Printers Market Overview:
Printers market is going through a complex situation wherein a gamut of companies are investing in the technology-based startups that are largely supporting the printers market, whereas, on the other hand, the market size is dwarfed by the digitalization and digitization in various sectors due to which many companies are shunning from the usage of printers. This disruption is well-documented in a printers market research report compiled by IndustryARC’s market analyst, according to whom the printers market size was measured to be over $100 billion as of 2018. Furthermore, the analyst has estimated the demand for printers to observe a CAGR between -3% and -5% during the forecast period of 2019 to 2025. Even though there is a discernible decline in demand, the application in the textile industry will chiefly propel the printers market.
China has observed rapid growth in the digital textile printing industry over the years due to the increase in the number of textile yarns in the country. Furthermore, other countries such as India, Malaysia, Indonesia, and the Philippines have observed a noticeable growth in the textile industry which utilizes digital printers for branding due to which APAC held the maximum regional printers market share of 30% to 35% in 2018.
Printers Market Outlook:
Printers are devices that replicate the images, graphics, and written texts on paper. There are various types of printers that include dot-matrix printers, line printers, daisy-wheel printers, laser & led printers, and mono printers.
Printers have applications in many industries that range from IT, chemical, publishing, branding, and others. However, owing to their heavy usage in the textile industry, their key application is in the same, according to the research by the market analyst. Furthermore, the analyst estimates the application CAGR of printers in the textile sector to be healthy 5% to 6%.
“The growing textile industry attributable to the increasing demand for the textile goods coupled with the fact that printers are imperative for branding is making the industry a sustainable marketplace for the vendors in the printers market,” remarks the analyst in the printers market research report.
Printers Market Growth Drivers:
- The Growing 3-D Printers Market Size –
According to a report by the National Conference of Standard Laboratories International, the 3-D printers market will be at the helm of the 4th industrial revolution. This majorly attributes to the fact that 3-D printers have a myriad of advantages such as 3-D scanning, print optimization, and digital simulation software. Furthermore, 3-D printing will disrupt $4 to $6 trillion of the current global economy in the next 10 years, which will create opportunities for the vendors in the printers market.
- Diverse Applications Still Driving Demand Influx –
The growing IT industry and the fact that branding hasn’t entirely moved to the digital arena are factors responsible for the sustenance of the printers market. Even though the e-Books have been dominating the book market with readers preferring gadgets to read on, instead of printed copies, some parts of the world still observe a rise in the sales of printed books. According to The Guardian, the sales of books were valued to be $7.46 billion in 2017, which largely sustained the demand influx in the printers market. Furthermore, the packaging industry is on the rise owing to the growth of E-Commerce and the food and beverages industry, which is further bolstering the demand for printers.
Printers Market Trends:
There are multiple on-going innovations in the printers market that are poised to disrupt the industry. The future will observe the emergence of mobile-ready and cloud-ready printers which will gain a wide spectrum of target customers.
The field of automation is making strides which will also influence the printers market in ways more than one. It will enable remote administration and personalization that will attract a lot of customers.
Printers Market Challenges:
As mentioned above, the major challenge in the printers market is the reduction in the market size due to digitalization and digitization across various sectors. However, printers are still an indispensable facility in some industries, and the innovations will lead to new horizons in the printers market.
Printers Market Key Players Perspective:
The key players crusading for the printers market share are HP, Seiko Epson, Ricoh, Canon, Samsung, Xerox, Brother, Hitachi, Konica Minolta, Durst, Zebra Technologies, and Lexmark.
Printers Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the printers market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of printers market, and their specific applications in chemical, education, medical, office solutions, interior designing, and others.
Printers Market Report: Industry Coverage
The report analyses the product demands by the type of printers that include impact printers, non-impact printers, and others. The report also documents the printers market by the method of production - offset, web based, gravure, flexo, and others.
The printers market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
Key Questions Addressed in the Printers Market Report
Is the market demand for printers growing? How long will it continue to grow and at what rate?
Which type of home security system presents the major growth opportunities?
Is there a possibility for change in the market structure over time?
Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?
Do the key vendors look for partnerships to expand their businesses with respect to geography or product?
What are the short-term, long-term, and medium-term growth drivers for the market?
What are the short-term, medium-term, and long-term challenges for the market?
What are the short-term, medium-term, and long-term opportunities for the market
Who are the top players/companies of the market?
What are the recent innovations in the market?
How many patents have been filed by the leading players?
What are the types of patents filed by the leading players?
What is our Vision 2030 for printers market?
A Few Focus Points Of This Research Are Given Below:
- Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
- Provide an overview of the product portfolio, including product planning, development, and positioning
- Discuss the role of technology companies in partnerships
- Explore the regional sales activities
- Analyze the market size and giving the forecast for current and future global printers market during the forecast 2018–2023
- Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures
1. Printers Market - Overview
1.1. Definitions and Scope
2. Printers Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Printers Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Printers Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Printers Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Printers Market Forces
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes
7. Printers Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Printers Market – Import & Export Analysis (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Import Analysis
8.3.2. Export Analysis
9. Printers Market – By Type (Market Size -$Million / $Billion)
9.2. Impact Printers
9.2.1. Dot-Matrix Printers
9.2.2. Line Printers
9.2.3. Drum Printers
9.2.4. Chain Printers
9.2.5. Daisy-Wheel Printers
9.2.6. Band Printers
9.3. Non-Impact Printers
9.3.1. Ink-Jet Printers
9.3.2. Laser & LED Printers
9.3.3. Thermal Printers
220.127.116.11. Electro Thermal Printers
18.104.22.168. Thermal Wax Printers
9.4. Others(Color Printers, Mono Printers, Color Multifunction Printers, Mono Multifunction Printers, Large Format Printers, Plotter, 3D Printers)
10. Printers Market – By Production Method (Market Size -$Million / $Billion)
10.2.1. Cut Sheet
10.2.2. Continuous Feed
10.2.3. Sheet Feed
10.3. Web Based
11. Printers Market – By Applications (Market Size -$Million / $Billion)
11.4. Interior Designing
11.6. Office Solutions
11.8. Large Format Commercial Printing
11.9. Light Production Printing
11.10. Screen Printing
11.11. Apparel (Textiles)
11.12. Promotional Products
11.13. Digital Media
12. Printers - By Geography (Market Size -$Million / $Billion)
12.1. Printers Market - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size
22.214.171.124. Rest of North America
12.3. Printers - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size
126.96.36.199. Costa Rica
188.8.131.52. Rest of South America
12.5. Printers - Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size
184.108.40.206. Rest of Europe
12.7. Printers – APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size
220.127.116.11. South Korea
13. Printers Market - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Printers Market – Industry / Segment Competition landscape Premium
14.1. Market Share Analysis
14.1.1. Market Share by Country- Top companies
14.1.2. Market Share by Region- Top 10 companies
14.1.3. Market Share by type of Application – Top 10 companies
14.1.4. Market Share by type of Product / Product category- Top 10 companies
14.1.5. Market Share at global level- Top 10 companies
14.1.6. Best Practises for companies
15. Printers Market – Key Company List by Country Premium
16. Printers Market Company Analysis
16.1. Market Share, Company Revenue, Products, M&A, Developments
16.2. Company 1
16.3. Company 2
16.4. Company 3
16.5. Company 4
16.6. Company 5
16.7. Company 6
16.8. Company 7
16.9. Company 8
16.10. Company 9
16.11. Company 10 and More
"*Financials would be provided on a best efforts basis for private companies"
17. Printers Market -Appendix
18. Printers Market -Methodology Premium
18.1. Research Methodology
18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.11. Supply and Demand Trends