DOD Inkjet Printer Segment to Dominate Asia Pacific Industrial Inkjet Printers market during 2021-2028.
According to a new market research study on “Asia Pacific Industrial Inkjet Printers Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Technology, End-user and Country,” is expected to reach US$ 9,056.91 million by 2028 from US$ 5,268.18 million in 2021. The market is estimated to grow at a CAGR of 8% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific industrial inkjet printers market along with the drivers and restraints pertaining to the market growth. Mounting demand from flexible packaging & textile industries and expanding market for multifunctional inkjet printers are the major factors driving the growth of the Asia Pacific industrial inkjet printers market. However, the availability of various substitutes in market may hinder the growth of Asia Pacific industrial inkjet printers market.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial inkjet printers manufacturing activities. Downfall of other consumer goods manufacturing sectors has negatively impacted the demand for industrial inkjet printers during the early months of 2020. Moreover, decline in the overall industrial manufacturing activities has led to discontinuation of industrial inkjet printers manufacturing projects, thereby reducing the demand for industrial inkjet printers. Similar trend was witnessed in other Asia Pacific countries, i.e. Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Asia Pacific industrial inkjet printers is segmented into technology, End-user and country. Based on technology, the market is segmented into CIJ printer and DOD inkjet printer. In 2020, the DOD inkjet printer segment held the largest share in Asia Pacific industrial inkjet printers market. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific industrial inkjet printers market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial inkjet printers.
Anser Coding; Beijing Hi-Pack Coding; Citronix; Domino; Control Print Ltd.; Ebs Ink Jet Systeme; Hitachi Industrial Equipment Systems Co. Ltd; ITW Company; Kba-Metronic; Keyence; Kortho; Leibinger; Linx; Markem-Imaje; Matthews Marking Systems; Squid Ink Manufacturing; United Barcode Systems; Videojet; Weber Marking; and Zanasi are some of the leading companies in the Asia Pacific industrial inkjet printers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
According to a new market research study on “Asia Pacific Industrial Inkjet Printers Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Technology, End-user and Country,” is expected to reach US$ 9,056.91 million by 2028 from US$ 5,268.18 million in 2021. The market is estimated to grow at a CAGR of 8% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific industrial inkjet printers market along with the drivers and restraints pertaining to the market growth. Mounting demand from flexible packaging & textile industries and expanding market for multifunctional inkjet printers are the major factors driving the growth of the Asia Pacific industrial inkjet printers market. However, the availability of various substitutes in market may hinder the growth of Asia Pacific industrial inkjet printers market.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial inkjet printers manufacturing activities. Downfall of other consumer goods manufacturing sectors has negatively impacted the demand for industrial inkjet printers during the early months of 2020. Moreover, decline in the overall industrial manufacturing activities has led to discontinuation of industrial inkjet printers manufacturing projects, thereby reducing the demand for industrial inkjet printers. Similar trend was witnessed in other Asia Pacific countries, i.e. Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Asia Pacific industrial inkjet printers is segmented into technology, End-user and country. Based on technology, the market is segmented into CIJ printer and DOD inkjet printer. In 2020, the DOD inkjet printer segment held the largest share in Asia Pacific industrial inkjet printers market. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific industrial inkjet printers market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial inkjet printers.
Anser Coding; Beijing Hi-Pack Coding; Citronix; Domino; Control Print Ltd.; Ebs Ink Jet Systeme; Hitachi Industrial Equipment Systems Co. Ltd; ITW Company; Kba-Metronic; Keyence; Kortho; Leibinger; Linx; Markem-Imaje; Matthews Marking Systems; Squid Ink Manufacturing; United Barcode Systems; Videojet; Weber Marking; and Zanasi are some of the leading companies in the Asia Pacific industrial inkjet printers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Asia Pacific Industrial Inkjet Printers Market as follows:
Asia Pacific Industrial Inkjet Printers Market - By Technology
- CIJ Printer
- DOD Inkjet Printer
Asia Pacific Industrial Inkjet Printers Market - By End-user
- Food and Beverages
- Automobile
- Packaging
- Cosmetic
- Medical
- Others
Asia Pacific Industrial Inkjet Printers Market - By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific industrial inkjet printers market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific industrial inkjet printers market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific industrial inkjet printers market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Asia Pacific Industrial Inkjet Printers Market Landscape
5. Asia Pacific Industrial Inkjet Printers Market - Key Industry Dynamics
6. Industrial Inkjet Printers - Asia Pacific Market Analysis
7. Asia Pacific Industrial Inkjet Printers Market Analysis - By Technology
8. Asia Pacific Industrial Inkjet Printers Market Analysis - By End-User
9. Asia Pacific Industrial Inkjet Printers Market - Country Analysis
10. Overview - Impact of COVID-19 on Asia Pacific Industrial Inkjet Printers Market
11. Industry Landscape
12. Company Profile
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anser Coding Inc.
- Beijing Hi-Pack Coding Ltd.
- Citronix Inc.
- Control Print Ltd.
- Hitachi Industrial Equipment Systems Co., Ltd.
- EBS Ink-Jet Systeme
- Koenig & Bauer Coding GmbH
- Domino Printing Sciences Plc
- ITW Company
- Keyence Corporation
- Kortho
- Leibinger Group
- Linx Printing Technologies
- Markem-Imaje
- Matthews Marking Systems
- Squid Ink Manufacturing
- United Barcode Systems
- Videojet Technologies, Inc.
- Weber Marking Systems GmbH
- Zanasi
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 160 |
Published | July 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 5268.18 Million |
Forecasted Market Value ( USD | $ 9056.91 Million |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Asia Pacific |