Global Digital Printer Market Is Growing At A Cagr Of 5.7% From 2022 To 2032: Fact.MR
The global digital printer market is estimated at USD 10.1 Billion in 2022 and is forecast to surpass USD 17.6 Billion by 2032, growing at a CAGR of 5.7% from 2022 to 2032.
Key Companies Profiled
Hewlett-Packard Development Company
Ricoh Company Ltd.
Inca Digital Printers Limited
Swiko Epson Corporation
Other Market Players
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Factors Supporting Market Demand of Digital Printer
The demand for sustainable printing is growing from packaging and textile industries across the globe. With the better understanding of print and its importance in the industry and marketing. New software tools, papers, and inks are evolving rapidly.
The demand for UV-cured ink for digital printing is huge and growing owing to the factors including eco-friendly, quick drying, resistance to the UV rays, and low cost. Increasing number of end-use industries are shifting from solvent ink to UV-cured inks.
The application of nanotechnology in printing has also increased in recent years. Due to the various advantages of Nano-pigments including excellent light absorbers and high ink coverage without causing cockling are resulting in the growing demand for Nano-graphic printing technology.
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Competitive Landscape: Top Companies in Digital Printer Market
The global digital printer market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of digital printer market.
Fact.MR has provided detailed information about price points of key manufacturers in digital printer market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
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Global Digital Printer Market by Category
By Product Type, Global Digital Printer Market is segmented as:
By Ink Type, Global Digital Printer Market is segmented as:
Dye Sublimation Ink
By Region, Global Digital Printer Market is segmented as:
South Asia & Oceania
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