Global Specialty Printing Consumables Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period.
Specialty printing includes printing on any material excepting paper. Specialty printing consumables involve products ranging from toner & ink containers to printer drums & ribbons. These are either processed in the form of powder or liquid according to the model of printer used by the manufacturer.
Rising usage of printing consumables in organizations, educational institutes, and commercial sectors such as textile and packaging has been driving the growth of the specialty printing consumables market. Increasing demand across the textile industry for printing and rising applications in the packaging industry are a few major factors supplementing the specialty printing consumables market growth.
Obtainability of effective technologies for printing processes, for example-hybrid printing, nano-scale printing, micro dispensing to 3D printing used in industries such as printed electronics, packaging, publishing, decorative designing, and automotive have contributed to the global specialty printing consumables market growth over the forecast period. For instance, In January 2019, the Huber group launched worldwide compliant folding carton food packaging printing ink. Huber group reinvented its MGA NATURA series with a single ink that acts under all the Food and Drug Administration (FDA) standards and EC Regulations to flourish in Europe and North America regions.
Also, the growing volume of exports along with online orders through E-commerce websites is expected to deliver the growth opportunities to the specialty printing consumables market players in the forecasted period. On the other hand, the introduction of less time consuming and economical products are likely to pose a threat to the specialty printing consumables market.
According to the product, the toner segment held the largest market share of 30.01% in 2018. Toner being a powdered mix is used in laser printers and photocopies to print images and text on paper. It is extensively used for commercial publishing such as newspapers, novels, and journals. With the thriving education industry worldwide, the demand for printed study material is increasing, thereby boost up the growth of the specialty printing consumables market in this segment.
Region-wise, in the Asia Pacific region, the rise in investment in the printing industry in China and Japan, mainly in the 3D printing sector, has made the specialty printing consumables market is the most promising regional market globally. The specialty printing consumables market in Europe is also expected to grow at a rapid pace throughout the forecast period thanks to an increase in demand for specialty printing in the textile sector, technological developments, and rise in the application of specialty printing in the growing packaging industry.
The objective of the report is to present a comprehensive analysis of the Global Specialty Printing Consumables Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Application. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Application on the market have been presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Specialty Printing Consumables Market dynamics, structure by analyzing the market segments and project the Global Specialty Printing Consumables Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Specialty Printing Consumables Market make the report investor’s guide.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Scope of the Global Specialty Printing Consumables Market
Global Specialty Printing Consumables Market, By Product
• Toner
• Ink
• Specialty Substrate
• Chemicals
Global Specialty Printing Consumables Market, By Printing Process
• Lithographic Printing
• Flexographic Printing
• Rotogravure Printing
• Digital Printing
Global Specialty Printing Consumables Market, By Application
• Office and Professional Application
• Commercial Printing and Publishing Application
• Other Application
Global Specialty Printing Consumables Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Specialty Printing Consumables Market
• DIC Corporation
• Canon Inc.
• Xerox Corporation
• HP
• Eastman Kodak Co.
• Flint Ink Inc.
• Nazdar Ink Technologies
• L.P.
• Lexmark International Inc.
• Fuji Photo Film Company Limited
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