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Top Trends Transforming the Inkjet Printers Market Landscape in 2025: Technological Advancements Driving Innovation In Inkjet Printers Market
Inkjet Printers Market
What Will the Inkjet Printers Industry Market Size Be by 2025?
In previous years, the inkjet printers market has seen significant expansion. This market will rise from $48.47 billion in 2024 to $51.2 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. The surge in growth during the historical period is due to the revolution in home printing, the uptake by small and medium-sized businesses, the rise of e-commerce, increased environmental consciousness, and the embrace of this technology in the education sector.
What's the Long-Term Growth Forecast for the Inkjet Printers Market Size Through 2029?
The market for inkjet printers is anticipated to experience robust expansion in the coming years, with the market estimated to reach $65.94 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.5%. The projected growth during this period can be credited to the incorporation of 3D printing, the surge in remote work, demands for customisation, the advancement in augmented reality printing and the use of bioprinting. The period also expects to see major trends such as the rapid growth in digital photography, advancement in technology, predominance of mobile printing, increase in subscription-based printing services, and the implementation of artificial intelligence in printing.
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What Are the Key Growth Drivers Fueling the Inkjet Printers Market Expansion?
The growth of the inkjet printers market is anticipated to be driven by the expansion of the advertising sector. The advertising industry, which includes the creation, planning, execution, and management of promotional campaigns and messages designed to reach and persuade various demographics, heavily relies on the capabilities of inkjet printers. Inkjet printers are an integral part of advertising agencies due to the numerous benefits they provide, such as the production of a wide range of advertising resources. For example, per the Ireland-based advertising firm Publift in September 2024, the United States holds a dominant position in the global advertising market, with the projected ad spending reaching nearly $300 billion in 2023. This surpasses the markets in countries like China and Japan. In 2022, digital advertising represented 67% of the total global ad revenue, which is expected to rise to 70% by 2025. Meanwhile, digital advertising in the U.S. comprised 61% of the market in 2022. As such, the surge in the advertising industry is promoting the growth of the market for inkjet printers.
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What Are the Key Trends Driving Inkjet Printers Market Growth?
The development of new technologies is proving to be a significant trending factor in the inkjet printers market. To maintain their competitive edge in the market, companies in this sector are incorporating these novel technologies. For example, Mimaki Engineering Co. Ltd., a firm from Japan that manufactures inkjet printers, introduced its first-ever direct to film (DTF) inkjet printer, the TxF150-75, in February 2023. This printer features a comprehensive built-in ink circulation system as well as a degassed ink pack design technology, which includes the nozzle inspection unit and nozzle recovery system. These technologies collectively ensure smooth operation with minimal intervention required. Its ability to produce vibrant, full-color prints further enhances its appeal.
How Is the Inkjet Printers Market Segmented?
The inkjet printers market covered in this report is segmented -
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
Subsegments:
1) By Multifunctional Printers: All-In-One Printers, Wireless Multifunction Printers
2) By Desktop Printers: Personal Inkjet Printers, Home Office Inkjet Printers
3) By Large Format Printers: Wide-Format Printers, Super-Wide Format Printers
4) By Inkjet Press: Digital Inkjet Presses For Commercial Printing, Production Inkjet Presses
5) By Industrial Inkjet Printers: Inkjet Printers For Packaging, Inkjet Printers For Labeling
6) By Textile Printers: Direct-To-Fabric Printers, Sublimation Inkjet Printers
7) By Other Types: Photo Inkjet Printers, Specialty Inkjet Printers
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Which Companies Are Leading the Charge in Inkjet Printers Market Innovation?
Major companies operating in the inkjet printers market 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
Which Regions Are Leading the Global Inkjet Printers Market in Revenue?
North America was the largest region in the inkjet printers market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inkjet printers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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