Continuous Inkjet Printers Market is Anticipated To Register A Significant CAGR Over A Forecast Period
Printer is a widely used peripheral device used for the purpose of creating readable document through computer graphics. Continuous inkjet printer is among the oldest printing technology, which is continuing its dominance where speed and reliability is needed. In continuous inkjet printer, the individual drops of ink is electronically controlled to print character on the product. Generally dye-based ink is used in these kind of printers. Continuous inkjet printer caters to various industries such as food & beverage, pharmaceutical, automotive, cosmetics, electronics and other industrial sectors, where these printers are suitable for various marking and coding in packaging applications. Continuous inkjet printers are not labour-intensive. In addition, these printers are available with the option of altering languages as per the requirement of the client. Continuous inkjet printers are a reliable solution to mark and code on many types of materials, at any orientation and speed. Continuous inkjet printers are used to print lot codes, date, barcodes, logos and text to variety of substrate such as wood, plastic, glass, plastic, metal and others. Continuous inkjet printers can be used with ink with wide range of colours.
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Continuous inkjet printer market: Dynamics
The continuous inkjet printers market is growing with evolving printing industry. Rapid growth of industrialization across the globe is expected to drive the global continuous inkjet printer market over the next decade. In packaging, various industries such as food & beverage, cosmetics, pharmaceutical, automotive, electronics and others, need printing to promote their products. These factors are expected to drive the global continuous inkjet printer market growth over the forecast period. The ability of continuous inkjet printers to print on any substrate, is expected to drive the growth of the continuous inkjet printer market. The growing penetration of advertisement in the market is expected to drive the global continuous inkjet printer market growth over the next decade. The continuous inkjet printer is able to print on any kind of substrates such as metal, plastic, wood, paper, glass and others. This factor is expected to drive the global continuous inkjet printer market growth over the next ten years. Printing of barcodes and company’s logo on product is important for the manufacturer and this is done easily with continuous inkjet printer. This is expected to drive the global continuous printer market growth. These printers are available in various print speeds. The factor which might affect the global continuous inkjet printer market is availability of other printing technologies in the market.
APEJ region is expected to witness high growth due to rapid industrialization in the region and growing competition among manufacturers. North America and Western Europe markets are expected to witness average growth due to established market in the regions. The Latin America market is anticipated to witness high growth due to promising growth in advertising industry in the coming years. The Eastern Europe and Middle East & Africa continuous inkjet printer market are expected to witness average growth during the forecast period due to sluggish growth in printing industry. The Japan continuous inkjet printer market is expected to register average growth due to highly saturated market.
Continuous inkjet printer market: Key Players
The key players in global inkjet printer market are - Videojet Technologies, Inc., Hitachi America, Ltd., Linx Printing Technologies, Paul Leibinger GmbH & Co. KG, Keyence Corporation, Control Print Ltd., Markem-Imaje among others.
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