What is the global market size of Digital Printing Market?

Global Digital Printing Market size was valued at USD 24.30 billion in 2021 and is poised to grow from USD 25.95 billion in 2022 to USD 43.93 billion by 2030, at a CAGR of 6.8% during the forecast period (2023-2030).

Who are the key vendors in the Global Digital Printing Market?

The market is highly competitive and fragmented, with a large number of players operating in the industry. Some of the major market players are making significant investments in R&D to enhance their product offerings and stay one step ahead of the competition. Additionally, they are concentrating on strategic alliances and collaborations to broaden their customer base and market penetration. Along with these well-known players, a number of smaller businesses and startups are also breaking into the market with cutting-edge goods and services. These companies are often focused on niche markets or specific applications, such as textile printing or 3D printing. 'HP Inc. (US)', 'Canon Inc. (Japan)', 'Xerox Corporation (US)', 'Ricoh Company Ltd. (Japan)', 'Konica Minolta Inc. (Japan)', 'EFI Electronics for Imaging Inc. (US)', 'Agfa-Gevaert NV (Belgium)', 'Durst Phototechnik AG (Italy)', 'Seiko Epson Corporation (Japan)', 'Kyocera Document Solutions Inc. (Japan)', 'Fujifilm Holdings Corporation (Japan)', 'Mimaki Engineering Co. Ltd. (Japan)', 'Inca Digital Printers Ltd. (UK)', 'Mutoh Industries Ltd. (Japan)', 'Roland DG Corporation (Japan)', 'Electronics for Imaging, Inc. (US)', 'Kornit Digital Ltd. (Israel)', 'Caldera Graphics SAS (France)', 'Global Graphics SE (Belgium)', 'Electronics for Imaging, Inc. (US)'

What is the key driver of Global Digital Printing Market?

With the rise of e-commerce and online shopping, consumers are increasingly looking for personalized and customized products. Digital printing allows for quick and cost-effective production of customized products, such as personalized phone cases, mugs, and t-shirts. This has led to an increase in demand for digital printing services.

What is the key market trend for Global Digital Printing Market?

Increased adoption of web-to-print solutions: Web-to-print solutions allow customers to design and order printed products online, which can streamline the ordering process and reduce costs for businesses. This trend is expected to continue as more companies look for ways to improve their online presence and customer experience.

Which region accounted for the largest share in Digital Printing Market?

North America dominated the Global Digital Printing Market. The United States is the largest market for digital printing in this region, with significant demand from several industries such as packaging, textiles, and commercial printing. The high adoption rate of advanced printing technologies, coupled with the presence of several key market players, is driving the growth of the digital printing market in North America.

Digital Printing Companies

Digital Printing Market Competitive Landscape

Top Player’s Company Profiles in Digital Printing Market

Hewlett-Packard Development Company, l.P. (US)
Canon, Inc. (Japan)
Ricoh Company Ltd. (Japan)
Mimaki Engineering Co., Ltd. (Japan)
Roland DG Corporation (Japan)
Xerox Corporation (US)
Seiko Epson Corporation (Japan)
Durst Phototechnik AG (Italy)
Electronics for Imaging, Inc. (US)
Inca Digital Printers Limited (UK)
Printronix (US)
Brother Industries, Ltd. (Japan)
Oki Electric Industry (Japan)
Kyocera Corporation (Japan)

Digital Printing Market

FAQs

Digital Printing Market size was valued at USD 20.25 Billion in 2022 and is poised to grow from USD 31.2 Billion in 2023 to USD 52.43 Billion by 2031, growing at a CAGR of 6.70 % in the forecast period (2024-2031).

The key market players are entering into strategic partnerships with different companies in the textile, paper, publishing, and other sectors to drive the market. This is also improving the performance and quality of their printing procedures. These prominent players are providing unique solutions to offer high-quality digital color printing solutions. Furthermore, as the demand for green technologies is awareness related to pollution from industrial production is increasing, the market players are launching eco-friendly printing solutions. They are doing this with the help of digital technologies. To increase their market share, key companies are acquiring advanced technology providers to achieve knowledge and expertise. 'Hewlett-Packard Development Company, l.P. (US) ', 'Canon, Inc. (Japan) ', 'Ricoh Company Ltd. (Japan)', 'Mimaki Engineering Co., Ltd. (Japan) ', 'Roland DG Corporation (Japan) ', 'Xerox Corporation (US) ', 'Seiko Epson Corporation (Japan) ', 'Durst Phototechnik AG (Italy) ', 'Electronics for Imaging, Inc. (US) ', 'Inca Digital Printers Limited (UK) ', 'Printronix (US) ', 'Brother Industries, Ltd. (Japan) ', 'Oki Electric Industry (Japan) ', 'Kyocera Corporation (Japan) '

Companies are using advanced technologies like IoT, artificial intelligence, data analytics, machine learning, and more. These innovative technological advancements have immensely impacted services. Moreover, large-volume printing orders are also profiting from print customization owing to changes in digital printing. This will further help in the growth of the global printing market.

The packaging sector provides immense scope for applying digital printing. Different packaging technologies and processes are utilized for serving demands of several products for specific types of brands using various technologies for printing. Some of the packaging sectors include labels, cartons, rigid plastic packaging, metal packaging, flexible packaging, and corrugated packaging. The demand for digital printing is increasing in these sectors with the growing packaging sector.

North America is leading the digital printing market with the highest market share. There are several leading digital printing companies and technology providers in the region. Organizations like HP Inc. and Xerox Corporation are playing a vital part in boosting the market. Their intensive research and development along with a strong distribution network have expanded the growth of the market. Furthermore, the region’s strong economic environment is also supporting the growth of the target market. Increasing high disposable incomes and favorable business settings are also encouraging investment in advanced digital printing technologies. Organizations are also willing to invest in innovative and unique equipment to improve their production abilities and meet market demands, further boosting market growth.

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Digital Printing Market Size, Share, Growth Analysis, By Inktype(Aqueous Ink, Solvent Ink, UV-Cured Ink, Latex Ink), By Head Type(Inkjet, and Laser), By Substrate Type(Plastic Film & Foil, Release Liner, Glass, Textiles), By Region - Industry Forecast 2024-2031

Digital Printing Market Competitive Landscape

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Digital Printing Market Size, Share, Growth Analysis, By Inktype(Aqueous Ink, Solvent Ink, UV-Cured Ink, Latex Ink), By Head Type(Inkjet, and Laser), By Substrate Type(Plastic Film & Foil, Release Liner, Glass, Textiles), By Region - Industry Forecast 2024-2031

Digital Printing Market Competitive Landscape

Digital Printing Market Report Snapshots

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What is the global market size of Digital Printing Market?

Who are the key vendors in the Digital Printing Market?

What is the key driver of Digital Printing Market?

What is the key market trend for Digital Printing Market?

Which region accounted for the largest share in Digital Printing Market?

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