Digital Printing Market to Witness Exponential Growth by 2028
Allied Market Research, titled, Digital Printing Market Type, Ink Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2028, ” the global digital printing market size was valued at $25.74 billion in 2019, and is projected to reach $35.71 billion by 2028, registering a CAGR of 3.7% from 2021 to 2028. A digital printing is a process of printing from an electronic file. Digital printing is an alternative printing method to traditional printing; thus, it eliminates unnecessary steps of traditional printing methods such as printing plates, color proofs, and more. However, digital printing has a higher cost per page than offset printing method but reduce the cost by producing several thousand lager print on sheets at a lower rate. Moreover, commercial printing is witnessing provisional and fundamental changes, as the immediate shift from offset printing to digital printing methods, owing to demand for low-cost printing methods. Rapid adoption of...