U.S. markets open in 6 hours 10 minutes
  • S&P Futures

    4,285.00
    -13.25 (-0.31%)
     
  • Dow Futures

    33,817.00
    -56.00 (-0.17%)
     
  • Nasdaq Futures

    13,629.25
    -52.00 (-0.38%)
     
  • Russell 2000 Futures

    2,018.40
    -5.40 (-0.27%)
     
  • Crude Oil

    88.77
    -0.64 (-0.72%)
     
  • Gold

    1,793.40
    -4.70 (-0.26%)
     
  • Silver

    20.10
    -0.17 (-0.82%)
     
  • EUR/USD

    1.0140
    -0.0025 (-0.24%)
     
  • 10-Yr Bond

    2.7910
    0.0000 (0.00%)
     
  • Vix

    19.95
    +0.42 (+2.15%)
     
  • GBP/USD

    1.2016
    -0.0042 (-0.35%)
     
  • USD/JPY

    133.7170
    +0.4450 (+0.33%)
     
  • BTC-USD

    24,012.87
    -102.51 (-0.43%)
     
  • CMC Crypto 200

    569.22
    -21.54 (-3.65%)
     
  • FTSE 100

    7,534.48
    +25.33 (+0.34%)
     
  • Nikkei 225

    28,868.91
    -2.87 (-0.01%)
     

Digital Printer Market- Increasing Demand for Sustainable Packaging Driving Popularity of Digital Screen Printing, Fact.MR Report

·8 min read
FACT.MR
FACT.MR

New Digital Printer Manufacturers Should Focus on Integration of Advanced Technologies & Create Innovative Products

United States, Rockville MD, July 19, 2022 (GLOBE NEWSWIRE) -- A market research and competitive intelligence provider called Fact.MR states that the global Digital printer market would be worth US$ 24.65 Billion in 2022 and have a CAGR of 6.3% between 2022 and 2032. Fact.MR emphasizes that with growing usage of printing in several applications, the digital printer market is expected to witness revolution in the form of increased speed and precision.

With digitization taking over, the digital printers market is expected to grow on an impertinent note in the forecast period. Also, the fact that digital cameras are being used in an aplomb can’t be ignored. The textile industry is also into digital prints. These factors are also helping in catalysing the digital printer market.

For Critical Insights on Digital Printer Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=469

Sustainability has been a popular trend across the world over the past few years and is expected to only get significant over the forecast period. The demand for sustainable packaging is higher than ever before and the use of digital printers makes this possible at a reasonable cost.

Hence, as demand for sustainable packaging and printing solutions increases, it is projected to drive the sales of digital printers through 2032. UV-curable inks are anticipated to be highly popular due to their eco-friendly nature and ability to protect against UV radiation that could harm the quality of prints.

How Will the Digital Printer Industry Perform on a Regional Level?

“North America Leads Global Digital Printing Business Landscape”

The North America digital printer market currently accounts for a major market share of 32.7% and is valued at US$ 8.06 billion in 2022. Increasing focus on sustainable packaging, rapid adoption of novel printing technologies, presence of key digital printing companies, and increasing adoption of digital printers in the textile industry are major factors that influence the digital printer market potential over the coming years.

Increasing advancements in nanotechnology are projected to drive the growth of nano-graphic printing technology in this region. High investments in research and development of novel printing technologies are also projected to favour digital printer market growth.

Demand for digital printers is anticipated to soar high in the region of Europe owing to the presence of key packaging companies and increasing focus on sustainability. Germany, France, Italy, and the U.K. are anticipated to lead the growth in this region through 2032.

In 2022, the Europe digital printer market stands at a value of US$ 7.29 billion and holds a market share of 29.6% in the global industry. The demand for UV-curable inks is anticipated to be high in this region owing to their eco-friendly nature and low cost.

To learn more about Digital Printer Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=469

Key Segments Covered in the Digital Printer Industry Survey

  • Digital Printer Market by Product Type :

    • Inkjet Printers

    • Laser Printers

  • Digital Printer Market by Ink Type :

    • Aqueous Inks

    • Solvent Inks

    • UV-curable Inks

    • Dye Sublimation Inks

    • Latex Inks

    • Others

  • Digital Printer Market by Region :

    • North America

    • Latin America

    • Europe

    • APAC

    • MEA

Market Developments

Digital fabric printing technology is the latest trend and does have a broad scope of advancement and enhancement. The market players are into exploration this to make a mark in the digital printer market.

  • Kornit Digital Ltd. made its exclusive fabric printing technologies available to fashion designers, so as to make way for novel collections. Apollo DTG (direct-to-garment) system was used by designers – Nataf Hirschberg and Yanky Golian for printing blended color gradients on the garments.

  • Canon, in 2021, did announce acquiring Redlen Technologies (Canada). This acquisition led them to lay their hands on the latter’s advanced radiation detection technologies and AI-imaging technology.

Get Customization on Digital Printer Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=469

Key players in the Digital Printer Market

  • Hewlett-Packard Development Company

  • Canon Inc.

  • Seiko Epson Corporation

  • Xerox Corporation

  • Ricoh Company Ltd.

  • Durst Phototechnik AG

  • Inca Digital Printers Limited

  • Printronix

Key Takeaways from Digital Printer Market Study

  • North America accounts for 32.7% of the digital printer market and the market scenario is expected to remain the same even going forward.

  • Europe holds the second-largest market share – 29.6%.

  • Digital fabric printing technology is expected to dominate the digital printer market in the years to come.

  • Sustainable packaging to take the digital screen printing market by storm in the forecast period.

  • The global digital printer market is likely to reach US$ 45.41 Bn by the year 2032.

About the Technology Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned technology team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the technology industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Explore Fact.MR's Coverage on the Technology Domain-

Big Data Analytics in Healthcare Market- The global big data analytics in healthcare market is estimated at US$ 39.7 billion in 2022. Data as a technology has been adopted by healthcare industry stakeholders rapidly and is being monetized, which is slated to push the global big data analytics in healthcare market to grow at CAGR of over 19%, and register total market value of US$ 194.7 billion by 2032 end

SiC & GaN Power Semiconductor Market- The global SiC & GaN power semiconductor market is estimated at US$ 884 million in 2022. Demand of SiC & GaN power semiconductor devices is forecast to surpass the market value of US$ 6,954 million by 2032. Stupendous growth rate of 22.9% is projected for the demand of these electronic discrete components during the forecast period of 2022-32.

E-commerce Software and Platform Market- The e-commerce software and platform market has garnered a market value of US$ 3.81 Bn in 2022, anticipated to register a positive CAGR of 12.5% in the forecast period 2022-2032 and reach a value of US$ 12.37 Bn.

3D Scanner Market- The global 3D scanner market garnered a market value of US$ 1.23 Bn in 2021 and is expected to register a CAGR of over 15% in the assessment period 2022-2032 by accumulating a market value of US$ 5 Bn.

Clinical Trial Management Systems Market- Deployment of clinical trial management systems are slated to accelerate at a high CAGR of 13.6% to top US$ 4.6 Bn by 2032. Demand for web-based clinical trial management systems is expected to witness expansion at a CAGR of 13.9%.

Content Moderation Solutions Market- The global content moderation solutions market witnessed exceptional growth in recent years, and is poised to reach US$ 26 Bn by the end of the 2022-2032 forecast period.

Video Streaming Market- The video streaming market is likely to garner a market value of US$ 50 Bn in 2022, expected to register a CAGR of over 17% from 20220-2032, accumulating a market value of US$ 241 Bn.

Programmable Stage Lighting Market- The global programmable stage lighting market is anticipated to witness a CAGR of 5% during the forecast period from 2022 to 2032. The market is anticipated to be valued at US$ 2.85 Bn by 2032, up from US$ 1.75 Bn in 2022.

Smart Lock Market- The global smart lock market will grow at an impressive 16% CAGR to touch the US$ 19 Bn mark through 2032. Bulk of the smart lock industry revenue is likely to be generated by the United States, capturing over 3/5th of total demand.

Transportation Management System Market- The global transportation management system market is expected to accumulate a market value of US$ 6.9 Bn in 2022. The industry will register a staggering double-digit CAGR of 10.7%. The sales of transportation system are expected to surpass US$ 19.1 Bn through the forecast period 2022-2032.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter