North America Digital Printing for Corrugated Boards Market to Grow at a CAGR of 8.2% to reach US$ 2,753.82 million from 2022 to 2028

The North America digital printing for corrugated boards market size is expected to grow from US$ 1,716.13 million in 2022 to US$ 2,753.82 million by 2028; it is estimated to register a CAGR of 8.2% from 2022 to 2028.

The digital printing for corrugated boards market is bolstering owing to rising demand from various end-use industries. Furthermore, the rapid developments in printing technologies have broadened the scope of usage of digital printing, corrugated wrappings, and folding cartons. Moreover, there is an increased demand for attractive digital printing for corrugated boards from various end-use industries such as food & beverage, pharmaceuticals, personal care, and cosmetics. Manufacturers are investing in digital printing as it attracts consumers and gives them all the required information.

The North America digital printing for corrugated boards market share for the US was the largest in 2022. The awareness regarding efficient labeling and regulatory standards has increased over the past few years among consumers in the US. Rising consumer awareness has encouraged manufacturers from end-use industries to consider consumer preferences and develop standard packaging. According to the report by PostNord AB, 62 million consumers shopped online in 2020. Packaging forms an integral part of the e-commerce supply chain, and the rise in e-commerce shopping is directly proportional to the increase in the demand for printed packaging. Moreover, advancements in digital print technology and process automation in the country have accelerated the productivity of the printing sector. Therefore, these key factors are expected to drive the digital printing for corrugated boards market in the US.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

North America Digital Printing for Corrugated Boards Market: Strategic Insights

Market Size Value in	US$ 1,716.13 million in 2022
Market Size Value by	US$ 2,753.82 million by 2028
Growth rate	CAGR of 8.2% from 2022 to 2028
Forecast Period	2022-2028
Base Year	2022

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

 Speak to Analyst

Impact of COVID-19 Pandemic on North America Digital Printing for Corrugated Boards Market

The COVID-19 pandemic adversely affected the growth of the chemicals & materials sector. The implementation of measures (e.g., closure of national and international borders) to combat the spread of SARS-CoV-2 negatively impacted the growth of various industries, such as packaging, consumer goods, automotive and transportation, textiles, and building & construction. Lockdowns imposed by the governments in various countries in 2020 placed restrictions on opening production facilities and decreased the use of digital printing for corrugated boards. The severely impacted food & beverage and personal care industries reduced the demand for digital printing for corrugated boards in the region. However, the market is reviving due to the government's significant measures, such as vaccination drives. During the COVID-19 pandemic, the demand for pharmaceutical products increased, which subsequently bolstered the demand for digital printing for corrugated boards in the region.

North America Digital Printing for Corrugated Boards Market Breakdown – by Region

Market Insights

Rising Demand from Various End-Use Industries

Choosing a style and attractive color scheme for product packaging can delight consumers. Brand owners increasingly invest in packaging to attract consumers, as first impressions are crucial. The importance of product packaging is multi-faceted and can go a long way in securing brand loyalty. The rising demand for food and beverages, electronics, consumer goods, and personal care products simultaneously catalyzes the demand for digitally printed corrugated boards—the most commonly used material for packaging across industries.

The product packaging reflects the product inside and the brand as a whole. When designing product packaging, many brands conduct extensive research into the wants and needs of consumers to ensure their packaging is attractive and compelling. This factor encourages players in various end-use industries to invest in digitally printed corrugated boards.

Printing Inks-Based Insights

Based on printing inks, the North America digital printing for corrugated boards market is segmented into solvent-based, UV-based, aqueous, and others. The North America digital printing for corrugated boards market share for the solvent-based segment was the largest in 2022. Solvent-based inks are composed of pigment and resin (binder), which forms a solid component of the ink, and solvent as a carrier agent. The solvent-based ink is sprayed on a substrate during the digital printing process, which leads to the evaporation of the solvent, leaving behind a dry layer of ink. Solvent-based inks are relatively inexpensive. It has a wide range of digital print applications on varied substrates such as foils, films, and hard plastics, including biaxially oriented polypropylene (BOPP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polyethylene, polypropylene, glossy boxes or cardboard, metals, and other high-density polyethylene materials.

North America Digital Printing for Corrugated Boards Market, by Printing Inks – 2022 and 2028

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.

Report Spotlights

• Progressive industry trends in the North America digital printing for corrugated boards market to help players develop effective long-term strategies
• Business growth strategies adopted by market players
• Quantitative analysis of the North America digital printing for corrugated boards market from 2020 to 2028
• Estimation of demand for digital printing for corrugated boards in North America
• Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
• Recent developments to understand the competitive market scenario
• Market trends and outlook, as well as factors driving and restraining the North America digital printing for corrugated boards market growth
• Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
• The North America digital printing for corrugated boards market size at various nodes
• Detailed overview and segmentation of the market, as well as the North America digital printing for corrugated boards industry dynamics
• The North America digital printing for corrugated boards market size in various countries with promising growth opportunities

North America Digital Printing for Corrugated Boards Market

Based on printing inks, the North America digital printing for corrugated boards market is segmented into solvent-based, UV-based, aqueous, and others. By end-use industry, the North America digital printing for corrugated boards market is divided into food & beverage, pharmaceuticals, personal care & cosmetics, and others.

Company Profiles

• The Boxmaker Inc
• Nosco Inc
• Printpack Inc
• Elanders AB
• Huhtamaki Oyj
• Mondi Plc
• Xerox Holdings Corp
• Quad/Graphics Inc
• DS Smith Plc
• DuPont