Global Digital Label Printing Solutions Market 2018-2022
About Digital Label Printing Solutions
Digital label printing solutions produce high-quality labels using cutting-edge digital printing technology. The use of digital label printing solutions improves the quality of labels and reduces the cost of production.
Technavio’s analysts forecast the Global Digital Label Printing Solutions Market to grow at a CAGR of 5.81% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital label printing solutions market. To calculate the market size, the report considers the revenue generated from the adoption of digital label printing solutions.
The market is divided into the following segments based on geography:
Technavio's report, global digital label printing solutions market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Digital Label Printing Solutions Market 2018-2022
Technavio recognizes the following companies as the key players in the global digital label printing solutions market: Afinia Label, Durst, HP Development, ID Technology, and Seiko Epson.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the development of new products.” Several vendors are making significant investments in R&D to develop new products to increase their market share.
According to the report, one driver influencing this market is the increasing adoption of digital label printing solutions by end-users. Many end-users from different industries have been investing on high-quality and efficient digital label printing solutions.
Further, the report states that one challenge affecting this market is the high operational and maintenance cost. Regular maintenance is required to increase the lifespan and ensure the seamless functioning of digital label printing solutions.