The latest report on “Specialty Printing Consumables Market (Printing Process – Lithographic Printing, Flexographic Printing, Rotogravure Printing, and Digital Printing; Product – Toner, Ink, Specialty Substrate, and Chemicals; Applications – Office and Professional Application, Commercial Printing and Publishing Application, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.”The global specialty printing consumables market is projected to grow at a CAGR of 4.4% over the forecast period of 2019-2025.
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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.
Expansion in the Industrial and It Sectors is Boosting the Specialty Printing Consumables Market Growth
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.
North America Dominates the Global Specialty Printing Consumables Market
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.
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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.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the specialty printing consumables.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.