Flexible packaging has long been a staple in various industries, providing a cost-effective and versatile solution for product
protection and branding. With the emergence of digital printing technology, there has been a paradigm shift in the way
flexible packaging is produced and used.
PRE & POST PANDEMIC MARKET OVERVIEW
The global digital printing market for packaging was valued at $16,132.65 million in 2017 and reached $20,863.06 million in 2021. This created an incremental growth opportunity worth
$4,730.41 million between 2017 and 2021
CURRENT & FUTURE MARKET OVERVIEW
After a comprehensive assessment of the synergistic effects of growth drivers and the challenges the industry faces, a projected compounded annual growth rate (CAGR) of 8.92% has been determined for the period from 2022 to 2027. In 2022, the global digital printing market for packaging stood at a valuation of $22,584.26 million. By 2027, it is anticipated to reach a market size of $34,614.18 million. This signifies a potential growth opportunity of $12,029.92 million over the five-year period, equivalent to approximately 54% of the 2022 market valuation.
PRINTING TECHNOLOGY MARKET OVERVIEW
