Industrial Inkjet Printers Market Analysis: Key Players and Future Prospects

According to the report by Expert Market Research (EMR), the global industrial inkjet printers market size reached a value of nearly USD 9.27 billion in 2023. Aided by the growing industrial applications of inkjet printers and technological advancements in printing, the market is projected to grow at a CAGR of 6.3% between 2024 and 2032 to reach a value of around USD 16.12 billion by 2032.

Industrial inkjet printers employ a non-contact printing method, which allows for printing on a wide range of materials, including plastics, metals, and even glass, with high precision and flexibility. This versatility is one of the key factors driving the adoption of inkjet technology in industrial applications.

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Continuous innovations in inkjet technology, such as the development of high-speed and high-resolution printers, are significantly enhancing productivity and quality in industrial printing. These advancements are attracting a broader base of industrial users who require efficient and effective printing solutions. This is expected to drive the industrial inkjet printers market growth.

The global increase in e-commerce and consumer goods consumption has led to a surge in demand for personalised and flexible packaging solutions. Industrial inkjet printers, with their ability to cater to variable data printing and just-in-time printing needs, are ideally suited to meet these demands. This is expected to accelerate the industrial inkjet printers market development.

The textile industry is undergoing a digital transformation with the adoption of inkjet printing for fabrics. This shift is driven by the demand for faster production cycles and the ability to produce more complex and colourful designs on textiles, which inkjet technology facilitates. This is one of the key industrial inkjet printers market trends.

Stricter environmental regulations are pushing companies to adopt eco-friendly printing solutions. Industrial inkjet printers, compatible with solvent-free inks and capable of reducing waste, are becoming increasingly popular as a result.

Despite the promising growth prospects, the market faces challenges such as high initial investments and the need for skilled operators to manage advanced inkjet printing systems. Moreover, the ongoing global supply chain disruptions have impacted the availability and cost of raw materials, affecting overall market dynamics.

However, the challenges also present opportunities for industrial inkjet printers market players. There is a growing opportunity for the development of cost-effective and user-friendly industrial inkjet printers that can cater to small and medium-sized enterprises (SMEs). Additionally, advancements in 3D printing technology and its integration with inkjet printing open new avenues for the market expansion.

The Asia-Pacific region, led by China and India, is anticipated to dominate the market during the forecast period, driven by rapid industrialisation and the growing packaging and textile industries. North America and Europe also hold significant market shares, supported by advanced technological infrastructure and stringent environmental regulations.

In North America, the industrial inkjet printers market growth is bolstered by advanced technological infrastructure and a strong emphasis on innovation. The need for inkjet printers is driven by diverse industrial demands, particularly from the packaging, advertising, and electronics sectors, which require high-quality, rapid production capabilities. Moreover, the presence of major players who continually invest in R&D to improve inkjet technology enhances the market's dynamics, positioning North America as a leader in adopting and advancing industrial inkjet printing solutions. This is expected to drive the global industrial inkjet printers market expansion.

As industries continue to evolve and demand more versatile and sustainable printing solutions, the global industrial inkjet printers market is expected to witness significant growth in the forecast period. Companies in the market will likely focus on innovation, environmental sustainability, and meeting the customised needs of their diverse clientele to capitalise on the emerging market opportunities. The future of industrial printing appears vibrant, with inkjet technology at the forefront of this transformation.

Market Segmentation                            

The market can be divided based on type, machine type, application, and region.

Market Breakup by Type

On-Demand Inkjet Printer
Continuous Inkjet Printer

Market Breakup by Machine Type

1 - 4 Lines Small Character Inkjet Printing Machine
1 - 5 Lines Inkjet Printing Machine
1 - 6 Lines Inkjet Printing System
Big Character Inkjet Coding Machine
Others

Market Breakup by Application

Electrical and Electronics Components
Ceramics
Food and Beverages
Packaging
Cosmetics
Automotive
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global industrial inkjet printers market. Some of the major players explored in the report by Expert Market Research are as follows:

Ricoh Company Ltd.
Keyence Corporation
Arrow Systems Inc.
InkJet, Inc.
Hitachi, Ltd.
Citronix Inc
Dover Corporation (Markem-Imaje Group)
Weber Marking Systems GmbH
Pannier Corporation
Others

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