A recent report published by Infinium Global Research on specialty
printing consumables market provides an in-depth analysis of segments and
sub-segments in the global as well as regional specialty printing consumables
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional specialty printing consumables market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global specialty printing
consumables market. According to the report, the global specialty printing
consumables market is projected to grow at a CAGR of 4.4% over the forecast
period of 2019-2025.
Specialty printing involves printing on any material apart from
paper and includes inks, toners, specialty substrates, and chemicals. It finds
application in various printing processes such as digital printing,
flexographic printing, lithographic printing, and rotogravure printing.
Specialty printing consumables are used in office and professional settings,
commercial printing and publishing, and other applications such as consumer and
packaging sectors. The rapidly growing domestic and industrial markets are
supporting the growth of the specialty printing consumables market. The growth
of the packaging industry is also helping the specialty printing consumables
market.
Increase in the use of specialty printing in institutions,
offices, and professional service firms for large-scale printing requirements
is a major driving factor of the specialty printing consumables market.
Furthermore, factors such as increasing demand across the textile industry for
printing, rising applications in the packaging industry, and a wide range of
applications of 3D printing are other driving factors of the market. Expansion
in the textile printing industry is likely to spur the application of digital
printing technology in the market in the future. Expansion in the industrial
and IT sectors is boosting the specialty printing consumables market growth.
However, the introduction of cost-effective and less time-consuming products,
such as digital printing hamper the market growth. Moreover, the growing volume of
exports as well as online orders through E-commerce websites is anticipated to
provide growth opportunities to the market players in the forecasted period.
Geographically, North America dominates the global specialty
printing consumables market due to the rise in 3D printing in sectors such as
healthcare and construction in the U.S. The new developments in construction
technologies in the North America region are expected to witness growth in the
forecasted period. The specialty printing consumables market in the Asia-Pacific
and South America is estimated to expand at a high CAGR during the forecast
period owing to an expansion in the packaging industry in Japan and China.
The report on global specialty printing consumables market covers
segments such as printing process, product, and applications. On the basis of
printing process, the sub-markets include lithographic printing, flexographic
printing, rotogravure printing, and digital printing. On the basis of product,
the sub-markets include toner, ink, specialty substrate, and chemicals. On the
basis of applications, the sub-markets include office and professional
application, commercial printing and publishing application, and other
applications.
The report provides profiles of the companies in the market such
as Xerox Corporation, HP, Eastman Kodak Co., DIC Corporation, Canon Inc., Flint
Ink Inc., Nazdar Ink Technologies, L.P., Lexmark International Inc., Fuji Photo
Film Company Limited, 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 specialty printing consumables 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.