DUBLIN – (BUSINESS WIRE) – Added “Inkjet Printing Market – Growth, Trends, COVID-19 Impact, and Forecast (2021-2026)” report ResearchAndMarkets.com Offer.
The inkjet printing market was estimated at $ 40.79 billion in 2020 and is projected to reach $ 49.20 billion with an annual growth rate of 3.11% in the forecast period 2021-2026.
Today’s high-speed inkjet devices offer improved quality and productivity for early-adopter commercial printers, which is driving the market forward. The inkjet printer market has grown tremendously in recent years.
HP Development Company, LP
Jet Inks Private Limited
Brother Industries Ltd.
Domino Printing Sciences PLC
Hitachi Industrial Equipment Systems Co. Ltd.
Lexmark International Inc.
Videojet Technologies Inc.
Fujifilm Holdings Corporation
Major market trends
The label is expected to hold a dominant market share
Label printing is becoming one of the fastest growing segments in the market due to the increasing demand for custom packaging and the need to provide product information due to strict regulations in almost every industry.
Label printing is a narrow web application with required web widths of between 5 and 15 inches, requiring only a few printheads to be “sewn” together to create the array of nozzles that span the width for each color. Since improved print quality requires adequate control of the substrate during printing, single-pass inkjet printing on a narrow web is ideal for making labels.
Inkjet accounts for the largest share of R&D spending in the printing industry. These investments are expected to result in significant improvements in the quality and reliability of the equipment. New inkjet printing machines that are introduced can print faster and represent a significant advancement in the automation of material handling to improve the productivity of lower speed printing machines.
Screen Graphic Solutions Co. Ltd recently announced plans to launch the updated version of the Truepress Jet L350UV, its first label printer specifically designed for this area. In addition to superior scalability, the updated printer offers better color reproduction, enabling vendors to meet a wide variety of market needs. The company plans to roll out the system globally in January 2020. In addition to the standard CMYK, this version can be loaded with white, orange and blue inks for a total of seven colors. Screen Graphic Solutions Co. Ltd. has also introduced proprietary color management technologies for this version in collaboration with CGS Publishing Technologies (Germany).
Europe dominates the inkjet printer market
With the growing demand for packaging solutions in Spain, supporting service providers and equipment suppliers are flocking to meet the needs of the suppliers. For example, digital printing company EFI is strengthening its presence in the Spanish packaging market as two companies based in the country have decided to invest in Nozomi C18000 LED inkjet corrugated packaging printing technology.
In December 2019, the Vignola Consortium used an HP PageWide T1100S high speed color inkjet corrugated packaging machine to print a unique QR code on each box of Vignola cherries. It allows customers to scan the code and create a short link to a unique website where they can see traceability information for their specific box of cherries.
In addition, there are many manufacturers of print labeling equipment in Italy, such as Lombardi, who equip flexographic printing machines with conversion technology. It also offers custom inkjet solutions. OMET also offers label and packaging printing machines.
However, etiquette Pierre Foucher and commercial offset printer Imprimerie Coste & Films switched from inkjet technology to installing AccurioLAbel 230 toner-based printers to meet customer demand for shorter runs and short lead times.
Main topics covered:
2 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
4.1 Market overview
4.2 Introduction to Market Drivers and Restrictions
4.3 Market drivers
4.3.1 Big Data, the Internet of Things and the digitization of printing processes and packaging
4.3.2 Smart production, speed, flexibility and cost control
4.4 Market Restrictions
4.4.1 Growing popularity of digital advertising media
4.4.2 High prices and investments as well as technological constraints
4.4.3 Cutthroat competition between established technologies such as flexographic printing and screen printing
4.5 Market Opportunities
4.5.1 A shift towards sustainability can increase market growth.
4.6 Industry Attractiveness – Porter’s Five Forces Analysis
4.7 Effects of COVID-19 on Industry
5 MARKET SEGMENTATION
5.1.1 Books / publications
5.1.2 Commercial printing
5.1.7 Other applications (photo books, magazines, newspapers, security)
5.2.1 North America
126.96.36.199 Eastern Europe
188.8.131.52 Western Europe
5.2.4 Latin America
5.2.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company profiles
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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