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Variable Data Printing Market Trends

  • Report ID: 5111
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Global Variable Data Printing Market TOC

  1. An Introduction to the Research Study
    1. Definition of the Market and the Segments
    2. Acronyms and Assumptions
  2. The Research Procedure
    1. Sources of Data
      1. Primary
      2. Secondary
    2. Calculation and Derivation of Market Size
      1. Top-Down Approach
      2. Bottom-up Approach
  3. An Abstract of the Report
  4. Forces of the Market Constituents
    1. Factors/Drivers Impacting the Growth of the Market
    2. Market Trends for Better Business Practices
  5. Key Market Opportunities for Business Growth
    1. Based on the label type
    2. Based on the composition
    3. Based on the printing technology
    4. Based on the end user
    5. Based on the geographical presence
  6. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled Out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  7. Regulatory & Standard Landscape
  8. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Variable Data Printing Market
    1. Limitations to US, Europe Economic Recovery
    2. Uplifting Policies to Foster the Growth of the Economy
    3. Future Outlook and Strategic: Move for Sustainable Economy
    4. Key Market Opportunities for Business Growth
  9. Technological Shift and Implementation Analysis
  10. Industry Supply Chain Analysis
  11. Pricing Analysis
  12. Recent Developments in the Japan Variable Data Printing Market
  13. End User Analysis
  14. Industry Growth Outlook w.r.t Label Type
  15. Porter Five Forces Analysis
  16. PEST Analysis
  17. Regional Demand Analysis
  18. Competitive Positioning: Strategies to Differentiate a Company From its Competitor

 

  1. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market, (%) 2023
    2. Business Profile of Key Enterprise
      1. Canon, Inc.
        1. Business Overview
        2. Key Business Strategies for the Growth of Revenue
        3. Financial Performance and Revenue Representation
        4. Major Products Offered
        5. Mergers and Acquisitions
        6. Latest Trends
        7. Regional and Worldwide Presence
      2. 3M Company
      3. Xerox Corporation
      4. RR Donnelley & Sons Company
      5. HP Inc.
      6. Mondi PLC
      7. Avery Dennison Corporation
      8. Quad/Graphics Inc.
      9. Cenveo, Inc.
      10. Ricoh, USA Inc.
      11. Other major players
  2. Global Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
        1. Liner, Market Value (USD Million), and CAGR, 2023-2036F
        2. Linerless, Market Value (USD Million), and CAGR, 2023-2036F
      2. By Composition
        1. Facestock, Market Value (USD Million), and CAGR, 2023-2036F
        2. Topcoat, Market Value (USD Million), and CAGR, 2023-2036F
      3. By Printing Technology
        1. Thermal Transfer, Market Value (USD Million), and CAGR, 2023-2036F
        2. Direct Thermal, Market Value (USD Million), and CAGR, 2023-2036F
        3. Electrophotographic, Market Value (USD Million), and CAGR, 2023-2036F
        4. Inkjet, Market Value (USD Million), and CAGR, 2023-2036F
      4. By End User
        1. Food & Beverage, Market Value (USD Million), and CAGR, 2023-2036F
        2. Retail, Market Value (USD Million), and CAGR, 2023-2036F
        3. Pharmaceutical, Market Value (USD Million), and CAGR, 2023-2036F
        4. Home & Personal Care, Market Value (USD Million), and CAGR, 2023-2036F
        5. Durables, Market Value (USD Million), and CAGR, 2023-2036F
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. North America, Market Value (USD million), and CAGR, 2023-2036F
          2. Europe, Market Value (USD Million), and CAGR, 2023-2036F
          3. Asia Pacific, Market Value (USD Million), and CAGR, 2023-2036F
          4. Latin America, Market Value (USD Million), and CAGR, 2023-2036F
          5. Middle East and Africa, Market Value (USD Million), and CAGR, 2023-2036F
  3. North America Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
        1. Liner, Market Value (USD Million), and CAGR, 2023-2036F
        2. Linerless, Market Value (USD Million), and CAGR, 2023-2036F
      2. By Composition
        1. Facestock, Market Value (USD Million), and CAGR, 2023-2036F
        2. Topcoat, Market Value (USD Million), and CAGR, 2023-2036F
      3. By Printing Technology
        1. Thermal Transfer, Market Value (USD Million), and CAGR, 2023-2036F
        2. Direct Thermal, Market Value (USD Million), and CAGR, 2023-2036F
        3. Electrophotographic, Market Value (USD Million), and CAGR, 2023-2036F
        4. Inkjet, Market Value (USD Million), and CAGR, 2023-2036F
      4. By End User
        1. Food & Beverage, Market Value (USD Million), and CAGR, 2023-2036F
        2. Retail, Market Value (USD Million), and CAGR, 2023-2036F
        3. Pharmaceutical, Market Value (USD Million), and CAGR, 2023-2036F
        4. Home & Personal Care, Market Value (USD Million), and CAGR, 2023-2036F
        5. Durables, Market Value (USD Million), and CAGR, 2023-2036F
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. US, Market Value (USD million), and CAGR, 2023-2036F
          2. Canada, Market Value (USD million), and CAGR, 2023-2036F
  4. Europe Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
      2. By Composition
      3. By Printing Technology
      4. By End User
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. Germany, Market Value (USD Million), and CAGR, 2023-2036F
          2. UK, Market Value (USD Million), and CAGR, 2023-2036F
          3. Italy, Market Value (USD Million), and CAGR, 2023-2036F
          4. France, Market Value (USD Million), and CAGR, 2023-2036F
          5. Spain, Market Value (USD Million), and CAGR, 2023-2036F
          6. Netherlands, Market Value (USD Million), and CAGR, 2023-2036F
          7. Russia, Market Value (USD Million), and CAGR, 2023-2036F
          8. Rest of Europe, Market Value (USD Million), and CAGR, 2023-2036F
  5. Asia Pacific Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
      2. By Composition
      3. By Printing Technology
      4. By End User
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. China, Market Value (USD Million), and CAGR, 2023-2036F
          2. India, Market Value (USD Million), and CAGR, 2023-2036F
          3. Japan, Market Value (USD Million), and CAGR, 2023-2036F
          4. South Korea, Market Value (USD Million), and CAGR, 2023-2036F
          5. Australia, Market Value (USD Million), and CAGR, 2023-2036F
          6. Singapore, Market Value (USD Million), and CAGR, 2023-2036F
          7. Rest of Asia Pacific, Market Value (USD Million), and CAGR, 2023-2036F
  6. Latin America Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
      2. By Composition
      3. By Printing Technology
      4. By End User
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. Brazil, Market Value (USD Million), and CAGR, 2023-2036F
          2. Mexico, Market Value (USD Million), and CAGR, 2023-2036F
          3. Argentina, Market Value (USD Million), and CAGR, 2023-2036F
            1. Rest of Latin America, Market Value (USD Million), and CAGR, 2023-2036F
  7. Middle East and Africa Variable Data Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1. By Label Type
      2. By Composition
      3. By Printing Technology
      4. By End User
      5. By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
          1. GCC, Market Value (USD Million), and CAGR, 2023-2036F
          2. Israel, Market Value (USD Million), and CAGR, 2023-2036F
          3. South Africa, Market Value (USD Million), and CAGR, 2023-2036F
          4. Rest of Middle East and Africa, Market Value (USD Million), and CAGR, 2023-2036F

Variable Data Printing Market Trends

Growth Drivers

  •  Rising Need for Faster Printing- Increased use of printed labels to generate sequential numbers and product information in less time and at a lower cost drives variable data printing market growth. Moreover, the new launch by companies plays a vital role in the various applications of the variable data printing industry. For instance, Canon has introduced a new version of its online design software to create posters, banners, and panels. PosterArtist v1.1 is suitable for both purposes including personal as well as professional use since it provides two-sided and variable printing and new templates to support the creation of various applications.
  • Growing E-Commerce Industry Supports Market Growth - The growth of online shopping and the demand for personalized experiences increased the demand for commercial printing from the packaging sector. Packaging is considered an important marketing tool, so many companies use packaging to showcase the best features of their products. For instance, flexible packaging service provider Comexi announced that Digiflex is a machine designed for flexible packaging and label makers to convert variable data such as QR codes, variable data matrix codes, barcodes, and alphanumeric text.
  • Growing Printing Industry- The printing industry is evolving rapidly. Also, the VDP service has matured over the years, allowing the creation of eye-catching documents faster than ever before. What was once the realm of transactional printing is now an extension of marketing.

Challenges

  • Lack of efficient digital software that can work with variables and generate print-ready designs - The biggest challenge for variable data printing is the lack of efficient digital software that can efficiently manipulate variables and produce print-ready designs while providing advanced design editing capabilities. The prevalence of personalization has allowed variables to be used in many different types of marketing materials. However, the design of these materials is just as important, resulting in an automated print validation process.
  • Low R&D in the variable data printing sector
  • High cost of printing systems

Variable Data Printing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

16.4%

Base Year Market Size (2023)

USD 9.56 Billion

Forecast Year Market Size (2036)

USD 68.84 Billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 5111
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of variable data printing is assessed at USD 10.91 Billion.

The variable data printing market size was valued at USD 9.56 Billion in 2023 and is expected to exceed USD 68.84 Billion by 2036, expanding at over 16.4% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for variable data printed labels from the food and beverage sector and rapid technological advancements are the major factors driving the market growth.

North America industry share is projected to reach 36% by 2036, owing to increasing acceptance of variable data printing to generate customized product information and print serial numbers at a low cost and in a short time in the region.

Canon, Inc., 3M Company, Xerox Corporation, RR Donnelley & Sons Company, HP Inc., Mondi PLC, Avery Dennison Corporation, Quad/Graphics Inc., Cenveo, Inc., Ricoh USA, Inc.
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