Middle East and Africa Tactile Printing Market Market to Grow at a CAGR of 6.0% to reach US$ 99.19 Mn Million from 2021 to 2028

Middle East and Africa Tactile Printing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Packaging & Labels, Tactile Graphics, and Secure Documentation) and End User (Braille Users, Industrial, and Government & Defense)

Publication Month : Jun 2021

  • Report Code : TIPRE00023008
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 94
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The tactile printing market in MEA is expected to grow from US$ 65.90 million in 2021 to US$ 99.19 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

Saudi Arabia, South Africa, and UAE are major economies in MEA. Upcoming of technologically and physically advanced tactile printers is the major factor driving the MEA tactile printing market. Lightweight, compact, and technologically advanced printers are emerging as a new trend in the tactile printing market. TactPlus is a small, lightweight, and mobile printing solution. It can be easily taken on the go to print documents in Braille anytime, anyplace. As a graphic tactile printer, TactPlus helps volunteers and educational institutions produce high-quality, colored 3D images. It is equipped with a voice guidance feature to make the printing job easy for visually impaired people. The launch more such printers is anticipated to foster the tactile printing market growth in the coming years. Printer manufacturers in South Africa are increasingly investigating in merger and acquisition opportunities to obtain the required skills, resources, and market shares. For instance, Golden Era built a large-scale plant and Mpact Group has commissioned liquid packaging recycling plant. This is driven by increased demand for consumer products from the continuously rising population of youth consumers and growing domestic economies in Africa. In 2020, the Saudi Arabian Monetary Authority issued new five-riyal banknotes printed on polymer. This denomination is now the first circulation-type polymer banknote of Saudi Arabia as well as the Middle East and Africa. A raised print application located to the lower-left corner of the notes is included to aid identification of the note by visually impaired persons. This is a major factor contributing to the tactile printing industry in the country. Thus upcoming of technologically and physically advanced tactile printers is the major factor driving the MEA tactile printing market.

Major economies in the MEA that are facing challenges due to the COVID-19 outbreak include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait, among others. The region is anticipated to report a swift decline in the supply of raw materials and products, which are procured from various manufacturers in North America, Europe, and APAC; these regions have halted or scaled down their production activities, subsequently lowering the export of components and products to other regions. As per a 2021 report by Labels & Labeling, the pharmaceutical, healthcare, and hygiene products segment saw a multifold increase in demand in 2020. The demand for food and personal care labels remained unchanged, but the cosmetic sector saw a drop in demand. Thus, the region is witnessing a slight decline in the tactile printing market growth.                

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA tactile printing market. The MEA tactile printing market is expected to grow at a good CAGR during the forecast period.
MEA tactile printing market

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MEA Tactile printing Market Segmentation

MEA Tactile printing Market – By Application

  • Packaging & Labels
  • Tactile graphics
  • Secure Documentation

MEA Tactile printing Market – By End User

  • Braille Users
  • Industrial
  • Government & Defense

MEA Tactile printing Market, by Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA  

MEA Tactile printing Market - Companies Mentioned  

  • American Thermoform
  • Canon Inc
  • Index Braille
  • Kanematsu USA
  • Konica Minolta, Inc.
  • Roland DG Corporation
  • ViewPlus Technologies Inc
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Saudi Arabia

  1. American Thermoform
  2. Canon Inc
  3. Index Braille
  4. Kanematsu USA
  5. Konica Minolta, Inc.
  6. Roland DG Corporation
  7. ViewPlus Technologies Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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