Digital Printing Market Size, Share, Trends, Growth and Forecast 2032

Digital Printing Market Insights

According to Market Research Store study, the global Digital Printing Market size is anticipated to reach USD 56.58 Billion by 2032 from USD 32.10 Billion in 2023. Moreover, the global market is expected to witness a CAGR of 6.5% during the forecast period (2024-2032). The market research report encompasses market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.

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Global Digital Printing Market: Overview

Digital printing is a method of producing printing from electronic files. It is a process of printing digital-based images that can be further directly printed onto various materials like cardstock, synthetic, fabrics, canvas, photo paper, paper, and others. Digital printing does not need a printing plate like traditional offset printing. Digital printing is a cost-effective method and facilitates short-run color printing within a very short period time frame. Moreover, these systems are designed to provide high-quality finished products when compared to offset methods.

Global Digital Printing Market: Growth Factors

The growing demand for sustainable printing in the packaging and textile sectors is the major factor fuelling the growth of the global digital printing market during the forecast period. Product manufacturers are increasingly focusing on the packaging of the products to attract customers and lead effective marketing campaigns. Packaging of a product offers information about the standard & quality of the product and thus there is a significant demand for digital printing solutions for achieving high-quality graphics on different substrates like release liners, textiles, plastic films, and many others. Along with superior quality, clarity, and detail, the digital printers also offer UV cured printing which is highly in demand when compared to the smaller counterparts.

Such printers accommodate the customer's requirement for different regions, preferences, multiple languages, and targeted marketing campaigns by changing images, text, and colors. Digital printing is highly in demand in electrophotography due to the associated advantages. The emergence of Covid-19 has significantly reduced the use of office printers. Covid-19 has transformed the dynamics of all businesses. Nowadays, businesses are heavily relying on video conferencing and virtual networking for communicating with team members and clients all across the globe. Such emerging scenarios are significantly boosting the demand for home printers. The pandemic is also boosting the demand for flexible packaging. With a significant spike in F&B services all across the globe due to Covid-19, there is an increase in the demand for disposable packaging, which in turn will also bolster the growth of the global digital printing market during the forecast period.

Global Digital Printing Market: Segmentation

The global digital printing market can be segmented into the print head, substrate, ink type, printing, and region.

By print head, the market can be segmented into laser and inkjet.

By substrate, the market can be segmented into ceramic paper, textile glass, release liner, plastic & silver foil, and others.

By type, the market can be segmented into dye sublimation ink, latex ink, solvent ink, aqueous ink, UV cured ink, and others. The UV cured ink segment accounts for the largest share in the global digital printing market. It primarily consists of photoinitiator and acrylic monomers. Post printing, the ink is exposed to UV light to initiate a chemical reaction that further results in cross-linking of components to a solid. Such ink type dries and sets instantly when exposed to UV light. Such a process makes it a much more durable and suitable option for printing a wide range of flexible materials from direct to rigid substrates. Moreover, the UV cured ink facilitates several environmental advantages like it permits printers to utilize the ink without toxins and hence there is no wastage when compared to traditional solvent-based inks.

By printing, the global digital printing market can be segmented into the print head, ink, and digital printers.

Digital Printing Market: Report Scope

Global Digital Printing Market: Regional analysis

North America accounts for the largest share in the global digital printing market due to the ongoing technological advancements in the textile and packaging sector. Moreover, the high disposable income of people in the region further boosts the demand for digital printing for packaging processes.

Global Digital Printing Market: Competitive Players

Some of the significant players in the global digital printing market are:

• Walsworth
• Quad/Graphics
• The Command Group
• Core Publishing Solutions
• CPI Corporate
• Mondi PLC
• DS Smith PLC
• Sato America
• Amcor PLC
• Multi Color Corporation
• Avery Dennison Corporation
• ARC Document Solutions LLC
• Xeikon NV
• IronMark Inc.
• Southland Printing Company Inc.
• Westrock Company
• Smurfit Kappa.

The global Digital Printing Market is segmented as follows:  

By By substrate 

• ceramic paper 
• textile glass 
• release liner
• plastic & silver foil, and others

By type

• dye sublimation ink 
• latex ink
• solvent ink 
• aqueous ink 
• UV cured ink 
• and others 

By printing 

• print head 
• ink
• digital printers

Global Digital Printing Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.

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