The global inkjet printers market is on a steady growth trajectory, projected to reach USD 7.8 billion by 2025 and further soar to USD 12.1 billion by 2035. With a CAGR of 4.5% from 2025 to 2035, the industry is experiencing a significant surge driven by the demand for cost-efficient printing solutions, particularly for short-run production. As of 2024, the market is already valued at USD 7.5 billion, reflecting its strong foundation for continued expansion.
One of the primary factors fueling the inkjet printer market’s expansion is the rising demand for cost-effective short-run printing. Unlike traditional printing methods that require expensive setup processes such as platemaking and screening, inkjet printers eliminate these additional costs, making them an ideal choice for businesses looking to optimize their printing expenditures.
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This cost-saving advantage has made inkjet printers a preferred choice across industries, from packaging and publishing to textile and industrial applications.
Trends Shaping the Inkjet Printers Market
- Rise in Digital Printing Solutions
As industries move towards digitalization, the demand for inkjet printing solutions has escalated. Businesses prefer inkjet printers for their ability to produce high-quality prints with quick turnaround times, making them a preferred option in sectors such as commercial printing, packaging, and textiles. - Growth of Sustainable and Eco-Friendly Printing Technologies
With increasing concerns over environmental impact, the inkjet printing industry is shifting towards water-based and UV-curable inks that minimize waste and reduce harmful emissions. Manufacturers are focusing on sustainable printing solutions to align with global green initiatives. - Technological Advancements in Inkjet Printing
Continuous innovations in inkjet technology, such as high-speed printing and improved ink formulations, are further enhancing print quality and efficiency. The introduction of smart inkjet printers integrated with artificial intelligence and IoT features is also revolutionizing the market. - Expanding Applications Across Industries
The versatility of inkjet printers has led to their adoption in diverse sectors, including textiles, ceramics, and biomedical printing. The ability to print on various surfaces such as fabric, glass, and metal has widened the application scope of inkjet technology.
Challenges and Market Restraints
Despite its promising growth, the inkjet printer market faces certain challenges. High ink costs remain a major concern, as frequent ink cartridge replacements can lead to increased operational expenses for businesses.
Additionally, competition from laser printers, known for their efficiency in bulk printing, presents a challenge to inkjet printer adoption in specific applications. However, ongoing advancements in ink formulations and printer efficiency are expected to mitigate these issues in the long run.
Competitive Landscape
Key participants in the worldwide inkjet printer packaging industry are creating and introducing new goods to the market. They are combining with various organizations and expanding their geographical reach. A few of them collaborate and cooperate with local businesses and start-up companies.
Key Developments
- In June 2024, Videojet launched the new Videojet 1880 +, 1880 UHS, and 1880 HR CIJ printers to combine cutting-edge features with advanced digital connectivity while delivering printed codes, dates and other variable data on products and packaging.
- In January 2024, Roland DG Corporation introduced a new ER-641 64” eco-solvent inkjet printer to the DGXPRESS series, which offers aggressive pricing with vivid print quality output and high productivity.
Key Players in Inkjet Printers Market
- Videojet Technologies Inc.
- HP Inc.
- Canon Inc.
- Epson Corporation
- Xerox Corporation
- Brother Industries Ltd.
- Pannier Corporation.
- Konica Minolta, Inc.
- Mimaki Engineering Co., Ltd.
- Agfa-Gevaert Group
- Roland DG Corporation
- Lexmark International, Inc.
- Markem-Imaje
- Leibinger Group
- KGK Jet
Inkjet Printers Market Segmentation
By Printer Type:
Printer types in inkjet printers include single functional printers, multi-functional printers, large format printers, industrial inkjet printers, textile inkjet printers and inkjet press.
By Substrate:
In terms of substrate, the market for inkjet printers is divided into plastic, metal, paper, fabric, ceramics and others.
By Technology Type:
Types of technology in inkjet printers include continuous inkjet and drop on demand. Drop on demand is further divided into thermal DOD and piezoelectric DOD.
By End Use:
End users related to inkjet printers are consumers, industrial and institutional. Industrial includes packaging, publishing, photography, textile and advertisement.
By Region:
Key Countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe and Middle East & Africa are covered.
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