The production printer market share is expected to increase by USD 690.03 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3%.
This production printer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers production printer market segmentation by technology (offset printing and digital printing), application (transactional, promotional, publishing, packaging, and others), and geography (APAC, North America, Europe, South America, and MEA). The production printer market report also offers information on several market vendors, including Agfa-Gevaert NV, Canon Inc., Eastman Kodak Co., Heidelberger Druckmaschinen AG, Hewlett Packard Enterprise Co., Konica Minolta Inc., KYOCERA Corp., Ricoh Co. Ltd., Sharp Corp., and Xerox Corp. among others.
What will the Production Printer Market Size be During the Forecast Period?
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Production Printer Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increase in the demand for production printers with the inkjet printing technology is notably driving the production printer market growth, although factors such as increasing cost of raw materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the production printer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Production Printer Market Driver
One of the key factors driving growth in the production printer market is the increase in the demand for production printers with the inkjet printing technology. The demand for inkjet production printers is growing due to their high efficiency, low cost, large sheet size, high image quality, and high speed. To increase the response to such advertisements, vendors personalize the content through digital printing by using inkjet printing technology. Digital printing helps in eliminating the waste in the supply chain and printing process by using inkjet printing technology. It also uses print-on-demand technology. All business organizations are focusing more on customizing the content with the help of digital printing (by using production printers). To cater to this growing demand for inkjet printing technology, the production printer manufacturers are developing high-speed production printers, incorporating new technologies.
Key Production Printer Market Trend
Research analysis on the global production printer market identifies that the rise in POD services will be one of the major factors that will have a positive impact on the market’s growth. Print-on-demand (POD) is the printing procedure, where books or copies will be printed based only on the orders received or on the demand. This will reduce the risk of inventory management, and the publisher can keep the cost of printing under control. Benefits such as minimal financial risks, no risk of inventory management, and minimal setup cost are attracting several companies in the POD market. The increasing preference towards POD will subsequently fuel the growth of the production printer market.
This production printer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Production Printer Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Agfa-Gevaert NV
- Canon Inc.
- Eastman Kodak Co.
- Heidelberger Druckmaschinen AG
- Hewlett Packard Enterprise Co.
- Konica Minolta Inc.
- KYOCERA Corp.
- Ricoh Co. Ltd.
- Sharp Corp.
- Xerox Corp.
This statistical study of the production printer market encompasses successful business strategies deployed by the key vendors. The production printer market is concentrated and the vendors are deploying growth strategies such as enhancing their product portfolio to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The production printer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Production Printer Market?
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43% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for production printer in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing investments from companies towards print media is one of the prime factors that will facilitate the production printer market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Technology Segments in the Production Printer Market?
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The production printer market share growth by the offset printing segment will be significant during the forecast period. Offset printing can handle large quantities with superior quality at a low cost. Therefore, there is an increasing demand for offset printing, which will fuel the growth of the production printer market in this segment. This printing is used only to print smaller volumes that are specific to individual consumer requirements. The growth of the market segment is expected to be significant during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the production printer market size and actionable market insights on post COVID-19 impact on each segment.
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Production Printer Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
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Market growth 2021-2025 |
$ 690.03 million |
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Market structure |
Concentrated |
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YoY growth (%) |
2.01 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Agfa-Gevaert NV, Canon Inc., Eastman Kodak Co., Heidelberger Druckmaschinen AG, Hewlett Packard Enterprise Co., Konica Minolta Inc., KYOCERA Corp., Ricoh Co. Ltd., Sharp Corp., and Xerox Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Production Printer Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive production printer market growth during the next five years
- Precise estimation of the production printer market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the production printer industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of production printer market vendors
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