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Inkjet Printers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A3198
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Market Overview:
The global inkjet printers market is expected to exhibit a CAGR of 5.52% during 2023-2028.
Inkjet printers are peripheral devices that create high-quality images by spraying tiny droplets of liquid ink onto paper with precision. These printers are compact, affordable, lightweight and easy to use as compared to conventional printers. Consequently, they are widely used in the commercial printing of books, signs, billboards, T-shirts and food labels. With the introduction of portable inkjet printers that provide a variety of colors and flexibility in print systems, their applications are expanding worldwide.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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A significant need for cost control is increasing the adoption of digital printing, which produces less waste and uses relatively fewer chemicals and materials. This represents one of the key factors impelling the growth of the inkjet printers market. Additionally, the widespread adoption of Big Data and the internet of things (IoT), along with the increasing utilization of inkjet printers in the food and beverage (F&B) industry for packaging purposes, is fueling the market growth. Apart from this, as these printers allow personalized printing of products in real-time, they are gaining traction to provide print on demand, improve productivity on short runs and eliminate the need for minimum order quantity (MOQ). Furthermore, with the development of high-speed inkjet printers that can print on a broad range of substrates, their applications are expanding in the biomedical and textile industries. The emerging trend of sustainable printing is anticipated to increase the adoption of inkjet printers in the automotive and aviation industries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global inkjet printers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology and application.
Breakup by Type:
- Multifunctional Printers
- Desktop Printers
- Large Format Printers
- Inkjet Press
- Industrial Inkjet Printers
- Textile Printers
- Others
Breakup by Technology:
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- Continuous Inkjet
- Drop on Demand
- UV Inkjet
- Others
Breakup by Application:
- Packaging and Labeling
- Publishing
- Advertising
- Textile Printing
- Photo Printing
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Brother Industries Ltd., Canon Singapore Pte. Ltd. (Canon Inc.), HP Inc., Inkjet Inc., Keyence Corporation, Konica Minolta Inc., Mimaki Engineering Co. Ltd., Pannier Corporation, Seiko Epson Corporation, Videojet Technologies Inc. (Danaher Corporation) and Xerox Corporation.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Technology, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Brother Industries Ltd., Canon Singapore Pte. Ltd. (Canon Inc.), HP Inc., Inkjet Inc., Keyence Corporation, Konica Minolta Inc., Mimaki Engineering Co. Ltd., Pannier Corporation, Seiko Epson Corporation, Videojet Technologies Inc. (Danaher Corporation) and Xerox Corporation |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the global inkjet printers market to exhibit a CAGR of 5.52% during 2023-2028.
The rising adoption of inkjet printers in the commercial printing of books, signs, billboards, T-shirts, food labels, etc., as they are compact, affordable, lightweight, easy to use, etc., is primarily driving the global inkjet printers market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for inkjet printers.
Based on the type, the global inkjet printers market can be segmented into multifunctional printers, desktop printers, large format printers, inkjet press, industrial inkjet printers, textile printers, and others. Currently, multifunctional printers hold the majority of the total market share.
Based on the technology, the global inkjet printers market has been divided into continuous inkjet, drop on demand, UV inkjet, and others. Among these, continuous inkjet currently exhibits a clear dominance in the market.
Based on the application, the global inkjet printers market can be categorized into packaging and labeling, publishing, advertising, textile printing, photo printing, and others. Currently, advertising accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global inkjet printers market include Brother Industries Ltd., Canon Singapore Pte. Ltd. (Canon Inc.), HP Inc., Inkjet Inc., Keyence Corporation, Konica Minolta Inc., Mimaki Engineering Co. Ltd., Pannier Corporation, Seiko Epson Corporation, Videojet Technologies Inc. (Danaher Corporation), and Xerox Corporation.
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