Packaging, industrial segments offer further opportunities for digital printing to blossom.
David Savastano, Editor05.18.20
Digital printing has been the strongest growth segment in the ink industry. According to Allied Market Research, the digital ink market accounted for sales of $2.6 billion in 2018, and is estimated to grow at 6.1% CAGR to $4.3 billion by 2026.
Digital printing has made significant inroads into numerous markets. For example, digital textile printing, which will be featured in next month’s Ink World, is a key segment. Meanwhile, packaging and industrial inkjet printing are fast becoming the next major areas of expansion for the technology.
Speaking with industry leaders in the inkjet ink field, it is clear that growth is continuing rapidly, particularly in the packaging market.
Opportunities for Packaging
Digital printing is making inroads into packaging. At first, inkjet was used for customized projects; Coca-Cola’s personalized Coke and Diet Coke bottles, in conjunction with HP, was a major success. Corrugated is becoming an intriguing market, with HP and EFI developing
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Ink World magazine has tracked the growth of the ink industry and its allied industries through years of changes, technology, evolution, consolidation and market development. No other magazine has been around for as long or covered as much of the global printing ink business. This website is dedicated to providing in-depth industry coverage and late-breaking news.
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