The Europe Digital Printing Packaging Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
Digital printing is the way to go when an order of less than a hundred pieces is required. When it comes to flexible packaging samples, digital printing once again outperforms flexography and other traditional printing methods. It is easier to generate package samples utilizing digital printing and then select offset printing for the final product due to reduced prices and faster printing times.
Unlike offset and flexo printing, digital printing does not require a separate plate for each print run. Rather, all of the colors are printed in one pass. It saves a lot of time by eliminating the requirement for changing plates on a regular basis. Printing on demand has become one of the most popular packaging trends. Digital printing, on the other hand, works well with offset printing and is sometimes required for the job at hand.
The European food and beverages industry is established and serves a lot of the regional population. According to the United Kingdom Government, in 2019, the agri-food industry contributes £128.7 billion to the national Gross Value Added or 9.8%. Following a 5.4% in 2018, the food sector's GVA (excluding agriculture and fishery) climbed by 4.3% in 2019. The GVA of wholesalers increased by 1.9% while manufacturing increased by 8.7% and catering increased by 2.6%. GVA in the retail sector increased by 3.4%. Between 2009 and 2019, the food sector (excluding agriculture and fishery) grew by 49.4%, whereas the overall economy grew by 55%. Because there is a limit to consumer intake capacity, the food business has less room for expansion and must rely heavily on quality improvements.
The Germany market dominated the Europe Digital Printing Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,268.6 million by 2028. The UK market is estimated to witness a CAGR of 7.5% during (2022 - 2028). Additionally, The France market would grow at a CAGR of 9.2% during (2022 - 2028).
Based on Printing Technology, the market is segmented into Inkjet and Electrophotography. Based on Packaging Type, the market is segmented into Labels, Corrugated, Folding, and Flexible. Based on Industry, the market is segmented into Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, Electronics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Digital Printing Packaging Market will Hit $35.4 Billion by 2028, at a CAGR of 9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HP, Inc., Xerox Corporation, Mondi Plc, Eastman Kodak Company, DuPont de Nemours, Inc., Quad/Graphics, Inc., DS Smith Plc, Traco Packaging (Traco Manufacturing, Inc.), and Xeikon N.V.
By Printing Technology
By Packaging Type
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