For 2024, the net value of total industrial printers adopted across all countries is likely to be pegged at US$ 15,697.8 million. According to our global printer market analysis report, the worldwide demand is poised to grow at a rate of 5.5% till 2034. The report predicts the overall market value to reach almost US$ 26,814.1 million by the end of the forecast period.
Trends in the Industrial Printer Market
Report Attribute | Details |
---|---|
Industrial Printer Market Share (2024) | US$ 15,697.8 million |
Market Anticipated Forecast Value (2034) | US$ 26,814.1 million |
Market Projected Growth Rate (2024 to 2034) | 5.5% |
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According to our previous reports for commercial printer market size and industry share, industrial printer sales garnered a revenue of US$ 14,879.4 million in 2019. Over the succeeding five years, the sales of industrial printers were witnessed to have surged by a 4.8% growth rate per year. By the end of 2023, the overall market value for industrial printers was US $ 12,324.8 million.
Attributes | Details |
---|---|
Industrial Printer Market Size (2019) | US$ 12,324.8 million |
Industrial Printer Market Size (2023) | US$ 14,879.4 million |
Market (CAGR 2019 to 2023) | 4.8% |
Size and opportunities for the commercial printing market are rising with the worldwide movement toward automation after the adoption of Industry 4.0 concepts in production processes. Heavy-duty printing solutions are critical for printing barcodes, labels, and other critical data in an automated and networked production environment.
Factors to Decide on Growth Outlook for the Industrial Printer in the Global Market
Demand for accurate and quick labeling and large-scale printing solutions has surged due to the growing e-commerce industry and subsequent logistical operations. Industrial-grade printing technology has become critical for the production of shipping labels, tracking data, and other documents needed to keep supply chains running smoothly.
Printing of variable data such as batch numbers, expiration dates, and unique identification codes is now frequently needed for product labeling in almost all manufacturing sectors. Particularly for electronics, food & beverage, and pharmaceutical industries, multifunction industrial printers have become inevitable for accurate and efficient printing.
The table below provides an overview of the expected growth rates in some top industrial printer manufacturing countries located in different geographical regions. The development of commercial printing equipment has aided manufacturers' ability to readily integrate branding components and update information according to region specifics.
Regional Market Comparison | CAGR (2024 to 2034) |
---|---|
United States | 3.2% |
Germany | 4.8% |
China | 7% |
India | 7.9% |
Many leading global industrial-scale print technology players are located in the United States and are expected to drive the regional market at 3.2% CAGR through 2034.
The need for better adaptation and durability of printed labels is driving the country's market to develop advanced printing technology for commercial uses. They can produce prints resistant to abrasion, chemicals, and extreme conditions and are ideal for operating in harsh industrial environments.
Germany is the leading manufacturer and supplier of heavy-duty print equipment in Europe and could advance at 4.8% CAGR over the forecast years.
To adhere to European industry norms and regulations, many industries, including healthcare, automotive, and aerospace, have adopted strict labeling and marking requirements. So, the demand for robust printers for industrial use is now required more in Germany to guarantee correct labeling and tracing items throughout their lifespan.
The manufacturing capacity of industrial printers in China has increased manifold in the last few years and is expected to progress at 7% CAGR through 2034.
China has recognized the role of commercial printing systems in enhancing production processes and popularizing its end-use products in the global market. So, besides having enough demand for exports, the regional demand for robust industrial printers is set to advance the China market at a faster pace.
Over the next ten years, the demand for industrial-scale print technology in India is poised to rise at an impressive 7.9% per year.
Industrial printer manufacturers in India are hopeful after the surging demand for different printing technologies, including inkjet, direct thermal, and thermal transfer. To cater to the vast regional market, they are focused on the development of high-volume printing machines that can also provide higher print quality, quicker print times, and longer-lasting printed goods.
The industrial inkjet printer market size could account for nearly 43.4% of the parent market's revenue from all printer sales in 2024.
Attributes | Details |
---|---|
Top Printer Type | Inkjet Printer |
Market Share in 2024 | 43.4% |
The industrial inkjet printer market outlook seems promising through 2034 with the growing industrialization of low-income group countries in Asia and Africa. The reliability of inkjet printers for high print speeds and high print quantities allows manufacturers to optimize processes, minimize downtime, and fulfill production schedules.
Among the different types of sectors for the application of industrial printers, automotive manufacturing is expected to hold almost 30.4% of the market share in 2024.
Attributes | Details |
---|---|
Top End Use Type | Automotive Industry |
Market Share in 2024 | 30.4% |
To keep up with changing industrial norms, automobile companies and automotive part manufacturers are implementing smart labeling and packaging solutions. A notable rise in automobile market sales and aftermarket sales is anticipated to strengthen this segment further during the forecast years.
The overall industrial printer market is gradually becoming competitive with the emergence of new market players in emerging economies. However, the competitive landscape for industrial printers has been transformed by the recent development of new technologies like RFID. Product tags are now printed more using radio-frequency identification or RFID printers, which improves inventory control and traceability.
Some new players are now integrating manufacturing execution systems (MES) or enterprise resource planning (ERP) with their industrial printers to gain a competitive edge. Connectivity with MES and ERP Systems streamlines data transmission to guarantee correct and up-to-date information on printed labels, ultimately further automating printing procedures.
Recent Developments in the Global Industrial Printer Market
In March 2023, Toshiba unveiled the first-of-its-kind industrial printer that prints packing lists and shipping labels on one dual-sided liner-less label concurrently. By doing away with the plastic bags and extra packaging slips and not generating any waste from label liners, this innovation can help businesses to operate more sustainably. With a substantial 3,000-label roll capacity and a 24-label per-minute delivery speed, it further boosts efficiency by decreasing downtime with fewer label roll changes. Furthermore, it offers a better user experience with a near-edge print-head design, a colorful and simple-to-use 10.1-inch LCD touchscreen control panel, and 203 dots per inch resolution.
In July 2022, Printronix, the top manufacturer of ruggedized industrial printing solutions, announced the introduction of two Printronix Industrial grade laser printers for the United States market. LP654C could be the world's smallest industrial-grade Letter/A4 color printer and is equipped to produce full-color documents quickly and with excellent quality. It can also handle media weights up to 256gsm and lengths up to 52"/1.32m with a print rate of 35 pages per minute. Meanwhile, the LP844C is a new tabloid/A3 color printer that can print up to 36 pages per minute and is claimed to have the lowest footprint.
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Attribute | Details |
---|---|
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | US$ million or billion for Value and Units for Volume |
Key Regions Covered | North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Product Type, By End Use, and By Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global industrial printer market is likely to grow at 5.5% per year through 2034.
The global industrial printer market could be valued at US$ 26,814.1 million by 2034.
The global industrial printer market was valued at US$ 14,879.4 million in 2023.
The United States accounts for nearly one-fourth of the revenue share of the global market.
India is predicted to witness a CAGR of 7.9% in sales of industrial printers through 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2024 to 2034 5.3.1. Offset Lithography 5.3.2. Inkjet 5.3.3. Flexographic 5.3.4. Screen 5.3.5. Gravure 5.3.6. Other Types 5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Applications 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Applications, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Applications, 2024 to 2034 6.3.1. Packaging 6.3.2. Advertising 6.3.3. Publishing 6.3.4. Other Applications 6.4. Y-o-Y Growth Trend Analysis By Applications, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Applications, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Type 8.2.3. By Applications 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Type 8.3.3. By Applications 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Type 9.2.3. By Applications 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Type 9.3.3. By Applications 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Type 10.2.3. By Applications 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Type 10.3.3. By Applications 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Type 11.2.3. By Applications 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Type 11.3.3. By Applications 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Type 12.2.3. By Applications 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By Applications 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Type 13.2.3. By Applications 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Type 13.3.3. By Applications 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Type 14.2.3. By Applications 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Type 14.3.3. By Applications 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Type 15.1.2.2. By Applications 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Type 15.2.2.2. By Applications 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Type 15.3.2.2. By Applications 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Type 15.4.2.2. By Applications 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Type 15.5.2.2. By Applications 15.6. UK 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Type 15.6.2.2. By Applications 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Type 15.7.2.2. By Applications 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Type 15.8.2.2. By Applications 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Type 15.9.2.2. By Applications 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Type 15.10.2.2. By Applications 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Type 15.11.2.2. By Applications 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Type 15.12.2.2. By Applications 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Type 15.13.2.2. By Applications 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Type 15.14.2.2. By Applications 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Type 15.15.2.2. By Applications 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Type 15.16.2.2. By Applications 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Type 15.17.2.2. By Applications 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Type 15.18.2.2. By Applications 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Type 15.19.2.2. By Applications 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Type 15.20.2.2. By Applications 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Type 15.21.2.2. By Applications 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Type 15.22.2.2. By Applications 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Type 15.23.2.2. By Applications 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Type 16.3.3. By Applications 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Quad/Graphics Inc. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. ACME Printing 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. LSC Communications US LLC 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Cenveo Corporation 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Transcontinental Inc. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Dai Nippon Printing Co. Ltd 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. RR Donnelley and Sons 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Bertelsmann S.E. and Co. KGaA 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Toppan Co. Ltd 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Vistaprint NV 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. Ennis Inc. 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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