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Global Large Format Printers Market: Predicted Growth, Key Drivers, and Emerging Trends
Global Large Format Printers Market
What Is The Projected Market Size Of The Global Large Format Printers Market And Its Growth Rate?
The Global Large Format Printers Market has witnessed considerable growth and is expected to continue this trend:
• The market grew from $9.58 billion in 2024 to $9.88 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 3.1%.
• This growth can be linked to demand for high-quality printing, growth in the advertising sector, graphic arts popularity, wide substrate compatibility, and growth in textile and fabric printing.
• By 2029, the market is estimated to expand to $12.65 billion, displaying a CAGR of 6.4%.
• This projected growth can be attributed to a rise in promotional merchandise, energy-efficient printing solutions, increased use in educational materials printing, continuous feed printing systems, and global economic recovery.
What Is Driving The Growth In The Large Format Printers Market?
The growth in the textiles, advertising, and packaging industries has significantly contributed to the expansion of the large format printer market. Large format printers enable companies to bolster their brands by promoting or launching new products, subsequently reaching a wider customer base. The use of large format printers in the textile industry has grown exponentially due to the automation of printing on various textiles. The India Brand Equity Foundation (IBEF) projects the Indian textile market to be worth more than $209 billion by 2029 with a healthy growth rate in home textile exports at 9% in 2021. These indicators point towards a prosperous future for large format printers in the forthcoming years.
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Who Are the Key Players Driving Large Format Printers Market Growth?
The major players in the large format printers market include:
• Agfa-Gevaert N. V.
• Canon Inc.
• Durst Phototechnik AG
• Seiko Epson Corporation
• Xerox Holdings Corporation
• Hewlett-Packard Development Company L. P.
• Konica Minolta Inc.
• Mimaki Engineering Co. Ltd.
• Mutoh Holdings Co. Ltd.
• The Ricoh Company Ltd.
• Roland DG Corporation
• Fujifilm Holdings Corporation
• Kyocera Corporation
• Lexmark International Inc.
• Shenyang Sky Air-Ship Digital Printing Equipment Co. Ltd.
• SwissQprint AG
• Oki Electric Industry Co. Ltd.
• Toshiba Tec Corporation
• Brother Industries Ltd.
• Panasonic Corporation
• Sharp Corporation
• KIP Inc.
• Dilli Co. Ltd.
• ColorTrac Group
• Neolt S. P. A
• CET Color Inc.
• EFI Inc.
• Summa NV
What Are The Key Trends In The Large Format Printers Market?
Key emerging trends in the large format printers market include:
• Dominance of digital printing
• The advent of direct-to-object printing
• Integration of 3D printing
• Print automation and workflow solutions
• Increased print speeds and resolutions
• Adoption of green printing practices
What Are The Segments Of The Global Large Format Printers Market?
The different segments of the Global Large Format Printers Market are:
1) By Technology: Ink-Based Technology, Toner-Based (Laser) Technology
2) By Ink Type: Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation
3) By Application: Apparel And Textile, Advertising, Décor, CAD And Technical Printing, Other Applications
Which Region Leads The Large Format Printers Market?
In 2024, North America was the largest region for the large format printer market, while Asia-Pacific is projected to be the fastest-growing region in the forecast period. Other regions covered in this market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Large Format Printers Market Global Market Report?
- Market Size Analysis: Analyze the Large Format Printers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Large Format Printers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Large Format Printers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Large Format Printers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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