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The Digital Printing Packaging Market Size was valued at USD 29.35 billion in 2023 and projected to reach USD 62.75 billion by 2032, growing at a CAGR of 8.82% during the forecast period.
The businesses emphasize precise labelling, the use of recycled materials, and a variety of colors to enhance their packaging. Different nations have stringent rules governing how products are packaged, as well as the ink and other materials used in the process.
The US Fair Packaging and Labeling Act mandates that all consumer goods be labeled with information about the product's identity, composition, and manufacturer's name and location. To ensure the safety of use, particularly for organic food and beverages, and lessen adverse environmental effects, these compliance regulations are necessary. However, the growth of the market may be hampered by the environmental problems associated with the production of paper and changes in the cost of raw materials.
Manufacturing, tourism, lodging, construction, and all other industries had been severely impacted by the COVID-19 Pandemic. The pandemic's effects on the supply chain caused the manufacturing of digital printing packages to stop, which slowed the market's expansion. The post-pandemic period saw a return to these activities, though, which is anticipated to boost demand for digital printing.
KEY DRIVERS:
Increasing demand for green packaging solutions
In terms of waste reduction, setup materials, and the use of eco-friendly inks, digital printing has advantages. On-demand printing is possible, minimizing waste and obsolescence from inventory. Digital printing is an appealing option for brands that value sustainability and environmentally friendly procedures, which supports the market expansion of this industry.
The market is anticipated to be driven by improved product shelf life and cost efficiency.
RESTRAIN:
Increasing the cost of raw materials will affect the growth of the market.
The printing industry requires high-quality delivery at lower costs. With the growing environmental concerns the production of raw materials required for digital printing is affecting the overall market growth. Ink, paper, and other materials cover 40% of the overall digital print market. The fluctuations in the costs of these raw materials will affect the growth of the digital printing market.
Higher cost of investments in machinery, software, and other required technology.
OPPORTUNITY:
The markets of developing countries are providing growth opportunities.
Industrialization in growing economies is creating markets for the digital printing packaging market. In India, the healthcare industry is growing at a faster pace. The healthcare sector requires digital printing packaging at a large scale for safety and consumer awareness.
Variable data printing (VDP), which allows for enhanced functionality, traceability, and marketing tactics, can be used on packaging.
CHALLENGES:
Rapid technological progress in the digital printing sector.
It can be difficult for businesses to stay on top of new technologies, make equipment upgrades, and avoid obsolescence. To stay competitive in the digital printing packaging market, it is challenging to constantly innovate and stay on the cutting edge of technological advancements.
Initially, Ukraine and its business associates. Together, with about 200,000 tonnes of goods, Finland (18%), Germany (12%), and Poland (10%) account for about half of the EU's paper and board exports to Ukraine. For 52% of the EU's pulp exports to Ukraine, Germany, and Sweden are responsible.
The war will halt these exports, which will, if nothing else, temporarily affect the supply of raw materials needed for digitally printed packaging.
Approximately 400,000 tonnes of paper and board are imported by Ukraine from the EU in the primarily one-way trade in pulp and paper between the EU and Ukraine. Exports from Ukraine are extremely meager. Belarus, which imports 65,000 tonnes of paper and board from the EU in even smaller volumes, experiences the same issue.
Regarding Russia. Russia imports from the EU approximately 850,000 tonnes of paper and board while exporting roughly 680,000 tonnes to the EU. With about 450,000 tonnes traded in total, trade between the EU and Russia in the area of pulp is fairly balanced. At present due to war trade between countries has stopped temporarily affecting the growth of the overall market.
Gas prices have an impact on European paper mills. The absence of orders for finished goods, however, is the current big issue. This is a result of the economy's slowdown and expectations that a severe economic crisis will drastically reduce the demand for packaging. To prepare for high demand, warehouses continued to hold excess inventory.
The first war in more than 70 years has also worsened the situation in Europe. At the same time, China's economy, where things have gotten worse since the pandemic started, is struggling. There is little room for a quick recovery, which will have an impact on the growth of the packaging market, especially when added to higher interest rates.
By Product Type
Labels
Corrugated Packaging
Bottle & Jars
Metal Cans
Others
By Print Technology
Nano-Graphic Printing
Liquid Toner Electrophotography Printing
Inkjet Technology
Others
By Application
Food & Beverages
Pharmaceuticals
Personal Care
Others
Asia-Pacific region is dominating the market due to an increase in demand from many end-use industries such as food & beverages, pharmaceuticals, and personal care. China & India are major consumers of the digital packaging market due to increasing demand from the food and beverage industry. The food & Beverage industry needs digital packaging to showcase the product details on packaging, its nutritional value, and also the products shelf life.
Europe is growing market for packaging industries. Growing advancements in metal packaging is the factor for the growth of market in European region. Germany and UK are expanding their business through networks.
Latin American and East African region will see a slow growth due to electrophotography printing with good resistance qualities.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin American
Some major key players in the Digital Printing packaging market are Mondi Plc, Thimm Group, Creative Labels Inc, Landa Corporation Ltd, Reynders Label Printing, DS Smith Plc, WS Packaging Group Inc, HP Inc, Quad/Graphics Inc, Tailored Label Products Inc and other players.
Sealed Air introduces a new line of digital packaging. Prismiq, a portfolio of design services, digital printing, and connected packaging solutions from Sealed Air, has been launched with a focus on the food supply chain.
Label Plus, A Screen Truepress Jet L350UV SAI S inkjet press was recently purchased by commercial label printing expert Label Plus from distributor Jet Technologies
| Report Attributes | Details |
| Market Size in 2023 | US$ 29.35 Billion |
| Market Size by 2032 | US$ 62.75 Billion |
| CAGR | CAGR of 8.82% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product Type (Labels, Corrugated Packaging, Flexible Packaging, Bottle & Jars, Folding Cartons, Metal Cans, Others) • By Print Technology (Nano-Graphic Printing, Liquid Toner Electrophotography Printing, Inkjet Technology, Others) • By Application (Food & Beverages, Pharmaceuticals, Personal Care, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Mondi Plc, Thimm Group, Creative Labels Inc, Landa Corporation Ltd, Reynders Label Printing, DS Smith Plc, WS Packaging Group Inc, HP Inc, Quad/Graphics Inc, Tailored Label Products Inc |
| Key Drivers | • Increasing demand for sustainable packaging solutions |
| Market Opportunities | • The markets of developing countries are providing growth opportunities. |
Ans: Digital Printing Packaging Market is expected to grow at a CAGR of 4.9 % over the forecast period of 2023-2030.
Ans: The Digital Printing Packaging Market size was USD 18620.27 million in 2023 and is expected to Reach USD 27301.71 million by 2031.
Ans: Some major key players in the Digital Printing packaging market are Mondi Plc, Thimm Group, Creative Labels Inc, Landa Corporation Ltd, Reynders Label Printing, DS Smith Plc, WS Packaging Group Inc, HP Inc, Quad/Graphics Inc, Tailored Label Products Inc.
Ans: Increasing demand for sustainable packaging solutions is driving the growth of the market.
Ans: Asia-Pacific region is dominating the market due to an increase in demand from many end-use industries such as food & beverages, pharmaceuticals, and personal care.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Digital Printing Packaging Market Segmentation, By Product Type
8.1 Labels
8.2 Corrugated Packaging
8.3 Flexible Packaging
8.4 Bottle & Jars
8.5 Folding Cartons
8.6 Metal Cans
8.7 Others
9. Digital Printing Packaging Market Segmentation, By Print Technology
9.1 Nano-Graphic Printing
9.2 Liquid Toner Electrophotography Printing
9.3 Inkjet Tec1hnology
9.4 Others
10. Digital Printing Packaging Market Segmentation, By Application
10.1 Food & Beverages
10.2 Pharmaceuticals
10.3 Personal Care
10.4 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Digital Printing Packaging Market by Country
11.2.2North America Digital Printing Packaging Market By Product Type
11.2.3 North America Digital Printing Packaging Market By Print Technology
11.2.4 North America Digital Printing Packaging Market By Application
11.2.6 USA
11.2.6.1 USA Digital Printing Packaging Market By Product Type
11.2.6.2 USA Digital Printing Packaging Market By Print Technology
11.2.6.3 USA Digital Printing Packaging Market by Application
11.2.7 Canada
11.2.7.1 Canada Digital Printing Packaging Market By Product Type
11.2.7.2 Canada Digital Printing Packaging Market By Print Technology
11.2.7.3 Canada Digital Printing Packaging Market By Application
11.2.8 Mexico
11.2.8.1 Mexico Digital Printing Packaging Market By Product Type
11.2.8.2 Mexico Digital Printing Packaging Market By Print Technology
11.2.8.3 Mexico Digital Printing Packaging Market By Application
11.3 Europe
11.3.1 Europe Digital Printing Packaging Market by Country
1.3.3.2 Europe Digital Printing Packaging Market By Product Type
11.3.3 Europe Digital Printing Packaging Market By Print Technology
11.3.4 Europe Digital Printing Packaging Market By Application
11.3.6 Germany
11.3.6.1 Germany Digital Printing Packaging Market By Product Type
11.3.6.2 Germany Digital Printing Packaging Market By Print Technology
11.3.6.3 Germany Digital Printing Packaging Market By Application
11.3.7 UK
11.3.7.1 UK Digital Printing Packaging Market By Product Type
11.3.7.2 UK Digital Printing Packaging Market By Print Technology
11.3.7.3 UK Digital Printing Packaging Market By Application
11.3.8 France
11.3.8.1 France Digital Printing Packaging Market By Product Type
11.3.8.2 France Digital Printing Packaging Market By Print Technology
11.3.8.3 France Digital Printing Packaging Market By Application
11.3.9 Italy
11.3.9.1 Italy Digital Printing Packaging Market By Product Type
11.3.9.2 Italy Digital Printing Packaging Market By Print Technology
11.3.9.3 Italy Digital Printing Packaging Market By Application
11.3.10 Spain
11.3.10.1 Spain Digital Printing Packaging Market By Product Type
11.3.10.2 Spain Digital Printing Packaging Market By Print Technology
11.3.10.3 Spain Digital Printing Packaging Market By Application
11.3.11 The Netherlands
11.3.11.1 Netherlands Digital Printing Packaging Market By Product Type
11.3.11.2 Netherlands Digital Printing Packaging Market By Print Technology
11.3.11.3 Netherlands Digital Printing Packaging Market By Application
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Digital Printing Packaging Market By Product Type
11.3.11.2 Rest of Europe Digital Printing Packaging Market By Print Technology
11.3.11.3 Rest of Europe Digital Printing Packaging Market By Application
11.4 Asia-Pacific
11.4.1 Asia Pacific Digital Printing Packaging Market by Country
11.4.2 Asia Pacific Digital Printing Packaging Market By Product Type
11.4.3 Asia Pacific Digital Printing Packaging Market By Print Technology
11.4.4Asia Pacific Digital Printing Packaging Market By Application
11.4.6 Japan
11.4.6.1 Japan Digital Printing Packaging Market By Product Type
11.4.6.2 Japan Digital Printing Packaging Market By Print Technology
11.4.6.3 Japan Digital Printing Packaging Market By Application
11.4.7 South Korea
11.4.7.1 South Korea Digital Printing Packaging Market By Product Type
11.4.7.2 South Korea Digital Printing Packaging Market By Print Technology
11.4.7.3 South Korea Digital Printing Packaging Market By Application
11.4.8 China
11.4.8.1 China Digital Printing Packaging Market By Product Type
11.4.8.2 China Digital Printing Packaging Market By Print Technology
11.4.8.3 China Digital Printing Packaging Market By Application
11.4.9 India
11.4.9.1 India Digital Printing Packaging Market By Product Type
11.4.9.2 India Digital Printing Packaging Market By Print Technology
11.4.9.3 India Digital Printing Packaging Market By Application
11.4.10 Australia
11.4.10.1 Australia Digital Printing Packaging Market By Product Type
11.4.10.2 Australia Digital Printing Packaging Market By Print Technology
11.4.10.3 Australia Digital Printing Packaging Market By Application
11.4.11 Rest of Asia-Pacific
11.4.11.1 APAC Digital Printing Packaging Market By Product Type
11.4.11.2 APAC Digital Printing Packaging Market By Print Technology
11.4.11.3 APAC Digital Printing Packaging Market By Application
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Digital Printing Packaging Market by Country
11.5.2 The Middle East & Africa Digital Printing Packaging Market By Product Type
11.5.3 The Middle East & Africa Digital Printing Packaging Market By Print Technology
11.5.4The Middle East & Africa Digital Printing Packaging Market By Application
11.5.6 Israel
11.5.6.1 Israel Digital Printing Packaging Market By Product Type
11.5.6.2 Israel Digital Printing Packaging Market By Print Technology
11.5.6.3 Israel Digital Printing Packaging Market By Application
11.5.7 UAE
11.5.7.1 UAE Digital Printing Packaging Market By Product Type
11.5.7.2 UAE Digital Printing Packaging Market By Print Technology
11.5.7.3 UAE Digital Printing Packaging Market By Application
11.5.8 South Africa
11.5.8.1 South Africa Digital Printing Packaging Market By Product Type
11.5.8.2 South Africa Digital Printing Packaging Market By Print Technology
11.5.8.3 South Africa Digital Printing Packaging Market By Application
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Asia Digital Printing Packaging Market By Product Type
11.5.9.2 Rest of Middle East & Asia Digital Printing Packaging Market By Print Technology
11.5.9.3 Rest of Middle East & Asia Digital Printing Packaging Market By Application
11.6 Latin America
11.6.1 Latin America Digital Printing Packaging Market by Country
11.6.2 Latin America Digital Printing Packaging Market By Product Type
11.6.3 Latin America Digital Printing Packaging Market By Print Technology
11.6.4 Latin America Digital Printing Packaging Market By Application
11.6.6 Brazil
11.6.6.1 Brazil Digital Printing Packaging Market By Product Type
11.6.6.2 Brazil Africa Digital Printing Packaging Market By Print Technology
11.6.6.3 Brazil Digital Printing Packaging Market By Application
11.6.7 Argentina
11.6.7.1 Argentina Digital Printing Packaging Market By Product Type
11.6.7.2 Argentina Digital Printing Packaging Market By Print Technology
11.6.7.3 Argentina Digital Printing Packaging Market by By Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Digital Printing Packaging Market By Product Type
11.6.8.2 Rest of Latin America Digital Printing Packaging Market By Print Technology
11.6.8.3 Rest of Latin America Digital Printing Packaging Market By Application
12 Company Profile
12.1 Mondi Plc
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Thimm Group
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Creative Labels Inc
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Landa Corporation Ltd
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Reynders Label Printing
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 DS Smith Plc
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 WS Packaging Group Inc
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 HP Inc
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Quad/Graphics Inc
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Tailored Label Products Inc
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. USE Cases and Best Practices
15. Conclusion
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