Industrial Inkjet Printers Market | Global Industry Report 2028

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Industrial Inkjet Printers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (CIJ Printer and DOD Inkjet Printer); End User (Food and Beverages, Automobile, Packaging, Cosmetic, Medical, Others) and Geography

Publication Month: May 2021 | Report Code: TIPRE00022527 | No. of Pages: 150 | Category: Consumer Goods | Status: Published

The industrial inkjet printers market was valued at US$ 9,176.42 million in 2021 and is projected to reach US$ 15,376.76 million by 2028; it is expected to grow at a CAGR of 7.7% from 2021 to 2028.

Industrial inkjet printing uses inkjet technology to print or deposit materials as a part of the manufacturing process of a product on a production line. The idea is similar to that of a desktop inkjet printer, but the scale is vastly different in terms of machine size and speed, as well as the diversity of fluids that must be deposited. The industrial inkjet printers are majorly used for labelling and coding a product. The rising global packaging industry, combined with the faster operating speeds provided by industrial inkjet printers, is anticipated to increase the use of industrial inkjet printers in packaging.

The industrial inkjet printers market in Asia Pacific is expected to grow at the highest rate during the forecast period. The market growth in this region is mainly attributed to changing lifestyles and increasing influence of e-commerce, which is transforming the shopping culture in the region. Moreover, amid COVID-19 pandemic, the number of online customers in the region is increasing significantly as people are preferring the online mode of shopping than visiting physical stores and crowded areas. Such factors are driving the growth of the e-commerce. Moreover, the increasing influence of foreign manufacturers and their products have raised awareness among the local manufacturers in Asia Pacific regarding the importance of packaging in consumers’ purchase decisions. This has significantly propelled the growth of the industrial inkjet printers market, especially in the packaging sector.

Impact of COVID-19 Pandemic on Industrial Inkjet Printers Market

The ongoing COVID-19 pandemic has drastically altered the growth of the industrial inkjet printers market. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disturbed value chain restricted the supply of raw material. However, as the economies are planning to revive their operations, the demand for industrial inkjet printers is expected to rise globally in the coming months.
The focus on just-in-time production is another factor hindering the industrial inkjet printer market growth. With the projected rise in the importance of sustainability and application diversification in post-pandemic times, the demand for industrial inkjet printers is expected to take huge leaps. Several associations, such as The Association for Packaging and Processing (PMMI), are involved in keeping a close check on the effects of the pandemic on the printing and packaging industry along with providing necessary avenues thereof to the concerned parties. Therefore, effective measures taken by such associations, backed by positive government initiatives, to support the packaging industry are expected to generate demand for industrial inkjet printers in the coming years. Further, significant investments by prominent companies in the development of advanced products is yet another factor supporting the market growth.

Industrial Inkjet Printers Market

Industrial Inkjet Printers Market

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Market Insights

Growing Demand for Multifunctional Inkjet Printers Fuel Industrial Inkjet Printers Market Growth

Rapid growth in the advertisement industry, coupled with increasing demand for better print quality and higher print resolution, boosts the growth of the global industrial inkjet printersmarket in coming years. The advertisements industry requires the higher print resolution and better print quality for collaterals. The multifunctional inkjet printers meet these needs; therefore, their demand is growing in the industry. Furthermore, photographers use multifunctional inkjet printers because of their capability to print photographs without a pixel split and with proper color and combination. In addition, by using inkjet printers, photographers can print a photograph on any surface.
Multifunctional inkjet printers are majorly used in offices and institutes, such as schools and colleges. The versatility of these printers to fax, scan, print, copy, and paper handling propels their demand. Further, the cost of the low variants of multifunctional inkjet printers is comparatively low. Therefore, multifunctional inkjet printers are preferred than the single functional inkjet printers. Moreover, various multifunctional inkjet printers are available with features such as Wi-Fi and Bluetooth connectivity, USB port, LCD screen, and touchscreen; these benefits make the printers more user-friendly. The factors mentioned above boost the demand for a multifunctional inkjet printer across the world.

Technology Insights

Based on technology, the industrial inkjet printers market is bifurcated into CIJ printers and DOD inkjet printers. The DOD inkjet printers segment accounted for a larger market share in 2020. Drop on demand (DOD) refers to a type of inkjet printing in which drops are ejected from the printhead only when they are required. A pressure pulse is created within the printhead, which causes the drops to form. DOD inkjet includes several technologies, including thermal inkjet (TIJ) technology, acoustic, electrostatic, thermal, and piezoelectric. The primary DOD subtypes, thermal and piezo are defined by the method utilized to generate this pressure pulse. Further, each nozzle in a drop on demand printer is controlled independently. Although, thermal inkjet (TIJ) technology is commonly used in consumer desktop printers, it is now finding its way in industrial inkjet applications. Simple concept and moderate cost are the major benefits of DOD. Due to the large diameter of the nozzles, large font size can be printed with the help of DOD. Further, with this type of printer, high quality printed images are obtained even on delicate and uneven surfaces. Special inks are available in the market with variety of colors to be used on porous materials (paper, cardboard, and wood, among others) as well as smooth and impermeable surfaces (plastic, metal, glass, etc.). In addition, functionality, versatility, and the ability of DOD printheads to create grayscale and gradient effects at effective resolutions of 1200 dpi or greater are a few of the major advantages offered by drop on demand (DOD).

Industrial Inkjet Printers Market, by Technology– 2020 and 2028

Industrial Inkjet Printers Market, by Technology– 2020 and 2028

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End User Insights

Based on end user, the industrial inkjet printers market is segmented into food and beverages, automobile, packaging, cosmetic, medical, and others. The packaging segment accounted for the largest market share in 2020 and is also expected to register the highest CAGR in the market during the forecast period. Inkjet printers were initially created for use in packaging coding and labelling applications. Large size inkjet printers are used in the packaging sector to print high-quality labels and containers. Big format printers provide various advantages, including quick turnaround time, inexpensive printing costs, and flexibility. During the packing process, inkjet printers are widely utilized for inline printing of date and lot codes. These printers minimize issues such as blurred or missing prints, as well as holes in films, which are typically created by contact printing methods such as stamping. The use of built-in sensors and optimization can result in flawless and clear marking. Inkjet printers are easy to install on both high-speed production lines and packing machines. When encoders are used with printers, the printing speed is automatically changed to match the film/line speed, ensuring consistent printing.

Strategic Insights

Report Coverage - Industrial Inkjet Printers Market
Report CoverageDetails
Market Size Value inUS$ 9,176.42 Million in 2021
Market Size Value byUS$ 15,376.76 Million by 2028
Growth rateCAGR of 7.7% from 2021-2028
Forecast Period2021-2028
Base Year2021
No. of Pages150
No. of Tables83
No. of Charts & Figures80
Historical data availableYes
Segments coveredTechnology ; End User and Geography
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

A few players operating in the industrial inkjet printers market are Anser Coding, Beijing Hi-Pack Coding, Citronix, Control Print, Domino, Ebs Ink Jet Systeme, Hitachi, Iconotech, ITW Company, Kba-Metronic, Keyence, Kortho, Leibinger, Linx, Markem-Imaje, Matthews Marking Systems, Squid Ink Manufacturing, United Barcode Systems, Videojet, Weber Marking, and Zanasi. The key companies implement the mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

Report Spotlights

  • Progressive industry trends in the industrial inkjet printers market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the industrial inkjet printers market from 2019 to 2028
  • Estimation of global demand for industrial inkjet printers
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the industrial inkjet printers market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the industrial inkjet printers market size at various nodes
  • Detailed overview and segmentation of the market, as well as the industrial inkjet printers industry dynamics
  • Size of the industrial inkjet printers market in various regions with promising growth opportunities

Industrial Inkjet Printers Market – by Technology

  • CIJ Printers
  • DOD Inkjet Printers

Industrial Inkjet Printers Market – by End User

  • Food and Beverages
  • Automobile
  • Packaging
  • Cosmetic
  • Medical
  • Others

Company Profiles

  • Anser Coding
  • Beijing Hi-Pack Coding
  • Citronix
  • Control Print
  • Domino
  • Ebs Ink Jet Systeme
  • Hitachi
  • Iconotech
  • ITW Company
  • Kba-Metronic
  • Keyence
  • Kortho
  • Leibinger
  • Linx
  • Markem-Imaje
  • Matthews Marking Systems
  • Squid Ink Manufacturing
  • United Barcode Systems
  • Videojet
  • Weber Marking
  • Zanasi

Frequently Asked Questions

The key players operating in the industrial inkjet printers market are Anser Coding; Beijing Hi-Pack Coding; Citronix; Control Print; Domino; Ebs Ink Jet Systeme; Hitachi; Iconotech; ITW Company; Kba-Metronic; Keyence; Kortho; Leibinger; Linx; Markem-Imaje; Matthews Marking Systems; Squid Ink Manufacturing; United Barcode Systems; Videojet; Weber Marking; and Zanasi among others.
Industrial inkjet printing involves using inkjet technology to print or deposit materials as part of the manufacturing process of a product on a production line. The idea is similar to that of a desktop inkjet printer, but the scale is vastly different in terms of machine size and speed, as well as the diversity of fluids that must be deposited. The industrial inkjet printers market has been segmented based on technology and end user. CIJ printers and DOD inkjet printers are the technology segments of industrial inkjet printers. Based on end user, the market is segmented into such as food and beverages, automobile, packaging, cosmetic, medical, and others.
Inkjet printers were initially created for use in packaging coding and labelling applications. Large size inkjet printers are used in the packaging sector to print high-quality labels and containers. Big format printers provide various advantages, including quick turnaround time, inexpensive printing costs, and flexibility. During the packing process, inkjet printers are widely utilized for inline printing of date and lot codes. These printers minimize issues such as blurred or missing prints, as well as holes in films, which are typically created by contact printing methods such as stamping. The use of built-in sensors and optimization can result in flawless and clear marking. Inkjet printers are easy to install on both high-speed production lines and packing machines. Such factors have increased the demand for industrial inkjet printers from the packaging sector.

The List of Companies - Global Industrial Inkjet Printers Market

  1. ANSER CODING INC
  2. Beijing Hi-Pack Coding Ltd
  3. Citronix Inc.
  4. Control Print Ltd.
  5. Hitachi Industrial Equipment Systems Co., Ltd.
  6. EBS Ink-Jet Systeme
  7. Koenig & Bauer Coding GmbH
  8. Iconotech
  9. Domino Printing Sciences plc
  10. ITW Company
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the global industrial inkjet printers market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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