The market report “Digital Printing Market” by Ink Types (Solvent Ink, Dye Sublimation Ink, Ultraviolet (UV)-Cured Ink, Aqueous Ink, Latex Ink, and Water Based Ink), Substrate Types (Release Liner, Paper & Paperboard, Plastic Films or Foils, Glass, Ceramic, and Technical Textiles), Printing Technologies (Magnetography, Electrophotography & Electrostatic Printing, Toner-based Printing Systems Iconography, Thermal Transfer Printing, and Direct Thermal Printing), Print Head Types (Laser and Inkjet), Packagings (Flexible Packaging, Metal Packaging, Labels, Folding Cartons, Rigid Plastic Packaging, and Corrugated Packaging), Formats (Full Color Printing, Large Format Printing, and Variable Data Printing), Applications (Commercial Printing, Books, Digital Printing Service, Printer Suppliers, Information Technology (IT) Service, Cloud Service, Display, and Clothing/Garments), End Users (Food & Beverage, Household & Cosmetic Products, and Pharmaceuticals and Healthcare) and Region – Forecast to 2028”. The Digital Printing market is growing at a CAGR of 8.8% by 2028, owing to the demand for digital advertisements.
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On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is projected to account for the largest share of the global digital printing market due to the factors such as high disposable income, rising demand for packaged foods, and demographic changes.
The key players in this market are Westrock Company, DS Smith PLC, IronMark Inc., Smurfit Kappa, Southland Printing Company Inc., Avery Dennison Corporation, Mondi PLC, Hewlett-Packard Development Company, l.P., Xeikon NV, Canon, Inc., Seiko Epson Corporation, Amcor PLC, Xerox Corporation, Samsung Electronics, Toshiba, Kyocera Corporation, and Panasonic.
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On the basis of application, the market is categorised into commercial printing, books, digital printing service, printer suppliers, information technology (IT) service, cloud service, display, and clothing/garments. Commercial printing is estimated to be the fastest-growing market segment strongly driven by the increasing promotion needs of enterprises, along with wide technological proliferation. On the basis of print head type, the market is segmented into laser and inkjet. The laser segment is projected to grow faster during the forecast period owing to the growing need for advanced printing technology to improve the flexibility and performance of the whole workflow.
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