Inkjet Printers Market Size, Share, Growth and Forecast to 2030
The inkjet printers market size was?estimated at USD 43.21 billion in 2021 and is projected to reach $ 67.77 billion by 2030, up 5.1 percent Year-Over-Year (2021-2030), according to a 2022 study by Precedence Research, the Canada-based market Insight Company.
The report contains 150+ pages with detailed analysis. In the near future, we may see quite a few exciting developments that will drive this expansion.
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Crucial factors accountable for market growth are:
Report Highlights
Research Objective
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2019 to 2030. This research report evaluates inkjet printers market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global inkjet printers market for the period from 2019 to 2030. This research study offers historic data for years 2019 to 2021 along with a forecast from 2021 to 2030 based on value.
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the inkjet printers market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the key players in the global inkjet printers include:
Videojet Technologies, Inc., Xerox Corporation, Pannier Corporation, Canon Singapore Pvt. Ltd., HP Development Company, L.P., Brother Industries, Ltd., KEYENCE CORPORATION, Konica Minolta, Inc. and Seiko Epson Corporation. As the market is competitive in nature, the players are indulged in the rapid adoption of advanced technologies to improve the performance of the printers and in raising their competitive share by means of strategic initiatives like mergers, new product,s and acquisitions.
Scope of the Study
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume) and categorizes market by players, product, Navigation Technology, and region.
This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel. This research study also integrates Industry Chain analysis and Porter's Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
This research report classifies the market as follows:
By Type
By Technology
By End-user
By Geography
Data Sources
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Open access and paid data sources:
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Here are the key trends expected in 2022.
1. High Demand for Compatible Products
The industry of cheaper printer supplies is expected to continue growing at an impressive CAGR from 2021 to 2027. This is hardly surprising, as cartridges from independent brands like Smart Ink enable big savings. For example, hp 902xl ink replacement (4 colors) costs $54.99, while one OEM cartridge is sold for around $24.
In addition to prices, independent brands can also compete on quality. Over the past decade, this industry has gone a long way. Today, even compatible and refilled, or remanufactured, products comply with international standards, such as ISO or Reach. As consumers can enjoy excellent quality printing at low cost, the market shows no signs of slowing down.
2. Growth of Non-Impact Printing
Inkjet printers can now be used for delicate irregular surfaces. Such equipment does not have physical contact with the surface. It also works faster and more quietly. Printing mechanisms do not touch the paper or another material, as they only spray tiny drops of ink.
3. Emphasis on Sustainability
The focus on eco-friendly practices has brought green printing into the spotlight. Companies are looking for ways to reduce waste and pollution, including new types of packaging and printing consumables. The end goal is to implement environmentally and socially sustainable materials and practices.
Meanwhile, the demand for recycled (remanufactured) cartridges is expected to remain high. Remanufacturing is the most sustainable way to replace a cartridge in printer models for personal and office use. It also helps consumers to spend less.
4. Thermal Inkjet Printing
Industrial inkjet jobs are typically performed by continuous inkjet (CIJ) printers, as they are durable and fast. However, the technology behind their steady flow of ink is relatively expensive. This has caused the emergence of thermal inkjet printing (TIJ), which has started to compete with CIJ.
TIJ systems reduce the cost of short-run and medium-run printing jobs. That is particularly interesting for manufacturers of packaging for food and pharmaceuticals. What’s more, the thermal technology is also more sustainable, as it releases 90% fewer VOCs.
5. Spread of UV and Water-Based Inks
Ink-curing systems based on mercury lamps are becoming a relic of the past. This is a consequence of the Minamata Convention Regulatory, which makes mercury use illegal, and other regulatory changes. Packaging manufacturers now use LED lamps to cure UV inks, which can print on a wider range of materials, including heat-sensitive films, and do not emit VOCs. The second type of more sustainable products, water-based pigment inks, have also entered the market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope?
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Inkjet Printers Market?
5.1. COVID-19 Landscape: Inkjet Printers Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Inkjet Printers Market, By Product
8.1. Inkjet Printers Market, by Product Type, 2021-2030
8.1.1. Multifunctional Printers
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Desktop Printers
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Large Format Printers
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Inkjet Press Printers
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Industrial Printers
8.1.5.1. Market Revenue and Forecast (2019-2030)
8.1.6. Textile Printers
8.1.6.1. Market Revenue and Forecast (2019-2030)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Inkjet Printers Market, By End-user
9.1. Inkjet Printers Market, by End-user, 2021-2030
9.1.1. Consumer
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Education
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Industrial
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Textile
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Pharmaceutical
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Inkjet Printers Market, By Technology?
10.1. Inkjet Printers Market, by Technology, 2021-2030
10.1.1. Continuous Inkjet
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Drop on Demand
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. UV Inkjet
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Inkjet Printers Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.2. Market Revenue and Forecast, by End-user (2019-2030)
11.1.3. Market Revenue and Forecast, by Technology (2019-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.4.2. Market Revenue and Forecast, by End-user (2019-2030)
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11.1.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Technology (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.2. Market Revenue and Forecast, by End-user (2019-2030)
11.2.3. Market Revenue and Forecast, by Technology (2019-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.4.2. Market Revenue and Forecast, by End-user (2019-2030)
11.2.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Technology (2019-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.6.2. Market Revenue and Forecast, by End-user (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Technology (2019-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.7.2. Market Revenue and Forecast, by End-user (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Technology (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.2. Market Revenue and Forecast, by End-user (2019-2030)
11.3.3. Market Revenue and Forecast, by Technology (2019-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.4.2. Market Revenue and Forecast, by End-user (2019-2030)
11.3.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Technology (2019-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.6.2. Market Revenue and Forecast, by End-user (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Technology (2019-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.7.2. Market Revenue and Forecast, by End-user (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Technology (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.2. Market Revenue and Forecast, by End-user (2019-2030)
11.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.4.2. Market Revenue and Forecast, by End-user (2019-2030)
11.4.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Technology (2019-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.6.2. Market Revenue and Forecast, by End-user (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Technology (2019-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.7.2. Market Revenue and Forecast, by End-user (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Technology (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.5.3. Market Revenue and Forecast, by Technology (2019-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.4.2. Market Revenue and Forecast, by End-user (2019-2030)
11.5.4.3. Market Revenue and Forecast, by Technology (2019-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.5.2. Market Revenue and Forecast, by End-user (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Technology (2019-2030)
Chapter 12. Company Profiles
12.1. Videojet Technologies, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Xerox Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pannier Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Canon Singapore Pvt. Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. HP Development Company, L.P.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Brother Industries, Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. KEYENCE CORPORATION
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Konica Minolta, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Seiko Epson Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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