Bangalore, India, 20th July 2020 / PRNewswire / – The rise of online media has created fierce competition for operators in the printing industry over the past decade. Despite this trend, the digital printing industry has seen growth.
The global digital printing market size is expected to be reached $ 27.2 billion until 2026 from USD 20.9 billion in 2019 at a CAGR of 3.8% over the period 2021-2026.
As the market for commercial printers has declined, they have increasingly used digital printing techniques over more conventional press operations. Digital printing services lower operating costs and allow operators to offer customers more flexibility. As a result, sales in the digital printing industry grew.
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DIGITAL PRINT MARKET SIZE
The increased flexibility, low cost per device and emerging technology are expected to help the industry expand for traditional print service providers in the face of emerging digitization.
In addition, the growth in the size of the digital printing market is being driven by the advancement of the packaging and textile industries.
Traditional printing methods cannot meet the current demands of the fashion industry, and printers are forced to look for new ways to keep the consumer happy without increasing costs. Inkjet printing technology, originally developed for printing on paper, is now increasingly used in the textile printing industry to meet the requirements of the textile market. This takeover by the textile and fashion industry is expected to boost growth in the digital printing market.
The industry is seeing an increasing demand for high quality packaging materials from various industries that manufacture cosmetics, alcoholic beverages and household products. This, in turn, will drive the growth in the global size of the digital printing market.
The high acquisition costs in digital printing are hindering the growth of the digital printing industry. These costs included the purchase price and installation fees, maintenance and support costs, and ink and other consumables.
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DIGITAL PRINTING MARKET SHARE
Laser print heads are expected to hold the largest digital printing market size during the forecast period. The key factor in the growth of the laser printer is the increasing demand for advanced printing technologies to improve productivity and performance.
The APAC market is expected to grow at the highest rate of growth between 2017 and 2023. In addition, APAC is the market leader in the textile printing industry. China and India are the main suppliers of textiles and make up most of the textile printing manufacturers.
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SEGMENTATION OF THE DIGITAL PRINT MARKET
Breakdown data for digital printing by type
- UV curable
- Dye sublimation.
Breakdown data for digital printing by application
- Plastic sheets or films
- Let go of the liner
- Hewlett Packard
- Ricoh Company, Ltd.
- Mimaki Engineer G.
- RoLAnd Dg Corporation
- Xerox Corporation
- Seiko Epson Corporation
- Durst Phototechnik Ag
- Electronics for imaging
- Inca Digital Printers Limited
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● Digital Textile Printing Market Report
The main factors driving the growth of the digital textile printing market include the growing demand for sustainable printing, the increasing demand for digital textile printing in the apparel and advertising industries, the shortening of the lifespan and faster adaptability of fashion designs, and the development of new technologies in the textile industry and reduced unit cost for printing with digital printers.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-5W427/global-united-states-european-union-and-china-digital-textile-printing
● Digital Packaging Printing Market report
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26E1693/global-digital-packaging-printing
● Digital Textile Printing Machine Market Report
The global market for digital textile printing machines is rated with $ 173.2 million in 2020 is expected to reach USD 259.9 million by the end of 2026.
Major players in the market include Durst, Electronics for Imaging (EFI), Konica Minolta, Kornit Digital, Mimaki, ROQ International and Sawgrass Technologies. Seiko Epson, SPG prints, M&R etc.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8N1505/global-digital-textile-printing-machine
● Commercial Online Printing Market report
The size of the commercial online printing market is expected to grow rapidly in the forecast period due to the increasing acceptance of digital printing, hybrid printing and the further development of the communication network infrastructure.
Major Regions Covered in Commercial Online Printing Market report are: North America, Europe, China, Japan, South East Asia, Indiaand Central & South Americaetc. The report provides a country specific and regional market size for the period 2015-2026. It also includes the market size and forecast by type and application segment in terms of sales for 2015-2026.
View full report: https://reports.valuates.com/market-reports/QYRE-Auto-11G1200/global-commercial-online-printing
● Aqueous Packaging Printing Market Report
This report studies the Waterborne Packaging Printing market size (value and volume) by players, regions, product types and end industries, historical data 2013-2017 and forecast data 2018-2025.
The Waterborne Packaging Printing market report also studies the competitive landscape of the global market, market drivers and trends, opportunities and challenges, risks and barriers to entry, distribution channels, distributors, and Porter’s five forces analysis.
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● UV Curable Packaging Printing Market Report
View full report: https://reports.valuates.com/market-reports/QYRE-Othe-0K268/uv-curable-packaging-printing
● Dye Sublimation Printer Market Report
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0D1970/global-dye-sublimation-printer
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