Digital Printing Market to Reach USD 53.6 Billion by 2032 |

Fort Collins, Colorado, Sept. 18, 2023 (GLOBE NEWSWIRE) — DataHorizzon Research Published a report titled, “Digital Printing Market Size, Growth, Share, Statistics Report, By Type (Inkjet and Laser), By Ink (Aqueous, Solvent, UV-curable, Dye Sublimation, Latex and Others), By Application (Plastic Film, Fabric, Glass, Paper, Ceramics), By Region and Segment Forecasts, 2023-2032.” 

DataHorizzon Research estimates that the digital printing market will reach USD 53.6 billion by 2032, with a 7.6% CAGR. The adoption of digital technologies in various industries, including the packaging and manufacturing industry, is driving market growth. Digital printing is also being adopted by many companies due to its benefits, such as the low generation of waste, time saving, fewer steps in printing and cheaper printing. Digital printing is also more flexible because it does not require printing plates. These factors have led to an increase in the use of digital printing.

Customizability, and the variability of digital print offer a variety of opportunities to market players. Direct-to-garment (DTG), and direct-to fabric (DTF), printing is in high demand due to the popularity of ecommerce and the trend towards customized products. DTG printing involves spraying ink on apparel, similar to the printing of paper. Multicolored images can be added to tee-shirts, sweatshirts or tote bags to enhance the aesthetic appeal of these products.

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Report Snapshot

Segmentation Overview

The digital print market is divided into four segments: type, inks, applications, and regions. According to the type of printer, the inkjet has a substantial market share. This is expected continue during the forecast. The UV-cured ink segment, based on inks, is expected to grow substantially. The UV-cured inks are used to cure the colors and provide bright, sharp colors. This is why they are so popular. According to application, the fabric sector is expected grow significantly in the market due the growing demand for personalized apparel printing.

North America is the largest market in terms of geography, owing to a growing need for process efficiency improvements across various industries that use printing, like packaging. Asia Pacific will likely register significant growth over the forecast period. The growing supply chain industry is responsible for this growth, as it leads to technological advances in the various processes within the industry. In addition, the increasing investment of major players in the region contributes to its growth.

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Key developments in the industry:

• Smurfit Kappa, Chelmsford, invested USD 5,86 million in a Gopfert HBL 2,1m color printer. This investment is expected to boost print capacity and material handling as well as boost the brand’s visual presence. The Gopfert HBL comes with various features including a sophisticated print quality control system, automatic print registration and color control.

• Canon announced a new MAXIFY Ink Efficient series printer in February 2022. The new printer has been designed to boost efficiency and productivity by integrating low cost color printing capabilities with high speed, paper handling abilities and networking.

Digital Printing Market Report: Highlights

• Digital Printing is expected to grow at a 7.6% CAGR by 2032.

• Inkjet held a significant share of the market and it is expected to continue dominating during the forecasted years.

• A significant share of the market was also accounted for by solvent inks, due to their compatibility and ease of use with printers.

• Due to its wide use in various promotional materials for businesses, the paper segment should account for an important share of the market.

• Asia Pacific will likely grow significantly during the forecast period. Digital printing is becoming more popular in the textile sector.

• Digital printing market report includes Hewlett-Packard Development Company, Canon, Inc., Ricoh Company, Ltd., Mimaki Engineering Co., Ltd., Roland DG Corporation, Xerox Corporation, Seiko Epson Corporation, Durst Phototechnik AG, Electronics for Imaging, Inc., Inca Digital Printers Limited, Printronix, Brother Industries, Ltd., Oki Electric Industry, Kyocera Corporation. 

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Digital Printing Market Segmentation Report:

Digital Printing Market by Type (2023-2032).

Digital Printing Market By Ink (2023-2032).

• Aqueous
• Solvent
• UV-curable
• Dye Sublimation
• Latex
• You can also find out more about Other

Digital Printing Market by Application (2023-2032).

• Plastic Films, Foils
• Fabric and Glass
• Paper/Books
• Ceramic

Digital Printing Market by Region (2023-2032).

• • U.K.
  • Germany
  • France
  • Rest of Europe

• • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific

• • Brazil
  • Mexico
  • Rest of Latin America

• • UAE
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa

About DataHorizzon Research:

DataHorizzon provides market research and advice to organizations worldwide, helping them formulate growth strategies that are adapted to the changing dynamics of business. DataHorizzon offers consulting services to enterprises as well as business insights for making actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

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