Smithers Pira, the worldwide authority on the packaging, print and paper supply chains, has released a new report called “The Future of Digital Printing for Packaging.”
According to the report, “Globally, the market for digital printed packaging and labels continues to grow quickly, driven by buyers’ changing demands, the improving economics of shorter print runs, agile job set-up and custom data printing.”
Smithers Pira forecasts that digital printed packaging will exhibit a compound annual growth rate of 20.6 percent between 2011 and 2016, to reach a market value of $12.26 billion.
The report provides a detailed explanation of these and other trends to give printing businesses actionable insights into the industry’s market over the next five years and includes quantitative market sizes and strategic forecasts.
