Digital Printing Market size was valued at US$ 238.06 Bn. in 2022 and the total revenue is expected to grow at 10.91% through 2022 to 2029, reaching nearly US$ 491.44 Bn.
Digital Printing Market Overview:
The purpose of this study is to provide a thorough examination of the Digital Printing market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Digital Printing market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Market Scope:
The research method used to assess and anticipate the Digital Printing market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Digital Printing market was calculated using the revenue of significant enterprises.
Segmentation:
By Type
Due to their availability, simplicity of installation, and affordability, inkjet printers are the most widely used type of digital printing equipment worldwide. For printing, copying, scanning, colour printing, and printing on fabric and flexible media, inkjet printers are used instead of laser printers. Due to high equipment expenses, maintenance requirements, and printing prices, laser printing is a costly kind.
Ink Type
With a market share of, the aqueous link type currently rules the digital printing industry globally. The most popular kind of ink, aqueous, is utilised in all popular printers. Aqueous ink contains qualities including evaporation, open time, and nozzle wetting and is utilised as a pigment, dye, or mixture as the colourant. According to market demand and research in the report, other connections like solvent and dye sublimation held the market share.
By Application
Due to rising utilisation in the packaging and advertising industries, plastic films and foils have a market share overall. In order to package a product with a plastic cover or package that has a digitally printed design of information, styling, and appealing packaging, plastic films and foils are typically employed. The second-highest category for digital printing applications is paper and books.
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Key Players:
The major players covered in the Digital Printing market report are
1. Canon, Inc.
2. Ricoh Company, Ltd.
3. Mimaki Engineering Co., Ltd.
4. Roland DG Corporation
5. Xerox Corporation
6. Seiko Epson Corporation
7. Durst Phototechnik AG
8. Electronics for Imaging, Inc.
9. Inca Digital Printers Limited
10. Printronix
11. Brother Industries, Ltd.
12. Oki Electric Industry
13. Kyocera Corporation
14. Toshiba
15. Samsung Electronics
16. Konica Minolta
17. Sharp
18. Panasonic
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Digital Printing Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Digital Printing market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Digital Printing industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Market Report are:
- Which segment grabbed the largest share in the market?
- How was the competitive scenario of the market in 2020?
- Which are the key factors responsible for the market growth?
- Which region held the maximum share in the market in 2020?
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