Digital Printing Market Analysis, Industry Trends, Share and Forecast 2023-2028
How Big is the Digital Printing Market?
As per the latest report by IMARC Group, the global digital printing market size reached US$
27.1 Billion in 2022. It is expected to reach US$
39.7 Billion by 2028 and exhibit a growth rate (CAGR) of 6.5% during 2023-2028.
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 advancements in
digital print quality and speed, are stimulating market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by
Type:
· Inkjet
· Laser
Breakup by
Ink Type:
· Aqueous
Ink
· UV-Cured
Ink
· Solvent
Ink
· Latex
Ink
·
Dye Sublimation Ink
Breakup by
Application:
· Plastic
Film or Foil
· Fabric
· Glass
· Paper/Books
· Ceramic
Others
Breakup 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
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the companies operating in the market.
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 B.V. (Flint Group) and Xerox Corporation.
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