The Global digital printing market size was estimated at USD 27.4 billion in 2022 and is projected to surpass around USD 49.7 billion by 2030, anticipated to grow at a registered CAGR of 6.84% between 2022 and 2030. The global digital printing market refers to the market for digital printing technology, which includes printers, software, inks, and substrates. Digital printing technology allows for printing images and text directly from digital files, as opposed to traditional printing methods that use plates or screens.

Browse 215 market data Tables and 96 Figures spread through 319 Pages and in-depth TOC on "Digital Printing Market Size, Share & Trends Estimation Report By Outlook, By Region, And Segment Forecasts, 2022 - 2030" View detailed Table of Content here-https://www.contrivedatuminsights.com/product-report/digital-printing-market-248679/

The digital printing market has experienced significant growth in recent years, driven by increasing demand for high-quality, short-run printing and personalization. The market is segmented by technology, ink type, substrate type, application, and geography.

Market Dynamics

On-demand printing: With the rise of e-commerce and online shopping, there is a growing need for on-demand printing services that can quickly produce customized products, such as t-shirts, mugs, and phone cases.

Mass customization: Consumers are increasingly seeking products that are tailored to their specific needs and preferences, driving demand for mass customization services. Digital printing technology allows for cost-effective production of small batches of customized products, making it an ideal solution for this market.

High initial investment: The cost of investing in digital printing technology can be high, which may limit the adoption of the technology by small businesses or startups.

Competition from traditional printing methods: While digital printing technology offers several advantages over traditional printing methods, traditional printing methods still have their place in certain industries and applications. This could limit the growth of the digital printing market in some segments.

Limited scalability: Digital printing technology may not be as scalable as traditional printing methods, particularly for large volume production runs. This could limit its use in certain industries.

Technological obsolescence: Digital printing technology is subject to rapid technological advancements, which could make existing equipment obsolete quickly. This could lead to high costs associated with upgrading equipment to stay competitive.

Customization: The ability to offer customized products and services is a significant opportunity in the digital printing market. Businesses can leverage the technology to provide personalized and unique products that cater to specific customer needs.

On-demand printing: The on-demand printing market is growing rapidly, and digital printing technology is well-positioned to capture a significant portion of this market. Businesses can leverage the technology to offer quick and cost-effective on-demand printing services to customers.

Industry-specific applications: Digital printing technology is being adopted in a range of industries, including textiles, packaging, and signage. Businesses can leverage the technology to offer specialized printing services tailored to the needs of these industries.

Sustainability: The demand for sustainable printing practices is growing, and digital printing technology presents an opportunity for businesses to meet this demand. By using eco-friendly inks, substrates, and other materials, businesses can position themselves as leaders in sustainable printing practices.

Pigment inks are commonly used in the fine art printing market, as they produce high-quality prints with excellent color accuracy and fade resistance. These inks contain microscopic pigment particles that are bonded to the substrate using a binder.

Aqueous inks are water-based inks that are commonly used in the desktop printing market. These inks are designed for use with inkjet printers and produce high-quality prints with vibrant colors and excellent color accuracy.

Overall, each ink segment in the digital printing market has its unique advantages and applications, and businesses in the industry need to offer a range of ink options to cater to the needs of their customers. By providing high-quality and eco-friendly ink options, businesses can differentiate themselves from competitors and position themselves for success in the rapidly growing digital printing market.

Commercial printing involves the production of a wide range of printed materials such as brochures, business cards, flyers, banners, and posters, among others. The digital printing technology has revolutionized the commercial printing industry by enabling printing on demand, customization, and shorter print runs.

Packaging printing involves the production of packaging materials such as labels, cartons, and flexible packaging. Digital printing technology has enabled packaging printers to offer personalized and short-run packaging solutions for product branding and promotion.

Textile printing involves printing on fabrics, clothing, and other textiles. Digital printing technology has enabled textile printers to produce high-quality and customized prints on a wide range of fabrics and clothing materials.

The major players in the global digital printing market include HP Inc., Xerox Corporation, Canon Inc., Konica Minolta Inc., Ricoh Company Ltd., and EFI Inc. Other notable players include Agfa-Gevaert Group, Kodak, Durst Phototechnik AG, and Fujifilm.

Regional Analysis

The European market is also a significant region for the digital printing market, owing to the increasing demand for short-run printing and the presence of leading digital printing vendors. Countries such as Germany, the UK, France, and Italy are major contributors to the market growth in this region.

The Asia-Pacific market is expected to grow at a high rate, owing to the increasing adoption of digital printing technology and the presence of emerging economies such as China and India. The growing demand for customized and short-run printing is also driving the growth of the digital printing market in this region.

The Middle East & Africa region is expected to witness moderate growth in the digital printing market, owing to the increasing demand for customized printing solutions in the region.

Competitive Analysis

In January 2021, Canon Inc. announced its plan to acquire the Dutch printing software company, Gelato, to expand its cloud printing services.

In December 2020, Xerox Corporation announced its acquisition of the digital printing solutions company, CareAR, to enhance its remote IT support services.

In November 2020, Konica Minolta Inc. announced its investment in the Israeli print tech start-up, Massivit 3D Printing Technologies, to expand its 3D printing solutions.

In October 2020, Ricoh Company Ltd. announced its partnership with the printing solutions provider, MarcomCentral, to enhance its web-to-print solutions.

In September 2020, EFI Inc. announced its acquisition of the printing solutions company, BDR Boya Kimya, to expand its inkjet inks portfolio.

In August 2020, Durst Phototechnik AG announced its partnership with the inkjet technology company, Koenig & Bauer, to develop digital printing solutions for the packaging industry.

In July 2020, Mimaki Engineering Co., Ltd. announced its partnership with the software company, OneVision, to enhance its workflow automation solutions.

Segmentation Analysis of The Global Digital Printing Market 2016-2030

The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global Digital Printing market report based on capacity, vehicle, application, and propulsion type along with regional analysis. 

By Type

• Inkjet
• Laser

By Ink Type

• Aqueous
• Solvent
• UV-curable
• Dye Sublimation
• Latex
• Others

By application

• Plastic Films or Foils
• Fabric
• Glass
• Paper/Books
• Ceramic

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America