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Global Inkjet Printers Market to reach USD 57.39 billion by the end of 2029.

Global Inkjet Printers Market Size study & Forecast, by Type (Multifunctional, Desktop, Large Format, Inkjet Press, Industrial, Textile and Others) by Technology (Continuous Inkjet, Drop on Demand, UV Inkjet and Others), by End-Users (Consumer, Education, Industrial, Textile, Pharmaceutical, and others) and Regional Analysis, 2022-2029

Product Code: EESC-86814076
Publish Date: 17-10-2022
Page: 200

Global Inkjet Printers Market is valued approximately USD 37.97 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2022-2029. Non-contact inkjet printers reproduce digital images by shooting ink droplets through nozzles on paper and plastic surfaces. Ionized ink is used in the inkjet technique, and it is sprayed onto the paper using magnetic plates. The textile, advertising, education, packaging, and pharmaceutical industries all employ these printers. The major driving factors for the market are rising use of inkjet printers in end use industry. Additionally, increasing e-commerce industry is also driving the growth for the market as the use of inkjet in the packaging is increasing over the time. Growing technological advancement in the market such as adoption of connected technology which is creating lucrative growth opportunity in the market over the forecasted period.

According to the Statista, rise in number of IoT devices and connected technology is driving the growth for the market. For instance, in 2019, the number was 8.6 million which is forecasted to increase up to 13.1 million by the end of 2022. Additionally, according to the same source biggest inkjet printers have had witnessed rise in sales. For example, Hewlett Packard (HP) had a 24.5 percent market share of global printer shipments in the year ending in March 2021, while Canon had a 17.7 percent share. When compared to the same quarter in 2018, HP’s market share increased by more than 4%. However, high initial cost for plat setup is restraining the market growth for the Global Inkjet Printers Market over the forecasted period.

The key regions considered for the Global Inkjet Printers Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of revenue share, North America led in 2021. This is because of well-known companies like Videojet Technologies, Inc., Inkjet Inc., Xerox Corporation, and KEYENCE CORPORATION are present in the area. Due to an increase in drug stores, the United States currently controls the North American continent. Additionally, Asia-Pacific is the fastest growing region over the estimated period. The enormous prospects based on low labour costs and low manufacturing costs are responsible for the rise, which makes Asia-Pacific a popular site for establishing manufacturing facilities for the mass production of inkjet printers.

Major market player included in this report are:
Videojet Technologies, Inc.
Pannier Corporation
Canon Singapore Pte. Ltd.
HP Development Company, L.P.
Xerox Corporation
Brother Industries, Ltd.
Konica Minolta, Inc.
Seiko Epson Corporation
Hitachi Industrial Equipment Systems Co.,Ltd.

Recent Developments in the Market:
 Global Inkjet Systems Ltd. (GIS), a U.K.-based producer of ink system components, was purchased by Israeli company Nano Dimension in January 2022. Nano Dimension is a supplier of intelligent machines. Nano hopes to update its 3D printers with the latter’s software and hardware through this acquisition. This action would enable them gradually to broaden their business base and create new market opportunities for GIS-required applications.
 Automated Marking Inc. (AMI), a well-known manufacturer and distributor of marking and coding equipment with its headquarters in the United States, unveiled CAMI JET, its newest line of thermal inkjet printers, in January 2022. It is a robust and trustworthy inline coding solution that will assist the clients of the business in achieving their objectives and adhering to rules.
Global Inkjet Printers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Technology, End-Users, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Large Format
Inkjet Press

By Technology:
Continuous Inkjet
Drop on Demand
UV Inkjet

By End-Users:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Inkjet Printers Market, by Region, 2019-2029 (USD Billion)
1.2.2. Inkjet Printers Market, by Type, 2021-2029 (USD Billion)
1.2.3. Inkjet Printers Market, by Technology, 2021-2029 (USD Billion)
1.2.4. Inkjet Printers Market, by End-Users, 2021-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Inkjet Printers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Inkjet Printers Market Dynamics
3.1. Inkjet Printers Market Impact Analysis (2020-2029)
3.1.1. Market Drivers Increasing use of inkjet printers in end use industry Growing e-commerce industry
3.1.2. Market Challenges High Cost of Inkjet Printers
3.1.3. Market Opportunities Advancements in inkjet printers
Chapter 4. Global Inkjet Printers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Inkjet Printers Market, by Type
6.1. Market Snapshot
6.2. Global Inkjet Printers Market by Type, Performance – Potential Analysis
6.3. Global Inkjet Printers Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Inkjet Printers Market, Sub Segment Analysis
6.4.1. Multifunctional
6.4.2. Desktop
6.4.3. Large Format
6.4.4. Inkjet Press
6.4.5. Industrial
6.4.6. Textile
6.4.7. Others
Chapter 7. Global Inkjet Printers Market, by Technology
7.1. Market Snapshot
7.2. Global Inkjet Printers Market by Technology, Performance – Potential Analysis
7.3. Global Inkjet Printers Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
7.4. Inkjet Printers Market, Sub Segment Analysis
7.4.1. Continuous Inkjet
7.4.2. Drop on Demand
7.4.3. UV Inkjet
7.4.4. Others
Chapter 8. Global Inkjet Printers Market, by End-Users
8.1. Market Snapshot
8.2. Global Inkjet Printers Market by End-Users, Performance – Potential Analysis
8.3. Global Inkjet Printers Market Estimates & Forecasts by End-Users 2019-2029 (USD Billion)
8.4. Inkjet Printers Market, Sub Segment Analysis
8.4.1. Consumer
8.4.2. Education
8.4.3. Industrial
8.4.4. Textile
8.4.5. Pharmaceutical
8.4.6. Others
Chapter 9. Global Inkjet Printers Market, Regional Analysis
9.1. Inkjet Printers Market, Regional Market Snapshot
9.2. North America Inkjet Printers Market
9.2.1. U.S. Inkjet Printers Market Type breakdown estimates & forecasts, 2019-2029 Technology breakdown estimates & forecasts, 2019-2029 End-Users breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Inkjet Printers Market
9.3. Europe Inkjet Printers Market Snapshot
9.3.1. U.K. Inkjet Printers Market
9.3.2. Germany Inkjet Printers Market
9.3.3. France Inkjet Printers Market
9.3.4. Spain Inkjet Printers Market
9.3.5. Italy Inkjet Printers Market
9.3.6. Rest of Europe Inkjet Printers Market
9.4. Asia-Pacific Inkjet Printers Market Snapshot
9.4.1. China Inkjet Printers Market
9.4.2. India Inkjet Printers Market
9.4.3. Japan Inkjet Printers Market
9.4.4. Australia Inkjet Printers Market
9.4.5. South Korea Inkjet Printers Market
9.4.6. Rest of Asia Pacific Inkjet Printers Market
9.5. Latin America Inkjet Printers Market Snapshot
9.5.1. Brazil Inkjet Printers Market
9.5.2. Mexico Inkjet Printers Market
9.6. Rest of The World Inkjet Printers Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Videojet Technologies, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Pannier Corporation
10.2.3. Canon Singapore Pte. Ltd.
10.2.4. HP Development Company, L.P.
10.2.5. Xerox Corporation
10.2.6. Brother Industries, Ltd.
10.2.8. Konica Minolta, Inc.
10.2.9. Seiko Epson Corporation
10.2.10. Hitachi Industrial Equipment Systems Co.,Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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