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Digital Printing Packaging Market Worth 42.11 Billion USD by 2026

 



(Medical-NewsWire.com, June 04, 2019 ) 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" published by MarketsandMarkets, the 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%.

Request for PDF of Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=249244591

The global Digital Printing Packaging Market is witnessing demand owing to the rise in manufacturing activities. The market is driven by factors such as strong growth in the demand from the food and homecare sectors. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the Digital Printing Packaging Market.

Food & beverage segment is estimated to be the fastest-growing segment in 2015

The food & beverages segment is estimated to be the fastest-growing segment in 2015. The demand for digital printing packaging is experiencing high demand from the food & beverage industry, mainly because of the growing demand for packaged and branded products. Increase in demand for product differentiation and labelling for their authentication drives the market growth for printing in the food & beverage packaging segment

Labels is projected to be the largest segment during the forecast period in packaging type segment

The Digital Printing Packaging Market, on the basis of packaging type, is classified into labels, flexible packaging, corrugated, folding cartons, and others, which includes rigid plastic packaging and metal packaging. The labels segment accounted for the largest share in 2015 due to its numerous application such as displaying sequential barcodes and numbering, variable text, titles, or graphics, and add substantial value to the product.

Don't miss out on business opportunities in Digital Printing Packaging Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=249244591

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.

The major players include HP Inc. (U.S.), E.I. du Pont de Nemours and Company (U.S.), Xerox Corporation (U.S.), Mondi Plc (South Africa), Quad/Graphics, Inc. (U.S.), and WS Packaging Group (U.S.). Companies have adopted strategies such as mergers & acquisitions to cope with the increasing demand in the emerging markets.

Purchase the report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=249244591

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


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