Global Digital Printing Services Market
Digital Printing Services Market Size and Forecast
According to Verified Market Research, The Global Digital Printing Services Market was valued at USD 169.36 Billion in 2018 and is projected to reach USD 272.19 Billion by 2026, growing at a CAGR of 6.24% from 2019 to 2026.
Global Digital Printing Services Market Outlook
A few of the major factors driving the digital printing services market are a reduction in the overall cost of printing and increased awareness about the benefits of digital printing over the conventional ones. As digital printing eliminates the need for the various steps that were once required for the conventional printing method (the various instruments used for the arrival to the end product), the cost for the overall printing process decreases as a result. With the emergence of digital printing came the broadening of the scope for several industries. Digital printing allows for the printing of digital-based images, to be directly printed onto various media substrates such as paper, photo paper, canvas, fabric, synthetics, cardstock, and other substrates. This increase in the opportunity for a customizable technique that allows for conventional materials such as fabric and packaging material leads to the significant facilitation of the packaging and the textile industry.
Global Digital Printing Services Market: Segmentation
The Global Digital Printing Services market is segmented on the basis of Application, Graphic Communication, and Geography.
Global Digital Printing Services Market, By Competitive Landscape
The Global Digital Printing Services market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include Canon, Vision Design & Print Ltd., Longo AG, PRINTING IN CANNES, AlphaGraphics Inc., Rotolito, Rotomail, L.E.G.O. SPA, Mediagraf and Grafiche Venete. Canon Inc. is one of the top five players of the Global Digital Printing Services Market.
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