digital prints in outdoor advertising and event marketing represents one of the key factors propelling market growth. Additionally, rapid urbanization and the increasing need for corporate branding are leading to the rising demand for high-quality printed materials, favoring digital printing.
Apart from this, the growing trend of moving from mass production to customization in the textile and fashion industry is positively influencing the market. Furthermore, the surge in self-publishing and the need for small, targeted print runs are driving the demand for print-on-demand services.
Moreover, continuous improvements in printing technology, including advances in digital print quality and speed, are stimulating market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
Breakup by Ink Type:
- Aqueous Ink
- UV-Cured Ink
- Solvent Ink
- Latex Ink
- Dye Sublimation Ink
Breakup by Application:
- Plastic Film or Foil
Market Breakdown by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Amcor plc, Avery Dennison Corporation, Canon Inc., DIC Corporation, DS Smith plc, Durst Group AG, Inca Digital Printers Ltd. (Agfa-Gevaert Group), Konica Minolta Inc., Multi-Color Corporation, Ricoh Company Ltd., Seiko Epson Corporation, Walsworth Publishing Company, Xeikon BV (Flint Group) and Xerox Corporation.
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