Digital Printing Market

Surge in demand for sustainable printing

The widespread adoption of digital printing has transformed the way businesses and commercial organizations build assets. With the advent of digital printing, designers now have nearly limitless design options. Organizations have been able to use their creativity to create truly original and useful products by eschewing the typical designs constrained by conventional printing plates. As people and companies try to minimize their environmental impact, sustainable printing techniques are growing in popularity. Due to technological advancements, print vendors may now produce quality-unaffected, sustainably printed materials.

Additionally, digital printing can be done without using a printing plate. Compared to more traditional techniques that require a plate, this procedure generates a lot less waste because the ink lies on the top layer of the substrate. For shorter print runs, digital printing is fantastic. The ability to print digitally more quickly than with other technologies thanks to the absence of a plate is another advantage. A machine may print up to 4,800 sheets per hour once printing has started. Digital printing is a very economical technique to utilize if businesses only need a modest quantity of prints.

Digital Printing Market Covid Impact

The COVID-19 pandemic has had a substantial negative influence on the expansion of the worldwide digital printing market. The dynamics of the digital printing industry were changed by the outbreak. Due to sudden shutdown restrictions everywhere in the world, the digital printing sector was forced to shift its attention to online transactions and techniques. This caused an initial fall in the sector, which is anticipated to level off as e-commerce gains more and more popularity.

Digital Printing Market Russia-Ukraine War Impact

Russia's invasion of Ukraine and the ongoing effects of the pandemic had a negative and unclear impact on the world economy. Many of the downside risks mentioned in April World Economic Outlook have started to manifest. The world's financial conditions have become more rigid due to higher-than-expected inflation, particularly in the United States and major European nations. With COVID-19 outbreaks and lockdowns, China's recession has been greater than expected, and the conflict in Ukraine has had further detrimental effects.

Emerging markets are playing a pivotal role in the growth of the Global Digital Printing Market Industry. Regions such as Asia-Pacific and Latin America are witnessing increased investments in digital printing technologies, driven by urbanization and rising disposable incomes. For instance, countries like India and Brazil are experiencing a surge in demand for digital printing solutions across various sectors, including packaging and textiles. This trend is expected to contribute to the market's expansion, with projections indicating a growth to 64.1 USD Billion by 2035. The potential of these emerging markets presents significant opportunities for stakeholders within the Global Digital Printing Market Industry.

The expansion of e-commerce is significantly influencing the Global Digital Printing Market Industry. As online shopping continues to rise, businesses are increasingly investing in digital printing for packaging and promotional materials. Custom packaging solutions that enhance brand visibility are becoming essential for e-commerce companies. For example, personalized packaging can improve customer experience and foster brand loyalty. This trend is expected to drive the market's growth, with estimates suggesting a market value of 31.3 USD Billion in 2024. The synergy between e-commerce and digital printing is likely to create new opportunities for innovation and expansion within the Global Digital Printing Market Industry.

Sustainability is emerging as a critical driver in the Global Digital Printing Market Industry, as companies increasingly seek eco-friendly printing solutions. Digital printing technologies often utilize less water and energy compared to traditional methods, aligning with global efforts to reduce environmental impact. For instance, the adoption of biodegradable inks and recyclable substrates is gaining traction among manufacturers. This shift towards sustainable practices not only meets regulatory requirements but also appeals to environmentally conscious consumers. As sustainability becomes a priority, the Global Digital Printing Market Industry is likely to witness significant growth, supported by a projected CAGR of 6.74% from 2025 to 2035.

The Global Digital Printing Market Industry is experiencing rapid growth due to continuous technological advancements. Innovations such as high-speed inkjet printing and 3D printing are revolutionizing production processes. For instance, the introduction of digital textile printing has enabled manufacturers to produce customized designs with reduced lead times. This shift towards more efficient printing technologies is expected to contribute to the market's expansion, with projections indicating a market value of 31.3 USD Billion in 2024. As these technologies evolve, they are likely to enhance productivity and reduce costs, further driving demand in the Global Digital Printing Market Industry.

The Global Digital Printing Market Industry is characterized by various trends that indicate its future trajectory. Current projections suggest a market value of 31.3 USD Billion in 2024, with a robust growth forecast to reach 64.1 USD Billion by 2035. The anticipated CAGR of 6.74% from 2025 to 2035 reflects the increasing adoption of digital printing technologies across diverse sectors. Key trends include the rise of on-demand printing, advancements in printing materials, and the integration of automation in production processes. These trends are likely to shape the competitive landscape and drive innovation within the Global Digital Printing Market Industry.

Customization is becoming increasingly prevalent in the Global Digital Printing Market Industry, driven by consumer preferences for personalized products. Businesses across various sectors, including packaging, textiles, and promotional materials, are leveraging digital printing to offer tailored solutions. For example, brands are utilizing digital printing to create unique packaging designs that resonate with consumers. This trend is expected to propel the market, with a projected growth to 64.1 USD Billion by 2035. The ability to produce small batches of customized items without significant cost increases positions digital printing as a key player in meeting the evolving demands of consumers in the Global Digital Printing Market Industry.

By Region, the study segments the market into North America, Europe, Asia-Pacific Middle East & Africa, and South America. During the projected period, The Asia Pacific market is predicted to develop at the fastest CAGR due to increased demand for digital printing across numerous business verticals. The Chinese printing sector is paying attention to new data-driven business models, digital platform solutions, and end-to-end digitized value creation chains. Local designers now have access to more than 12,000 carton folding patterns online because of the increased adoption of digital printing.

Businesses are purchasing digital presses because there are fewer steps in the printing process.

As a result, the companies will be able to increase their manufacturing capacity by providing finished goods more quickly. On October 15, 2021, Tomato Cloud Technology Co., Ltd., a Chinese printing business, placed an order for 10 new Fujifilm Jet Press 750S digital inkjet printers. By the end of 2022, the company will be one of Jet Press' key clients thanks to the addition of 10 additional Jet Press 750S presses that will be delivered to its location by that time.

July 2020: Canon India has started a new campaign named "India Ka Printer" to market its multifunction PIXMA G series inkjet printers, which can be used in both homes and businesses.

The countries considered in the scope of Digital Printing market are US, Canada, Mexico, UK, Germany, France, Italy, Spain, Switzerland, Austria, Belgium, Denmark, Finland, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Sweden, Romania, Ireland, China, Japan, Singapore, Malaysia, Indonesia, Philippines, South Korea, Hong Kong, Macau, Singapore, Brunei, India, Australia & New Zealand, South Africa, Egypt, Nigeria, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, Kuwait, and Oman, Brazil, Argentina, Chile, and others.

The digital printing market is fairly consolidated with a few small and medium-sized market players accounting for the majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective strategies in the market.

The companies are primarily focusing on partnership, acquisition, and product launch. Various key players in the market, such as HP Inc., Canon Inc., Seiko Epson Corporation, Ricoh Company, Ltd., MIMAKI Engineering Co., Ltd., Roland DG Corporation, Xerox Corporation, DIC Corporation, Toyo Ink SC Holdings Co., Ltd, Sakata INX Corporation, T&K TOKA Co., Ltd., Flint Group, and Siegwerk Druckfarben AG & Co. KGaA and others, are focusing on acquisitions and partnerships to strengthen their product portfolios and increase their presence in untapped markets.