The global inkjet printing market was valued at $US40.79bn in 2020 and is expected to reach $US49.20bn [$A63.47bn], growing at an annual rate of 3.11% over the period 2021 – 2026, according to new research.
“Today's high-speed inkjet devices offer enhanced quality and productivity for early-adopter commercial printers, and this is driving the market forward,” says Inkjet Printing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026), compiled by industry researcher ResearchAndMarkets.com.
“The market for ink-jet printers has expanded at a tremendous pace in the last few years,” the report says. “With the ability of printing vivid colour images at comparatively low cost, ink-jet has dominated the home, small office, and large-format colour printer markets.
“The most prominent change is in packaging - as new, high-performance machines come onto the market, and the early adopters profit by developing new services for customers.
“Additional applications can be seen in inkjet-printed ceramics, decor, textiles, glass, biomedical and electronics, highlighting the breadth of capability that has been developed to commercial standards for digital print. The principal driver for the adoption of inkjet includes Big Data, the Internet of Things, and the digitalization of both print processes and packaging.
“Inkjet accounts for the highest shares of the print industry's R&D spending. These investments are expected to result in substantial improvements in the quality and reliability of the equipment. New inkjet presses that are being introduced can print at faster speeds and offer significant development in automation of material handling to improve the productivity of lower speed presses. A growing trend points to the increased integration of post-press finishing systems to take full advantage of the automated printing operation."
For more information about this report [available from $US4,250] visit: https://www.researchandmarkets.com/r/adzv8p
