Digital Printing for Packaging to Grow to $52 Billion by 2027
Demand for digital printing in packaging was estimated to be valued at over U.S. $11 billion in 2016, and a new report by Future Market Insights (FMI) estimates it to grow at 15.3 percent to surpass U.S. $52 billion in revenues by 2027.
According to the report, the key factors fueling demand for digital printing in packaging include growing preference for conventional/analogue plates and their application in printing jobs of shorter run lengths.