PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605849
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605849
The digital printing market size is expected to reach USD 69.27 billion by 2034, according to a new study by Polaris Market Research. The report "Digital Printing Market Size, Share, Trends, Industry Analysis Report: By Print-Head Type (Inkjet, Laser, and Other), Application, Ink Type, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The digital printing market is experiencing significant growth, driven by increased digitalization across various sectors, which is leading to innovation in the printing industry. The integration of AI has played a key role in this growth, as it has led to the development of automated printing procedures, improving operational efficiency and reducing workloads for businesses. Additionally, the digital printing market is being propelled by the growing utilization of printing services in the publishing segment. Publishers and marketing agencies are increasingly adopting new digital technologies to enhance printing quality and accelerate the production of required outputs. Furthermore, the integration of advanced technology in the printing industry is contributing to the growth of market revenue.
The growing emphasis on environmental safety is leading to an increased need for eco-friendly and sustainable printing services, which encompass UV printing, carbon-balanced printing, and direct-to-film (DTF) printing. DTF is contributing to market growth by minimizing the wastage of raw materials like paper, water, and chemicals. Furthermore, UV printing utilizes ultraviolet (UV) rays to cure prints without emitting harmful gases, which makes it environmentally friendly. This attribute significantly contributes to driving market revenue.
The inkjet print-head segment dominated the market in 2024 due to the widespread availability of cost-effective printers and the inclusion of high-quality photo capabilities.
By ink type analysis, the aqueous ink segment is anticipated to dominate the market from 2025 to 2034 due to the increasing demand for sustainable alternatives. Aqueous ink, being water-based, is considered safe and free from side effects.
The North America digital printing market accounted for a major market share in 2024 due to rapid digitalization and the adoption of advanced technology and equipment.
The digital printing market in the Asia Pacific is expected to register a significant CAGR during the forecast period due to the widespread adoption of AI, which is fueling innovation in printing services. Further, an increasing number of textile businesses in the region are leveraging digital printing to foster innovation.
The global key market players are Hewlett-Packard Development Company I.P., Canon Inc., Ricoh Company Ltd., Mimaki Engineering Co. Ltd., Roland DG Corporation, Xerox Corporation, Seiko Epson Corporation, Durst Phototechnik AG, Samsung Electronics, Panasonic, 3D Fortify, Toshiba, Oki Electric Industry, Inca Digital Printers Limited, and Aibuild Electronics For Imaging Inc.
Polaris Market Research has segmented the digital printing market report based on print-head type, ink type, application, end use, and region: