Press release
Industrial Inkjet Printers Market Future Forecast Indicates Impressive Growth Rate by 2028
The industrial inkjet printers market was valued at US$ 9,176.42 million in 2021 and is projected to reach US$ 15,376.76 million by 2028; it is expected to grow at a CAGR of 7.7% from 2021 to 2028.Industrial inkjet printing uses inkjet technology to print or deposit materials as a part of the manufacturing process of a product on a production line. The idea is similar to that of a desktop inkjet printer, but the scale is vastly different in terms of machine size and speed, as well as the diversity of fluids that must be deposited. The industrial inkjet printers are majorly used for labelling and coding a product. The rising global packaging industry, combined with the faster operating speeds provided by industrial inkjet printers, is anticipated to increase the use of industrial inkjet printers in packaging.
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Anser Coding, Beijing Hi-Pack Coding, Citronix, Control Print, Domino, Ebs Ink Jet Systeme, Hitachi, Iconotech, ITW Company, Kba-Metronic, Keyence, Kortho, Leibinger, Linx, Markem-Imaje, Matthews Marking Systems, Squid Ink Manufacturing, United Barcode Systems, Videojet, Weber Marking, and Zanasi are among the well-established players operating in the industrial inkjet printers market.
Flexible packaging allows better transportation of the packaged goods and enables customizable designs and a better life span for the packaged goods. As per the Flexible Packaging Association, flexible packaging is considered as the second-largest contributor to the growth of the packaging market in the US, as it accounted for ~19% share of the market in the country in 2018, which was worth US$ 170 billion.
Industrial inkjet printers were initially designed to use in the marking and coding applications in packaging. The inkjet printing on flexible packaging helps maintain the quality of imprinted images and enhances the overall graphic representation during the phases such as manufacturing, packaging, transportation, and the final use of the product. Various advancements in printing techniques, such as better ink formulation, improved resins deployment, and high-performance printing equipment, help inkjet printer manufacturers enhance the printer performance. These developments have enabled industrial inkjet printers to meet the performance standards associated with the flexible packaging materials. For instance, Marabu is involved in the production and supply of water-based inkjet inks. The inks are used in the printing on flexible packaging for food and beverages products as well as consumer goods, such as cardboard boxes, toys, and wallpapers.
Further, these printers are now being utilized in various industries-such as the textile and healthcare industries. There have been several developments in textile printing techniques, from block printing to rotary screen-printing machines, as well as in dry heat transfer printing. In this printing technique, an artwork is processed by a desktop and then printed directly on a fabric. The textile inkjet printer aids the manufacturer to print different designs, colors, and patterns on the same fabric with more operating speed, ranging up to 1,000 meters per minute. All these factors are propelling demand for industrial inkjet printers during the forecast period.
Industrial Inkjet Printers Market, by Technology
CIJ Printer
DOD Inkjet Printer
Industrial Inkjet Printers Market, by End User
Food and Beverages
Automobile
Packaging
Cosmetic
Medical
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