Seattle, WA -- (SBWIRE) -- 10/24/2019 -- The growing awareness of the environmental benefits of digital packaging and labeling is one of the key factors expected to trigger market growth. Digital equipment eliminates the use of manual intervention and molecule heating. In addition, this technique eliminates the use of chemicals while making it a less harmful process for producing plates, unlike the unconventional techniques. The analysts have predicted that the digital packaging and labeling market will register a CAGR of over xx% by 2024.

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Digital Packaging And Labeling Industry Overview
The growing consumption of packaged beverages around the world and the deployment of modern packaging solutions will drive the market's growth in the coming years. With the increasing health awareness among consumers from both advanced and emerging economies, there is an increase in demand for packaged water and packaged carbonated soft drinks. Additionally, there is also a growing demand for packaged milk and dairy beverages across the world. This rising consumption of packed beverages will proliferate the demand for digital packaging and labeling in the next few years as they aid in the effective communication of product details to customers.

Competitive Landscape
The market appears to be highly fragmented with the presence of several market players. Vendors in the market are focusing on developing accurate color-matching and high-volume printing using digital technologies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key highlights of the global digital packaging and labeling market for the forecast years 2019-2024
1. CAGR of the market during the forecast period 2019-2024
2. Detailed information on factors that will accelerate the growth of the digital packaging and labeling market during the next five years
3. Precise estimation of the global digital packaging and labeling market size and its contribution to the parent market
4. Accurate predictions on upcoming trends and changes in consumer behavior
5.The growth of the digital packaging and labeling industry across APAC, Europe, MEA, North America, and South America

Digital Packaging and Labeling Market Segment by Manufacturers includes:
A B Graphic International Ltd
BALL CORPORATION
Reel Appeal
Xeikon
Xerox Corporation

Digital packaging and labeling market segmentation based on geographic regions
APAC
Europe
MEA
North America
South America

During 2018, North America accounted for the largest digital packaging and labeling market share. The e-commerce and pharmaceutical industries are some of the major end-users to this market in this region. The expected growth of the e-commerce industry, driven by the increasing penetration of the Internet and the rising purchasing power of people in the US, will drive the preference for digital packaging and labeling in the region.

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