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Digital Label Printing Market Segmentation By System Type (Inkjet System, Toner System and Others); By End-Use (Consumers, Packaging Companies and Converting companies) - Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Digital Label Printing Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Product Overview

The digital label printing is used by the various companies in order to print the logos or labels with help of digital printing technology. The digital label printing offers high resolution of the image so that small image can be seen clearly. It is a cost effective technology to produce custom labels, vibrant colors and crisp text. Digital label printing requires less labor and produces less waste in comparison to the traditional flexographic printing. The digital label printing is generally used in product packaging by different industries such as food & beverages, cosmetics, pharmaceuticals and others.

Market Size and Forecast

The global digital label printing market is expected to expand at a significant CAGR during 2018-2027. It is projected to attain significant market value by 2027. The cost effectiveness of the digital label printing coupled with the increasing demand from various industries is anticipated to boost the growth of the global digital label printing market during the forecast period. The global digital label printing market can be segmented on the basis of system type, end-use and region. On the basis of system type, it is sub-segmented into inkjet system, toner system and others. Inkjet printers are anticipated to lead the system type segment. The various advantages of the ink jet printers such as low start-up cost, inexpensive cartridges and relatively smaller and lightweight than any other printers is anticipated to be the primary reason for the sub-segment to lead the system type segment during the forecast period. On the basis of end-use, it is sub-segmented into consumers, packaging companies and converting companies. Packaging companies is anticipated to be the largest end-use sub-segment during the forecast period. The increasing use of the digital label printing in the packaging industry is predicted to be the major factor for the packaging industry to lead the end-use segment during the forecast period.

By region, global digital label printing market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share of the global digital label printing market during the forecast period on the account of the rapid growth in the labeling industry in region. Asia-Pacific region is anticipated to be the fastest developing region for the global digital label printing market. The increasing expansion of the packaging and labeling industry in the region is anticipated to fuel the market growth of the digital label printing in the region.CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation

Our in-depth analysis segmented the global digital label printing market in the following segments:

By System Type:

  • Inkjet System
  • Toner System
  • Others

By End-Use:

  • Consumers
  • Packaging Companies
  • Converting companies

By Region

Global digital label printing market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Turkey Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Israel, North Africa, South Africa, Rest of Middle East) Market size, Y-O-Y growth & Opportunity Analysis.

digital label printing market

Growth Drivers and Challenges

The increasing use of the digital printing by various end-users is anticipated to propel the global digital label printing market throughout the forecast period. Global digital label printing market is expected to witness robust growth on the account of increasing concern among the consumers regarding the legitimacy of products coupled with the availability of the substitute products in the market. The versatility, flexibility and high graphic standards related to digital label printing are anticipated to fuel the growth of the global digital label printing market.

However, high cost of the labeling associated with the digital label printing is anticipated to restrain the market growth of the global digital label printing.

Key Players

  • Samsun Label Printing Co., Ltd
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
  • Bharat Traders
  • Kingprint, Dongguan Yuchang Garment Accessories Co., Ltd.
  • Tangshan Wanjie Machinery Equipment Co.,Ltd
  • Dongguan grandrise Co., Ltd.
  • Abundant Grace International Company Ltd.
  • Shijin Plastic Packaging Co.,Ltd
  • FORMTEC KOREA LTD, etc.
  • LY Fashion Limited
  • LabelTraxx

 


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