Large Format Printer Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: ESR 28077 Report Format: PDF + Excel (Delivery in 48 Hrs)

Large Format Printer Market Overview

The global Large Format Printer Market is poised to reach $12.0 Billion by 2026, advancing at a CAGR of 3.3% during the forecast period 2021-2026. Large Format Printer is generally used to print banners, posters, wallpaper, vehicle wraps, trade show graphics, constructional plans and so on and is considered to be more economical than screen printing. The surge in demand for large format printing increases across various industries such as textiles, advertising and packaging industries and availability of wireless printing facilities provide consumers to print documents from any wireless device acts as the major drivers for the growth of Large Format Printer during the forecast period 2021-2026. Moreover the usage of UV-curable ink for large format printers to print images on board, glass and wood also accelerate the market growth. The growing popularity of Dye-Sublimation printing in event photography & photo booths also propels the market growth. In August 2020, Epson, a global provider of digital image and printing solution announced the launch of 24 inches dye-sublimation ink tank printer in India. It is designed to produce customized T-shirt, personalized awards and so on. Hence these factors drive the market during the forecast period 2021-2026.

Report Coverage

The report based on: Large Format Printer Market Forecast (2021-2026)”by IndustryARC, covers an in-depth analysis of the following segments of the Large Format Printer Market.
By Technology: Ink-based (Inkjet Printer), Toner Based (Laser) Printer.
By Ink Type: Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation.
By Print Width: Upto 24”, 24-36”, 36-44”, 44-60”, 60-72”, 72” and above.
By Application: Apparel & Textile, Signage, Advertising, Décor, CAD & Technical Printing and Others.
By Geography: North America (USA, Canada and Mexico); Europe (U.K., Germany, Italy, France & Rest of Europe); APAC (China, Japan, South Korea, India & Rest of APAC); South America (Brazil, Argentina & Rest of South America); RoW (Middle East & Africa).

Key Takeaways

  • The top 10 companies in the Large Format Printer are Epson, Hewett Packard Inc, Roland DG Corporation, Mimaki Engineering Co Ltd, Agfa-Gevaert NV, Mutoh Holdings Co, Canon Inc, Ricoh Company Ltd, Konica Minolta and Xerox.
  • Large Format Printer with width ranging from 24” to 36”is analyzed to hold the highest share during the forecast period.
  • Signage is analyzed to hold highest share at 28.2% in 2020 and is projected to witness fast growth during the forecast period 2021-2026, owing to wide range of applications such as advertisement, warning signs and so on.
  • APAC dominated the Large Format Printer Market in 2020 with a share in excess of 38%, owing to emerging graphical industry.

Global Large Format Printer Market Value Share, By Geography, 2020 (%)

Global Large Format Printer Market Value Share
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Large Format Printer Market by Print Width- Segment Analysis

Large Format Printer with width ranging from 24” to 36”is analyzed to hold the highest share with a value of 32.2% in 2020, owing to usage in signage, CAD applications and so on. Printers with 24”-36” are technologically updated with a wide range of features such as high-speed printing, wireless printing from anywhere, inbuilt ram, compatibility with mobile devices and efficient ink cartridges. In October 2020, EPSON India announced the launch of 2 new SureColor P-Series printers 24” SureColor SC-P7530 and 44” SureColor SC-P9530, designed to capture every detail with amazing colors brilliance and accuracy. It is ideal for Photo, Fine Arts, Graphic Design and Proofing Applications.

Large Format Printer Market by Application- Segment Analysis

By Application, the Large Format Printer Market is segmented into Apparel & Textile, Signage, Advertising, Décor and CAD as well as Technical PrintingSignage in Large Format Printer segment is growing at 28.2% in 2020 and is projected to witness fast growth during the forecast period 2021-2026, owing to the increasing usage for advertising and marketing. The demand for Large Format Printer increases for printing indoor and outdoor signage boards to show advertisements, warning symbols in highways and so on. Signage can boost the sales of goods and services by drawing attention of customers. Presently, the demand for soft signage is quite high due to its lightweight, washable and long lasting fabrics; therefore manufactures are focusing on expanding their product portfolios. In May 2021, HP Inc announced the latest edition to its HP Stich Portfolio i.e. 126 HP Stich S1000 printer for soft signage and interior decorations. It is designed to provide high quality printing with greater versatility and smooth operation. 

Large Format Printer Market by Geography- Segment Analysis

APAC dominated the Large Format Printer Market by a market share of more than 38% in 2020, owing to rise in use of large format printer for graphic printing, signage, textile printing and Computer aided design (CAD) as well as technical printing. APAC region is nerve center for textile industry. China and India are the largest exporters of textile in the world. As per Industry Arc recent studies, in 2019 China was the largest textile producing and exporting country in the world with a value of $119.8 Billion. The printing machine industry in Japan is the world’s second largest and is popular for production of advanced and high quality printers. Japan is known as top manufacturer and exporter of large format printers. Increase in wages, urbanization and rise in standard of living which in turn boost the consumer demand for digital printing. Moreover, the emerging graphic printing, digital textile printing and advertising as well as marketing industry has been assessed as the key driver assisting the large format printer market growth during 2021-2026.

Large Format Printer Market Drivers

Increasing adoption of UV-curable Inkjet Printer

Rise in adoption of UV Curable Inkjet Printer has accelerated the growth of the Large Format Printer Market during the forecast period 2021-2026. UV Inkjet printer uses UV digital printing technology to transform a 2D digital image to a 3D object. It offers high quality images as well as improves productivity. UV-Curable Ink is used in printers and offer high speed, quick dry, low energy and environmentally friendly solution. It is widely used in variety of industries such as electronics, promotional, interior decoration and so on. With UV-Inkjet printer, direct printing is possible on resin, glass and metal. In April 2021, Mimaki Engineering Co Ltd, a renowned manufacturer of industrial ink jet printer, plotter and 3D printer, announced the launch of JFX 600-2513 & JFX 550-2513 large flatbed UV Inkjet printer. It is designed with features such as up to 300 % faster print speed, high value added printing technology such as UV printing and mdl command to control printer automation.

Growing adoption of large format printer in vehicle wrap and home furnishing applications

Demand for digital print on curtains, wall hangings to cushions and bed covers is increasing, which accelerates the adoption of Large Format Printer for home décor applications. Large Format Printers are used to print high quality images quickly and accurately. Presently, Dye-Sublimation printers are used in home décor applications by production of more vibrant colors. In February 2020, Mimaki Engineering Co Ltd, a renowned manufacturer of industrial ink jet printer, plotter and 3D printer, announced the launch of Tx300P-1800MKII, a hybrid digital textile printer. It is designed with capabilities such Sublimation Transfer and expand the possibilities of new materials and applications drastically. Presently, vehicle wrap acts as an excellent tool for mobile advertisement, thus accelerate the demand for large format printer. Roland DGA, an international pioneer in printing technology, manufactures world’s best printers for vehicle wrap application.

Large Format Printer Market Challenges

High Investment and Operating cost

High initial investment is required to install and maintain Large Format Printer, thereby impede the market growth. Large format printer requires lot of materials to operate such as costly inks and so on. High electricity consumption is also associated with these printers. Thus high operational cost is analyzed to be one of the major challenges impeding the market growth during the forecast period 2021-2026.

Large Format Printer Market Landscape

Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the Large Format Printer. The top companies in the Large Format Printer are Epson, Hewett Packard Inc, Roland DG Corporation, Mimaki Engineering Co Ltd, Agfa-Gevaert NV, Mutoh Holdings Co, Canon Inc, Ricoh Company Ltd, Konica Minolta and Xerox.

Acquisitions/Technology Launches

  • In January 2021, Epson India launched new large format latex printer i.e. SureColor R5030 & SureColor R5030L for Indian Market. It is designed to offer versatility in applications, high speed, quality printing and self serviceability.
  • In March 2019, Roland DG Corporation launched TrueVIS VG2-640 & VG2-540 large format inkjet printer with features such as new color modes for more elaborate color reproduction and increased print accuracy.

Relevant Report Titles

Report Code: ESR 0260

Report Code: ESR 0585

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1. Large Format Printer Market Overview
    1.1 Definitions and Scope
2. Large Format Printer Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Application
    2.3 Key trends segmented by Geography
3. Large Format Printer Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Large Format Printer Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. Large Format Printer Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Large Format Printer Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Large Format Printer Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. Large Format Printer Market – By Application (Market Size -$Million/Billion)
    8.1 Apparel and Textile
    8.2 Signage
    8.3 Advertising
    8.4 Décor
    8.5 CAD and Technical printing
    8.6 Others
9. Large Format Printer Market – By Print Width (Market Size -$Million/Billion)
    9.1 Upto 24’’
    9.2 24’’-36’’
    9.3 36’’-44’’
    9.4 44’’-60’’
    9.5 60’’-72’’
    9.6 72’’ and Above
10. Large Format Printer Market – By Technology (Market Size -$Million/Billion)
    10.1 Ink Based
    10.2 Toner Based
11. Large Format Printer Market – By Ink Type (Market Size -$Million/Billion)
    11.1 Aqueous
    11.2 Solvent
    11.3 UV Curable
    11.4 Latex
    11.5 Dye-Sublimination
    11.6 Others
12. Large Format Printer Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Netherlands
        12.2.8 Others
    12.3 APAC
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia
        12.3.6 Indonesia
        12.3.7 Malaysia
        12.3.8 Others
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Others
    12.5 RoW
        12.5.1 Middle East
        12.5.2 Africa
13. Large Format Printer Market - Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Large Format Printer Market – Industry Competitive Landscape (Premium)
    14.1 Market Share – Global
    14.2 Market Share by Region
    14.3 Market Share By Application
15. Large Format Printer Market – Key Company List by Country Premium (Premium)
16. Large Format Printer Market - Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10

LIST OF TABLES

1.Global Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
2.Global Large Format Printer Market By Ink Type Market 2019-2024 ($M)
2.1 Aqueous Ink Market 2019-2024 ($M) - Global Industry Research
2.2 Solvent Ink Market 2019-2024 ($M) - Global Industry Research
2.3 UV-Cured Ink Market 2019-2024 ($M) - Global Industry Research
2.4 Latex Ink Market 2019-2024 ($M) - Global Industry Research
2.5 Dye Sublimation Ink Market 2019-2024 ($M) - Global Industry Research
3.Global Large Format Printer Market By Printing Technology Market 2019-2024 (Volume/Units)
4.Global Large Format Printer Market By Ink Type Market 2019-2024 (Volume/Units)
4.1 Aqueous Ink Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Solvent Ink Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 UV-Cured Ink Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Latex Ink Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Dye Sublimation Ink Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
6.North America Large Format Printer Market By Ink Type Market 2019-2024 ($M)
6.1 Aqueous Ink Market 2019-2024 ($M) - Regional Industry Research
6.2 Solvent Ink Market 2019-2024 ($M) - Regional Industry Research
6.3 UV-Cured Ink Market 2019-2024 ($M) - Regional Industry Research
6.4 Latex Ink Market 2019-2024 ($M) - Regional Industry Research
6.5 Dye Sublimation Ink Market 2019-2024 ($M) - Regional Industry Research
7.South America Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
8.South America Large Format Printer Market By Ink Type Market 2019-2024 ($M)
8.1 Aqueous Ink Market 2019-2024 ($M) - Regional Industry Research
8.2 Solvent Ink Market 2019-2024 ($M) - Regional Industry Research
8.3 UV-Cured Ink Market 2019-2024 ($M) - Regional Industry Research
8.4 Latex Ink Market 2019-2024 ($M) - Regional Industry Research
8.5 Dye Sublimation Ink Market 2019-2024 ($M) - Regional Industry Research
9.Europe Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
10.Europe Large Format Printer Market By Ink Type Market 2019-2024 ($M)
10.1 Aqueous Ink Market 2019-2024 ($M) - Regional Industry Research
10.2 Solvent Ink Market 2019-2024 ($M) - Regional Industry Research
10.3 UV-Cured Ink Market 2019-2024 ($M) - Regional Industry Research
10.4 Latex Ink Market 2019-2024 ($M) - Regional Industry Research
10.5 Dye Sublimation Ink Market 2019-2024 ($M) - Regional Industry Research
11.APAC Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
12.APAC Large Format Printer Market By Ink Type Market 2019-2024 ($M)
12.1 Aqueous Ink Market 2019-2024 ($M) - Regional Industry Research
12.2 Solvent Ink Market 2019-2024 ($M) - Regional Industry Research
12.3 UV-Cured Ink Market 2019-2024 ($M) - Regional Industry Research
12.4 Latex Ink Market 2019-2024 ($M) - Regional Industry Research
12.5 Dye Sublimation Ink Market 2019-2024 ($M) - Regional Industry Research
13.MENA Large Format Printer Market By Printing Technology Market 2019-2024 ($M)
14.MENA Large Format Printer Market By Ink Type Market 2019-2024 ($M)
14.1 Aqueous Ink Market 2019-2024 ($M) - Regional Industry Research
14.2 Solvent Ink Market 2019-2024 ($M) - Regional Industry Research
14.3 UV-Cured Ink Market 2019-2024 ($M) - Regional Industry Research
14.4 Latex Ink Market 2019-2024 ($M) - Regional Industry Research
14.5 Dye Sublimation Ink Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Large Format Printer Market Revenue, 2019-2024 ($M)
2.Canada Large Format Printer Market Revenue, 2019-2024 ($M)
3.Mexico Large Format Printer Market Revenue, 2019-2024 ($M)
4.Brazil Large Format Printer Market Revenue, 2019-2024 ($M)
5.Argentina Large Format Printer Market Revenue, 2019-2024 ($M)
6.Peru Large Format Printer Market Revenue, 2019-2024 ($M)
7.Colombia Large Format Printer Market Revenue, 2019-2024 ($M)
8.Chile Large Format Printer Market Revenue, 2019-2024 ($M)
9.Rest of South America Large Format Printer Market Revenue, 2019-2024 ($M)
10.UK Large Format Printer Market Revenue, 2019-2024 ($M)
11.Germany Large Format Printer Market Revenue, 2019-2024 ($M)
12.France Large Format Printer Market Revenue, 2019-2024 ($M)
13.Italy Large Format Printer Market Revenue, 2019-2024 ($M)
14.Spain Large Format Printer Market Revenue, 2019-2024 ($M)
15.Rest of Europe Large Format Printer Market Revenue, 2019-2024 ($M)
16.China Large Format Printer Market Revenue, 2019-2024 ($M)
17.India Large Format Printer Market Revenue, 2019-2024 ($M)
18.Japan Large Format Printer Market Revenue, 2019-2024 ($M)
19.South Korea Large Format Printer Market Revenue, 2019-2024 ($M)
20.South Africa Large Format Printer Market Revenue, 2019-2024 ($M)
21.North America Large Format Printer By Application
22.South America Large Format Printer By Application
23.Europe Large Format Printer By Application
24.APAC Large Format Printer By Application
25.MENA Large Format Printer By Application
26.Hewlett-Packard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Canon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Epson, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Mimaki Engineering, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.RoLAnd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ricoh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Durst Phototechnik, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Xerox, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Konica Minolta, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Agfa-Gevaert, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Electronics for Imaging, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Kyocera, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Lexmark, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Mutoh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Arc Document Solutions, Sales /Revenue, 2015-2018 ($Mn/$Bn)