Digital Printing Market Size

Digital Printing Market size was over USD 38.56 billion in 2023 and is poised to cross USD 162.49 billion by 2036, growing at more than 11.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital printing is evaluated at USD 42.17 billion. The growth of the market can be attributed to the increasing demand for sustainable printing, and developments in textile and packaging industries. In 2019, textiles were the world’s 7^th most traded product, with a total worldwide trade amounting for more than USD 800 billion. Textile trade represents about 4 percent of the total world trade. Along with these, the rise in adoption of laser and inkjet printing solutions, and upsurge in adoption of IoT and artificial intelligence technologies around the world are also expected to drive market growth in the forthcoming years. Furthermore, innovation in printing technologies for small and medium sized organizations, and escalating emphasis on green printing are projected to offer ample growth opportunities to the digital printing market in the near future.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital printing is evaluated at USD 42.17 billion.

Digital Printing Market size was over USD 38.56 billion in 2023 and is poised to cross USD 162.49 billion by 2036, growing at more than 11.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing demand for sustainable printing worldwide, and developments in textile and packaging industries.

Asia Pacific industry is anticipated to dominate majority revenue share by 2036, ascribed to increasing penetration of digital platforms solutions and end-to-end digitized value creation chains, and growing adoption of e-commerce in the region.

The major players in the market are Canon, Inc., Mimaki Engineering Co., Ltd., Roland DG Corporation, Xerox Corporation, Seiko Epson Corporation, and others.

Digital Printing Market Size