• Print Innovation Asia

Asia Pacific digital printing packaging market expecting significant grow

Corrugated segment to dominate

The global digital printing packaging market is perceived to maintain a constant CAGR of 12% during the forecast period of 2018 to 2027, and is anticipated to exist at a significant level, according to a Research Nester report.

Significant growth in gross domestic product (GDP) especially in Asia Pacific region exhibits potential growth in cup fill and seal machine market.

Asia Pacific digital printing packaging market is anticipated to exist as the largest market with the expected market share at a significant level.

The growing GDP and increasing prevalence of packaged products signifies growth of proper packaged products.

Increasing Disposable Income in Developing Economies

Significant growth opportunities is offered by developing economies such as India, China, Indonesia and Malaysia. The increase in the per capita and disposable income in the region manifests significant growth in the industry due to increasing demand of several packaged products.

Additionally, digital printing packaging technology delineates cost-effective ways attract the target market.

The rise in the number of middle and small scale industry in the region manifests significant growth in digital printing packaging market due to the demand of standard product is increasing in Asia.

The higher investment in research and development of packaging industry is also responsible for the growth of digital printing packaging market globally.

Corrugated segment to dominate

Global digital printing packaging market is segmented by packaging type as: corrugated, folding cartons, flexible packaging, labels, others.

Among these segments, corrugated segment is expected to dominate the global digital printing packaging market. The corrugated segment market is propelled by increasing GDP per capita as well as disposable income in developing regions of Asia, Africa and South America.

Countries such as India, China, Malaysia, Indonesia and other existing markets is expected to drive significant growth in corrugated segment of digital printing packaging market.

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