Digital Printing Market Size, Share, Growth Analysis, By Technology(Inkjet, electrophotography, and others), By Application(Textiles, ceramics, packaging, advertising and media), By Region

Description

Global Digital Printing Market size was valued at USD 29.25 Billion in 2022 and is poised to grow from USD 31.2 Billion in 2023 to USD 52.43 Billion by 2031, at a CAGR of 6.70% during the forecast period (2024-2031).

The digital printing market has experienced rapid growth driven by the increasing demand for personalized, on-demand, and short-run printing solutions. The ability to produce high-quality prints quickly and efficiently has made digital printing a preferred choice for businesses across various sectors. The rise of e-commerce and the growing emphasis on customized packaging have further accelerated market expansion. While digital printing offers numerous advantages, challenges such as the initial investment in technology and the need for skilled operators may hinder adoption in certain segments.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Digital Printing Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Digital Printing Market Segmental Analysis

Global Digital Printing Market is segmented on the basis of inktype, head type, substrate type, and region. Based on Inktype the market is segmented into Aqueous Ink, Solvent Ink, UV-Cured Ink, Latex Ink and Dye Sublimation Ink. Based on head type, the market is segmented into Inkjet (Thermal, Piezo Crystal Based, Electrostatic, and Microelectromechanical) and Laser. Based on Substrate Type, the market is segmented into Plastic Film & Foil, Release Liner, Glass, Textiles, Ceramics, Paper, and Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Digital Printing Market

Technological advancements have significantly enhanced the capabilities of digital printing. The development of high-speed inkjet printers and sophisticated color management systems has led to improved print quality, faster production times, and reduced costs. These factors have broadened the appeal of digital printing across various industries, making it a viable alternative to traditional printing methods.

Restraints in the Global Digital Printing Market

Despite significant advancements, the initial investment required for digital printing technology remains a hurdle for many businesses. While the overall cost of ownership has decreased over time, the upfront expenses associated with purchasing and installing the necessary equipment can be prohibitive for small and medium-sized enterprises. This financial barrier can limit the adoption of digital printing technology, particularly in industries with tight operating budgets.

Market Trends of the Global Digital Printing Market

The digital printing market is experiencing significant growth driven by several key trends. The increasing adoption of web-to-print solutions is empowering customers to design and order printed products online, streamlining the process for both businesses and consumers. Additionally, the packaging industry's demand for short run, customized solutions is driving the adoption of digital printing technologies. These factors, combined with the overall growth of e-commerce, are contributing to the expansion of the digital printing market.

Product Code: SQMIG45J2203

Introduction

Objectives of the Study
Definitions
Market Scope

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Market Overview Outlook
Supply Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Technology Analysis
Regulatory Analysis
Ecosystem Mapping
Trade Analysis
Tariff Analysis
Patent Analysis
Case Study
- Solent Design Studio
- Digiforce
- Use of Printers in Aerospace Industry

Digital Printing Market by Ink Type

Market Overview
Aqueous Ink
Solvent Ink
UV-Curved Ink
Latex Ink
Dry Sublimation Ink
Others

Digital Printing Market by Print Head Type

Market Overview
Inkjet
- Thermal Inkjet
- Piezo Crystal Based
- Electrostatic Inkjet
- MEMS Inkjet
Laser
Others

Digital Printing Market by Substrate Type

Market Overview
Plastic Films or Foils
Release Liner
Glass
Textile
Paper
Ceramic
Others

Digital Printing Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Activities in the Market
Key Companies Market Share (%), 2023

Key Company Profiles

Hewlett-Packard Development Company, l.P. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Canon, Inc. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ricoh Company, Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mimaki Engineering Co., Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Roland DG Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Xerox Corporation (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Seiko Epson Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Durst Phototechnik AG (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Electronics for Imaging, Inc. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Inca Digital Printers Limited (UK)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Printronix (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Brother Industries, Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Oki Electric Industry (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kyocera Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Toshiba (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Samsung Electronics (South Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Konica Minolta (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sharp (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Panasonic (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
GCC (Taiwan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ID Technology (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Neuralabel Printing Solutions (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dalemark Industries (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
nkcups (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Rena Systems (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Digital Printing Market Size, Share, Growth Analysis, By Technology(Inkjet, electrophotography, and others), By Application(Textiles, ceramics, packaging, advertising and media), By Region - Industry Forecast 2024-2031