The printers have been offering high productivity along with greater efficiency for the customers at the high volume and of large format display graphics market. With this, we can surely say that EFI has redefined the graphics market with its roll-to-roll printers.
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According to the research report, "Large Format Printer Market by Offering (Printers, RIP software, Services), Ink Type (Aqueous, Solvent, UV Curable, Latex, Dye Sublimation), Printing Technology, Printing Material, Print Width, Application, and Geography - Global Forecast to 2025", is projected to grow from USD 9.3 billion in 2020 to USD 11.2 billion by 2025; it is expected to grow at a CAGR of 3.8% from 2020 to 2025.
Key factors fueling the growth of this market include increasing demand for large format printing in the textiles, advertising, and packaging industries; rising adoption of UV curable inks in outdoor advertising, CAD, and technical printing applications; and the growing importance of digital document production in commercial printing applications.
The increasing demand for large format printers for home furnishing & decor and vehicle wrap applications, the rising requirement for large format printing from the in-plant market, as well as the availability of varieties of large format printers with a varied price range, are creating tremendous growth opportunities for the players in the large format printer market.
Printers in this category are known as grand format printers.
In APAC, large format printers are likely to be high in demand because of their growing use in graphics printing, apparel and textiles printing, and computer-aided design (CAD) and technical printing applications.
These companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, expansions, agreements, partnerships, joint ventures, collaborations, mergers, and acquisitions to strengthen their position in the market.
(Detailed analysis of the market CAGR is provided in the report) Large Format Printer Market is any computer controlled printing machines that support a print roll width ranging from 18" and 100", It prints on a large single sheet of paper instead of printing on individual papers.
Large Format Printer Market is used in applications which require longer width printing such as banners, vehicle image wraps, posters, murals, trade show graphics, and architectural drawings.
Rising adoption of UV-curable inks in outdoor advertising, the growing importance of digital document production in commercial printing applications, increasing demand for large format printing in the textile, advertising, and packaging industries are some of the major factors driving the growth of Large Format Printer Market.
Demand for large format printers for outdoor advertising and indoor signage applications is more in Americas as compared to other applications.
Walmart and Carrefour are mainly driving the growth of the market for signage applications in this region • APAC is expected to hold the largest share of Large Format Printer Market by 2026 owing to the presence of key players in countries such as China, Japan, and South Korea in this regionFor More Information Visit https://www.maximizemarketresearch.com/market-report/large-format-printer-market/2500/ Key Highlights: • Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R) in the Large Format Printer Market • The objective of the report is to provide a detailed analysis of the Large Format Printer Market on the basis of offering, printing technology, ink type, application, print width, and geography • Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Analysis of the Large Format Printer Market with respect to individual growth trends, prospects, and contribution to the total market • Segment wise business performance detailed in a report will be worthwhile for the organizations willing to enhance its business • Provides detailed information regarding the major factors influencing the growth of the Large Format Printer Market (drivers, restraints, opportunities, and challenges) • This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the businessYears that have been considered for the study are as follows: • Base Year – 2016 • Estimated Year – 2017 • Forecast Period – 2017 to 2026 For company profiles, 2016 has been considered as the base year.
In cases, wherein information was unavailable for the base year, the years prior to it have been consideredResearch Methodology: Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Large Format Printer Market.
