Digital Production Inkjet Printing: Global Market Strategic Insights and Key Industry Dynamics

According to our latest study on "Digital Production Inkjet Printing Market Forecast to 2030 - COVID-19 Impact and Global Analysis - by Type, Production Method Application," the Digital Production Inkjet Printing Market size was valued at US$ 4.99 billion in 2022 and is expected to reach US$ 7.53 billion by 2030. The Digital Production Inkjet Printing Market is expected to record a CAGR of 5.3% from 2022 to 2030.

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Rising Use of Sheetfed Inkjet Lucrative Opportunities for Digital Production Inkjet Printing Market Growth During Forecast Period
Digital printing offers several benefits to book publishers and printers, including reduced lifecycle costs of book warehousing and returns and a more economical printing method. The digital book printing industry widely adopted digital color presses. Initially, sheetfed digital color toner presses were the only digital printing devices that printed acceptable quality on the required stocks. Moreover, according to a survey by Kyocera, the consumer communications market will continue to represent approximately 40 billion annual pages in the US until 2026, as the annual pace of reduction has halted. This data indicates that in 2026, ~1.6 billion pages will be convertible from toner to inkjet. This volume is most likely distributed across thousands of smaller printing firms and in-plant activities with lesser annual volumes. The needs of this smaller customer segment are boosting sheetfed inkjet installations, particularly B3 format inkjet. The B3 sheetfed inkjet format particularly appeals to businesses switching from same-format toner devices.

The use of B3 sheetfed inkjet helps reduce costs and improve efficiency with minimal training. It also faces fewer financial and logistical challenges compared to other traditional printers while converting to a roll-fed inkjet environment. Overall, inkjet printing offers several advantages over traditional printing methods, such as lower costs, faster turnaround times, and the ability to print on a broader range of materials. Therefore, the rising use of sheetfed inkjet printing is driving the digital production inkjet printing market growth.

Key Findings of Digital Production Inkjet Printing Market Study:
The Digital Production Inkjet Printing Market is segmented on the basis of type, material, and application, and geography. Based on type, the Digital Production Inkjet Printing Market is segmented into shell and tube, plate and frame, air cooled, and others. By material, the Digital Production Inkjet Printing Market is segmented into steel, copper, and others. Based on application, the market is segmented into energy, chemical, food and beverages, pulp and paper, and others. By geography, the Digital Production Inkjet Printing Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America.

Global digital production inkjet printing market size is segmented by application into transactional, advertising, publishing, and others. the advertising segment held the largest share of the digital production inkjet printing market in 2022. Digital production inkjet printing is a versatile technology that can be used in a variety of applications in the advertising industry. For example, inkjet printers can be used to print personalized direct mail pieces, such as postcards, letters, and catalogs. This allows advertisers to target their messages more effectively and increase the chances of getting a response. Furthermore, inkjet printers can be used to create high-quality point-of-purchase displays, such as posters, banners, and window clings. Therefore, owing to the various applications of digital production inkjet printers in advertising, the digital production inkjet printing market is expected to continue growing in the coming years.

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The Key Players, Holding Majority Shares, In Digital Production Inkjet Printing Market Includes
Hewlett-Packard Development Co LP, Canon Inc, Ricoh USA Inc, FUJIFILM Business Innovation Singapore Pte Ltd, Xerox Holdings Corp, Konica Minolta Business Solutions India Pvt Ltd, Eastman Kodak Co, Colorjet India Ltd, SCREEN GP Americas LLC, Inca Digital Printers Ltd and Epson India Pvt Ltd

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