Analysis – by Ink Type (Solvent-based, UV-based, Aqueous, and Others), Packaging Type (Corrugated, Folding Cartons, Flexible Packaging, Labels, and Others), and End-Use Industry (Food and Beverage, Pharmaceuticals, Personal Care and Cosmetics, and Others)
No. of Pages:137
Report Code:
BMIRE00028074
Category:
Chemicals and Materials
South & Central America Digital Printing Packaging Market
The South & Central America digital printing packaging market is expected to grow from US$ 684.51 million in 2022 to US$ 1,182.58 million by 2028. It is estimated to grow at a CAGR of 9.5% from 2022 to 2028.
Rising Demand for Sustainable Packaging is Driving the South & Central America Digital Printing Packaging Market
Sustainable printing is important for reducing the adverse impact of offset printing on the environment. Compared to analogue, or conventional printing, digital printing is a far more sustainable option since it uses less energy, produces less waste, and has a smaller carbon footprint overall. The materials involved in digital print – from the inks to the films – are also sustainable. Further, digital printing packaging uses recycled and renewable products. Process-free plates, including cold press plates, are used to eliminate volatile compounds, expanding the adoption of digital printing. Unlike conventional printing, digital printing does not employ photo chemicals or film plates, eliminating the pre-press phases between the digital document file and the final print. The usage of digital printers does not replace plate, which saves time and costs. In addition, digital presses do not create harmful toxic pollutants. Hence, they do not require the ventilation required for offset presses, which reduces their overall energy consumption. Also, as a sustainable printing method, digital presses use a wide range of recycled substrates for printing. The rising demand for sustainable printing and flexible packaging is expected to boost the growth of the South & Central America digital printing packaging market during the forecast period.
South & Central America Digital Printing Packaging Market Overview
The South & Central America digital printing packaging market is sub segmented into Brazil, Argentina, and the Rest of South & Central America. Despite the ongoing surge in COVID-19 cases, South & Central America's digital printing packaging sector seems to be benefiting from a speedy recovery in the region's economy. According to the Brazilian Packaging Association (ABRE), Brazil reached a gross value of US$ 17.2 billion in packaging's physical production in 2020, a growth of 22.3% over the previous year. Moreover, increasing investments by major food and beverage manufacturers such as Coca-Cola is expected to propel the growth of the South & Central America digital printing packaging market in South & Central America during the forecast period. The rise in investment in R&D activities and technological innovation related to digital printing packaging is also expected to bolster the growth of the South & Central America digital printing packaging market.
South & Central America Digital Printing Packaging Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Digital Printing Packaging Market Segmentation
The South & Central America digital printing packaging market is segmented into ink type, packaging type, and end-use industry and country.
Based on ink type, the South & Central America digital printing packaging market is segmented into solvent-based, UV-based, aqueous, and others. In 2022, the solvent-based segment registered a largest share in the South & Central America digital printing packaging market.
Based on packaging type, the South & Central America digital printing packaging market is segmented into corrugated, folding cartons, flexible packaging, labels, and others. In 2022, the corrugated segment registered a largest share in the South & Central America digital printing packaging market.
Based on end-use industry, the South & Central America digital printing packaging market is segmented into food and beverage, pharmaceuticals, personal care and cosmetics, and others. In 2022, the food and beverage segment registered a largest share in the South & Central America digital printing packaging market.
Based on country, the South & Central America digital printing packaging market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered a largest share in the South & Central America digital printing packaging market.
DS Smith Plc; DuPont de Nemours Inc; HP Inc; Mondi Plc; Quad/Graphics Inc; Xeikon BV; and Xerox Holdings Corp are the leading companies operating in the South & Central America digital printing packaging market.
South & Central America Digital Printing Packaging Market Strategic Insights
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South & Central America Digital Printing Packaging Market Segmentation Analysis
South & Central America Digital Printing Packaging Market Report Highlights
South & Central America Digital Printing Packaging Report Scope
Report Attribute
Details
Market size in 2022
US$ 684.51 Million
Market Size by 2028
US$ 1,182.58 Million
CAGR (2022 - 2028)
9.5%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Ink Type
Solvent-based
UV-based
Aqueous
By Packaging Type
Corrugated
Folding Cartons
Flexible Packaging
Labels
By End-Use Industry
Food and Beverage
Pharmaceuticals
Personal Care and Cosmetics
Regions and Countries Covered
South and Central America
Brazil, Argentina, Rest of South and Central America
Market leaders and key company profiles
DS Smith Plc
DuPont de Nemours Inc
HP Inc
Mondi Plc
Quad/Graphics Inc
Xeikon BV
Xerox Holdings Corp
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South & Central America Digital Printing Packaging Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South & Central America Digital Printing Packaging Market
DS Smith Plc
DuPont de Nemours Inc
HP Inc
Mondi Plc
Quad/Graphics Inc
Xeikon BV
Xerox Holdings Corp
Frequently Asked Questions
How big is the South & Central America Digital Printing Packaging Market?
The South & Central America Digital Printing Packaging Market is valued at US$ 684.51 Million in 2022, it is projected to reach US$ 1,182.58 Million by 2028.
What is the CAGR for South & Central America Digital Printing Packaging Market by (2022 - 2028)?
As per our report South & Central America Digital Printing Packaging Market, the market size is valued at US$ 684.51 Million in 2022, projecting it to reach US$ 1,182.58 Million by 2028. This translates to a CAGR of approximately 9.5% during the forecast period.
What segments are covered in this report?
The South & Central America Digital Printing Packaging Market report typically cover these key segments-
Ink Type (Solvent-based, UV-based, Aqueous)
Packaging Type (Corrugated, Folding Cartons, Flexible Packaging, Labels)
End-Use Industry (Food and Beverage, Pharmaceuticals, Personal Care and Cosmetics)
What is the historic period, base year, and forecast period taken for South & Central America Digital Printing Packaging Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Digital Printing Packaging Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in South & Central America Digital Printing Packaging Market?
The South & Central America Digital Printing Packaging Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
DS Smith Plc
DuPont de Nemours Inc
HP Inc
Mondi Plc
Quad/Graphics Inc
Xeikon BV
Xerox Holdings Corp
Who should buy this report?
The South & Central America Digital Printing Packaging Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South & Central America Digital Printing Packaging Market value chain can benefit from the information contained in a comprehensive market report.
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