Digital Printing Market size was valued at US$ 214.64 Bn. in 2021 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 global business consulting firm Maximize Market Research has announced a global business intelligence report on the Digital Printing market. The report indicates the lucrative growth for Digital Printing market suppliers in the forecast period through 2029. The report provides a competitive and pricing analysis along with the regional demand and supply and production analysis in it. It specifies its main segmentation and key drivers of the industry.
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Market Scope
The market intelligence report on Digital Printing market provides the readers with valuable information on the specific market drivers, challenges, restraints and market penetration and the opportunities prevailing in the market. The detailed analysis of the various segments of the market helps the stakeholders and investors to formulate investments and production decisions. While researching the market the quantitative and qualitative methods are used to properly analyse the industry. The sizes of the market and growth rate are covered in the report. The keys players and the new entrants in the market are analysed to understand a comprehensive competitive analysis.
Research tools are also used to understand the market’s strength, weakness, new opportunities and challenges coming in forecast period. Tools such SWOT, PESTLE and PORTER’s five forces are used to analyse to understand underlying factors affecting the industry.
Market Dynamics
Digital printing effortlessly changes graphics and messages utilizing Variable Data Printing. Digital printing's earlier drawbacks are gradually dissipating as print superiority and speed improve, and digital printing equipment is closing the gap on offset output. This boosts the remarkable growth of the Global Digital Printing Market.
The cutting-edge technology in comparison to old-fashioned printing methods like offset printing and solid ink printing, digital printing uses minor solvents and fewer contaminated chemicals, hence result of the increased emphasis on green printing and cost-effective production, demand for digital printing solutions in the printed electronics sector is increasing.
Segmentation
Due to its 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 costs, maintenance requirements, and printing costs, laser printing is an expensive type.
The aqueous link type of ink currently holds a market share in the global digital printing industry. The most popular kind of ink, aqueous, is used in all popular printers. Aqueous ink has features like evaporation, open time, and nozzle wetting and is used as a pigment, dye, or combination as the colourant. According to market demand and analysis in the report, other links like solvent and dye sublimation held the market share.
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Key Players
• Canon, Inc.
• Ricoh Company, Ltd.
• Mimaki Engineering Co., Ltd.
• Roland DG Corporation
• Xerox Corporation
• Seiko Epson Corporation
• Durst Phototechnik AG
• Electronics for Imaging, Inc.
• Inca Digital Printers Limited
• Printronix
• Brother Industries, Ltd.
• Oki Electric Industry
• Kyocera Corporation
• Toshiba
• Samsung Electronics
• Konica Minolta
• Sharp
• Panasonic
Regional Analysis
Digital Printing Region dominated the market in 2021 and is also expected to witness the significant growth during the forecast period. The regional analysis in the report includes geographic condition of the market revenue as well as in depth research into the business network structure, opportunities and news updates. It also guides investors to plan the market strategies which are suitable and applicable in specific regions.
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Key Questions answered in the Digital Printing Market Report are:
Key offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 08, 2023