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Printing Toners Market to Surpass $6.55 Billion by 2029 | Key Trends & Insights
Printing Toners
How Will the Printing Toners Market Grow by 2025 in Terms of Size and Growth?
The market size for printing toners has significantly increased in the past few years. The market is projected to surge from $4.74 billion in 2024 to $4.99 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.4%. The expansion during the historic period is due to the growth in the packaging sector, the rise in demand for printed materials, broadening of the commercial printing industry, the internationalization of the printing industry, and the surge in laser printer adoption.
What Are the Estimated Growth Rates for the Printing Toners Industry Through 2029?
Forecasts suggest that the printing toners industry is set to witness robust growth in the upcoming years, with a potential to reach $6.55 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.0%. Factors propelling this growth during the forecasted timeline are linked to the increasing necessity for eco-friendly printing methods, the flourishing e-commerce sector, a rise in the utilization of 3D printing, the extension of packaging and labeling industry, advances in high-velocity inkjet printing, and a surged need for personalized printing options. Key patterns noted for this period indicate a move towards the use of water and bio-based toners, a transition to digital printing techniques, a heightened attention towards energy saving printing technology, the advent of smart printing technology, and the embedding of artificial intelligence within printing processes.
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What Are the Strategic Drivers Boosting Printing Toners Market Performance?
The increasing need for printers is likely to drive the expansion of the printing toner market. Printers are hardware output devices that take in text and graphic data from a computer and transmit it onto paper. These devices rely on ink or toner to imprint images on paper or other surfaces with accuracy, swiftness, and clarity. As per Smithers, a multinational firm based in the US, it is projected that the analogue printing industry will grow by 0.8% from 2022 to 2027, whereas the digital printing sector is projected to expand by 5.7%. Hence, the escalating demand for printers is fuelling the expansion of the printing toner market.
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What Are the Segments in the Printing Toners Market?
The printing toners market covered in this report is segmented -
1) By Type: Laser Toner, Analog Copier Toner, Digital Copier Toner, Other Types
2) By Technology: Conventional Toners, Chemical Toners
3) By Raw Materials: Polyester, Styrene-Acrylic, Specialty Polymers
4) By Application: Monochrome Printing, Color Printing
5) By End-User: Printing, Stationary, Packaging, Fast Moving Consumer Goods, Advertising, Branding, Other End-Users
Subsegments:
1) By Laser Toner: Standard Laser Toner, High-Yield Laser Toner, Specialty Laser Toner
2) By Analog Copier Toner: Black Copier Toner, Color Copier Toner, Specialty Analog Copier Toner
3) By Digital Copier Toner: Black Digital Copier Toner, Color Digital Copier Toner, High-Performance Digital Copier Toner
4) By Other Types: Toner Cartridges for Multifunction Printers, Specialty Toners, Refillable Toner Options
What Are the Key Adoption Trends in the Printing Toners Market?
The trend of product innovation is increasingly becoming significant in the printing toner market. Major companies within this market are focusing on developing innovative products as a strategy to consolidate their market presence. For instance, in May 2023, Print-Rite Inc., a US firm that offers high-quality imaging supplies, introduced Toner Cartridges for Kyocera Printers. With a unique chip, first-to-market reliable, IP-safe technology, top-quality printing performance, and professional-grade prints, it offers outstanding features. It employs indelible ink to provide superior security, setting it apart from others.
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Which Companies Lead the Competitive Landscape of the Printing Toners Industry?
Major companies operating in the printing toners market include Dell Inc., Hewlett-Packard Inc., Panasonic Corp., Canon Inc., Toshiba Corporation, Fujifilm Holdings Corporation, Kyocera Corporation, Ricoh Company Ltd., Kao Corporation, Seiko Epson Corp., Konica Minolta Inc., Xerox Holdings Corporation, Brother Industries Ltd., Lexmark International Inc., Pitney Bowes Inc., The Eastman Kodak Company, Raven Industries Inc, ACM Technologies Inc, Tokyo Printing Ink Mfg Co. Ltd., Olivetti S.p.A, Clover Imaging Group, INX International Ink Co, AstroNova Inc., TROY Group Inc., Tomoegawa Co Ltd, Toner Italia SRL, DuraFast Label Company, Samsung Fine Chemicals Co. Ltd, Colart International Holdings Ltd, American Tonerserv Corp.
Where Are the Key Printing Toners Market Opportunities by Region?
North America was the largest region in the printing toners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the printing toners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Reach Out to Us
Speak With Our Expert:Saumya Sahay,
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
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