Double-digit growth will see the global market for digitally printed packaging top $31 billion in 2024, according to a new report from Smithers Pira.
The Future of Digital Print for Packaging to 2024 says that the current market value of all digital packaging and label printing is $18.9 billion. This is double what the total value was five years ago, leading Smithers Pira to state, ‘digital packaging is the most dynamic and fastest-growing’ part of the print market.
This dynamism will see the market reach a value of $31.6 billion in 2024, but still only accounting for 6.38% of all printed packaging by value.
