According to IMARC Group latest report titled” Inkjet Printers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global inkjet printers market to exhibit moderate growth during the next five years.
Market Trends & Driver:
Inkjet printers are consumer printing devices that spray microscopic ink droplets to print high-quality digital images. The ink is sprayed through a nozzle on the print head. Other than the print head, the printer consists of paper feed assembly, stabilizer bar, cartridges, and belts. Inkjet printers are commonly utilized for printing signs, billboards, and books. As compared to conventional printers, inkjet printers are inexpensive, compact in size, lightweight, and easy to use.
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The growth of the global inkjet printers market can primarily be attributed to their increasing employment in the food and beverage (F&B) industry for printing packaging information. Additionally, manufacturers are introducing high-speed inkjet printers that can print on a broad range of surfaces. This development is expanding their applications in both the biomedical and textile industries. Other factors, such as the widespread adoption of digital printing and significant growth in the advertising industry, are creating a positive outlook for the market further.
Competitive Landscape with Keyplayers:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Brother Industries Ltd.
- Canon Singapore Pte. Ltd. (Canon Inc.)
- HP Inc.
- Inkjet Inc.
- Keyence Corporation
- Konica Minolta Inc.
- Mimaki Engineering Co. Ltd.
- Pannier Corporation
- Seiko Epson Corporation
- Videojet Technologies Inc. (Danaher Corporation)
- Xerox Corporation
Inkjet Printers Market Segmentation:
Our report has categorized the market based on region, type, technology and application.
Market Breakup by Type:
- Multifunctional Printers
- Desktop Printers
- Large Format Printers
- Inkjet Press
- Industrial Inkjet Printers
- Textile Printers
Market Breakup by Technology:
- Continuous Inkjet
- Drop on Demand
- UV Inkjet
Market Breakup by Application:
- Packaging and Labeling
- Textile Printing
- Photo Printing
Market Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/inkjet-printers-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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