Verifiedmarketresearch has published a report entitled Global Digital Printing Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to Verified Market Research, the Global Digital Printing Market was valued at USD 21.35 Billion in 2018 and is projected to reach USD 33.49 Billion by 2026, growing at a CAGR of 5.76 % from 2019 to 2026.
The major manufacturers covered in this report- Ricoh Company, Ltd., Miami Engineering Co., Ltd., Xerox Corporation, Seiko Epson Corporation, DIC Corporation, Toyo Ink Sc Holdings Co., Ltd., and Sakata Inx Corporation
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What is the Digital Printing?
Digital Printing is a modern method of production that allows for printing from electronic files. Digital printing can be defined as the process of printing digital-based images, which can be directly printed onto various media substrates (paper, photo paper, canvas, fabric, synthetics, cardstock, and other substrates). Digital printing does not require a printing plate in contrast to the more traditional offset printing.
Digital printing involves the document to re-create on a computer and then printed directly onto the material of your choice. Digital printing is an alternative to various other more conventional methods much as lithography, flexography, gravure, letter press, and others. The technology of digital printing eliminates several of the mechanical steps that are usually required for more traditional printing methods such as manually stripping pieces together, making plates or making films and color proofs.
With the emergence of digital printing came the broadening of the scope for several industries. Digital printing allows for the printing of digital-based images, to be directly printed onto various media substrates such as paper, photo paper, canvas, fabric, synthetics, cardstock and other substrates. This increase in the opportunity for a customizable technique that allows for conventional materials such as fabric and packaging material lead to the significant facilitation of the packaging and the textile industry.
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Global Digital Printing Market: Segmentation
The Digital Printing market is segmented on the basis of type, ink type, print head type, substrate type and geography. On the basis of ink type, the market is bifurcated into Aqueous Ink, Solvent Ink, UV-Cured Ink and Others.
Digital Printing market on the basis of ink type
The market for UV-Cured ink is expected to grow at the highest CAGR over the forecast period. UV cured inks typically contain reactive monomers, oligomers, pigments and additives, and photoinitiators. The biggest advantage of UV cured inks is that the inks offer instant drying on a wide range of substrates from metals, glass, and ceramics to flexible packaging, thin-gauge polymeric films, and more. With the increasing availability of curing technologies, new delivery systems, and raw materials the scope for UV cured ink is growing.
Market Segment by Regions, regional analysis covers 2019-2026:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What are the Digital Printing market factors that are explained in the report
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Digital Printing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Verified Market Research provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Verified Market Research provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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