Inkjet ink manufacturers see lots of opportunities ahead for digital printing, with labels and packaging among the key growth areas.
David Savastano, Editor01.24.23
Nikhil Pampatwar, head – research & intelligence with Verified Market Research (VMR), predicts the digital printing market will grow at a CAGR of 6% from 2023-2030. The market size in 2021 was $8,550 million and is projected to reach $13,651 million by 2030.
“Experts predict that digital printing will continue to move from commercial printing to publishing and packaging, becoming faster and designed to handle more types of printing in the future,” Pampatwar noted. “The market for digital printing is expanding at an increasingly rapid rate, and both the equipment and the colors are continually enhancing their capabilitie