A recent report published by Infinium Global Research on ink-cartridge market provides in-depth analysis of segments and sub-segments in the global as well as regional ink-cartridge market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ink-cartridge market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global ink-cartridge market. According to the report, the global ink-cartridge market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Companies operating in ink-cartridge are focusing on research and development and technological advancements. In addition, companies are adopting strategies such as mergers, acquisitions, and new product launches to maximize market share. Recently, HP, Inc. acquired Bromium to strengthen endpoint security capabilities.
The growing demand for high-quality printing drives the growth of the ink-cartridge market. Consumer’s transfer from tri-color cartridges to ink-cartridges stimulates the growth of the ink-cartridges market. Ink-Cartridges saves money as it can be refilled instead of buying another one. The ink-cartridges met the demand for improved colour printing with a focus on clear and high quality colored printing contributing to the growth of the ink-cartridge market. On the flip side, changes in printing techniques, the growing use of mobile devices, and screen-based applications hamper the growth of the ink-cartridges market. Moreover, new product launches create new opportunities for the growth of the ink-cartridges market.
On the basis of geography, the global ink-cartridge market is segmented into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific is expected to hold a dominant share in the global ink-cartridge market. The increasing consumer preferences from tri-color cartridges to ink-cartridges in the Asia-Pacific region stimulate the growth of the ink-cartridges market in Asia-Pacific. North-America is anticipated to be growing in the global ink-cartridge market with a healthy CAGR over the forecast period.
The report on the global ink-cartridge market covers segments such as type, and application. On the basis of type, the sub-markets include one-piece ink cartridge, and split type ink cartridge. On the basis of application, the sub-markets include commercial use, government, and other applications.
The report provides profiles of the companies in the market such as HP Development Company, LP, Samsung, Canon Inc., Panasonic Corporation, Dell, Xerox Corporation, Lexmark International, Inc., Fuji Xerox Co., Ltd., Seiko Epson Corporation, The Ricoh Company, Ltd., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of ink-cartridge market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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