Press release
Industrial Inkjet Printers Market - High Demand from Flexible Packaging and Textile Industries to Escalate the Market Growth
According to our latest market study on "Industrial Inkjet Printers Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology (CIJ Printer and DOD Inkjet Printer) and End User (Food and Beverages, Automobile, Packaging, Cosmetic, Medical, and Others)," the 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. The report highlights key factors driving the market growth and prominent players along with their developments in the market.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. Inkjet printers are used in industries to print dates, barcodes, logos, and lot codes on a variety of shapes and sizes of products. Various benefits such as the lower maintenance costs and the ability to fill various types of inks in industrial inkjet printers are expected to drive the growth of industrial inkjet printers market during the forecast period.
Get PDF Brochure - https://www.theinsightpartners.com/sample/TIPRE00022527/?utm_source=OpenPR&utm_medium=10562
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.
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.
Impact of COVID-19 Pandemic on Industrial Inkjet Printers Market
The ongoing COVID-19 pandemic has drastically altered the growth of the industrial inkjet printers market. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disturbed value chain restricted the supply of raw material. However, as the economies are planning to revive their operations, the demand for industrial inkjet printers is expected to rise globally in the coming months.
The focus on just-in-time production is another factor hindering the industrial inkjet printer market growth. With the projected rise in the importance of sustainability and application diversification in post-pandemic times, the demand for industrial inkjet printers is expected to take huge leaps. Several associations, such as The Association for Packaging and Processing (PMMI), are involved in keeping a close check on the effects of the pandemic on the printing and packaging industry along with providing necessary avenues thereof to the concerned parties. Therefore, effective measures taken by such associations, backed by positive government initiatives, to support the packaging industry are expected to generate demand for industrial inkjet printers in the coming years. Further, significant investments by prominent companies in the development of advanced products is yet another factor supporting the market growth.
Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Inkjet Printers Market - High Demand from Flexible Packaging and Textile Industries to Escalate the Market Growth here
News-ID: 3092744 • Views: …
More Releases from The Insight Partners
Genetic Testing Services Market Global Rising Demand & Huge Scope Till 2031
Genetic Testing Services Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market…
Acne Medication Market Size is Anticipated to Increase During the Study Period t …
Acne Medication Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market dynamics.
Request…
Confectionery coatings - A Complete PDF Guide
Confectionery coating is also known as a compound coating, candy wafers, and melting wafers. The wafers are made with trans-fat-free, so they do not require tempering. Confectionery coatings perform many functions in confectionery products such as flavoring agent, glazing agent, color enhancer, and fortifying agent.
Get Sample Copy of Report at: https://www.theinsightpartners.com/sample/TIPRE00012692/?utm_source=OpenPR&utm_medium=10188
Top Key Players :
· Blommer Chocolate Company
· …
Quantum Cryptography - Top Companies Regional and Data Analysis to 2031
Quantum Cryptography is a method of securing communication by using the principles of quantum mechanics. It relies on quantum particles, such as photons, to transmit data securely. The most well-known application is Quantum Key Distribution (QKD), which allows two parties to share a secret key that cannot be intercepted without detection. Its security is based on the laws of physics rather than mathematical complexity. Any attempt to eavesdrop disturbs the…
More Releases for Ink
Tattoo Ink Market to see Ongoing Evolution | Major Giants Intenze Ink, Eternal I …
HTF MI just released the Global Tattoo Ink Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Tattoo Ink Market are: Intenze Ink,…
Temporary Tattoo Market Is Booming Worldwide | Conscious Ink, Momentary Ink, Ink …
Advance Market Analytics published a new research publication on "Global Temporary Tattoo Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Temporary Tattoo market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Color Tattoo Ink Market 2023 Competitive Insights and Precise Outlook - Intenze …
Global Color Tattoo Ink Market research gives data of drive consolidations and securing procedures to grow market share and size for forecast period of 2023-2029. It further allows the industry leaders to penetrate deep into the marketing evaluation with the highest profitability. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This report is a detailed and comprehensive analysis for global Color Tattoo Ink market.…
Temporary Tattoo Market to Witness Stunning Growth | Inkbox Ink, Gold Ink Tattoo …
Latest released the research study on Global Temporary Tattoo Market, offers a detailed overview of the factors influencing the global business scope. Temporary Tattoo Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Temporary Tattoo. The study covers emerging player’s data, including: competitive…
Global Tattoo Ink Market Trend Analysis, Gross Margin Analysis and Forecast to 2 …
The Global Tattoo Ink Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The study provides company profiling, product picture and specifications, sales, market share and contact information of key manufacturers of Global Tattoo Ink Market.The Key manufactures involved in this market…
Tattoo Ink Market by Top Players – Alla Prima, Skin Candy, Dynamic Tattoo Inks …
This report studies the global Tattoo Ink market status and forecast, categorizes the global Tattoo Ink market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
The Global Tattoo Ink Market report provides comprehensive analysis of Tattoo Ink Production, Supply, Sales and Demand of the Tattoo Ink Market. The purpose of…
