Infinium Global Research recent report on the Digital Packaging and Labelling Market (By Product Types (Labels, Flexible Packaging, Folding Cartons, Corrugated Boxes Others); By Technology (Inkjet, Electrophotography); By End-user (Food and Beverages, Personal Care, Healthcare, Electronics, Others)): Industry Analysis, Trends, Size, Share and Forecasts up to 2030 provides a comprehensive outline of the features responsible for the growth of the market. The digital packaging and labelling market was valued at about USD 18 billion in 2022 and is expected to reach up to nearly USD 50 billion by 2030, with a CAGR of over 10 % over the forecast period.
To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/701
"We are Now Including the Impact Analysis of COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2023-2030."
The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.
Digital packaging and labelling refer to the application of digital technologies in the creation and production of packaging and labelling materials. This approach allows businesses to produce packaging and labelling that is personalized, visually appealing, and informative. Industries such as Food and Beverage, Pharmaceutical, Cosmetics, Consumer Goods, and E-commerce are among those that benefit from digital packaging and labelling. The process of digital packaging involves utilizing computer-aided design (CAD) software to produce digital prototypes of packaging materials. This technique enables companies to swiftly and cost-effectively test and develop packaging concepts. Digital packaging and labelling come with several advantages, including the ability to produce personalized packaging and labels swiftly and with ease those factors are expected to drive market growth. Additionally, digital packaging and labelling offer a high level of accuracy and precision, minimizing the likelihood of errors and ensuring critical information is displayed accurately also boosts the demand for digital packaging and labelling.
The Food and Beverages Segment is Expected to Grow at the Fastest Rate in the Digital Packaging and Labelling Market
The food and beverage industry utilizes digital packaging and labelling to create attractive and informative packaging that can appeal to consumers. This technology also helps food and beverage companies to comply with regulations regarding product information and labelling. In the food and beverage industry, digital packaging and labelling play a significant role in creating attractive and informative packaging for products. With the help of digital technologies, food and beverage companies can design and produce packaging that not only looks visually appealing but also provides necessary product information to consumers.
Therefore, the food and beverage segment are expected to significantly growth during the forecast period. Digital packaging and labelling enable food and beverage companies to create customized packaging for their products quickly and cost-effectively. They can use computer-aided design (CAD) software to produce digital prototypes of packaging materials, test various designs, and make necessary adjustments before printing the final version. This process allows companies to save time and money by eliminating the need for physical prototypes and reducing the risk of errors in the final product. This factor helps to boost segment growth.
Enquire Here Get Customization & Check the Discount for the Report @ https://www.infiniumglobalresearch.com/market-reports/customization/701
North America is Expected to Hold a Significant Market Share in the Digital Packaging and Labelling Market
The global digital packaging and labelling market have been experiencing significant growth in recent years, driven by technological advancements, increasing demand for personalized packaging, and the need for product differentiation. The Asia-Pacific region is expected to witness significant growth in the digital packaging and labelling market, driven by the increasing demand for packaging solutions in various industries such as food and beverage, cosmetics, and pharmaceuticals. Additionally, the rising adoption of e-commerce and online shopping in the region is expected to boost the demand for personalized and unique packaging solutions. North America is currently the largest market for digital packaging and labelling, primarily driven by the significant presence of major players in the region.
The demand for eco-friendly and sustainable packaging materials, coupled with the increasing popularity of e-commerce and online shopping, has also contributed to the growth of the market in North America. Europe is also a significant market for digital packaging and labelling, driven by the increasing demand for sustainable and eco-friendly packaging solutions. The region is also witnessing increasing regulatory pressure to reduce packaging waste, which is expected to drive the growth of the market further. The digital packaging and labelling market are expected to continue to grow across all regions, driven by technological advancements, increasing demand for personalized packaging, and the need for product differentiation.
Companies Operating in the Digital Packaging and Labelling Market are Focusing on the Development and Innovation of New Products
The companies profiled in the Global Digital Packaging and Labelling Market are Mondi, Graphic Packaging International, LLC, Sonoco Products Company, Weber Packaging Solutions, Xerox Corporation, Amcor plc, Xeikon, Reel Appeal, HP Development Company, and Quad/Graphics. Mondi, a leading global packaging and paper company, announced its acquisition of 90.38% of the outstanding shares of Olmuksan International Paper from International Paper for a total consideration of EUR 66 million in February 2021. Olmuksan is a leading and well-established corrugated packaging player in Turkey, listed on the Istanbul stock exchange. Its network of five plants provides a diverse customer base with high-quality sustainable packaging for food, beverage, agriculture, and industrial applications. Infinium Global Research recent report on the global digital packaging and labelling market is an encompassment of such recent developments in the global marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the market and also estimates the impact of recent developments on the global market.
More Insights on This Report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/701
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of digital packaging and labelling.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
No comments:
Post a Comment