Digital Printing Market Size & Share, by Printing Process (Electrophotography, Inkjet); Ink Type (UV-Cured, Aqueous, Solvent, Latex, Dye Sublimation); Packaging (Labels, Corrugated Packaging, Cartons, Flexible Packaging, Rigid Plastic Packaging, Metal Packaging) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3720
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Digital Printing Market size was over USD 38.56 billion in 2023 and is poised to cross USD 162.49 billion by 2036, growing at more than 11.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital printing is evaluated at USD 42.17 billion. The growth of the market can be attributed to the increasing demand for sustainable printing, and developments in textile and packaging industries. In 2019, textiles were the world’s 7th most traded product, with a total worldwide trade amounting for more than USD 800 billion. Textile trade represents about 4 percent of the total world trade. Along with these, the rise in adoption of laser and inkjet printing solutions, and upsurge in adoption of IoT and artificial intelligence technologies around the world are also expected to drive market growth in the forthcoming years. Furthermore, innovation in printing technologies for small and medium sized organizations, and escalating emphasis on green printing are projected to offer ample growth opportunities to the digital printing market in the near future.


Digital Printing Market Graph
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Digital Printing Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Sustainable Printing Worldwide
  • Developments in Textile and Packaging Industries

Challenges

  • Growing Demand for E-Books and Digital Advertisements

Digital Printing Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

11.7%

Base Year Market Size (2023)

USD 38.56 billion

Forecast Year Market Size (2036)

USD 162.49 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Digital Printing Segmentation

The market is segmented by ink type into UV-cured, aqueous, solvent, latex, and dye sublimation, out of which, the UV-cured segment is anticipated to observe robust growth rate in the global digital printing market. This can be accounted to the lesser time taken by this ink to get set and dry, and its high durability and suitability for printing on a variety of materials. In addition, UV-cured ink is also considered to be more environment-friendly as it allows printers to use ink without toxins. This is also a significant factor assessed to boost the growth of this market segment in the future. Moreover, on the basis of printing process, the inkjet segment is predicted to occupy the largest share over the forecast period as this printing process is the most widely used technique owing to its low cost and high quality of output.

Our in-depth analysis of the global market includes the following segments:

           By Printing Process

  • Electrophotography
  • Inkjet

             By Ink Type

  • UV-Cured
  • Aqueous
  • Solvent
  • Latex
  • Dye Sublimation

 

 

           By Packaging

  • Labels
  • Corrugated Packaging
  • Cartons
  • Flexible Packaging
  • Rigid Plastic Packaging
  • Metal Packaging

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Digital Printing Industry - Regional Synopsis

On the basis of geographical analysis, the global digital printing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific industry is anticipated to dominate majority revenue share by 2036, ascribed to increasing penetration of digital platforms solutions and end-to-end digitized value creation chains, and growing adoption of e-commerce in the region. According to the Indian Brand Equity Foundation, Indian e-commerce sector is projected to grow from 4% of the total food and grocery, apparel and consumer electronics retail trade in 2020 to 8% by the end of 2025.

Apart from these, rising advancements associated with digital printing technologies is also projected to accelerate the market growth in the region in the coming years. Additionally, the digital printing market in North America is evaluated to gather the largest share during the forecast period ascribing to the rapid growth of textile and packaging industries, and surging demand for packaged goods in the region.

Research Nester
Digital-Printing-Market-Share
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Companies Dominating the Digital Printing Landscape

    • Canon, Inc. 
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Mimaki Engineering Co., Ltd.
    • Roland DG Corporation
    • Xerox Corporation
    • Seiko Epson Corporation
    • Hewlett-Packard Development Company, L.P.
    • Westrock Company
    • Amcor PLC
    • Avery Dennsion Corporation
    • Smurfit Kappa Group

In the News

  • July 2020- Canon India announced new campaign “India Ka Printer” for promoting its multifunction PIXMA G series inkjet printers, which are suitable for use at both homes and offices.

  • May 2019- Westrock Company acquired USB Printing Group to expand the company’s capabilities to expand its packaging business into the personal and beauty care and nutraceutical industries.

Author Credits:  Rajrani Baghel


  • Report ID: 3720
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital printing is evaluated at USD 42.17 billion.

Digital Printing Market size was over USD 38.56 billion in 2023 and is poised to cross USD 162.49 billion by 2036, growing at more than 11.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing demand for sustainable printing worldwide, and developments in textile and packaging industries.

Asia Pacific industry is anticipated to dominate majority revenue share by 2036, ascribed to increasing penetration of digital platforms solutions and end-to-end digitized value creation chains, and growing adoption of e-commerce in the region.

The major players in the market are Canon, Inc., Mimaki Engineering Co., Ltd., Roland DG Corporation, Xerox Corporation, Seiko Epson Corporation, and others.

In the year 2024, the industry size of digital printing is evaluated at USD 42.17 billion.
Digital Printing Market Report Scope
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