Press release
Production Printer Market 2021 Disclosing Latest Trends and Advancement Outlook 2026
The Production Printer Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Production Printer Market is estimated to grow at a CAGR of 5.26% during the forecast period over the forecast period, 2020 - 2025.
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Top Leading Companies of Production Printer Market are Xerox Corporation, Hewlett-Packard Development Company, L.P., Ricoh Company Ltd, Canon Inc., Eastman Kodak Company, Konica Minolta, Inc., Miyakoshi Printing Machinery Co.,Ltd., Inca Digital Printers Ltd. (Dainippon Screen Mfg. Co., Ltd) and others.
Industry News and Updates
- In January 2020 - Ricoh, a Japanese company, announced the start of the new manufacturing organization, Ricoh Manufacturing (China) Ltd, in April 2020. With the launch of production at the new manufacturing organization, existing production sites in China will be reorganized. Production at Ricoh Asia Industry (Shenzhen) Ltd was expected to end in the spring of 2020, and production at Ricoh Components & Products (Shenzhen) Ltd is likely to finish in the fall of 2020.
- In October 2019 - Canon announced the launch of the imagePRESS C165, a new addition to the imagePRESS series of color production printers. Supporting diverse output and in-house printing, the printer offers a high-productivity output of 65 pages per minute (ppm) when producing A4 documents in landscape mode, while requiring a small installation area similar to that of an office multi-function device.
Key Market Trends
Growth of Printing Applications in Packaging is Expected to Drive Growth
- Packaging applications are among the major sources of demand for production printers, as digital package printing has become more mainstream. Product manufacturers are increasingly addressing focused groups of buyers through increasingly customizing cardboard boxes and labels.
- Packaging gained high importance. While many printers and converters have used their printing systems for digital label production, in 2020, folding cartons and flexible packaging are expected to become increasingly focused. With tactile elements on packaging materials and creatively designed outer packaging, brand owners further focus on driving the consumers' attention on their products.
- The developed markets offer opportunities based on product differentiation. Consumers in the developed markets are willing to pay a premium for differentiation. Packaging can help in changing the perception of a product and acts as a price driver. This, in turn, is expected to create great print packaging opportunities by creating demands in innovation and design advances.
Regional Outlook of Production Printer Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Production Printer Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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