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What’s driving the Production Printer Market Share? | Key Players are Canon, Inc., HP, Ricoh Company, Ltd., Konica Minolta & Eastman Kodak Company

07-04-2019 08:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

What’s driving the Production Printer Market Share? | Key

The production printer market is expected to reach $6.6 billion by 2023. The growth in the market can be attributed to surging demand for high-speed printing for several application areas such as commercial, publishing, and label & packaging.

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Based on type, the market for publishing application has been divided into education/books, newspapers/magazines, photos/postcards, directories, and others, wherein ‘others’ include periodicals and journals.

In terms of type, the market for commercial application has been categorized into manuals, brochures, menus, marketing collaterals, catalogues and others, wherein ‘others’ include stationery, leaflets, letterheads, event tickets, memo pads, desk pads, envelopes, stickers, calendars, and binders.

Based on application, the production printer market is segmented into commercial, publishing, transactional, and label & package and others, wherein ‘others’ include textile, panel, flow tiles, and wallpaper.

E-commerce industry is exhibiting robust growth, across the globe, with global retail e-commerce market value forecast to reach over $4.2 trillion by 2021, with over 15% growth in the period 2019-2021.

APAC production printer market held the highest market share in the global production printer market in 2017 and is expected to continue holding the largest share during 2018-2023.

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Some of the other key players operating in the production printer market include Canon Inc., HP Inc., Ricoh Company Ltd., Konica Minolta Inc., Agfa-Gevaert N.V., Electronics for Imaging Inc., Eastman Kodak Company, Inca Digital Printers Limited, and Miyakoshi Printing Machinery, Co., Ltd.

Global Production Printer Market Segmentation

Market Segmentation by Technology

• Inkjet
• Offset
• Flexography
• Laser
• Screen
• Gravure
• Toner
• Others (Pad, Dye-sublimation, Relief print)

Market Segmentation by Type

• Color
• Monochrome

Market Segmentation by Application

• Publishing

o Education/Books
o Newspapers/Magazines
o Photos/Postcards
o Directories
o Others (Periodicals, Journals)

• Commercial

o Marketing Collaterals
o Brochures
o Menus
o Manuals
o Catalogues
o Others (Stationery, Leaflets, Letterheads, Event Tickets, Memo Pads, Desk Pads, Envelopes, Stickers, Calendars, Binders)

• Label & Package

o Label
o Cartons
o Flexible Package
o Digital Smart Packing
o Direct to Object & Late Stage Customization
o Corrugated Packaging
o Others (Plastic Packaging, Anti-corrosive Packaging, Foil Sealed Bags)

• Transactional

o Bills/Invoices
o Policy Documents
o Cheques
o Statements
o Letters
o Cards
o Others (Identity proofs, Receipts, Debit/Credit Notes)
• Others (Textile, Panels, Floor Tiles, Wallpaper)

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About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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