Technological Advancements in Digital Printing is Driving the North America Digital Printing Packaging Market
In the field of packaging, printing, and labeling, technological developments are rising rapidly. Digital printing offers packaging personalization, production flexibility, and saves packaging time to market. Due to various equipment improvements and technological developments, brand owners and packaging converters are preferring digital printing. Innovation in digital printing offers solutions for companies to reduce production duration from months to days. Technological advancements in digital printing packaging also help in branding and marketing. Direct prints on packaging provide a unique look to the products. Digital printing packaging is prominently used in various industries, including food & beverages, pharmaceuticals, and personal care & cosmetics. Owing to significant technological developments in inkjet and electrophotography technologies, digital printing is emerging as one of the cost-effective and easily accessible methods for printing. Digital printing packaging is majorly used to pack food and beverage products. For food and beverages and other consumer goods companies, the digital printing technology provides high-quality packaging with the benefits of personalization, fast turnaround, reduced waste, and on-the-fly modification to pack designs. In the pharmaceuticals & cannabis sector, manufacturers are increasingly turning to digital printing to accommodate demands for localized packaging, legally required variable data, and quick & frequent changeover. Equipment advancements have made it possible to digitally print various packaging materials and formats, including food wrappers, aluminum beverage cans, and metalized-film pouches. Thus, increasing technological advancements in the digital printing packaging sector are driving the North America digital printing packaging market growth.North America Digital Printing Packaging Market Overview
North America is one of the most developed regions in the world in almost all industries, including food, automobile, construction, manufacturing, infrastructure, and technology. Due to its highly diversified industrial market, the countries such as the US and Canada dominate the North American region's economy. North America's food & beverage and e-commerce industries have seen significant development, as these industries are end users of labeling and packaging. According to the US Department of Commerce, in 2021, total e-commerce sales in the US reached US$ 959.5 billion, an 18.3% year-over-year increase from US$ 811.6 billion in 2020. In addition, the US government implemented the roadmap to reduce US food waste by 20% through different approaches such as the diversion of food-to-food banks, education and outreach, and efforts to standardize date markings on food labels. Smart packaging is typically equipped with QR, RFID, and NFC technologies. Therefore, the increasing usage of smart labeling is expected to propel the growth of the North American digital printing packaging market during the forecast period.North America digital printing Packaging market Revenue and Forecast to 2028 (US$ Million)
North America Digital Printing Packaging Market Segmentation
The North America digital printing packaging market is segmented into ink type, packaging type, and end-use industry and country.- Based on ink type, the North America digital printing packaging market is segmented into solvent-based, UV-based, aqueous, and others. In 2022, the solvent-based segment registered a largest share in the North America digital printing packaging market.
- Based on packaging type, the North America digital printing packaging market is segmented into corrugated, folding cartons, flexible packaging, labels, and others. In 2022, the corrugated segment registered a largest share in the North America digital printing packaging market.
- Based on end-use industry, the North America digital printing packaging market is segmented into food and beverage, pharmaceuticals, personal care and cosmetics, and others. In 2022, the pharmaceuticals segment registered a largest share in the North America digital printing packaging market.
- Based on country, the North America digital printing packaging market is segmented into the US, Canada, and Mexico. In 2022, the US segment registered a largest share in the North America digital printing Packaging market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Digital Printing Packaging Market, by Ink Type
1.3.2 North America Digital Printing Packaging Market, by Packaging Type
1.3.3 North America Digital Printing Packaging Market, by End-Use Industry
1.3.4 North America Digital Printing Packaging Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Digital Printing Packaging Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
5. North America Digital Printing Packaging Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from E-Commerce Sector
5.1.2 Technological Advancements in Digital Printing
5.2 Market Restraints
5.2.1 Fluctuation of Raw Material Prices
5.3 Market Opportunities
5.3.1 Rising Demand for Sustainable Packaging
5.4 Future Trends
5.4.1 Emergence of Smart Labelling
5.5 Impact Analysis
6. Digital Printing Packaging - North America Market Analysis
6.1 North America Digital Printing Packaging Market -Volume and Forecast to 2028 (Million A4 Prints)
6.2 North America Digital Printing Packaging Market -Revenue and Forecast to 2028 (US$ Million)
7. North America Digital Printing Packaging Market Analysis - By Ink Type
7.1 Overview
7.2 North America Digital Printing Packaging Market, By Ink Type (2021 and 2028)
7.3 Solvent-based
7.3.1 Overview
7.3.2 Solvent-based: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
7.4 UV-based
7.4.1 Overview
7.4.2 UV-based: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Aqueous
7.5.1 Overview
7.5.2 Aqueous: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Digital Printing Packaging Market Analysis - By Packaging Type
8.1 Overview
8.2 North America Digital Printing Packaging Market, By Packaging Type (2021 and 2028)
8.3 Corrugated
8.3.1 Overview
8.3.2 Corrugated: North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
8.3.3 Corrugated: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Folding Cartons
8.4.1 Overview
8.4.2 Folding Cartons: North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
8.4.3 Folding Cartons: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Flexible Packaging
8.5.1 Overview
8.5.2 Flexible Packaging: North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
8.5.3 Flexible Packaging: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Labels
8.6.1 Overview
8.6.2 Labels: North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
8.6.3 Labels: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
8.7.3 Others: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Digital Printing Packaging Market Analysis - By End-Use Industry
9.1 Overview
9.2 North America Digital Printing Packaging Market, By End-Use Industry (2021 and 2028)
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Personal Care and Cosmetics
9.5.1 Overview
9.5.2 Personal Care and Cosmetics: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
10. North America Digital Printing Packaging Market - Country Analysis
10.1 Overview
10.1.1 North America: Digital Printing Packaging Market, by Key Country
10.1.1.1 The US: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
10.1.1.2 The US: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 The US: Digital Printing Packaging Market, by Ink Type
10.1.1.2.2 The US: Digital Printing Packaging Market, by Packaging Type
10.1.1.2.3 The US: Digital Printing Packaging Market, by Packaging Type
10.1.1.2.4 The US: Digital Printing Packaging Market, by End-Use Industry
10.1.1.3 Canada: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
10.1.1.4 Canada: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Canada: Digital Printing Packaging Market, by Ink Type
10.1.1.4.2 Canada: Digital Printing Packaging Market, by Packaging Type
10.1.1.4.3 Canada: Digital Printing Packaging Market, by Packaging Type
10.1.1.4.4 Canada: Digital Printing Packaging Market, by End-Use Industry
10.1.1.5 Mexico: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
10.1.1.6 Mexico: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Mexico: Digital Printing Packaging Market, by Ink Type
10.1.1.6.2 Mexico: Digital Printing Packaging Market, by Packaging Type
10.1.1.6.3 Mexico: Digital Printing Packaging Market, by Packaging Type
10.1.1.6.4 Mexico: Digital Printing Packaging Market, by End-Use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 HP Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Xerox Holdings Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Mondi Plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DuPont de Nemours Inc
12.4.1 Key Factsn
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Quad/Graphics Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Xeikon BV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Weber Packaging Solutions Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 DS Smith Plc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
List of Tables
Table 1 North America Digital Printing Packaging Market -Volume and Forecast to 2028 (Million A4 Prints)
Table 2. North America Digital Printing Packaging Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. The US Digital Printing Packaging Market, by Ink Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. The US Digital Printing Packaging Market, by Packaging Type - Volume and Forecast to 2028 (Million A4 Prints)
Table 5. The US Digital Printing Packaging Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. The US Digital Printing Packaging Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Digital Printing Packaging Market, by Ink Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Digital Printing Packaging Market, by Packaging Type - Volume and Forecast to 2028 (Million A4 Prints)
Table 9. Canada Digital Printing Packaging Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Digital Printing Packaging Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico erica Digital Printing Packaging Market, by Ink Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Digital Printing Packaging Market, by Packaging Type - Volume and Forecast to 2028 (Million A4 Prints)
Table 13. Mexico Digital Printing Packaging Market, by Packaging Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Digital Printing Packaging Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Million)
List of Figures
Figure 1. North America Digital Printing Packaging Market Segmentation
Figure 2. North America Digital Printing Packaging Market Segmentation - By Country
Figure 3. North America Digital Printing Packaging Market Overview
Figure 4. North America Digital Printing Packaging Market, By Ink Type
Figure 5. North America Digital Printing Packaging Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. North America Digital Printing Packaging Market Impact Analysis of Drivers and Restraints
Figure 9. North America Digital Printing Packaging Market - Volume and Forecast to 2028 (Million A4 Prints)
Figure 10. North America Digital Printing Packaging Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Digital Printing Packaging Market Revenue Share, By Ink Type (2021 and 2028)
Figure 12. Solvent-based: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. UV-based: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Aqueous: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. North America Digital Printing Packaging Market Revenue Share, By Packaging Type (2021 and 2028)
Figure 17. Corrugated: North America Digital Printing Packaging Market - Volume and Forecast To 2028 (Million A4 Prints)
Figure 18. Corrugated: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Folding Cartons: North America Digital Printing Packaging Market - Volume and Forecast To 2028 (Million A4 Prints)
Figure 20. Folding Cartons: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Flexible Packaging: North America Digital Printing Packaging Market - Volume and Forecast To 2028 (Million A4 Prints)
Figure 22. Flexible Packaging: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 23. Labels: North America Digital Printing Packaging Market - Volume and Forecast To 2028 (Million A4 Prints)
Figure 24. Labels: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: North America Digital Printing Packaging Market - Volume and Forecast To 2028 (Million A4 Prints)
Figure 26. Others: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 27. North America Digital Printing Packaging Market Revenue Share, By End-Use Industry (2021 and 2028)
Figure 28. Food and Beverage: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 29. Pharmaceuticals: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 30. Personal Care and Cosmetics: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 31. Others: North America Digital Printing Packaging Market - Revenue and Forecast To 2028 (US$ Million)
Figure 32. North America: Digital Printing Packaging Market, by Key Country - Revenue (2021) (US$ Million)
Figure 33. North America: Digital Printing Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. The US: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
Figure 35. The US: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
Figure 37. Canada: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Digital Printing Packaging Market-Volume and Forecast to 2028 (Million A4 Prints)
Figure 39. Mexico: Digital Printing Packaging Market-Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- DS Smith Plc
- DuPont de Nemours Inc
- HP Inc
- Mondi Plc
- Quad/Graphics Inc
- Weber Packaging Solutions Inc
- Xeikon BV
- Xerox Holdings Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 142 |
Published | February 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 6089.84 Million |
Forecasted Market Value ( USD | $ 10651.8 Million |
Compound Annual Growth Rate | 9.8% |
Regions Covered | North America |
No. of Companies Mentioned | 8 |