The Inkjet Printers Global Market Report 2023, provides comprehensive information on the inkjet printers market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Inkjet Printers Global Market Report 2023, the market size is expected to grow from $42.93 billion in 2022 to $45.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.76%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of inkjet printers market is expected to reach $57.77 billion in 2027 at a CAGR of 5.95%.
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Technological innovations are a key trend gaining popularity in the inkjet printers market. Companies operating in the inkjet printers market are adopting new technologies to sustain their position in the market. For instance, in February 2023, Mimaki Engineering Co. Ltd., a Japan-based inkjet printer manufacturing company, launched the TxF150-75, its first direct to film (DTF) technology inkjet printer. It involves a built-in ink circulation system and degassed ink pack design technologies, including the nozzle check unit and nozzle recovery system, ensuring that operations run smoothly with little need for intervention. With its full-color printing capabilities, the technology can also produce eye-catching graphics.
The inkjet printers market 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
North America was the largest region in the inkjet printers market in 2022.
The table of contents in TBRC’s inkjet printers market report includes:
Executive Summary Inkjet Printers Market Characteristics Inkjet Printers Market Trends And Strategies Inkjet Printers Market - Macro Economic Scenario
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Global Inkjet Printers Market Competitive Benchmarking Global Inkjet Printers Market Competitive Dashboard Key Mergers And Acquisitions In The Inkjet Printers Market Inkjet Printers Market Future Outlook and Potential Analysis Appendix
Top 5 Major Key Players Are:
- Hitachi Industrial Equipment Systems Co Ltd
- HP Inc
- Videojet Technologies Inc
- Canon Inc
- Fujifilm Holdings Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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According to the latest report by IMARC Group, titled "Inkjet Printers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global inkjet printers market report grew at a CAGR of around 8% during 2015-2020.
They employ the use of ionized ink that is usually directed by magnetic plates for spraying.
These peripheral devices are lightweight, easy to use and compact in size, due to which they are increasingly employed in the textile, education, packaging and pharmaceutical industries.
They are widely used for the commercial printing of signs, billboards, books, apparel and food labels over a variety of surfaces, such as paper, ceramics, steel, plastic sheets and electronics circuits.Get a sample copy of this Report: https://www.imarcgroup.com/inkjet-printers-market/requestsampleAs the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Global Inkjet Printers Market Trends:The global market is majorly driven by significant growth in the packaging industry.
Moreover, the rising preference for digital printing in the advertisement sector has create numerous growth opportunities in the market.
The market is further driven by the increasing product utilization across the textile industry as these printers enable the printing of vast array of colors and designs with relatively higher operating speed when compared with screen printing.
