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Inkjet Printers Market Analysis, Trends, Growth, Research And Forecast 2032
Inkjet Printers Market
The Business Research Company's Inkjet Printers Global Market Report 2023 identifies the expansion of the advertising industry as the major driver for the inkjet printers market's growth in the forecast period. The advertising industry refers to the sector that encompasses activities related to creating, planning, executing, and managing promotional campaigns and messages to reach and persuade target audiences. Inkjet printers play a significant role in the advertising industry by facilitating the production of various advertising materials. Inkjet printers offer several benefits that make them valuable tools for advertising agencies.
The global inkjet printers market size is expected to grow from $42.93 billion in 2022 to $45.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.76%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of inkjet printers market is expected to reach $57.77 billion in 2027 at a CAGR of 5.95%.
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Major competitors in the inkjet printers market are Hitachi Industrial Equipment Systems Co Ltd., HP Inc., Videojet Technologies Inc., Canon Inc., Fujifilm Holdings Corporation, Kyocera Corporation, Ricoh Company Ltd., Seiko Epson Corporation, Xerox Holdings Corporation, Konica Minolta Business Solutions India Private Limited, Brothers Industries Ltd., Keyence Corporation, Zebra Technologies Corporation, Lexmark International Inc.
A key trend in the inkjet printers market includes technological advancement. Companies operating in the inkjet printers market are adopting new technologies to sustain their position in the market. For instance, in February 2023, Mimaki Engineering Co. Ltd., a Japan-based inkjet printer manufacturing company, launched the TxF150-75, its first direct to film (DTF) technology inkjet printer. It involves a built-in ink circulation system and degassed ink pack design technologies, including the nozzle check unit and nozzle recovery system, ensuring that operations run smoothly with little need for intervention. With its full-color printing capabilities, the technology can also produce eye-catching graphics.
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The inkjet printers market is segmented -
• By Type: Multifunctional Printers, Desktop Printers, Large Format Printers, Inkjet Press, Industrial Inkjet Printers, Textile Printers, Other Types
• By Technology: Continuous Inkjet, Drop On Demand, UV Inkjet, Other Technologies
• By Application: Packaging And Labeling, Publishing, Advertising, Textile Printing, Photo Printing, Other Applications
• By End User: Consumer, Education, Industrial, Textile, Pharmaceutical, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.North America was the largest region in the inkjet printers market.
The Business Research Company's "Global Inkjet Printers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Inkjet Printers Market Include:
1. Executive Summary
2. Inkjet Printers Market Characteristics
3. Inkjet Printers Market Trends And Strategies
4. Inkjet Printers Market - Macro Economic Scenario
5. Global Inkjet Printers Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Inkjet Printers Market Competitive Benchmarking
33. Global Inkjet Printers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Inkjet Printers Market
35. Inkjet Printers Market Future Outlook and Potential Analysis
36. Appendix
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