Digital Printing For LVT And Laminate Market

Digital Printing For LVT And Laminate Market – Global Forecast To 2030

Report Code: UC-SE-6648 Jan, 2025, by marketsandmarkets.com

Digital Printing For LVT And Laminate Market

Digital printing for luxury vinyl tiles (LVT) and laminate consists of using digital printing technologies to print complex and intricate patterns, designs, text, or images onto flooring materials such as LVT and laminate. Unlike conventional printing methods like gravure printing or screen printing, digital printing facilitates complex detailing and customization, replicating natural textures such as wood, stone, and ceramics with extremely high precision. The digital printing market for LVT and laminate flooring has witnessed significant growth in recent years. The use of digital printing technology for flooring applications has become a pivotal innovation, offering superior design flexibility, improved quality, and cost-effective manufacturing.

Increasing adoption of sustainable printing techniques

In recent years, there has been a significant increase in demand for sustainable printing solutions to reduce the adverse effects on the environment. Sustainable printing focuses on the use of recyclable and renewable components for printing. Digital printing is an extensively used sustainable printing technology that does not use film plates or photo chemicals, eliminating the pre-press printing stages between the digital document and the final print, thereby, reducing waste. Moreover, digital presses don’t emit harmful substances, making them a sustainable option for printing on flooring applications.

Impact of AI on digital printing

Artificial Intelligence (AI) is significantly transforming the digital printing industry, including its application in sectors like luxury vinyl tiles (LVT) and laminate flooring. By automating processes, enhancing precision, and enabling advanced customization, AI is expected to provide new growth opportunities while addressing the existing challenges in digital printing.

AI-based solutions allow manufacturers to create and manipulate intricate patterns and textures seamlessly. By analyzing customer preferences and trends, AI can generate personalized designs that resonate with target markets. This capability not only streamlines the design process but also improves customer satisfaction by offering unique and tailored solutions. Furthermore, AI-based predictive maintenance tools monitor the condition of digital printing equipment to anticipate potential failures and problems. By analyzing data from sensors and operational logs, AI can schedule maintenance activities proactively, minimizing downtime.

Advancements in digital printing

Increasing advancements in digital printing have made printing more efficient and cost-effective. Advanced printing solutions facilitate seamless printing on a wide range of substrates such as glass, LVT, laminates, etc. Furthermore, the development of advanced inkjet inks has enabled digital prints to last longer on materials such as LVTs and laminates. Furthermore, end users such as flooring material providers are also shifting their focus from conventional printing technologies to digital printing technologies. For instance, in 2023, Engineered Floors, a leading flooring provider unveiled its digital LVT (DLVT) plant in Dalton (US), which can produce up to 200,000 square feet of LVT flooring per day.

Challenges

Despite its advantages, and new opportunities emerging, digital printing for LVT and laminate market also has a few challenges that may negatively affect the market growth. Implementing digital printing technology requires significant capital investment in equipment, software, and training. This is a major factor that might limit smaller players from using digital printing's capabilities. Furthermore, while digital printing produces aesthetically appealing designs, ensuring that these prints withstand wear and tear over time, especially on hard flooring surfaces such as LVT and laminates, remains a challenge. The durability of the printed layer should also match or exceed the flooring's functional requirements.

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TABLE OF CONTENTS
 
1.INTRODUCTION 
 
2.RESEARCH METHODOLOGY
 
3.EXECUTIVE SUMMARY 
 
4.PREMIUM INSIGHTS 
 
5.MARKET OVERVIEW 
  5.1.Introduction
  5.2.Market Dynamics
      5.2.1.Drivers
      5.2.2.Restraints        
      5.2.3.Opportunities
      5.2.4.Challenges
  5.3.Value Chain Analysis
  5.4.Ecosystem Analysis
  5.5.Pricing Analysis 
  5.6.Technology Analysis
  5.7.Investment and Funding Scenario 
  5.8.Patent Analysis 
  5.9.Trade Analysis 
  5.10.Porter’s Five Forces Analysis 
  5.11.Key Stakeholders and Buying Criteria
  5.12.Key Conferences and Events 
  5.13.Case Study Analysis 
  5.14.Trends/Disruptions Impacting Customers’ Business 
  5.15.Regulatory Landscape 
 
6.DIGITAL PRINTING FOR LVT AND LAMINATE MARKET, BY MACHINE TYPE
  6.1.Introduction 
  6.2.Direct Single Pass
  6.3.Roll-to-Roll
  6.4.Roll-to-Roll Rotogravure 
  6.5.Roll-to-Roll Flexographic 
 
7.DIGITAL PRINTING FOR LVT AND LAMINATE MARKET, BY APPLICATION 
  7.1.Introduction 
  7.2.LVT (Inclusive of SPC, and WPC)
  7.3.Laminate (Inclusive of Plastic, and Engineered Wood)
 
8.DIGITAL PRINTING FOR LVT AND LAMINATE MARKET, BY END-USE
  8.1.Introduction 
  8.2.Residential 
  8.3.Commercial 
 
9.DIGITAL PRINTING FOR LVT AND LAMINATE MARKET, BY REGION
  9.1.Introduction 
  9.2.North America
      9.2.1.US
      9.2.2.Canada 
      9.2.3.Mexico
  9.3.Europe 
      9.3.1.Germany 
      9.3.2.UK
      9.3.3.France
      9.3.4.Rest of Europe 
  9.4.Asia Pacific 
      9.4.1.China 
      9.4.2.Japan 
      9.4.3.India 
      9.4.4.Rest of Asia Pacific 
  9.5.Rest of the World
      9.5.1.Middle East & Africa 
            9.5.1.1.GCC Countries 
            9.5.1.2.Rest of Middle East & Africa 
      9.5.2.South America
 
10.COMPETITIVE LANDSCAPE
   10.1.Key Player Strategies/Right to Win 
   10.2.Revenue Analysis 
   10.3.Market Share Analysis
   10.4.Company Valuation and Financial Metrics
   10.5.Product/Brand Comparison
   10.6.Company Evaluation Matrix: Key Players
        10.6.1.Stars
        10.6.2.Emerging Leaders
        10.6.3.Pervasive Players
        10.6.4.Participants
        10.6.5.Company Footprint: Key Players
               10.6.5.1.Company Footprint 
               10.6.5.2.Region Footprint 
               10.6.5.3.Product Type Footprint 
               10.6.5.4.Application Footprint 
               10.6.5.5.Industry Footprint 
   10.7.Company Evaluation Matrix: Startups/SMEs
        10.7.1.Progressive Companies
        10.7.2.Responsive Companies
        10.7.3.Dynamic Companies
        10.7.4.Starting Blocks
        10.7.5.Competitive Benchmarking: Startups/SMEs
               10.7.5.1.Detailed List of Key Startups/SMEs
               10.7.5.2.Competitive Benchmarking of Key Startups/SMEs
   10.8.Competitive Situation and Trends
 
11.COMPANY PROFILES 
   11.1.Introduction 
   11.2.Key Players 
        11.2.1.Foshan Hope Digital Printing Equipment Co., Ltd
        11.2.2.Cefla Finishing
        11.2.3.Uteco
        11.2.4.Hymmen GmbH Machinery and Plant Engineering
        11.2.5.Kodak
        11.2.6.Kete Group
        11.2.7.BARBERAN, S.A.
        11.2.8.BROTHER INTERNATIONAL
        11.2.9.Rotatek
        11.2.10.Agfa-Gevaert Group
   11.3. Other Players 
 
12.APPENDIX 
 
Notes: 
•The list of companies is subject to change based on research 
•The company profiles for key players will include business overview, products/services offered, recent developments and MnM view (key strengths/right to win, strategic choices made, and weaknesses/competitive threats) for top 5 players

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