New report forecasts inkjet printing future
August 13, 2018
The report, compiled by Smithers Pira, examines the future of inkjet printing up to 2023 and predicts the total market will experience a CAGR of up to 10 percent.
This CAGR will see the total market for inkjet printing reach approximately $110 billion (€96.6 billion) by the end of the forecast period (2018-2023). As Smithers Pira says, “This results from the adoption of inkjet in packaging, led by the high-performance single-pass presses used by the corrugated sector.”
Smithers Pira also explains, “Companies investing in the technology provide new levels of service and speeds up the time-to-market for their customers. Innovation and development continue across the supply chain as the market for inkjet matures, creating opportunities for print companies and packaging converters, together with their equipment and consumable providers. Fast-growing industrial decoration sectors are also using inkjet (ceramics and textiles) and benefitting from the continuing technology investments in heads, inks, integrated print systems and control software.”
The report was based on interviews across the supply chain with printers and suppliers of equipment, consumables and software, as well as drawing on a range of secondary sources, such as journals, magazines and conference papers.
It includes the latest developments in technology for the inkjet ink market, an overview of supplier markets and region, and an examination of inkjet markets by end use.
To purchase the report, click here.
Categories : Around the Industry
Tags : Growth Inkjet Printing Report Smithers Pira
