Press release
Printing Toners Market future trends to 2024 key players Toshiba, Canon, Inc., Epson America Inc., Panasonic, HP, Lexmark, ACM Technologies, Inc., Citizen, Inc., IBM, Brother International Corporation
Printing Toners Market
Robust growth in packaging industry will be a significant driver to global printing toners market by 2024. Rising demand for the enhanced packaging designs from numerous industries including pharmaceutical, food & beverage, electronic gadgets, textile, etc. will propel the printing toners market size. Innovative trends in the advertising and branding industries, increasing importance to the aesthetic traits of the product labelling and packaging will also have positive influence on the industry over the forecast period.
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Conventional printing toners led the printing toners market in 2016 and generated revenue exceeding USD 2 billion. Conventional toners are projected to have substantial demand in the forecast period owing to their extensive applicability in various printing techniques and lower cost of operation.
Chemically prepared toners will be the fastest growing segment by 2024 with gains more than 7% CAGR. Moreover, commercialization of laser copiers compatible with the chemically prepared toners are likely to propel the demand for chemically prepared printing toners in forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Xerox Corporation
2. IMEX Co. Ltd
3. Toshiba
4. ACM Technologies
5. EPSON
6. Canon, Inc.
7. Citizen Inc.
8. HP Inc
9. Konica Minolta
10. IBM
11. Panasonic
12. American TonerServ Corp
13. Brother International Corporation
14. Lexmark
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Styrene-acrylic printing toners will witness gains of CAGR over 5.5%. The demand for styrene-acrylic resin will be particularly for the monochrome printing applications such as transactional documents (billing statements), books & manuals, forms, direct mail, sell sheets and reports. In 2016, polyester printing toners had contributed to revenue exceeding USD 1.5 billion and will have substantial rise by 2024.
Rise in Print On-Demand (POD) printing technique owing to the involved benefits such as printing costs reduction, lesser wastage, speedy delivery will boost the demand for polyester printing toners in the coming years. Polyester resins have been gaining wider acceptance in POD for their features such as low temperature fusing, mechanical toughness and longevity.
In 2016, color printing segment had surpassed USD 1.5 billion. Rising demand for aesthetic versatility in color printing in flexible cartons printing, desktop publishing, commercial printing, and others will boost color printing toners market share in forecast timeframe.
- Printing Toners Market by Production Technology
• Conventional Toner
• Chemically Prepared Toner
• Polyester
• Styrene-acrylic
- Printing Toners Market by Raw Materials
• Polyester
• Styrene-acrylic
- Printing Toners Market by Application
• Monochrome
• Color
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Printing toners market size was led by North America in 2016, with revenue more than USD 1 billion. The surge has been accredited to the technological expertise in laser printing coupled with massive demand in large-scale commercial printing. Asia Pacific is probable to have gains nearly 7% CAGR in the forecast timeframe. Growing demand for customized printers and thriving packaging industry will contribute to printing toners market growth in the region by 2014.
Significant market participants include: Konica Minolta, Canon, Inc., EPSON, HP Inc., Brother International Corporation, Toshiba, American Tonerserv Corporation, ACM Technologies, etc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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