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 Digital Printing Market research provides a full competition picture, including market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Digital Printing Market, as well as the causes for variances in the industry's growth in different areas.
Market Scope:
To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
Dynamics:
Variable Data Printing, a technique used in digital printing, allows for simple adjustments to visuals and messages. The initial shortcomings of digital printing are rapidly disappearing as print quality and speed advance, and digital printing technology is catching up to offset output. This fuels the global market for digital printing's impressive expansion.
Digital printing is a cutting-edge technology that uses fewer contaminated chemicals and minor solvents than traditional printing techniques like offset printing and solid ink printing. As a result of the growing emphasis on environmentally friendly printing and efficient production, demand for digital printing solutions in the printed electronics industry is rising.
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Segmentation:
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
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Key Players: The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Digital Printing Market 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
Regional Analysis: The region portion of the Digital Printing Market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. Geographic market assessment is based on the existing scenario and predicted developments.
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COVID-19 Impact Analysis on Digital Printing Market:
Following the outbreak of the pandemic, end-user sectors where Digital Printing Market are used had a fall in growth from January to May in a variety of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a suspension in operations. This resulted in a major decrease in the revenues of firms operating in these industries and, as a consequence, in demand for Digital Printing Market manufacturers, influencing the growth of the Digital Printing Market in 2020. With lockdowns and a rising number of COVID-19 cases throughout the world, the demand for Digital Printing Market from end-user businesses has decreased significantly.
Key Questions answered in the Digital Printing Market Report are:
- Which are the major companies in the Digital Printing Market?
- Which is the potential market for Digital Printing Market in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the market in the next seven years?
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