Exactitude Consultancy Latest Press Release 2023: Digital Printing Packaging Market

The digital printing packaging market is developing as a result of the feature, which reduces turnaround time and increases accuracy and quality.

Digital printing does not require plates or screens, which allows for speedier set-up times and eliminates the need for costly plates or screens. Digital printing can create packaging materials more quickly than traditional printing processes, resulting in reduced turnaround times. This is due to digital printing technology allows firms to make packaging materials fast and efficiently by printing at high speeds without losing quality.

With the capacity to print changeable data and patterns, digital printing technology enables for the customization and personalization of package materials. This implies that firms may create custom package designs matched to their specific needs, saving time and money over acquiring pre-printed packaging materials.

Colours may be reproduced with great accuracy and consistency using digital printing technology, guaranteeing that the colours on packaging materials remain faithful to the original design. This is accomplished through the employment of powerful colour management software and high-quality inks. Digital printing packaging has various advantages that can assist organisations in reducing turnaround time, increasing accuracy, and improving the quality of their packaging materials.

One of the primary drivers of development in the digital printing packaging industry is the combination of QR codes and augmented reality (AR).

Businesses are increasingly turning to digital printing packaging as a means of creating creative and interesting packaging designs. This integration is assisting firms in developing more customised, dynamic, and engaging package designs that attract consumers’ attention and improve brand awareness. QR codes and augmented reality may be utilised to create interactive and intriguing packaging designs that attract consumers’ attention. This can assist to raise brand recognition and consumer engagement, ultimately leading to improved sales.

QR codes and augmented reality may be utilised to give consumers with extensive product information such as ingredients, nutritional information, and usage directions. This can assist to create consumer trust and drive repeat purchases. QR codes and augmented reality may be utilised to produce shareable content that users can share on social networking sites. This can aid in increasing brand awareness and reaching a larger audience.

By developing more customised, interactive, and engaging packaging designs, the incorporation of QR codes and AR into packaging designs is helping to promote the growth of the digital printing packaging industry. Businesses who implement these technologies into their package designs will be better positioned to compete in the market as customers become more tech-savvy and expect more interactive experiences.

Explore 155 market data Tables spread through nearly 102 Pages and in-depth analysis on “Digital Printing Packaging Market by Ink Type (Solvent-based, UV-based, Aqueous, Others) Printing Type (Flexible Packaging, Corrugated, Folding Cartons, Labels, Others) Technology (Thermal Transfer Printing, Inkjet Printing, Electrophotography & Electrostatic Printing, Others) Application (Pharmaceuticals & Healthcare, Food & Beverages, Household & Cosmetic Products, Others) by Region Global Trends and Forecast from 2022 to 2029” with Table of Content – Click here

The digital printing packaging market had negative implications on environment.

Digital printing devices require power to operate, which can lead to increased energy consumption and greenhouse gas emissions. Digital printing frequently necessitates the use of ink, toner, and other chemicals, which can have significant environmental consequences if not effectively controlled. Some compounds may include hazardous components and need particular handling and disposal methods to reduce pollution risk.

As digital printing machines and equipment become obsolete or are replaced by newer technology, they contribute to electronic garbage (e-waste). E-waste can include dangerous compounds including lead, mercury, and cadmium, which can endanger human health and the environment if not properly disposed of. Certain digital printing inks and materials may not be easily recyclable, limiting their possibility for reuse and contributing to the packaging industry’s total environmental effect.

Companies that employ digital printing technology for packaging should evaluate their environmental effect and take initiatives to reduce their carbon footprint. This might involve adopting ecologically friendly inks and materials, reducing energy use, and guaranteeing proper chemical and e-waste management and disposal.

Asia Pacific will dominate the global digital printing packaging market.

Asia-Pacific will account for the greatest revenue share of the digital printing packaging market in 2021. Asia Pacific is projected to emerge as the fastest-growing region with a CAGR of 6.5 % from 2022 to 2029. China, India, and Japan are the top three consumers due to rising demand in the food and beverage business. This is because there is a high demand for food packaging, as well as an increasing emphasis on packaged foods revealing information about their storage life, composition, and nutritional value. Due of high demand from the label industry. As a result, this aspect is propelling the regional digital printing packaging market forward.

The North American market is expanding rapidly and is likely to continue doing so during the forecast period. The combination of print and digital technologies, as well as the increased usage of personalisation in print for customer satisfaction, are expected to drive regional market revenue growth throughout the projection period. The market in Europe is predicted to develop steadily as the packaging and textile industries increase their use of digital printing. Different product launches, marketing efforts, and conferences are disseminating information about new product and technology development.

Digital Printing Packaging Market Players

The global market is fragmented in nature with the presence of various key players such Reynders Label Printing, Mondi, Tailored Label Products Inc., Quad/Graphics Inc., Traco Manufacturing Inc., Creative Labels Inc., Colordruck Baiersbronn, DS Smith Plc, WS Packaging Group Inc., Mondi Plc., Xerox Corporation, Eastman Kodak Co., Canon Inc., HP Inc., Flint Group, DuPont de Nemours, Inc. along with medium and small-scale regional players operating in different parts of the world. Major companies in the market compete in terms of application development capability, product launches, and development of new technologies for product formulation.

Key Market Segments: Digital Printing Packaging Market

Digital Printing Packaging Market By Ink Type, 2020-2029, (USD Billion)

• Solvent-Based
• Uv-Based
• Aqueous
• Others

Digital Printing Packaging Market By Printing Type, 2020-2029, (USD Billion)

• Flexible Pacakging
• Corrugated
• Folding Cartons
• Labels
• Others

Digital Printing Packaging Market By Technology, 2020-2029, (USD Billion)

• Thermal Transfer Printing
• Inkjet Printing
• Electrophotography & Electrostatic Printing
• Others

Digital Printing Packaging Market By Application, 2020-2029, (USD Billion)

• Flexible Packaging
• Corrugated
• Folding Cartons
• Labels
• Others

Digital Printing Packaging Market By Region, 2020-2029, (USD Billion)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered.

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