IDC Industrial Printer Tracker Exhibits Restoration from Impression of COVID-19 on Giant Format Printer and Industrial Print Markets in This fall 2020

NEEDHAM, Mass .– (BUSINESS WIRE) – New results from International Data Corporation’s (IDC) Worldwide Quarterly Industrial Printer Tracker show that the market recovery from the COVID-19 crisis continued into the fourth quarter of 2020 (fourth quarter of 20).

“Every market segment covered by the Industrial Printer Tracker, from large format printers to packaging and label printing systems, grew in the fourth quarter compared to the third quarter,” said Tim Greene, research director at IDC. “During the year, companies resumed investments in digital printing systems. We’re still not on track to pre-pandemic shipping and sales levels, but the market is recovering significantly.”

Highlights of the global market segment

  • Large format printer shipments grew 12% globally from the third quarter of 20. Throughout the year, large format printer shipments were down more than 20% year over year.

  • Direct printer shipments rose 8% quarter over quarter in the fourth quarter of 20, but declined more than 25% over the course of the year.

  • Direct-to-garment shipments increased 24% in fourth quarter 20 versus third quarter 20, but declined more than 20% year over year in 2020.

  • Label and package printer shipments increased more than 17% quarter over quarter in the fourth quarter of 20, but declined 17% for the full year.

  • Industrial textile printer shipments increased 24% in fourth quarter 20 versus third quarter 20, but declined 25% in 2020 versus 2019.

Regional analysis

  • Shipments to the Europe, Middle East and Africa (EMEA) region saw sequential growth of nearly 20% in the fourth quarter of 20.

  • Industrial printer shipments in North America increased 7.3% in the fourth quarter of 20 versus the third quarter of 20.

  • Shipments in China, which hit their lowest level in Q1 20, rose 6.7% in Q4 20 compared to the previous quarter.

  • The rest of the Asia / Pacific region continued the recovery that began in Q2 20 with sequential shipping growth of 19% in Q4 20.

Worldwide industrial printer unit shipping and shipping value share and sequential growth, 4th quarter 2020

Product category

4Q20 Share of piece deliveries

4Q20 / 3Q20 shipment growth

4Q20 share of shipment value

4Q20 / 3Q20 shipment value growth

Straight to the garment

1.9

%.

+19

%.

3.7

%.

+11

%.

Straight to the form

1.0

%.

+8

%.

2.3

%.

+2

%.

Industrial textiles

0.4

%.

+24

%.

6.9

%.

+16

%.

Label & packaging

0.3

%.

+17

%.

13.5

%.

+27

%.

Large format

96.3

%.

+12

%.

73.5

%.

+13

%.

total

100.0

%.

+12

%.

100.0

%.

+36

%.

Source: IDC Worldwide Quarterly Industrial Printer Tracker, March 10, 2021

Expectations for 2021

  • Investing in industrial printers is a measure of the digital transformation of important markets such as large format graphics, textile printing and packaging. IDC believes that reducing these investments in 2020 will ultimately mean a temporary decline in the overall growth trend.

  • Despite the pandemic, numerous technological advances were introduced in the industrial printing market in 2020 that should spur investment in industrial printing equipment. In some cases, the pandemic has uncovered the demand for faster, more agile, and more sustainable manufacturing capabilities made possible by industrial printing solutions.

Via IDC tracker

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About IDC

International Data Corporation (IDC) is the world’s leading provider of market intelligence, advisory services, and events to the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insights help IT professionals, executives, and the investment community make fact-based technology decisions and meet their key business goals. Founded in 1964, IDC is a wholly owned subsidiary of the International Data Group (IDG), the world’s leading technical media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.

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