Digital Printing Packaging Market Expected To Grow Over The CAGR Of Around 10.5% During Forecast To 2023

- July 21, 2019

Global Digital Printing Packaging Market expected to experience significant growth in the next five years:

Market research future published a raw research report on Global Digital Printing Packaging Market that contains the information from 2016 to 2023. Digital printing packaging market is expected to grow with the CAGR of approximately 10.5% from 2016 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Digital Printing Packaging Market Information from 2016 to 2023"

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Packaging industry will witness a revolution due to the increasing applications of digital printing. Digital printing for packaging is specifically introduced to attract consumers. Continuously growing demand from personal care & pharmaceutical industries driving the growth of digital printing packaging market. Improved productivity and reliability of digital printing is another major driving factor contributing to the growth of this market.

The report has been analyzed based on packaging types, technologies, applications, end users and regions. On the basis of packaging type, global digital printing packaging market is segmented as labels, flexible packaging, and others, out of which, label type packaging accounted for the largest share. It is the most widely used packaging type because it displays product information, transportation details, brand identification symbols, sequential barcodes, and so on. The digital packaging improves workflow, enable innovative marketing and also helps in quicker marketing which improves popularity among end users.

On the basis of technology, global digital printing packaging market is segmented as inkjet, electrophotography & others. Out of them, electrophotography technique dominates the technology segment of global digital printing packaging market. This is mainly due to its ability to print images that are superior in quality and to withstand various climatic conditions.

Global digital printing packaging market, valued at USD 11.10 billion in 2015 is projected to grow at a CAGR of 10.5% during the forecast period.

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Market Research Analysis

On the basis of end user, global digital printing packaging market is segmented as food & beverages, personal care, pharmaceuticals, electronics goods and others. Out of them, the food & beverages sector dominate the end user segment of global digital printing packaging market. It accounts for the largest share mainly due to the growing demand for packaged food from developing as well as developed country. Additionally, the rising health consciousness among consumers also drives the growth of this market.

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The key players of global digital printing packaging market include W S Packaging Group, Inc. (U.S.), Weber Packaging Solutions Inc. (U.S.), Xerox Corporation (U.S.), Xeikon N.V. (Netherlands), Hewlett-Packard Inc. (U.S.), Mondi Group (South Africa), E.I. du Pont de Nemours and Company (U.S.), Quad Graphics, Inc. (U.S.), Labels in Motion (U.S.), and Reel Appeal Limited (U.K.).

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the digital printing packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

For Press Release, Click @ https://www.marketwatch.com/press-release/digital-printing-for-packaging-2019-market-global-industry-growth-along-with-size-share-trends-key-drivers-business-insights-and-forecast-to-2023-2019-01-23