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Digital inkjet set for strong growth over the next five years

From: Packaging News

A new report has claimed that the colour inkjet digital printing market is set to increase rapidly in the labels and packaging market.

Canon Oce LabelStream 4000 Series could benefit from inkjet growth
The publication, A bright future for colour inkjet digital printing in global labels and packaging markets, said that the trend will grow at a fast rate through 2023 and beyond.

It added that the market is already seeing double digit growth globally, particularly in labels. However, the report claimed that there will be greater opportunities in packaging.

James Bevan, founder and director of Vandagraf International, said: “Over the last decade this multi-facetted and complex industry has transformed dramatically with major advances in colour inkjet digital press design and printhead technology, as well as developments in substrates and ink formulations.

“It is Vandagraf’s view that growth of colour inkjet digital printing across the labels and packaging industries, already seeing double-digit growth, will actually speed up through to 2023 and beyond, driven by the relentless roll-out of colour inkjet printing of labels and packaging, particularly for very fast emerging industrial-scale high-volume colour inkjet.”

“As the demand for mass versioning and customisation of labels and packaging continues to grow, colour digital printing is becoming an increasingly vital component of converter’s capabilities. Big volume demand will soon dwarf demand for very short run prototyping, versioning and the like, especially in terms of demand for consumables.”

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