Europe Digital Printing Packaging Market Introduction and Overview
According to SPER Market Research, the Europe Digital Printing Packaging Market is estimated to reach USD 11343.12 million by 2033 with a CAGR of 10.45%.
The report includes an in-depth analysis of the Europe Digital Printing Packaging Market, including market size and trends, product mix, applications, and supplier analysis. In the packaging sector, digital printing packaging is a creative solution that prints directly onto package materials using digital technology. Comparing it to conventional printing technologies, it enables the production of packaging that is superior, affordable, scalable, and has shorter turnaround times. With this technology, firms may produce distinctive packaging that appeals to particular client segments. It is also perfect for short runs, customizable designs, and changeable data printing. It speeds up time to market, cuts waste, and increases design flexibility. In sectors where personalization, brand distinction, and sustainability are crucial, such food and beverage, medicines, cosmetics, and consumer products, digital printing packaging is becoming more and more popular.
- February 2022; After acquiring TEQ Thermoform Engineered Quality, a multinational producer of thermoformed packaging for the consumer, medical device, and healthcare industries, Sonoco will rebrand and rename all of its manufacturing facilities as TEQ. This contains locations that are now known as Plastique all around Europe. The facility's area will determine the proper firm type, and SONOCO TEQ will become the official name.
- October 2019; Smurfit Kappa has introduced a new digital printer as part of its ongoing commitment to sustainable technology in Mexico. The Atlacomulco Corrugated Plant in Mexico is anticipated to receive a state-of-the-art new printer in response to the increasing need for high-volume digital printing. With an annual print capacity of up to 12 million m2, the new single pass high performance printer can drastically shorten the time it takes for items to reach the market.
Market Opportunities and Challenges
Opportunities- Numerous variables influence the digital printing packaging market in Europe. One major factor driving the growing need for personalization and customisation in packaging is companies' efforts to connect customers with distinctive designs. The growing e-commerce and retail industries are driving demand for packaging solutions that are visually appealing, economical, and have shorter manufacturing runs. Another important market driver is environmental aspirations, which are aligned with digital printing's capacity to eliminate waste and shorten lead times. Furthermore, as printing technologies evolve, efficiency and print quality increase, increasing the appeal of digital printing for sectors such as consumer products, medicines, and food & beverage. The market is growing even faster as a result of shifting customer tastes and legislative demands for sustainable packaging.
Challenges- There are several obstacles facing the European digital printing packaging market. The high initial cost of digital printing equipment is a significant obstacle that might prevent small and medium-sized firms from implementing the technology. Furthermore, compared to conventional printing techniques, digital printing is less effective for large-scale manufacturing, which restricts its usage in high-volume applications. Adoption may also be hampered by the difficulty of printing on some packaging materials, such as surfaces that are flexible and oddly shaped. Furthermore, since certain digital inks and substrates are still not environmentally friendly, the market is under pressure to strike a balance between customisation and sustainability. Market participants face additional difficulties due to regulatory compliance and the requirement for ongoing technology advancements.
Market Competitive Landscape
Europe Digital Printing Packaging Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. The leading vendors are focusing on strategic alliances, partnerships, and geographical expansion to strengthen their market position. Leading companies in the industry are Duncan Print Group, Mayr-Melnhof Karton AG, Sonoco Products Company, Stora Enso Oyj, WestRock Company, Sealed Air Corporation, International Paper Company, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Printing Type, By Product Type.
|
Regions covered | UK, Germany, France, Rest of Europe |
Companies Covered | Duncan Print Group, Mayr-Melnhof Karton AG, Sonoco Products Company, Stora Enso Oyj, WestRock Company, Sealed Air Corporation, International Paper Company, Mondi Group, Georgia-Pacific LLC, DS Smith PLC. |
COVID-19 Impact on Europe Digital Printing Packaging Market
The digital printing packaging market in Europe was greatly affected by the COVID-19 outbreak. Supply chain and production interruptions led to an increase in demand for flexible and adaptable packaging solutions. Digitally printed packaging became more and more necessary throughout lockdowns as e-commerce grew and firms needed rapid, adaptable packaging to adapt to shifting customer habits. However, issues with the supply chain, a labour shortage, and lower capital spending had an impact on market expansion. Since the pandemic, there has been a greater emphasis on sustainability and a rise in consumer demand for customized and distinctive packaging, which has accelerated the use of digital printing technology and established it as a crucial component of packaging efficiency and innovation.
Key Target Audience:
- Digital Printing Equipment Manufacturers
- Packaging Material Suppliers
- Packaging Solution Providers
- Retailers and Wholesalers
- E-commerce Companies
- Food and Beverage Companies
- Pharmaceutical Companies
- Consumer Goods Manufacturers
- Logistics and Supply Chain Companies
Our in-depth analysis of the Europe Digital Printing Packaging Market includes the following segments:
By Printing Type: | Offset LithographyGravureFlexographyOthers |
By Product Type: | Corrugated and Solid Fiber PackagingCartonsFlexible Packaging |
Key Topics Covered in the Report:
- Europe Digital Printing Packaging Market Size (FY’2024-FY’2033)
- Overview of Europe Digital Printing Packaging Market
- Segmentation of Europe Digital Printing Packaging Market By Printing Type (Offset Lithography, Gravure, Flexography, Others)
- Segmentation of Europe Digital Printing Packaging Market By Product Type (Corrugated and Solid Fiber Packaging, Cartons, Flexible Packaging, Others)
- Statistical Snap of Europe Digital Printing Packaging Market
- Expansion Analysis of Europe Digital Printing Packaging Market
- Problems and Obstacles in Europe Digital Printing Packaging Market
- Competitive Landscape in the Europe Digital Printing Packaging Market
- Impact of COVID-19 and Demonetization on Europe Digital Printing Packaging Market
- Details on Current Investment in Europe Digital Printing Packaging Market
- Competitive Analysis of Europe Digital Printing Packaging Market
- Prominent Players in the Europe Digital Printing Packaging Market
- SWOT Analysis of Europe Digital Printing Packaging Market
- Europe Digital Printing Packaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Digital Printing Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Digital Printing Packaging Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Digital Printing Packaging Market
7. Europe Digital Printing Packaging Market, By Printing Type (USD Million) 2020-2033
7.1. Europe Digital Printing Packaging Market Size, Share and Forecast, By Printing Type, 2020-2026
7.2. Europe Digital Printing Packaging Market Size, Share and Forecast, By Printing Type, 2027-2033
7.3. Offset Lithography
7.4. Gravure
7.5. Flexography
7.6. Others
8. Europe Digital Printing Packaging Market, By Product Type (USD Million) 2020-2033
8.1. Europe Digital Printing Packaging Market Size, Share and Forecast, By Product Type, 2020-2026
8.2. Europe Digital Printing Packaging Market Size, Share and Forecast, By Product Type, 2027-2033
8.3. Corrugated and Solid Fiber Packaging
8.4. Cartons
8.5. Flexible Packaging
9. Europe Digital Printing Packaging Market Forecast, 2020-2033 (USD Million)
9.1. Europe Digital Printing Packaging Market Size and Market Share
10. Europe Digital Printing Packaging Market, By Region, 2020-2033 (USD Million)
10.1. Europe Digital Printing Packaging Market Size and Market Share By Region (2020-2026)
10.2. Europe Digital Printing Packaging Market Size and Market Share By Region (2027-2033)
10.3. Germany
10.4. France
10.5. Rest of Europe
11. Company Profile
11.1. Duncan Print Group
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Mayr-Melnhof Karton AG
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Sonoco Products Company
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Stora Enso Oyj
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. WestRock Company
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Sealed Air Corporation
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. International Paper Company
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Mondi Group, Georgia-Pacific LLC
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. DS Smith PLC
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Smurfit Kappa Group
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
12. Conclusion
13. List of Abbreviations
14. Reference Links