The report entitled; “Variable Data Printing Market, Trends, Dynamics, and Market Analysis,” recently published by Stratview Research offers a comprehensive outlook of the industry. This report by Label Type (Release Liner Labels, Linerless Labels), By Printing Technology (Thermal Transfer, Direct Thermal, Electrophotography, Inkjet), By End-Use (Food & Beverages, Consumer Durables, Pharmaceuticals, Home & Personal Care, Retail, Others) and Region - COVID-19 Impact Analysis and Forecast to 2026.
Market Highlights
The Variable Data Printing Market is projected to grow from USD 21.6 billion in 2020 to USD 50.6 billion by 2026 at a CAGR of over 15.5% during the forecast period.
Segments Analysis
By end-use, the variable data printing market has been classified into food & beverages, consumer durables, pharmaceuticals, home & personal care, retail, and others. Under these, the food & beverages segment accounted for a significant market share in 2020. This is mainly attributed to the rising demand of consumer awareness about packed food trends, product ingredients, and the surge in the consumption of healthy food has resulted in a surge in the demand for the food & beverage sector in the variable data printing market, thus bolstering the segment growth.
By region, the market in North America accounted for a significant market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is mainly ascribed to a strong presence of players who are constantly investing in improving technologies in the region. The U.S. is a key contributor as it hosts the majority of the leading companies operating in the global variable data printing market. A steady focus on direct marketing campaigns and investments in customer engagement analytics across healthcare, retail, and electronics & electrical industries, further proliferates regional growth.
To get more details about this report, order a sample report here: https://www.stratviewresearch.com/Request-Sample/2251/Variable-Data-Printing-Market.html#form
Key Players:
Key players operating in the variable data printing market are-
- HP Inc. (US)
- Canon, Inc. (Japan)
- 3M (US)
- Xerox Corporation (US)
- RR Donnelley & Sons Company (US)
- Mondi PLC (UK)
- Avery Dennison Corporation (US)
- Quad/Graphics, Inc. (US)
- Cenveo, Inc. (US)
- Ws Packaging Group, Inc. (US)
About Stratview Research
Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.
In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
