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Recent report published by research nester titled “Digital Label Printing Market : Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global digital label printing market in terms of market segmentation by system type, by end-use and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
The global digital label printing market can be segmented on the basis of system type, end-use and region. On the basis of system type, it is sub-segmented into inkjet system, toner system and others. Inkjet system is anticipated to be largest sub-segment of the type segment. This is attributed to the various advantages associated with inkjet printers such as low start-up cost, small in size and lightweight of the cartridges .On the basis of end-use, it is sub-segmented into consumers, packaging companies and converting companies. Packaging companies is anticipated to lead the end-use segment during the forecast period. The large application of the digital label printing in the packaging industry is anticipated to be the primary reason for the packaging industry to lead the end-use segment during the forecast period.
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The global digital label printing market is anticipated to expand at a significant CAGR during 2018-2027. The cost effectiveness of the digital label printing coupled with the increasing demand from various industries is anticipated to boost the growth of the global digital label printing market during the forecast period.
By region, global digital label printing market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to lead the global digital label printing market during the forecast period. The growing expansion of the packaging and labeling industry in the region is anticipated boost the growth of the global digital label printing market. Asia-Pacific region is anticipated to be the fastest developing region for the global digital label printing market on the account of the expanding packaging industry in the region.
Digital label printing is used in varied end-user industries such as food & beverages, pharmaceutical, cosmetics, FMCG etc. This is the primary factor driving the digital label printing market throughout the forecast period. The various property of the digital label such as flexibility and high graphic standard is preferred by many end-use industries. The shifting focus of industries to develop more reliable and clear image of the labels is increasing the demand for the digital label printing during the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global digital label printing market which includes company profiling of key companies such as Samsun Label Printing Co., Ltd, Kingprint, Dongguan Yuchang Garment Accessories Co., Ltd. , Bharat Traders, Tangshan Wanjie Machinery Equipment Co.,Ltd, Dongguan grandrise Co., Ltd. , Abundant Grace International Company Ltd. ,Shijin Plastic Packaging Co.,Ltd, FORMTEC KOREA LTD, etc.LY Fashion Limited and Label Traxx . The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global digital label printing market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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