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Digital printing may maintain a rapid growth of 16% in next five years
2016-05-12 17:42:18

With the growth of population and the change of consumption structure, the consumption level and quality are getting higher and higher in most past of the world, which promotes the stable development of packaging market. Using digital printing technology, packaging and printing is one of the industries which maintain rapid growth momentum in printing industry today.

Digital printing technology is becoming increasingly accord with the low cost of packaging products. In next five years, packaging and printing market value will growing annually by a compound rate of 13.6%, the market size will growing annually by a compound rate of 16.2%.

Digital label printing market accounts for 80.5% of digital printing in market value and 93.5% in market size, mainly applied in cardboard boxes, corrugated board, flexible packaging, rigid plastic and metal packaging decoration, and the  application rate is growing rapidly.

According to Smithers Peale Institute, an authoritative international survey organization, estimated that the global market are worth about $10.5 billlion this year.


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