The Asia Pacific Digital Printing market size is expected to grow from USD 5.68 billion in 2021 to USD 8.86 billion by 2027 at a CAGR of 7.7%.
The Chinese printing industry demonstrates a high level of enthusiasm and interest in new, data-based business models, digital platform solutions, and chains to create digital pricing end to end. The advent of digital printing has enabled local designers to access the internet in more than 12,000 roll-out boxes, making packaging design a major factor in adoption. Current trends and the need for digital printing in China were inspired by the 2016 government theme “People’s Republic of China Network Security Law”. The same was true that by 2020, large companies should be using 80% of home-made products. Therefore, with the need for digital knowledge and security strategy, many companies and institutions in China have begun to replace their traditional equipment with local products instead of global products. This also affected a large portion of the printing service providers who emerged in advancing the idea. During this intense competition, players working in the digital printing industry are involved in strengthening their competition through various endeavors such as investing in new production areas, new product development, R&D growth, and exploring overseas markets.
The Asia Pacific Digital Printing market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Asia Pacific Digital Printing segmentation includes Ink Type, Print Head Type, Substrate Type, and Country.
By Ink Type, the market is segmented into Aqueous Ink, Solvent Ink, UV-Cured Ink, Latex Ink, and Dye Sublimation Ink.
Based on Print Head Type, the market is bifurcated into Inkjet, and Laser.
By Substrate Type, the market is segmented into Plastic Films or Foils, Release Liner, Glass, Textile, Paper, Ceramic, and Others.
The countries covered in Asia Pacific Digital Printing Market are China, Japan, South Korea, India, Australia, and Rest of Asia Pacific.
The major players operating in the Asia Pacific Digital Printing market are Hewlett-Packard Development Company, l.P. (US), Ricoh Company, Ltd. (Japan), Canon, Inc. (Japan), Roland DG Corporation (Japan), Xerox Corporation (US), Seiko Epson Corporation (Japan), Mimaki Engineering Co., Ltd. (Japan), Durst Phototechnik AG (Italy), Electronics for Imaging, Inc. (US), Inca Digital Printers Limited (UK), Printronix (US), Neuralabel Printing Solutions (US), Brother Industries, Ltd. (Japan), Oki Electric Industry (Japan), Kyocera Corporation (Japan), Toshiba (Japan), Samsung Electronics (South Korea), Panasonic (Japan), Konica Minolta (Japan), Sharp (Japan), GCC (Taiwan), ID Technology (US), Rena Systems (US), nkcups (US), and Dalemark Industries (US).. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.
Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.