Digital Printing Packaging Market Size, Share, Growth Analysis, By Type of packaging(Flexible Packaging and Inkjet technology.) - Industry Forecast 2024-2031

Digital Printing Packaging Market size was valued at USD 27 billion in 2021 and is poised to grow from USD 29.4 billion in 2022 to USD 58.16 billion by 2030, growing at a CAGR of 8.9% in the forecast period (2023-2030).

Digital printing for packaging is a modern printing technique that employs electronically controlled laser and inkjet printers for the printing process. This method is particularly suitable for handling smaller to medium-sized files in various formats. The application of laser printer technology in packaging enables the creation of fresh and diverse designs in a multitude of colors. This technology is effectively utilized to imprint promotional offers onto packaging materials, and its array of advantages has captured the interest of consumers.

The surge in demand for flexible packaging and a growing emphasis on environmentally sustainable printing have been key drivers for the expansion of the digital printing packaging market. Recent advancements in digital printing technologies have significantly widened the possibilities for flexible packaging, corrugated wraps, and folded cartons.

Driven by this strong demand, many industry players have extended their production capacities, thereby fostering market growth. As an example, Elanders AB collaborated with HP Inc. and is set to enlarge its LGI plant in Germany. Colordruck Baiersbronn augmented its printing-packaging operations by incorporating the Landa S10 nano graphic press into its folded carton production plant in May 2016. Nevertheless, factors such as fluctuations in raw material prices and the high production costs could potentially constrain the growth trajectory of the digital printing packaging sector.

US Digital Printing Packaging Market is poised to grow at a sustainable CAGR for the next forecast year.