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Tailor-made variations in digital printing offered for extending the on-shelf life of products is also facilitating the transformation of packaging industry. Commercialization is possible by effective use of digital printing packaging on corrugated boxes, labels, and cartons. The digital printing packaging is expected to experience huge opportunities with the increase in adoption of tailor-made caps which open up with colorful choices for brand owners.
The global Digital Printing Packaging Industry is highly competitive and is characterized by the presence of few leading market players. The End-users of digital printing usually prefer the products manufactured by experienced players in the market for making long-time investments. This leads to existence of smaller number of regional vendors in the market. Multitude of vendors is increasingly coming up with technologically advanced products with the objective of improving customer experience and simultaneously gaining a competitive edge over other vendors.
Segmentation
Segmentation by Packaging Type - Labels, Flexible Packaging, & Other
Segmentation by Technology - Inkjet, Electrophotography & Others
Segmentation by Application - Boxes, Cans, Bottles, and Others
Segmentation by End-User - Food & Beverages, Personal care, Pharmaceuticals, Electronics Goods and Others
Segmentation by Regions: North America, Europe, APAC and Rest of the World. COVID-19 Impact
Regional Analysis
North America region is leading the global Digital Printing Packaging Industry due to the huge investments made by the players for promoting digital printing packaging. The market in Europe is growing with the increase in demand for more attractive packaging solutions by the buyer. In Europe, Germany is the most demanding region for use of such Digital Printing Packaging Industry.
Asia Pacific is leading the growth of the global Industry owing to the presence of developing countries in the region such as India and China with increasing disposable income of the people and changing consumer taste and preferences. Also, the rapidly increasing food & beverage industries in China is positively impacting the global market growth. Industries in the region are projected to adopt high-quality standard and customized solution for digital printing packaging, which will in turn drive the growth of the global market.
In Latin America, countries such as Mexico, Brazil, and Argentina are expected to generate market opportunities for various market players who are operating in the global market for digital printing packaging.
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