Digital Printing Packaging Market worth 42.11 Billion USD by 2026

The report "Digital Printing Packaging Market by Packaging Technology (Thermal Transfer, Electrophotography & Electrostatic, Inkjet), Packaging Type (Labels, Flexible Packaging), Ink Type, Printing Format, Application, and Region - Global Forecast to 2026", The digital printing packaging market size is projected to grow from USD 11.42 Billion in 2016 to reach USD 42.11 Billion by 2026, at a CAGR of 13.9%

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Browse 113 market data tables and 53 figures spread through 174 pages and in-depth TOC on “Digital Printing Packaging Market by Packaging Technology (Thermal Transfer, Electrophotography & Electrostatic, Inkjet), Packaging Type (Labels, Flexible Packaging), Ink Type, Printing Format, Application, and Region - Global Forecast to 2026”

Asia-Pacific projected to account for the largest share in the digital printing packaging market in 2021

Asia-Pacific, with emerging economies such as China and India, is expected to drive the digital printing packaging market. China is projected to account for the largest market share and dominate the Asia-Pacific digital printing packaging market in 2021. The growing healthcare and food & beverage industries are likely to drive the demand for digital printing packaging in China. In addition to this, the country’s large consumer base, overall positive economic environment, and increase in manufacturing activities will drive demand in the packaging industry.

Based on Printing Inks, the market has been segmented as follows:

• Solvent- based
• UV-based
• Aqueous
• Others (latex and dye sublimation inks.)

Based on Printing Technology, the market has been segmented as follows:

• Thermal transfer printing
• Inkjet printing
• Electrophotography & electrostatic printing
• Others (direct thermal printing, toner-based printing systems ionography, and magnetography)

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The market ecosystem involves various stakeholders in the digital printing packaging market. It starts with the raw material suppliers such as Eastman Kodak Co. (U.S.), Quantum Print and Packaging Ltd. (U.K.), Quad/Graphics Inc. (U.S.), and Traco Manufacturing, Inc. (U.S.), who provide the required raw materials to the manufacturing companies. The next level in the chain involves the manufacturing and the assembly team. This is taken care of by the manufacturers such as HP Inc. (U.S.), E.I. du Pont de Nemours and Company (U.S.), Xerox Corporation (U.S.), WS Packaging Group, Inc. (U.S.), Mondi plc (South Africa), and Xeikon N.V. (Netherlands). It is followed by the marketing and sales of the finished products, which is only possible if an efficient distribution channel is developed. Finally, the end products are distributed to the consumers.