Digital Printing for Packaging Market is Anticipated to Witness a CAGR of 6.0%,

July 26, 2019 Off By Sebastian Reisig

Future Market Insights delivers vital insights on the digital printing for packaging market, in its published report, which includes global industry analysis 2014-2018 and opportunity assessment 2019-2029. In terms of revenue, the global digital printing for packaging market is projected to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

The global digital printing for packaging market has been segmented on the basis of print technology type, product type, and end use. The global digital printing for packaging market is anticipated to expand 2x in terms of volume by the end of 2029.

Quicker Turnaround Compelling Adoption

Digital printing for packaging is a type of printing technology, which predominantly prints packaging materials by using electronic control laser and ink jet printers. Digital printing for packaging also reduces turnaround time as it requires minimal press setup. Furthermore, digital printing for packaging provides quicker response time for printing as compared to the conventional printing technique. Application of digital printing technology for short print runs with customized marketing communication in packaging, offers benefits to print service providers and packaging converters in the form of controlled inventory levels. This makes digital printing for packaging desirable for high-quality graphic packaging applications.