Inkjet Printers Market In-depth Research Report Offers Growth Prospects, Business Statistics and Emerging Demands upto 2

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Inkjet Printers Market, By Technology (CIJ Printer, DOD Inkjet Printer, UV Inkjet Printer), Type, End User, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) and More

A new Report by Delvens, titled "Inkjet Printers Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market, the global Inkjet Printers Market size was estimated at USD 97 billion in 2023 and is projected to reach USD 178.7 billion in 2030 at a CAGR of 9.12% during the forecast period 2023-2030.

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North America to Dominate the Market

·        North America is estimated to account for the largest market share during the forecast period as it has been positioned at the forefront of technological advancements, specifically with regard to inkjet printing technology, this subject has been a focal point of innovation and development.

·        Moreover, the strong presence of the key providers inkjet printer technologies is expected to boost the North American market growth.

Recent Developments

In March 2023, Videojet Technologies, Inc. has introduced the innovative Videojet 1580+ which serves to evaluate fluid consumption and guarantee faultless operation during the printing of dates, codes and other variable data. The newly launched product incorporates an integrated Wi-Fi connectivity system, providing a secure platform for users to communicate with the inkjet printer.

In February 2023, Mimaki Engineering Co., Ltd. has initiated the release of its inaugural DTF printer, the TxF150-75, alongside the introduction of the heat transfer pigment, PHT50, for DTF in a bid to proactively pursue the apparel and textile printing applications market. This novel printer has eradicated issues related to ink ejection defects and white ink clogging, thereby bolstering its operational stability.

 The prominent players in the Inkjet Printers market are

·        Brother Industries Ltd

·        Canon Inc.

·        Domino Printing Sciences plc

·        Fujifilm Holdings Corporation

·        Hitachi Industrial Equipment Systems Co. Ltd

·        HP Development Company LP

·        Inkjet Inc.

·        Jet Inks Private Limited

·        Keyence Corporation

·        Konica Minolta, Inc.

·        Lexmark International Inc.

·        Oki Electric Industry Co., Ltd.

·        Pannier Corporation

·        Ricoh Company, Ltd

·        Roland DG Corporation

·        Seiko Epson Corporation

·        Toshiba Tec Corporation

·        Videojet Technologies Inc.

·        Xerox Corporation and More

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The growth of the global Inkjet Printers market is mainly driven by the packaging industry as it is currently experiencing swift expansion worldwide, primarily due to the substantial demand for convenience-based packaging from various industries including e-commerce transportation and shipment, food and beverage, personal care, household care, and healthcare. Such growth is inducing a substantial requirement for inkjet printers specifically designed for packaging purposes, which represents one of the primary factors propelling the market forward.

On the other hand, the cost of consumables may hamper the market growth to some extent.

Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. There has been a considerable demand for packaging in various sectors, including e-commerce transportation and shipment, personal care, household care, food and beverage, and healthcare. This upsurge in the packaging industry is propelling the growth of inkjet printers utilized for packaging purposes, which is one of the primary factors driving the market's expansion. Inkjet printers are widely used in diverse industries, including packaging, education, advertisement, textile, and pharmaceutical.

The Report helps to identify the opportunities in Global Regions:

·        North America (the United States, Canada, and Mexico)

·        Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)

·        Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))

·        South America (Brazil etc.)

·        The Middle East and Africa (North Africa and GCC Countries)

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In addition to the market data for the Inkjet Printers Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.

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