The 2021 global large format printer market revenue reached US$ 9.56 trillion. Global large format printer market revenues are expected to reach US$ 1370 billion by 2030. This is a 4.5% compound annual growth rate (CAGR), over the period 2022-2030.
Large format printers can print materials that are too large to fit on most commercial printing presses. Large format printing requires special equipment that can accommodate larger print sizes than the norm. It is usually a wall-hanging, but it can be folded or freestanding in certain situations. It sprays ink onto select materials to produce detailed, crisp prints. Large format printers can print banners, posters and trade show graphics as well as wallpapers and images of vehicles.
Factors That Influence Market Growth
- A variety of factors drive the growth of the global large format printer market, including the growing use of large format printers in textile and advertising industries, increasing popularity of dye-sublimation printing, and a rise in UV-curable inkjet printers’ adoption.
- Global large format printer growth may be negatively affected by investments and operating costs.
- Global opportunities are expected for large format printing.
COVID-19 Impact Analysis
The global market for large format printers has been negatively affected by the COVID-19 epidemic. The textile and clothing sectors saw lower demand because of low spending power and lower investment in lifestyle needs. The result has been a drop in large format printer use for home decor and apparel applications. The large format printer market was also negatively affected by the steady decline in exports and demand for home decor products.
Post-COVID-19, large format printing is expected to slow down as economies and governments around the world ease restrictions.
Regional Insights
Asia Pacific is expected to experience significant growth in the market for large format printers globally. This is due in part to the increased use of large format printing in graphics printing and apparel as well as textile printing. APAC is the largest market for textiles in the world. China and India are the two largest suppliers of textiles. These two countries have the highest concentration of textile printer marketers and owners, as well as the most textile manufacturers. APAC’s growth in large format printers will be aided by the rapid-growing graphic printing, retail advertisement, and graphic printing industries in emerging nations like India.
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The Leading Competitors
These are the top-ranking companies in the large format printing market:
- AGFA-GEVAERT
- Canon Incorporated
- Durst Group AG
- Epson Corporation
- HP Development Company L.P.
- Konica Minolta, Incorporated
- Mimaki Engineering Co., Limited
- Ricoh Company, Limited
- Roland Corporation
- FUJIFILM Holdings Corporation
- Other prominent players
Scope of this Report
The global market for large format printers focuses on the following: Offering, Printing Technology and Print Width. Ink Type, Application, Region, and
Segmentation based On Offering
Segmentation based upon Printing Technology
- Inkjet Printing
- Thermal Inkjet Technology
- Electrostatic Inkjet Technology
- Crystal Based Technology
- Others
- Toner-Based Printing (Laser Systems).
Segmentation based upon Print Width
- 11″ TO 24″
- 24″ TO 36″
- 34″ TO 44″
- 44″ TO 60″
- 60″ TO 72″
- Above 72″
Segmentation based On Ink Type
- Aqueous
- Solvent
- UV-Curable
- Dye Sublimation
- Latex
- Others
Segmentation based upon Application
- Apparels and Textile
- Signage
- Advertising
- Decor
- CAD and technical printing
- Construction
- Other
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Segmentation based in Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
What is the purpose of the report?
The market report estimates the size of the ICT market by the end of the forecast period.
The report also analyzes the historical and current market sizes.
– The report examines market size, growth rate, and market valuation during the forecast period.
The report covers current industry trends as well as the potential for the North America and Asia Pacific markets.
-The market report gives a comprehensive overview based on market segmentation, geographic scope, and financial performance of key players.
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