
North America Digital Printing for Corrugated Boards Market
No. of Pages: 126 | Report Code: BMIRE00028498 | Category: Chemicals and Materials
No. of Pages: 126 | Report Code: BMIRE00028498 | Category: Chemicals and Materials
The digitally printed corrugated boards are used by various end-use industries, such as food and beverage, pharmaceuticals, personal care, and cosmetics. Digital printing packaging helps deliver superior performance and sophisticated aesthetics that appeal to beauty consumers worldwide. Digital printing packaging solutions such as labels, cartons, rigid boxes, and tubes are widely used in the personal care & cosmetics industry, as these solutions deliver the product's natural and contemporary look.
Based on end-use industry, the North America digital printing for corrugated boards market is segmented into food & beverage, pharmaceuticals, personal care & cosmetics, and others. The pharmaceuticals segment accounted for the largest market share in 2022. In the pharmaceuticals industry, the concept of personalized medicine involves tailored medical treatment for each patient. When a drug is set to be sold in multiple countries, it must be adequately packed to accommodate the regulatory requirements for distribution. Hence, many pharmaceutical enterprises seek digital technology for packaging solutions such as blister packaging. Blister packaging solution terminates packaging complexity and allows it to operate effectively. With blister production decoupled from packaging, the process of customizing and supplying products quickly and efficiently is assured. The digital printing system prints the exact number of sealed blank blisters in line with the market demand; this benefits pharma packaging by reinforcing brand preference, facilitating consumption, improving compliance, and also limiting dosing errors. Further, there is a massive demand for digital printing for corrugated boards solutions such as folded cartons, syringe labels, and digitally printed protective cartons in the pharmaceutical industry.
Based on country, the North America digital printing for corrugated boards market is segmented into the US, Canada, and Mexico. The North America digital printing for corrugated boards market share for the US was the largest in 2022. According to the US Department of Commerce, in 2021, the total e-commerce sales in the US reached US$ 959.5 billion, an 18.3% year-over-year increase from US$ 811.6 billion in 2020. In addition, the US government implemented the roadmap to reduce US food waste by 20% through approaches such as diversifying food-to-food banks, education and outreach, and efforts to standardize date markings on food labels. Smart packaging is typically equipped with QR, RFID, and NFC codes. Therefore, the increasing use of smart labeling is expected to propel the growth of the digital printing for corrugated boards market in the country.
The Boxmaker Inc, Nosco Inc, Printpack Inc, Elanders AB, Huhtamaki Oyj, Mondi Plc, Xerox Holdings Corp, Quad/Graphics Inc, DS Smith Plc, and DuPont are among the key players operating in the North America digital printing for corrugated boards market. Players operating in the North America digital printing for corrugated boards market focus on providing high-quality products to fulfill customer demand. They also focus on strategies such as investments in research and development activities and new product launches.
The overall North America digital printing for corrugated boards market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the North America digital printing for corrugated boards market.
Strategic insights for the North America Digital Printing for Corrugated Boards provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,716.13 Million |
Market Size by 2028 | US$ 2,753.82 Million |
Global CAGR (2022 - 2028) | 8.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Printing Inks
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Digital Printing for Corrugated Boards refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America Digital Printing for Corrugated Boards Market is valued at US$ 1,716.13 Million in 2022, it is projected to reach US$ 2,753.82 Million by 2028.
As per our report North America Digital Printing for Corrugated Boards Market, the market size is valued at US$ 1,716.13 Million in 2022, projecting it to reach US$ 2,753.82 Million by 2028. This translates to a CAGR of approximately 8.2% during the forecast period.
The North America Digital Printing for Corrugated Boards Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Digital Printing for Corrugated Boards Market report:
The North America Digital Printing for Corrugated Boards Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Digital Printing for Corrugated Boards Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Digital Printing for Corrugated Boards Market value chain can benefit from the information contained in a comprehensive market report.