Press release
Inkjet Printers Market: Strong Growth from $48.47 Billion in 2024 to $65.94 Billion in 2029
Inkjet Printers Market ShareA
What Is The Projected Market Size Of The Global Inkjet Printers Market And Its Growth Rate?
The inkjet printers market has displayed a reputable growth recently.
• From $48.47 billion in 2024, the market will rise to $51.2 billion in 2025 at a 5.6% CAGR.
• Factors for such growth are home printing revolution, SMBs' adoption, e-commerce growth, and gold standards in environmental consciousness.
• Further growth is projected in the coming years, with market size reaching $65.94 billion in 2029 at a CAGR of 6.5%.
• Factors cited for this forecasted growth include integration of 3D printing, the rise of remote work, customization demands, augmented reality printing, and bioprinting applications.
What Is Driving The Growth In The Inkjet Printers Market?
Growth in the inkjet printers market is driven by the expansion of the advertising industry, which greatly benefits from the advantages offered by inkjet printers in producing various advertising materials. An example of this is the thriving US advertising industry, estimated to spend close to $300 billion dollars in 2023, contributing significantly to the market growth.
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Who Are the Key Players Driving Inkjet Printers Market Growth?
Key players driving this market's growth include:
•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.
•Screen Holdings Co. Ltd.
•Agfa-Gevaert N.V.
•EFI Electronics for Imaging Inc.
•Markem-Imaje Corporation
•Domino Printing Sciences plc
•Xaar plc
•Mimaki Engineering Co. Ltd
•Roland DG Corporation
•Kornit Digital Ltd.
•Inkjet Inc.
•Pannier Corporation
•Durst Phototechnik AG
•Mutoh Holdings Co. Ltd
•Control Print Ltd.
•Colordyne Technologies LLC
What Are The Key Trends In The Inkjet Printers Market?
Key trends influencing the inkjet printers market include:
•Digital photography boom
•Technological advancements
•Mobile printing dominance
•Subscription-based printing services
•Integration of artificial intelligence in printing
What Are The Segments Of The Global Inkjet Printers Market?
The inkjet printers market can be segmented as follows:
1) By Type: Multifunctional Printers, Desktop Printers, Large Format Printers, Inkjet Press, Industrial Inkjet Printers, Textile Printers, Other Types
2) By Technology: Continuous Inkjet, Drop On Demand, UV Inkjet, Other Technologies
3) By Application: Packaging And Labeling, Publishing, Advertising, Textile Printing, Photo Printing, Other Applications
4) By End User: Consumer, Education, Industrial, Textile, Pharmaceutical, Other End Users
Which Region Leads The Inkjet Printers Market?
North America held the largest market share in the inkjet printers market in 2024. The report also predicts Asia Pacific to experience the fastest growth in the forecast period.
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What Is Covered In The Inkjet Printers Market Global Market Report?
- Market Size Analysis: Analyze the Inkjet Printers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Inkjet 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 Inkjet Printers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Inkjet Printers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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