Digital Printing Market Share

Market Share of Digital Printing Industry

The digital printing market consists of several major players and is highly competitive. Some significant players currently dominate the market in terms of market share. The companies offer specialized products, increasing their market share and profitability by leveraging strategic collaborative initiatives. The companies operating in the market prefer mergers and acquisitions of start-ups to strengthen their product capabilities and improve the served market portfolio on digital printing devices.

• February 2022 - Canon launched a new, highly automated manufacturing facility for water-based polymer inks at its site in Venlo to meet the growing demand for water-based polymer inks for its inkjet production across the regions. With efficiency, the 1500 m2, along with the most up-to-date ink manufacturing equipment and levels of automation, are optimized to consistently deliver high-quality water-based, polymer CMYK inks and minimize waste.
• January 2022 - Smurfit Kappa Group announced an investment of more than USD 33 million in Brazil to expand its plant's capacity in Fortaleza to meet the growing demand for innovative and sustainable packaging. The company will install several high-end printers to provide the high precision and quality required for eCommerce packaging.

Digital Printing Market Leaders

1. Westrock Company

2. Avery Dennison Corporation

3. Amcor PLC

4. Smurfit Kappa Group PLC

5. ARC Document Solutions LLC

*Disclaimer: Major Players sorted in no particular order