Variable Data Printing Market Set for 12.9% CAGR Growth by 2030
The variable data printing market was US$ 10.5 billion. The market for variable data printing is anticipated to reach US$ 31.2 Billion by 2030, expanding at a 12.9% CAGR from 2022 to 2030. The market for variable data printing (VDP) is being driven by the growth of the retail sector and rising costs for labelling and tagging all products. According to Future Market Insights, the healthcare and food and beverage industries will continue to play a significant role in the expanding use of variable data printing as consumers demand clear, comprehensive labelling. Since end customers frequently want flexibility when printing labels, the market’s product labelling segment is expected to grow dramatically during the time of forecasting. Variable data printing is a popular option since it allows for the customization of artwork, data, and content without impairing the bulk printing process. The market for printing with variable data is expected to grow at a C...