FMI Research Report and Overview on Digital Label Prin | Page 4

Digital Label Printing Market Research Report and Overview on Digital Label Printing Market, 2016-2026 Digital label printing is used in product packaging for almost all the industries such as cosmetics, food & beverages, pharmaceuticals, FMCG, etc. The digital label printing market is expected to have significantly high growth rate as global packaging and labeling industry growing at a rapid CAGR. The volume of the packaging printed with digital printing is expected to be more than double as compared to its actual volume over the forecast period. Digital Label Printing Market: Dynamics The growth of global digital label printing market is driven by the rising concern among the consumers about the legitimacy of products they buy due to the availability of counterfeit cosmetics, food and beverages, FMCG, and pharmaceutical products in the market. To counter the same, manufacturers are also opting for new packaging and labeling technologies for their products that not only confirms the authenticity of their products; it also helps in endorsing their products. The key factor restraining the market of digital label printing market is the high cost of the labeling, which will result in the increase in final packaging of the product. The company providing the digital label printing have significantly high opportunity in regions such as Asia-Pacific, Latin America, and Middle East Africa as in these regions the packaging industry is experiencing significantly strong growth rate which will lead to the growt h of digital label printing market. ©2015 Future Market Insights, All Rights Reserved 4