From GlobeNewswire: 2024-05-15 03:00:00

The Global Digital Printing Packaging Market is set to grow from USD 27.5 billion in 2023 to USD 56.5 billion by 2033, with a CAGR of 7.47%. Digital printing packaging transfers digital files directly to packaging materials, offering benefits like customization, reduced waste, and eco-friendliness, influencing consumer preferences. Labels dominate the market, with inkjet technology and the pharmaceutical sector driving growth.

North America leads the digital printing packaging market, with a focus on sustainability and advanced technology driving growth. Meanwhile, the Asia-Pacific region is expected to grow the fastest, fueled by the food & beverage and pharmaceutical industries. China holds the largest market share, while India sees rapid growth. Major players in the market include Traco Manufacturing Inc., HP Inc, and Mondi PLC.

In a recent development, Smurfit Kappa Chelmsford made a £5.5 million investment in a state-of-the-art color printer, boosting print capabilities and material handling. The global digital printing packaging market is segmented by type, technology, end-user, and region, with a focus on food & beverage, pharmaceuticals & healthcare, and household & cosmetic products. Spherical Insights offers comprehensive analysis and forecasts for the industry.



Read more at GlobeNewswire: Global Digital Printing Packaging Market Size To Exceed USD