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 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). 

Digital printing refers to the procedure of printing digital-based images directly into different media substrates like paper, photopaper, canvas, fabrics, cardstock, and more. Compared to conventional processes that need printing plates, digital printing mitigates this step. It enables for a more smooth and flexible process. This method is especially beneficial for tasks that need quick turnaround and high-quality results. Digital printing also consists of methods like inkjet and laser printing, which are extensively utilized for producing documents, marketing materials, and packaging with precision and clarity. The development of e-commerce has also immensely increased the demand for digital printing, especially in custom packaging and labeling. Online retailers are always trying to differentiate their products, so that they can offer something new to their customers, due to which the demand for custom packaging is increasing rapidly. Furthermore, businesses are trying to become more sustainable which is driving them to adopt digital printing, as it generates less waste and enables on-demand production. This minimizes overproduction and the requirement of unnecessary storage. The global market is moving towards personalized and eco-friendly solutions, progressing the expansion of digital printing services.