Wide Format Printers Global Market to Reach $8.7 Billion by 2030: Growing Usage of Wide Format Printing in Various Industries Fuels the Sector


Dublin, May 22, 2023 (GLOBE NEWSWIRE) -- The "Wide Format Printers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Wide Format Printers estimated at US$6.6 Billion in the year 2022, is projected to reach a revised size of US$8.7 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030.

Aqueous, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$3.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Solvent segment is readjusted to a revised 3.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 5.9% CAGR

The Wide Format Printers market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2030.

Select Competitors (Total 62 Featured) -

  • Agfa-Gevaert N.V.
  • Canon Inc.
  • Electronics for Imaging Inc.
  • HP, Inc.
  • Konica Minolta Inc.
  • Mimaki Engineering Co., Ltd.
  • Oce-Technologies B.V.
  • Ricoh Company, Ltd.
  • Roland DG Corporation
  • Seiko Epson Corporation
  • Xerox Corporation

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages203
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$6.6 Billion
Forecasted Market Value (USD) by 2030$8.7 Billion
Compound Annual Growth Rate3.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Recent Market Activity
  • Relevance of Print Media Endures in the Era of Digitalization
  • Wide Format Prints - A Compelling Platform for Marketing Communication
  • Convergence of Wide Format with Digital Media Provides Marketers a Powerful Marketing Communications Tool
  • Industrial Usage of Wide Format Printers
  • Increasing and Wider Usage of Digital Printing Devices
  • Unmatched Opportunities
  • Making Printing Easy and Affordable
  • Using Diverse Materials
  • Strong Business Case for Commercial Print Service Providers to Adopt Wide Format Printing
  • Roadblocks in the Path to Adoption of Wide Format Printing
  • Entry & Growth Barriers for Wide Format Printing Business Ranked in Descending Order of Importance
  • Outlook
  • Analysis by Type of Printing Ink Technology
  • Competitive Landscape
  • Global Production Printer Market Remains Highly Consolidated
  • Convergence of Wide Format with Digital Media Provides Marketers a Powerful Marketing Communications Tool
  • Industrial Usage of Wide Format Printers
  • Wide Format Printers - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Versatility is the Name of the Game
  • Changing Landscape of Commercial Printing
  • UV and Latex Technologies to Drive Growth
  • Advancements in Ink and Media
  • New Markets for Output Providers
  • Popularity of Soft Signage to Drive Growth
  • Growing Usage of Wide Format Printing in Various Industries
  • Use of Less Printing Ink
  • Affordable Machines
  • Wide Format Printers to Incorporate Systems for Optimizing Ink Usage
  • Growing Demand for 3D Printing to Spur Growth of Wide Format Printers Market
  • Technological Innovation, Diversification Become Growth Moto for Wide Format Printers
  • UV Wide Format Inkjet Printers Open Up New Frontiers for PSPs in Signage and Display Applications
  • Technological Advancements Sustain Demand for Aqueous Printers
  • Digital Printing Technologies Loaded with Benefits for Print Service Providers
  • Print Service Providers Transition to Hybrid Analog-Digital Printing Model
  • Digital Printing Benefits from Growing Demand for Versioning and Personalization of Printed Materials
  • Digital Printing Makes Green Printing a Reality
  • Digital Color Printing Market Reflects Bright Prospects, Driven by Expanding Scope of Applications
  • Continuous Technological Advancements Critical for Resolving Market Growth Challenges
  • Inkjet Printing Wresting Market Share from Electrophotographic Printing Technology
  • Applications of Inkjet Expand Beyond Advertising
  • High Speed Color Inkjet Printing Becomes More Affordable
  • Worldwide Production Printer Systems Market Records Strong Growth
  • Industrial Printing - An Emerging Market for Digital Printing

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6btn30

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Global Market for Wide Format Printers

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