The total revenue generated by the commercial printer manufacturers from the sales of industrial printers in 2023 was figured to be US$ 14,879.4 million. The growth outlook for the industrial printer market seems promising, with a projected annual growth rate of 5.5% between 2024 and 2034. Following this CAGR, the overall market value is projected to reach US$ 26,814.1 million by 2034, growing from US$ 15,697.8 million in 2024.
The demand for industrial printers has improved in the last few years to assist in producing standardized, legible labels that enable the marketing of manufactured goods. Moreover, as production processes continue to change and grow, industrial printers are becoming more important across various sectors. Durable labeling for tracing items from manufacture to distribution in the present global market with intricately linked supply chains has made heavy-duty print equipment indispensable.
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“Developments in advanced printing technology for commercial use have transformed greatly after the advent of high-performance ink and color solutions. Emerging trends in customization of packaging wraps and personalization of product labels have also transformed the way factory printing machines operate,” – FMI analyst.
Key Takeaways from the Global Industrial Printer Market Study Report
- The United States currently has many leading manufacturers of industrial printers and is poised to follow a 3.2% CAGR through 2034.
- European countries are witnessing a higher requirement for heavy-duty printing solutions, expected to drive the Germany market at 4.8% CAGR over the forecast years.
- China, with an extensive sector for manufacturing industrial equipment, is the leading market in Asia and could progress at 7% CAGR through 2034.
- India is currently emerging as the most lucrative market for industrial printers and is anticipated to witness a year-on-year growth rate of 7.95% till 2034.
Competitive Landscape for Industrial Printer Market Players
Though many regional players are catering to the regional demand for factory printing machines, some global leaders capture a sizable global market share. Moreover, the rapidly changing dynamics of the labeling and packaging sector with the advent of new printing technologies is anticipated to diversify the market further in the future.
Key Players Profiled in the Industrial Printer Market Report
- Quad or Graphics Inc.
- ACME Printing
- LSC Communications US LLC
- Cenveo Corporation
- Transcontinental Inc.
- Dai Nippon Printing Co. Ltd.
- RR Donnelley and Sons
- Bertelsmann S.E. and Co. KGaA
- Toppan Co. Ltd.
- Vistaprint NV
- Ennis Inc.
Recent Developments by the Industrial Printer Manufacturing Industries
In November 2022, Wipro Company, based in India, introduced the first model in its range of domestically made industrial-grade 3D printers. This improved product type includes dual filtration and a magnetic print bed to result in high-quality 3D prints. In addition to this, the automatic platform leveling and a self-cleaning nozzle have been integrated to guarantee user safety and reduce working time.
The NXE 200 industrial 3D printer, an inexpensive introduction to Lubricant Sublayer Photo-curing (LSPc) technology, was unveiled by Nexa3D in April 2022. This maker of ultrafast 3D printers introduced the NXE 400 industrial 3D printer and the NXD 200 dental 3D printer in its Nexa3D portfolio, now included to increase LSPc’s accessibility. Providing 6.5 times the speed of rival resin 3D printing methods can be a useful tool for designers, engineers, and manufacturers that want scalable, accurate, and quick prototype and manufacturing solutions.
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Key Segments Covered by Industrial Printer Industry Survey Report
By Product Type:
- Offset Lithography Printer
- Inkjet Printer
- Flexographic Printer
- Screen Printer
- Gravure Printer
- Other Types of Printers
By End Use Application:
- Packaging
- Advertising
- Publishing
- Other Applications
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- The Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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