Press release
Ink-Cartridge Market Set to Surge Significantly During 2017-2027
The overall ink cartridge market might witness a decline with the introduction of digitalization and innovations in technology as more enhanced printing components and laser tones. The changes in printing techniques, Wi-Fi networks, increasing use of mobile devices and screen-based applications might be a reason contributing to the decline in global ink-cartridge market.
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Ink-Cartridge Market: Drivers and Restraints
The launch of inkjet hardcopy peripherals offering ink-tanks that have extremely high page yield at very low cost of print per page are the significant developments in the ink-cartridge market. These enhancements are expected to support the global ink-cartridge market resulting into its overall global demand. The decline in the prices of ink-cartridge are further going to increase the demand of ink-cartridges. In addition to this, user’s transition from tri-colour cartridges to ink-cartridges, for a higher quality printing has resulted into increasing adoption of ink-cartridges.
Introduction of laser tones have resulted into a decline in the demand for ink cartridge, because of the enhanced features provided by laser tones. This is the primary factor restraining the global ink cartridge market.
Ink-Cartridge Market: Market Segmentation
Global Ink-Cartridge Market can be divided into the following segments - based on type and applications.
Segmentation on basis of Type for Ink-Cartridge Market:
The major segments of Ink-Cartridge market on basis of Type include:
One-piece Ink-Cartridge: In this type, each component consist of an outlet port through which the ink is passed
Split type Ink Cartridge: In this type, every component does not have its outlet port, instead multiple components have one outlet port for feeding the ink. Split type ink cartridge can further be sub-segmented into single color and multi-color
Segmentation on basis of End-User Industry forInk-Cartridge Market:
The major segments of Ink-Cartridge market on basis of applications include:
Governmental
Commercial
Others
Global Ink-Cartridge Market Technology Regional Overview
APAC and Latin America, in comparison with other regions, are expected to witness a higher growth in the ink-cartridge market. A decline in the growth of ink-cartridge market is expected in Europe and North America because of the introduction of printers with enhanced quality
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Global Ink-Cartridge Key Players
Some of the major Ink-Cartridge global players include HP Development Company, L.P., Seiko Epson Corporation, SAMSUNG, Canon, Panasonic Corporation, Dell, Xerox Corporation, Lexmark International, Inc. and Fuji Xerox Co., Ltd.
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