Large Format Printer Industry

The report "Large Format Printer Market by Offering, Connectivity, Printing Material (Porous, Non-porous), Technology (Ink-based, Toner-based), Print Width, Ink Type, Application (Apparel & Textile, Signage & Advertising, Decor) and Region – Forecast to 2028" The global large format printer industry  was valued at USD 8.1 billion in 2023 and is projected to reach USD 10.4 billion by 2028, registering a CAGR of 5.0% during the forecast period. The growth of the large format printer industry is accelerated by the significant adoption rate and continuous technological progress. These printers find application across various industries, including advertising, packaging, textiles, and architecture, where they are instrumental in producing large-scale prints.

Browse 170 market data Tables and 70 Figures spread through 253 Pages and in-depth TOC on "Large Format Printer Market by Offering, Connectivity, Printing Material (Porous, Non-porous), Technology (Ink-based, Toner-based), Print Width, Ink Type, Application (Apparel & Textile, Signage & Advertising, Decor) and Region – Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/large-format-inkjet-printers-lfp-market-523.html

By Ink Type: UV cured ink is projected to grow at the highest CAGR during the forecast period.

The projected growth of UV-cured ink is driven by its environmentally friendly characteristics, rapid drying capabilities, versatility, exceptional durability, vivid color output, adaptability for customization, and continuous technological advancements. Together, these elements synergistically promote the growing adoption of UV-cured ink within the printing and graphic arts industry.

By Technology: Ink-based technology accounted for the largest market share during the forecast period.

In 2022, the ink-based technology segment dominated the large format printer industry , and this prevailing trend is expected to continue in the forecast period. Ink-based technology is experiencing growth in the context of large format printers because of its versatility, adaptability to diverse applications, reduced waste, and a notably higher growth rate.

By Application: The décor application is projected to grow at the highest CAGR during the forecast period.

The Décor segment is expected to grow at the highest CAGR during the forecast period. The demand for large format printers in decor applications arises from their superior image quality, optimal document size, versatility, and expanding role in home furnishing and decor use cases. Moreover, the rising demand for digitally printed products, including curtains, wall hangings, cushions, and bed covers, is increasing the adoption of large format printers for home decor applications.

By Region: Asia Pacific will likely grow at the highest CAGR during the forecast period.

The Asia Pacific (APAC) region is held for substantial growth in the large format printer industry due to several key factors. These include the robust expansion of graphics, apparel and textiles, and CAD and technical printing sectors. Asia Pacific is a major producer of apparel and textiles, with steady growth projected in this industry. Furthermore, significant market growth is anticipated in advertising and signage applications, particularly in India, driven by its thriving economy. As a result, the large format printer industry in Asia Pacific is expected to exhibit the highest growth rate during the forecast period.

The major players in the large format printer industry include HP Development Company, L.P. (US), Canon Inc. (Japan), Seiko Epson Corporation (Japan), Brother Industries, Ltd. (Japan), MIMAKI ENGINEERING CO., LTD. (Japan), Roland DGA Corporation (Japan), Ricoh (Japan), DURST GROUP AG (Italy), Xerox Corporation (US), Konica Minolta, Inc. (Japan), Agfa-Gevaert Group (Belgium).

Don’t miss out on business opportunities in Large Format Printer Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]