How big is the digital printing market?

The global digital printing market size was estimated at USD 38.07 billion in 2023 and is expected to reach USD 39.82 billion in 2024.

What is the digital printing market growth?

The global digital printing market is expected to grow at a compound annual growth rate of 6.2% from 2024 to 2030 to reach USD 57.03 billion by 2030.

Which segment accounted for the largest digital printing market share?

The packaging segment claimed the largest market share of 51.7% in 2023 in the digital printing market, driven by the increasing demand for digitally printed labels, which are essential for enhancing brand recognition and strengthening brand image through unique designs.

Who are the key players in the digital printing market?

Prominent players in the digital printing market are HP Inc., Canon, Inc., Ricoh Company, Ltd., Mimaki Engineering Co., Ltd., Roland DG Corporation, Xerox Corporation, Seiko Epson Corporation, DUST GROUP AG, Brother Industries, Ltd., Electronics For Imaging, Inc.

What are the factors driving the digital printing market?

The digital printing market is driven by factors such as technological advancements, growth in textile and packaging sectors, reduced per-unit cost of printing, increased focus on supply chain management and time-efficient production, and growing demand for personalized products.