Wilmington, Delaware (United States), Sept. 5, 2023. Transparency Market Research Inc. The global market for industrial inkjet printers is expected to thrive A CAGR of From 2022 to 2030, the rate of growth will be 4.3%. TMR’s report estimates that the market will be valued at US$ 13.2 Billion in 2031. The market for industrial printers is expected to reach US$ 9.4 Billion by 2023.
Increasing application of industrial inkjet printers in various end –use industries such as pharmaceuticals, food and beverage, chemical and personal care & cosmetics. Due to the cost-effectiveness of industrial inkjet printing for product marking, coding, and labeling, demand for these printers is increasing.
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Competitive Landscape
The market for industrial inkjets is highly consolidated. A few large vendors control the majority of the market share. Transparency Market Research’s report on the global industrial inkjet printer market profiles the following key players:
- ANSER CODING INTERNATIONAL INC.
- Engineered Printing Solutions
- Hitachi Industrial Equipment & Solutions America, LLC
- InkJet, Inc.
- ITW Diagraph
- KEYENCE CORPORATION
- KGK Jet India Private Limited
- Konica Minolta, Inc.
- Markem Imaje, Dover Company
- Squid Ink
- Videojet Technologies, Inc.
- Weber Packaging Solutions
Industrial Inkjet Printers Market Developments
- InkJet, Inc. introduced the Anser A1 is the first all-in-one thermal inkjet printer with the capability of a 2″ print while being able to adjust DPI by object within the message for ultimate control of cartridge consumption
- Nilkamal has introduced the continuous inkjet Nilkamal F560plus printer. It is equipped several desirable features including a simple ink system that uses 3D technology, and it does not require lock-out time, which guarantees high durability. The printer is modular and robust, which makes it easy to operate. The filter can be easily replaced and lasts up to two full years.
Growing stringent regulations regarding product labeling, and traceability in different industries. The demand for industrial inkjet printers is driven by the need to comply with regulations, which are imposed on businesses, through accurate and legible markings of products, packaging and labels.
Market Study Key Takeaways
- The industrial inkjet printer market is expected to reach US$ 9.0 billion by 2022.
- As they are heatproof and offer an aesthetic appeal, the segment of continuous inkjet will enjoy high demand. They will accumulate a high share of revenue during the forecasted period.
- During the forecast period, it is expected that the primary packaging print segment will dominate the market.
- The pouches segment will generate high revenues based on the application during the forecast period.
- Direct sales dominate the market based on the distribution channel.
Industrial Inkjet Printers MarketTrends and Opportunities
- The growth of packaged goods was driven by economic growth, and the increasing demand from consumers. This growth is driven by the growing demand for industrial packaging printers and direct-to garment (DTG), textile printers.
- Manufacturers are concentrating on developing printers with innovative features that can handle images and variable data easily. Key players in the global market are introducing innovations in industrial 3D printers to gain maximum revenue benefits.
- Integration of Industrial Inkjet Printers with Industry 4.0 Technologies, such as IoT and Data Analytics, allows real-time monitoring and predictive maintenance.
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Industrial Inkjet Printers Market – Regional Analysis
- Asia Pacific is projected to dominate the market for industrial inkjets during the forecasted period. This is due to rapid urbanization, industrialization, and development in developing nations of this region. The manufacturing industry is experiencing significant growth, which drives the demand for code and mark printers to identify and track products.
- North America is expected accumulate a significant share of the industrial inject printers market due to the demand for high resolution and large format inkjets for advertising, signage, textiles, and other applications. Market growth was primarily driven by an increase in manufacturing, especially automotive and packaging.
Industrial Inkjet Printers Market – Regional Analysis
Types of
- On Demand Inkjet Printer
- Continuous Inkjet Printer
Packaging Type
- Primary Packaging Printing
- Secondary Packaging Printing
- Packaging printing in the Tertiary Stage
Useful Information
- Pouches Printing
- Corrugated Boxes Printing
- Packaging Films printing
- Bottles Printing
- Other Materials (Wire or Cables and Building Materials)
End-use Industry
- Food and Beverage
- Chemicals
- Pharmaceutical
- Packaging
- Personal Care & Cosmetics
- Others (Textile, Construction, etc.)
Distribution Channel
- Direct Sales
- Indirect Sales
You can also read more about the region.
- North America
- Europe
- Asia Pacific
- MEA
- South America
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