Digital Printing Market by Ink (UV-cured, Aqueous, Solvent, Latex, and Dye Sublimation), Printheads (Inkjet and Laser), Substrate (Plastic Film or Foil, Release Liner, Glass, Textile, Paper, and Ceramic), and Geography: Global Market Size Estimates and Forecast (2022–2030)

The market crossed US$ 25.4 billion mark in 2022 and is expected to hit US$ 40.0 billion by 2030, recording a CAGR of 5.8% during the forecast period.

Digital Printing Market has been significantly growing with the increased Developments in the packaging and textile industries.

The increasing developments in the textile industry are marking the growth of the Digital printing market. Unlike earlier, multinational brands are investing in new technologies for the overall market, wherein the company used technologies for niche sections of the market. Manufacturers are producing dedicated textile-specific printing systems to cater to more orders. The rise in speed with new sustainable ink technologies is driving the growth of digital printers in the textile printing market. The major demand is derived from the clothing department, which falls under two categories: Fashion and software. Digital printers are also used for printing small designs on the garments such as t-shirts, dresses, and promotional wear and printing larger designs in textiles.

Within the report, the market is segmented into ink, print head, substrate, and geography. By print head, the market is further bifurcated into Laser and inkjet. By Ink, the market is segmented into UV-cured, Aqueous, Solvent, Latex, and Dye Sublimation. Based on substrate, the market is segmented into Plastic Film or Foil, Release Liner, Glass, Textile, Paper, and Ceramic. Geographically, the market is sub-segmented into North America, Asia Pacific, South & Central America, and Middle East & Africa.

The Digital printing market is a far-reaching technology that empowered the growth in the APAC region.

The digital printing market trends are analyzed across Asia-Pacific, North America, South America, Europe, and Middle East and Africa. Asia-pacific is expected to experience the highest growth rate during the speculation time. In the region, significantly in Japan, the country remains a significant participant in the global supply chain market. Organizations in the region are intensely putting resources into the technology, for example, using multifunction printing technology for cost-efficient methods.

The rapid adoption of digital printers in residential and commercial sectors impacts the growth of the digital printing industry.

Increase in adoption of digital printers in residential and commercial sectors, surge in penetration of IoT and AI-based technologies, and increase in inkjet printer technology in food and beverages are some of the key market trends. Adopting digital printing in healthcare, automotive and textile industries is expected to propel opportunities for the digital printer market.

Get more information on this report : Request Free Sample PDF

Recent strategic developments in the Digital printing market

The Industrial air compressor market has undergone several significant developments, and a few of these have been mentioned below:

• In February 2021, EFI announced a new reforestation initiative collaborating with new EFICretaprint ceramic printer sales. With this new initiative, EFI will plant 17 trees for every new Cretaprint printer sold, a symbolic number equivalent to approximately three tons of CO2 emissions, according to 2019 greenhouse gas reporting.
• In January 2021, Roland DG Corporation launched the new wide-format printer/cutters, VersaUV LEC2-640/330 64" and 30".
• In May 2022, Hewlett- Packard announced the launch of two new digital platforms, H.P. Indigo 15K digital press equipped with F.M. screens and a wider range of substrates. And H.P. Indigo 100K digital press is made for printers with medium to the high volume of short runs and minimizes turnaround time.

The target audience for the report:

• Substrate providers
• Textile printing-related service providers
• Industrial air compressor-related organizations and alliances
• Venture capitalists, private equity firms, and start-up companies
• Digital printer component suppliers
• Digital printing distributors and sales firms
• End users of digital printers
• Consulting companies

Scope of the report:

In this report, the market has been segmented based on:

• By Ink:
  • UV-cured
  • Aqueous
  • Solvent
  • Latex
  • Dye Sublimation
• By print head:

• • Inkjet
  • Laser

• Substrate

• • Plastic Film or Foil
  • Release Liner
  • Glass
  • Textile
  • Paper
  • Ceramic

• Region
  • North America
  • Asia Pacific (APAC)
  • South & Central America
  • Middle East & Africa
  • Europe
• Companies profiled
  • Canon Inc
  • Durst Phototechnik AG
  • Electronics For Imaging, Inc. (EFI)
  • H.P. Development Company, L.P.
  • Inca Digital Printers Ltd.
  • Mimaki Engineering Co., Ltd.
  • Ricoh Co Ltd
  • Roland DG Corporation
  • Seiko Epson Corporation
  • Xerox Corporation