Braille Printing Machine Market is expected to reach US$ 515.90 Mn by 2028


PRESS RELEASE BY The Insight Partners 28 May 2021

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Developments in Tactile Printing Method to Provide Growth Opportunities for Braille Printing Machine Market During 2021–2028


According to our latest market study on “Braille Printing Machine Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Connectivity and Product Type,” the market was valued at US$ 332.44 million in 2020 and is projected to reach US$ 515.90 million by 2028; it is expected to grow at a CAGR of 5.86% from 2021 to 2028.

 

The tactile printing is the process of inserting a lifted surface to a substrate for generating a texture that is sensed with touch. Increasing demand for personalized tactile solutions is driving the global tactile printing industry. The tactile printing technology is deployed for creating customized products such as braille wristbands, braille pins, musical cards, switches, location labels, street names, visiting cards, stickers (tactile custom stickers), greeting cards, calculators, braille calendars, recorders, and jewelry. Watermarx Graphics deploys CLIQX emboss technology for creating tactile printing products on all kinds of substrates, varying from paper and cardstock to poly-plastics. Advancements in tactile technology are expanding the scope of braille printing applications in the pharmaceuticals and medical packaging industries.

 

The braille printing market in North America and Europe are expected to exhibit significant growth during the forecast period. North America led the braille printing machine market in 2020. The market growth in the region is mainly attributed to escalating spending by US government on the braille printing development, and concentration of number of prominent manufacturers. American Thermoform is a global leader in the production and distribution of braille products and supplies for the blind and visually impaired; the company offers the highest-quality and affordably priced braille paper and braille labels and is the world’s largest producer of both products. Asia-Pacific is likely to emerge as the most attractive market for braille printing during 2021–2028. The region includes many developing countries such as India, Japan, and South East Asia countries. These countries are embracing new technologies such as IoT and connected devices and are heavily investing in the same, thereby driving the market for braille printing machine.

 

Impact of COVID-19 Pandemic on Braille Printing Machine Market

The COVID-19 pandemic is expected to create tremors in various economies till mid-2021. Businesses globally are facing severe difficulties as they had to either suspend their operations or substantially reduce their activities. Moreover, business shutdown, travel bans, and supply chain disruptions caused economic slowdown in 2020, which would continue in 2021. Countries in North America, Europe, and APAC have implemented drastic measures and travel restrictions to limit the spread of COVID among citizens. Several countries represent a significant market for braille printing machine adoption and growth owing to the high purchasing power of individual customers and boosting the e-commerce industry. However, the manufacturers of braille printers have seen a sharp decline amid the ongoing pandemic.

 

American Thermoform, Baumer hhs GmbH, Blista-Brailletec, Electronic Brailler LLC., HARPO, HumanWare Group, INDEX BRAILLE, Kanematsu USA (TactPlus), Nippon Telesoft Co., Ltd., and ViewPlus are among the major companies operating in the braille printing machine market.

 

Braille Printing Machine Market — by Geography, 2020

Braille Printing Machine Market — by Geography, 2020


Braille Printing Machine Market to Grow at a CAGR of 5.86% to reach US$ 515.90 Million from 2020 to 2028

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Braille Printing Machine Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Connectivity (Wired and Wireless); Product Type (Embossers, Embossers + Monochrome Ink, and Embossers + Color Ink)


 

The global braille printing machine market has been segmented as follows:

Braille Printing Machine Market – by Connectivity
  • Wired
  • Wireless
Braille Printing Machine Market – by Product Type
  • Embossers
  • Embossers + Monochrome Ink
  • Embossers + Color Ink
Braille Printing Machine Market – by Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

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