• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The Digital Packaging Market is Continuing to Grow

    Carl Hirsch - Ink Systems, Inc.

    The 2023 Additives Market

    John Hrdlick Receives NAPIM’s 2023 Ault Award

    Can Solar Ink Help the EU's Green Ambitions?
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification

    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar

    R.E. Carroll Inc. Packs, Donates 400 Backpacks to Students

    Tetra Pak Joins Earthquake Relief Efforts in Morocco

    Packaging Printing Market Worth $433.4B by 2025: MarketsandMarkets
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification

    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar

    HP Inc. Names David Meline to Board of Directors

    INKBANK Lays Foundation for Science and Technology Park

    Successful Labelexpo Europe 2023 Concludes in Brussels
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Orion S.A. to Invest €12.8 Million in Circular Carbon Black Plan

    Micro Powders’ Sustainability Efforts Earn EcoVadis Silver Ranking

    Evonik Sees Significant Profit Decline in 2Q 2023

    Changes in the Additive Industry Over the Years

    ALTANA Innovation Award Honors METALURE C Series
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    GARDCO Precision Gel Timers Boost Accuracy, Repeatability

    ROSS Offers Versatile and Cost-Effective High Solids Mixing

    Paul N. Gardner USA Introduces New color2view

    Inkmaker Completes Third Mixing-Dispersion Station at Samograph

    BYK-Gardner Launches VMA Dispersion Laboratory
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Keim-Additec Surface USA, LLC

    Brilliant Group, Inc.

    Hydrite

    Shin Etsu Silicones of America

    WAB US Corp
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Labelexpo Americas 2024
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    COVID Accelerates Use of Digital Print in Packaging to $21.1 Billion in 2021: Smithers

    Print volumes for digital print in packaging rose by 20.8% across 2019-2020.

    COVID Accelerates Use of Digital Print in Packaging to $21.1 Billion in 2021: Smithers
    09.13.21
    Through 2020 and into 2021, inkjet and electrophotography printing has secured new markets in labels and packaging. Data from the new Smithers report, “The Future of Digital Print for Packaging to 2026,” shows total value for this will reach $21.1 billion in 2021.

    This is in line with existing trends, as run lengths have decreased and print quality on inkjet presses has risen; but the market has received a specific boost from the COVID-19 pandemic. As normal supply and consumer purchasing patterns were disrupted, the utilization of the installed base of digital pressed rose to meet fluctuating demand from packaging buyers.

    Accordingly print volumes for digital print in packaging rose by 20.8% across 2019-2020. This happened in a market space where globally total printed packaging volumes declined by -1.9%.

    With other print segments badly hit by COVID-19, packaging and labels are increasingly the focus for many print OEMs, with the latest digital technology promising to open new segments and print options for print service providers (PSPs). Overall from 2021-2026 the sector will remain attractive with demand for digital printed packaging significantly outperforming the broader market.

    Led by inkjet, digital’s share of the printed label and packaging market will increase from 4.4% by value in 2020 ($18.5 billion), to 7.2% ($35.9 billion) in 2026. This is equivalent to an 11.2% compound annual growth rate (CAGR) for 2021-2026.

    Labels still account for the majority of digital output in 2021, worth $11.79 billion, but these will have a relatively low CAGR of 5.6% to 2026. Growth will be fastest in corrugated ($5.78 billion in 2021), closely followed by folding cartons ($2.31 billion). With both segments more than doubling their use of digital over the forecast period, their combined value will exceed digital label printing in 2026.

    Over the next five years, improvements will help make the process more cost-competitive, even on medium and long run commissions for folding cartons, corrugated, flexibles and rigid plastics.

    Further advances in printheads will boost both quality and speed. While printheads with a 1,200dpi native resolution and greyscale printing up to 200m per minute are standard today; it is forecast that by 2026, 2,400dpi units will be common and greyscale speeds will rise to 300m per minute. Variation in drop size will also enhance inkjet’s use, down to 1pl for fine quality, or much larger for whites, solid colors, varnishes and embellishment effects.

    As the market expands, machines from larger OEMs will increasingly dominate the space, with fewer turnkey solutions and hybrid models being sold. More installations of sheetfed inkjet presses will help open larger format packaging work to digital print.

    Simultaneously, inks will improve to allow use on a wider range of packaging substrates, there will be an increased use of water-based ink sets, while greater sales volumes will push the price per liter down.

    For color toner presses, the main challenge will be competing against newer inkjet machines in labels, cartons and flexibles. The segment will be bolstered by its own new technology developments, such as HP Indigo’s LEPx technology.
    Related Searches
    • Inkjet Inks and Toners
    Related Knowledge Center
    • Inkjet Inks and Toners
    Suggested For You
    Pigments and Sustainability in the Ink Industry Pigments and Sustainability in the Ink Industry
    Koenig & Bauer Durst Enjoys Success at SuperCorrExpo in Orlando Koenig & Bauer Durst Enjoys Success at SuperCorrExpo in Orlando
    Cober Solutions Invests in Two New HP Indigo 100K Presses Cober Solutions Invests in Two New HP Indigo 100K Presses
    Canon U.S.A. Wins Four Keypoint Intelligence - Buyers Lab 2021 Pick Awards Canon U.S.A. Wins Four Keypoint Intelligence - Buyers Lab 2021 Pick Awards

    Related Online Exclusives

    • Flushed Colors and Pigments | Suppliers News | Sustainability
      Pigments and Sustainability in the Ink Industry

      Pigments and Sustainability in the Ink Industry

      Pigment industry executives discuss how pigments play a role in the ink industry's drive for sustainability.
      David Savastano, Editor 01.18.23

    • Breaking News | Inkjet Inks and Toners | Printers News
      Koenig & Bauer Durst Enjoys Success at SuperCorrExpo in Orlando

      Koenig & Bauer Durst Enjoys Success at SuperCorrExpo in Orlando

      Booth drew attendees to learn about the complete portfolio of large corrugated packaging products.
      09.20.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Cober Solutions Invests in Two New HP Indigo 100K Presses

      Cober Solutions Invests in Two New HP Indigo 100K Presses

      Cober’s five-press Indigo fleet, including 29-inch and 19-inch Indigo presses, positions it to fulfill on-demand printing products for the Canadian market.
      09.17.21


    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Canon U.S.A. Wins Four Keypoint Intelligence - Buyers Lab 2021 Pick Awards

      Canon U.S.A. Wins Four Keypoint Intelligence - Buyers Lab 2021 Pick Awards

      Recognized in Printer/MFP A3 and Business Inkjet A4 Categories
      09.14.21

    Loading, Please Wait..
    Breaking News
    • Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification
    • Flint Group Digital with Xeikon Present at FEFCO Technical Seminar
    • R.E. Carroll Inc. Packs, Donates 400 Backpacks to Students
    • Tetra Pak Joins Earthquake Relief Efforts in Morocco
    • Packaging Printing Market Worth $433.4B by 2025: MarketsandMarkets
    View Breaking News >
    CURRENT ISSUE

    July 2023

    • The Digital Packaging Market is Continuing to Grow
    • The 2023 Additives Market
    • John Hrdlick Receives NAPIM’s 2023 Ault Award
    • Ralph Arcurio – Sun Chemical
    • Jim Bishop – Sun Chemical
    • Neil Hersh - ECKART America
    • Carl Hirsch - Ink Systems, Inc.
    • Jim Kochanny, INX International Ink Co.
    • Can Solar Ink Help the EU's Green Ambitions?
    • Mexar’s Emphasis on Pigment-Based Digital Textile Inks Pays Off
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    PLT Health Solutions Granted Claims for Botanical Ingredient in Canada
    CRN Files Petition with FTC For Clarity on Health Products Compliance Guidance
    Vitafoods Europe Relocates to Barcelona Starting 2025
    Coatings World

    Latest Breaking News From Coatings World

    AkzoNobel Names Sweet Embrace as Interpon Color of the Year 2024
    PPG’s New Paint for a New Start Transforms 27 Schools Worldwide with Colorful Makeovers
    PPG's New Paint for a New Start Initiative Transforms School for Children with Autism in Spain
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Moon Surgical Completes First U.S. Cases with Maestro System
    Senseonics Finishes 365-Day CGM Study Cohort
    Surface Solutions Group to Showcase GlideMed Coating at MD&M
    Contract Pharma

    Latest Breaking News From Contract Pharma

    WuXi Vaccines Launches Vaccines CDMO Site in China
    MilliporeSigma Launches Integrated mRNA Services
    IQVIA Names Richard Staub President of R&D Solutions
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Jennifer Coolidge Collaborates with e.l.f. Cosmetics for 'Dirty Pillows' Lip Collection
    Victoria Beckham Beauty Introduces First Fragrance Collection
    Voloom Taps Julius Michael as Brand Ambassador
    Happi

    Latest Breaking News From Happi

    Extracts-Unlimited Attains Organic Certification
    The Kline Group Breaks Down the Unbreakable Bonding Market
    ACI Welcomes Ana Fraisse as Manager, Sustainability Engagement
    Ink World

    Latest Breaking News From Ink World

    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification
    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar
    R.E. Carroll Inc. Packs, Donates 400 Backpacks to Students
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Bobst to 'unwrap the future of flexible packaging' at open house
    IDENTCO brings new automated wire marking system to Mexico
    Maan Engineering chooses Vetaphone for linerless labels
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Ana Fraisse Joins The American Cleaning Institute
    Weekly Recap: Soft N' Dry Seeks to Expand Private Label Roll Out, Albis Completes Work on Line
    Lenzing Earns EU Ecolabel at Indonesian Plant
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Abyrx's MONTAGE Settable Bone Putty Cleared for Cardiothoracic Surgery
    Theradaptive Receives DOD Clinical Trial Award of Up to $7.4 Million
    Saluda Medical's Evoke Spinal Cord Stimulation OK'ed for MRI Scans
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Nedap Teams with Foot Locker to Extend RFID Project
    Epishine Welcomes New CEO Anders Kottenauer
    ALIYO LED-on-foil Technology from ams OSRAM Creates New Effects

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login