Digital Printing Market Synopsis
Digital Printing Market Size is Valued at USD 31.20 Billion in 2024, and is Projected to Reach USD 52.43 Billion by 2032, Growing at a CAGR of 6.70% From 2024-2032.
Digital Printing Industry is defined as the process where digital data is printed directly onto diverse blankets of materials like paper, cloth, plastic, and ceramic, and so on. It uses inkjet, laser, thermal or other categories of printers and various kinds of ink such as aqueous, solvent, UV-curable or latex ink. It is used in printing and packaging, clothing and graphic, public notices, and retail industry, automotive, medical, and many others. The market is expanding due to the development of new products in the digital area, the need for the unique printing of board and unreasonably high demand for environmentally friendly solutions compared to conventional solutions.
- The several driving forces that are attributed to the market for digital printing are stated below. First of all, the improved technologies like inkjet and laser have increased the quality, velocity and effectiveness of digital printing and therefore has increased the flexibility of digital printing for a number of applications. The industry has hence shifted towards more use of such techniques in industries such as the packaging, textiles, and advertising industries where customization, short print runs, and faster turnaround time is necessary.
- Secondly, the preference of society to get more ecological-friendly solutions, including for printing, has driven the digital printing market. Digital printing in many ways costs less than the more conventional methods such as offset printing in terms of the number of resources used. However, the adaptability of digital printing to differentiate between various types of media and the ability to print different data on each label are responsible for its increasing usage in persona and as per requirement printing. These factors together are driving the digital printing market worldwide, and it will have a greater market in the future due to advanced technology also due to awareness of customers regarding customization and eco-friendly products.
Digital Printing Market Trend Analysis
Evolving Landscape of Digital Printing, Trends and Market Analysis
- Currently, the market of digital printing is rapidly growing due to the development of technology, as well as the constantly growing requirements for the use of variable data printing in different fields. Some of the trends includes the use of UV-curable and eco-solvent inks that enhance the quality of prints, the durability and are eco-friendly. Furthermore, digital printing gradually replaces the offset printing processes because of the short time to finish the job on demand and the cost of short-run printing and the capability of on-demand customization.
- Another interesting trend is digital printing that is combined with automation and smart technologies, the foreign intervention in the printing process. Some of the industries like packaging, textile, and advertisement especially those that operate with versatile natures of the substrates and the high-quality printed images with vivid colours are embracing the use of digital prints. In the future due to changes in digital print technologies especially with inkjet and laser print the market is expected to grow in the future due increasing market areas of application such as signage, labels, and consumer goods.
The Rise of Digital Printing, Opportunities and Trends
- The overall market of digital printing is great and holds ample potential due to growth in technology and various application areas. Currently, rising functionalities like higher resolution, higher speeds, and compatibility with various substrate type are also enlarging the market size. Such a change makes it possible to print and tailor services depending on their usage in packaging, advertisement, textiles or decorations among others.
- Also, micro and burst printing and other forms of print-on-demand also contribute to this shift. A number of organizations have incorporated digital printing particularly because of its versatility, it’s cheap to print small quantities of products than it is to print large quantities, not forgetting the fact that there is little or no setup cost as is the case with other forms of printing. This trend is especially noticeable in industries where it is necessary to produce designs more frequently, or create individual items, for instance, trade, advertisement, and schooling.
- On the same note, publications that meet ecological concepts such as lower wastage and energy usage as contrasted to analogue printing are being upheld by worldwide sustainable development objectives and are boosting the demand for digital printing. Due to constant technology development and increasing market recognition, the digital printing industry is still a promising market in global market fields.
Digital Printing Market Segment Analysis:
Digital Printing Market Segmented on the basis of Technology type, Ink Type, and end-users.
By Technology Type, Inkjet Printing segment is expected to dominate the market during the forecast period
- Digital printing is effectively divided into groups of technologies which include Ink jet, Laser, Thermal and other technologies; Ink jet is the most adaptable technology for printing requirements which is used to print high quality images on various types of media; Laser printing is fast and accurate printing technology particularly in the office related use; Thermal printing is superbly rigid printing technology mostly used in labels, receipts and other applications, and other technologies that encompass and include the new improved and unique
By Ink Type, Aqueous Ink segment held the largest share in 2024
- It is divided by the types of ink such as aqueous ink that provides a rich quality colour while friendly to the environment, solvent ink which is famous for its versatility when it comes to the types of substrates it can be used on and UV-curable ink that prints quickly and is resistant to fading and lastly, the latex ink which makes the prints flexible and is environmentally friendly as it does not have an Odor. Combined, these ink types meet needs deemed distinct in various industries hence promoting the progress and utilization of digital printing categories.
Digital Printing Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia Pacific digital printing market is growing at a fast pace and this is due to increasing industrialization, growth of disposable income, and due to the booming manufacturing industry in the Asia Pacific. China, Japan, South Korea and India are the key players in the market expansion because of the increasing technology and the higher demand from the textile, packing, and advertising areas and many other fields. Especially in China, the trend of urbanization and infrastructure construction is pulling the demand in signage, décor and commercial printing fields using new digital printing technologies. Likewise, the market for India and South Asian countries, such as Indonesia, Malaysia, and Singapore, are growing due to the emergence of e-commerce and increasing digitals ad spendings.
- Furthermore, the Asia Pacific region sustains manufacturing development and a transition to digital transformation in conventional industries, which in turn, is boosting the use of digital printing technologies. Innovations in terms of value definition, process technology, and cost structure are the main factors to shape the growth of the market across various segments: fashion and home textiles, packaging and publishing industries. With the advancements of the digital printing technologies and their increasing availability, Asia Pacific holds good potential of being one of the strong growth regions in the global digital printing market.
Active Key Players in the Digital Printing Market
- HP Inc. (USA)
- Canon Inc. (Japan)
- Epson Corporation (Japan)
- Xerox Corporation (USA)
- Konica Minolta, Inc. (Japan)
- Ricoh Company, Ltd. (Japan)
- EFI (Electronics for Imaging, Inc.) (USA)
- Agfa-Gevaert Group (Belgium)
- Durst Group (Italy)
- Mimaki Engineering Co., Ltd. (Japan)
- Other Key Players
Global Digital Printing Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2024: |
USD 31.20 Bn. |
Forecast Period 2024-32 CAGR: |
6.70 % |
Market Size in 2032: |
USD 52.43 Bn. |
Segments Covered: |
By Technology Type |
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Ink Type |
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End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Digital Printing Market by Type
4.1 Digital Printing Market Snapshot and Growth Engine
4.2 Digital Printing Market Overview
4.3 Cookie and Cracker
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Cookie and Cracker: Geographic Segmentation Analysis
4.4 Dry pasta
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Dry pasta: Geographic Segmentation Analysis
4.5 Dough
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Dough: Geographic Segmentation Analysis
4.6 Flour Mixes Manufacturing
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Flour Mixes Manufacturing: Geographic Segmentation Analysis
4.7 Tortilla Manufacturing
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Tortilla Manufacturing: Geographic Segmentation Analysis
4.8 Other
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 Other: Geographic Segmentation Analysis
Chapter 5: Digital Printing Market by Application
5.1 Digital Printing Market Snapshot and Growth Engine
5.2 Digital Printing Market Overview
5.3 Food
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Food: Geographic Segmentation Analysis
5.4 Snacks
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Snacks: Geographic Segmentation Analysis
5.5 Intermediate Products
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Intermediate Products: Geographic Segmentation Analysis
5.6 Other
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Other: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Digital Printing Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 HP INC
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 CANON INC
6.4 EPSON CORPORATION
6.5 XEROX CORPORATION
6.6 KONICA MINOLTA INC
6.7 RICOH COMPANY LTD
6.8 EFI (ELECTRONICS FOR IMAGING INC)
6.9 AGFA-GEVAERT GROUP
6.10 DURST GROUP
6.11 MIMAKI ENGINEERING CO LTD
6.12 OTHER KEY PLAYERS
Chapter 7: Global Digital Printing Market By Region
7.1 Overview
7.2. North America Digital Printing Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Cookie and Cracker
7.2.4.2 Dry pasta
7.2.4.3 Dough
7.2.4.4 Flour Mixes Manufacturing
7.2.4.5 Tortilla Manufacturing
7.2.4.6 Other
7.2.5 Historic and Forecasted Market Size By Application
7.2.5.1 Food
7.2.5.2 Snacks
7.2.5.3 Intermediate Products
7.2.5.4 Other
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Digital Printing Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Cookie and Cracker
7.3.4.2 Dry pasta
7.3.4.3 Dough
7.3.4.4 Flour Mixes Manufacturing
7.3.4.5 Tortilla Manufacturing
7.3.4.6 Other
7.3.5 Historic and Forecasted Market Size By Application
7.3.5.1 Food
7.3.5.2 Snacks
7.3.5.3 Intermediate Products
7.3.5.4 Other
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Digital Printing Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Cookie and Cracker
7.4.4.2 Dry pasta
7.4.4.3 Dough
7.4.4.4 Flour Mixes Manufacturing
7.4.4.5 Tortilla Manufacturing
7.4.4.6 Other
7.4.5 Historic and Forecasted Market Size By Application
7.4.5.1 Food
7.4.5.2 Snacks
7.4.5.3 Intermediate Products
7.4.5.4 Other
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Digital Printing Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Cookie and Cracker
7.5.4.2 Dry pasta
7.5.4.3 Dough
7.5.4.4 Flour Mixes Manufacturing
7.5.4.5 Tortilla Manufacturing
7.5.4.6 Other
7.5.5 Historic and Forecasted Market Size By Application
7.5.5.1 Food
7.5.5.2 Snacks
7.5.5.3 Intermediate Products
7.5.5.4 Other
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Digital Printing Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Cookie and Cracker
7.6.4.2 Dry pasta
7.6.4.3 Dough
7.6.4.4 Flour Mixes Manufacturing
7.6.4.5 Tortilla Manufacturing
7.6.4.6 Other
7.6.5 Historic and Forecasted Market Size By Application
7.6.5.1 Food
7.6.5.2 Snacks
7.6.5.3 Intermediate Products
7.6.5.4 Other
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Digital Printing Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Cookie and Cracker
7.7.4.2 Dry pasta
7.7.4.3 Dough
7.7.4.4 Flour Mixes Manufacturing
7.7.4.5 Tortilla Manufacturing
7.7.4.6 Other
7.7.5 Historic and Forecasted Market Size By Application
7.7.5.1 Food
7.7.5.2 Snacks
7.7.5.3 Intermediate Products
7.7.5.4 Other
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Global Digital Printing Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2024: |
USD 31.20 Bn. |
Forecast Period 2024-32 CAGR: |
6.70 % |
Market Size in 2032: |
USD 52.43 Bn. |
Segments Covered: |
By Technology Type |
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Ink Type |
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End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Digital Printing Market research report is 2024-2032.
HP Inc. (USA), Canon Inc. (Japan), Epson Corporation (Japan), Xerox Corporation (USA), Konica Minolta, Inc. (Japan), Ricoh Company, Ltd. (Japan), EFI (Electronics for Imaging, Inc.) (USA), Agfa-Gevaert Group (Belgium), Durst Group (Italy), Mimaki Engineering Co., Ltd. (Japan).
The Digital Printing Market is segmented into by Technology Type (Inkjet Printing, Laser Printing, Thermal Printing, Others), Ink Type (Aqueous Ink, Solvent Ink, UV-curable Ink, Latex Ink), End-User (Retail, Automotive, Healthcare, Hospitality, Education, Entertainment, Others). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Digital Printing Industry is defined as the process where digital data is printed directly onto diverse blankets of materials like paper, cloth, plastic, and ceramic, and so on. It uses inkjet, laser, thermal or other categories of printers and various kinds of ink such as aqueous, solvent, UV-curable or latex ink. It is used in printing and packaging, clothing and graphic, public notices, and retail industry, automotive, medical, and many others. The market is expanding due to the development of new products in the digital area, the need for the unique printing of board and unreasonably high demand for environmentally friendly solutions compared to conventional solutions.
Digital Printing Market Size is Valued at USD 31.20 Billion in 2024, and is Projected to Reach USD 52.43 Billion by 2032, Growing at a CAGR of 6.70% From 2024-2032.