The direct-to-shape inkjet printers market is on the cusp of significant expansion, projected to achieve a value of US$3.8 billion by 2022, with a robust CAGR of 7.2%. By 2030, the market is anticipated to soar to US$6.6 billion, driven by the increasing demand for personalized goods and innovative printing capabilities.
Direct-to-shape inkjet printers are revolutionizing the industry by outperforming traditional printing methods. They offer the ability to directly print on various container types, such as tubes, bottles, cans, and folding cartons, meeting consumer desires for personalized products and customized designs. These printers excel in color blending, high-quality printing, fast printing speeds, and compatibility with diverse substrate types, including glass, metal, and plastic. Moreover, they reduce manufacturing costs by eliminating the need for costly labels, providing cost-effectiveness, efficiency, and environmental benefits.
The market growth is driven by the rising demand for intricate designs and personalized goods. UV curable inks used in these printers prevent print quality degradation due to UV exposure, further contributing to market expansion. Additionally, the use of eco-friendly inks aligns with growing demands for sustainability, fostering market growth.
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Key Takeaways:
- Solvent-based ink type in the direct-to-shape inkjet printers market is projected to register a CAGR of 9.6%.
- Bottles will hold approximately 26.6% market share in the application category.
- Direct-to-shape inkjet printers will represent 7.3% of the total inkjet printers’ market value, estimated at US$52.1 billion.
- North America is expected to dominate the market with a share of 27.1% in 2022.
- The direct-to-shape inkjet printer market in East Asia will continue to grow at a healthy rate of 8.8% through 2032.
- South Asia is anticipated to exhibit a robust CAGR of 9.6% over the forecast period.
- Europe is expected to record a growth rate of 23.4% in the market through 2032.
Key Players:
- Xerox Corporation
- Heidelberg USA, Inc.
- Mimaki Europe B.V.
- Xaar plc
- Koenig & Bauer AG
- Tonejet Limited
More Insights into the Direct-to-Shape Inkjet Printers Market Report
In its latest report, FMI offers an unbiased analysis of the global direct-to-shape inkjet printers market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and range, the market is segmented based on ink type (solvent-based, water-based, UV curing link), substrate type (plastic, glass, metal, paper, wood, fabric), application (bottles, cans. Drums, tubes, folding cartons, & others), end use (food, beverages, pharmaceuticals, cosmetics, personal & home care, chemical, & others), and region.
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By application, bottles are expected to dominate the direct-to-shape inkjet printers market for the forecast period. Estimated to account for nearly 26.6% of market share, bottles are considered absolute barriers which avoid the risk of ink migration. The food and beverages sector much prefers bottles for packaging.
Solvent-based ink type is fade-proof, scratch-resistant, and waterproof. These properties aid market domination of this ink type. It is expected to exhibit a CAGR of 9.6% during the assessment period.
North America is expected to lead the market in terms of region. This is primarily due to the prevalent packaging trends in the U.S.
Key Benefits for Direct-to-Shape Inkjet Printers Market:
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
- It outlines the current trends and future scenario of the market from 2022 to 2030 to understand the prevailing opportunities and potential investment pockets.
- The profiles of key players along with their key strategic developments are enlisted in the report.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
Direct-to-Shape Inkjet Printers: U.S. Sees Surge in Demand from Personalization Trends, India’s Packaging Industry Embraces Customized Solutions
In the U.S., the direct-to-shape inkjet printer market is witnessing significant growth due to highly effective promotional campaigns focused on personalization. Brands are utilizing these printers to tailor production to customer choices, conduct product printing trials, and enhance branding through efficient and cost-effective promotional campaigns.
In India, the adoption of direct-to-shape inkjet printers is on the rise in the packaging industry, driven by a booming economy and investments from international brands. The demand for visually appealing and customized packaging in sectors like food and beverage, cosmetics, and pharmaceuticals is driving the need for direct-to-shape inkjet printers in the country
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Direct-To-Shape Inkjet Printers Market By Category
By ink type :
- Solvent Based
- Water Based
- UV Curing Inks
By substrate type :
- Plastic
- Glass
- Metal
- Paper
- Fabric
- Wood
By application :
- Bottles
- Cans
- Drums
- Tubes
- Folding Cartons
- Others (Bags, Trays etc.)
By end use :
- Food
- Beverages
- Pharmaceutical
- Cosmetics
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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