According to our latest study on "Industrial Inkjet Printers Market Size and Forecast (2021-2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, Industry, and Geography," the industrial inkjet printers market size was valued at US$ 6.71 billion in 2023 and is anticipated to reach US$ 11.22 billion by 2031. The industrial inkjet printers market is estimated to record a CAGR of 6.63% from 2023 to 2031. The report includes growth prospects owing to the current industrial inkjet printers market trends and their foreseeable impact during the forecast period.

Technological Advancements in Industrial Inkjet Printers to Provide Lucrative Opportunities for Industrial Inkjet Printers Market Growth During Forecast Period

Technological advancements in printhead design and ink formulation have dramatically improved the print quality and resolution of industrial inkjet printers. This enhancement allows for the printing of high-definition images, fine text, and complex graphics on various materials, expanding the applicability of inkjet printers across industries. Researchers and manufacturers are highly inclined toward exploring the efficiency of industrial inkjet printers for smart design printing. For instance, in March 2023, Canon India launched 16 new advanced printers, which provide users with exceptional work efficiency, enhanced print quality, and top-notch creativity. These printers are cost-efficient and equipped with modern technology, which caters to the customers' needs. Also, in October 2023, Videojet Technologies introduced the advanced Videojet 1880+, 1880 UHS, and 1880 HR CIJ printers. These models are designed to help minimize downtime, increase throughput, and reduce costs over the printer's life while providing efficiency, performance, and productivity. The Videojet 1880+ features built-in cellular and Wi-Fi connectivity to help users meet their goals.

With the development of high-speed printers, manufacturers can print large volumes at faster speeds without compromising on quality. Various companies are launching high-speed inkjet printers that are essential for industries such as packaging, textiles, and automotive, where production efficiency is critical. For instance, in April 2024, Canon announced the launch of the ProStream 2000, under the ProStream 2000 series, which ensures high, consistent offset print quality at high-rated speed while extending the media grammage/speed range. Furthermore, the textile industry is experiencing a shift toward digital printing, with industrial inkjet printers becoming the preferred solution for printing high-quality, customized designs on fabrics. Recent technological advancements, such as AI and ML have made it possible to print complex patterns, gradients, and vivid colors on textiles at high speeds, with minimal water and chemical waste compared to traditional printing methods. Therefore, technological advancements in the printing industry are likely to provide lucrative opportunities for the industrial inkjet printer market growth during the forecast period.

Governments of various countries across the globe are also taking measures to ensure reduced plastic use, recycling, and eco-friendly packaging materials through regulations. As a result, manufacturers use inkjet printers that can print on sustainable materials, such as biodegradable films, paper, and compostable plastics. Also, inkjet printers can use eco-friendly, water-based, or low-VOC (volatile organic compound) inks to meet these requirements. For example, in February 2022, India's Central Pollution Control Board (CPCB) declared a few guidelines on plastic waste management, which affects businesses using plastic packaging material, such as courier bags. Similarly, Directive 94/62/EC in 1994, also known as the Packaging and Packaging Waste Directive, aims to harmonize the packaging waste and management of packaging across the EU to minimize the environmental impact of packaging waste. Also, in California, the California Rigid Plastic Packaging Container (RPPC) law (1991) mandates the use of recyclable or reusable packaging for certain products. Inkjet printers that can print efficiently on these eco-friendly materials are essential for compliance. Therefore, the increasing government regulations on packaging drive the industrial inkjet printers market growth.

Industrial Inkjet Printers Market Report: Key Findings

The industrial inkjet printers market analysis is based on segmental assessment. Based on type, the industrial inkjet printers market is segmented into continuous inkjet and drop on demand inkjet. Based on the vertical, the industrial inkjet printers market is segmented into food and beverages, pharmaceutical, cosmetics and personal care, electronics and semiconductors, textile, automotive, advertisement and publishing, and others. In terms of geography, the market is categorized into North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South & Central America.

The food and beverage segment held the largest industrial inkjet printers market share in 2023. Rising awareness among consumers regarding the health and safety of food and beverage products necessitates the printing of information such as ingredients, batch numbers, and shelf life on these products. In addition, India's Food Safety and Standards (Packaging and Labeling) Regulations follow laws and regulations that mandate food and beverage labeling and packaging by the US Food and Drug Administration (FDA). Industrial inkjet printers are used in the food and beverages industry for a wide range of food packaging products. These products include glass bottles; corrugated cartons; food and drinks cans; bags; cups; pouches trays; shrink wrap; PET; and films designed to be fast-drying, abrasion-resistant, and remain legible when flexed.


Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@premiummarketinsights.com