Digital Printing Market to Reach $17.5 Billion in Sales By 2026 | IndustryARC
Market Research Reports, Business Consulting Services & Analytics
IndustryARC predicts that the Global Digital Printing Market will continue to grow at a rapid pace.
HYDERABAD TELANGANA INDIA, November 4, 2022 /EINPresswire.com/ – IndustryARC’s latest report predicts that the Digital Printing Market will reach US$17.5 Billion by 2026 at a CAGR 12.1% between 2021-2026. The factors that drive the market growth include rapid industrialisation, increasing demand from textile and packing industries, and other factors. The market growth is also aided by the growing demand for printing for ecommerce. Globally, the main growth drivers of digital print heads are the development of a wide range of options, increase in adoption in advertising and textile industries, and increasing use of UV Curable Inks and dye sublimation. The report provides a comprehensive analysis of the market, its major segments and growth factors, as well as key players, challenges, drivers, and key players.
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The Key Takeaways
The following areas are highlighted in the IndustryARC report on Digital Printing Market.
• Fast multimedia connectivity, interactivity and an ‘always going’ culture in acquaintances have fuelled market development.
• Moreover, the development of the packaging and textile industries and the decrease in the cost of digital printer printing per system speed up the growth of digital printing technology worldwide.
• APAC region is anticipated to dominate the global digital printing market in the forecast period 2021-2026 owing to growing digitization, industrialisation technological developments, growth of textile industries and others.
Segmental Analysis:
• Digital printing market is segmented into Aqueous, Solvent, UV-cured, Latex, Dye sublimation and others. At 36.2%, UV-cured ink was the most dominant segment in 2020. It is also expected to see significant market growth over the forecast period 2021-2026.
• Laser print head type segment held a market share of digital printing in 2020 at 31.2%. It is expected to experience the fastest market growth in the 2021-2026 forecast period. Laser printers are gaining popularity due to the need for more advanced printing technology to improve flexibility, performance, and overall workflow.
• APAC region is anticipated to observe the significant market growth during the forecast period 2021-2026 at 15.0%. The rapid growth of industrialisation has led to an increase in demand digital printing. Market growth is also being driven largely by technological advancements and improving methods of printing.
Click the link below to download the Digital Printing Market Report.
https://www.industryarc.com/reports/request-quote?id=19310
Competitive Landscape
The Digital Printing Industry’s Top 5 Players are:
1. Canon Inc.
2. Hewlett-Packard Development Company LP
3. Mimaki Engineering Co. Ltd.
4. Ricoh Company Ltd.
5. RoLAnd Dg Corporation
Click here for the complete report summary
https://www.industryarc.com/Report/19310/digital-printing-market.html
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