The market for large format printers
Global market reports from The Business Research Company are now updated to include the most recent market size information for 2023, with forecasts up to 2032.
In the report, The Business Research Company’s Large Format Printers Global Market Report for 2023, it is identified that the growing demand in textiles, packaging, advertising, and advertising industries will drive the market growth during the forecast period. The use of large format printers helps companies increase their brand and promote or launch their new products. This in turn allows them to reach many customers. The textile industry has seen a rapid increase in the use large format printers, since printing on various textiles can now be done using a fully automated belt-fed system.
The size of the global market for large-format printers increased from $9.13billion in 2020 to $9.35billion in 2030, with a CAGR of 2.5%. In the short term, the Russia-Ukraine War has hampered the global recovery of the COVID-19 pandemic. The conflict between Russia and Ukraine has caused economic sanctions to be imposed on many countries, as well as a rise in commodity prices and disruptions in supply chains. This has resulted in inflation of goods and services across markets around the world. In 2027 the market size for large format printing is expected grow by 4.5% to $11.14 Billion.
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Large format printers have many competitors, including Agfa-Gevaert N.V. (Canon Inc.), Durst Phototechnik (Epson), Xerox Corporation (HP), Konica Minolta and Mimaki Engineering Co. Ltd.
Launches of new technologies are a major trend in the market for large-format printers. To stand out on a competitive market, companies need to introduce new products. Epson India launched SureColor R5030 & R5030L in the market for large-format printing. These printers offer a high-performance solution for signage printing with instant lamination and low cost inks. It’s designed to be versatile in terms of applications, fast printing and high quality. Here are some of the latest innovations in the mobile computing market.
You can read more about the Global Large-Format Printers Market Report here:
https://www.thebusinessresearchcompany.com/report/large-format-printers-global-market-report
The market for large format printers is segmented.
Ink-based technology, toner-based laser technology
2) By Ink Type: Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation
3) By Application: Apparel and Textile, Advertising, Décor, CAD and Technical Printing, Other Applications
4) By Offerings : Printers RIP Software After Sales Services
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America dominated the market for large-format printers.
The Business Research Company’s “Global Large Format Printers Market Report 2023/” provides a comprehensive understanding of the large format printers market in 60 different geographies. The report includes market size, growth rates, segments, drivers, and trends for every country and region. The report also provides insights into historical and projected growth to help players better analyze and strategize.
Find out more about the Large Format Printers market report here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5797
The Table of Contents for the Large Format Printers market include:
1. Executive Summary
2. Large format printers market characteristics
3. Large Format Printing Market Trends and Strategy
4. Large Format Printers Market – Macro Economic Scenario
5. Size and Growth of the Large Format Printers market
…….
26. Africa Large Format Printers Market
27. The Competitive Landscape and Company Profiles of the Large Format Printers Industry
28. Major Mergers and Acquisitions in the Large Format Printers market
29. Future Outlook for Large Format Printers and Potential Analysis
30. Appendix
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