Press release
Global UV Inkjet Printing Market Expansion at 9.4% CAGR, Valued at $86.05 Billion by 2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.What Are the UV Inkjet Printing Market Size Forecast for 2025?
The market for UV inkjet printing has experienced substantial growth in recent years, with its value set to increase from $54.85 billion in 2024 to $60.09 billion in 2025. This translates to a compound annual growth rate (CAGR) of 9.6%. Factors contributing to this uptick during the historical period include the emergence of hybrid printing systems, a surge in on-demand printing services, the escalating utilization of e-commerce, an extended footprint in textile printing, and e-commerce growth.
What Is the Market Size Outlook for UV Inkjet Printing Until 2029?
Expectations are high for a substantial increase in the uv inkjet printing market size in the coming years, with projections estimating it to grow to $86.05 billion by 2029, boasting a compound annual growth rate (CAGR) of 9.4%. This growth during the forecast period could be traced back to a myriad of factors including the growing need for custom and tailored printing, an augmented demand in the realms of packaging and labeling, the increasing preference for eco-friendly UV-curable, escalating usage of UV inkjet printers within industrial spheres, and a spiked demand for digital printing offering versatility and efficiency. Important trends anticipated within this forecast period encompass technological progression, the emergence of hybrid printing systems, 3D UV printing, the union of UV inkjet printers with automation, and the formulation of superior UV inks.
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What Are the Major Factors Driving Demand in the UV Inkjet Printing Market?
The UV inkjet printing market is anticipated to grow due to the increasing demand in the packaging industry. The packaging industry encompasses the techniques and methodologies used in the creation, design, and implementation of packaging materials and product labels. UV inkjet printing is sought after in this sector because of its capacity to provide versatile and environmentally friendly printing solutions with superior quality that align with the dynamic demands of brand proprietors, converters, and their customers. It adds value by enhancing efficiency, quality, and sustainability, thereby enabling businesses to create appealing, practical packaging solutions that meet current customer needs. For instance, the Flexible Packaging Association, a US-based organization, released a report in 2022 stating that the flexible packaging industry in the United States had a sales revenue of $41.5 billion that year. In 2021, the sales of the U.S. flexible packaging industry were forecasted to be $39 billion. Therefore, increasing demand in the packaging industry is likely to stimulate the growth of the UV inkjet printing market.
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How Are End-Use Segments Shaping the UV Inkjet Printing Market Outlook?
The uv inkjet printing market covered in this report is segmented -
1) By Type: Solid Inkjet, Liquid Inkjet
2) By Application: Commercial Use, Home Use
3) By End-Use Industry: Advertising And marketing, Packaging, Textiles And Apparel, Automotive, Manufacturing, Other End-Use Industries
Subsegments:
1) By Solid Inkjet: UV Solid Inkjet Printers, UV Curable Solid Inkjet Inks
2) By Liquid Inkjet: UV Liquid Inkjet Printers, UV Curable Liquid Inkjet Inks
What Are the Strategic Trends Transforming the UV Inkjet Printing Market Landscape?
Significant operators in the UV inkjet printing market are honing in on the development of revolutionary technologies such as robust technologies. These innovative solutions aim to heighten printing speed, and quality, increase versatility, and support sustainability while minimizing waste. These "robust technologies" are highly dependable, resilient, and perform consistently across varying conditions. For example, Mimaki Engineering Co., Ltd., a Japanese firm specializing in printing technology, unveiled the UJV100-160Plus and the UCJV330-160 in September 2023. The UCJV330-160, characterized by remarkable speeds of up to 28 m2/h in a four-color setting, and 18 m2/h with the use of white or clear inks, promotes quicker project completion times. This model employs sophisticated ink projection technology which mitigates color inconsistencies and guarantees superior quality output, even when operating at maximum speed.
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Who Are the Prominent Companies in the UV Inkjet Printing Market by ?
Major companies operating in the UV inkjet printing market are HP Inc., Canon Inc., Fujifilm Holdings Corporation, Mutoh Holdings Co. Ltd., Ricoh Company Ltd., Seiko Epson Corporation, Konica Minolta Inc., Xerox Holdings Corporation, Brother Industries Ltd., Toshiba Tec Corporation, Heidelberger Druckmaschinen AG, Bobst Group SA, Agfa-Gevaert Group, Domino Printing Sciences plc, Roland DG Corporation, Electronics For Imaging Inc., Durst Group, Xaar plc, Phoseon Technology Inc., Inkcups Now Corporation, Kao Collins Inc., Squid Ink Manufacturing Inc.
Which Region Is Expected to See the Highest CAGR in the UV Inkjet Printing Market?
North America was the largest region in the UV inkjet printing market in 2024. The regions covered in the UV inkjet printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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