The Inkjet Printing Market is expected to grow from USD 112.295 billion in 2025 to USD 155.947 billion in 2030, at a CAGR of 6.79%.
Inkjet printing is a sort of computer printing that uses droplets of ink to replicate a digital image on paper and plastic substrates. It uses a vector file rather than a physical print board and has a much cheaper initial cost. Furthermore, inkjet printing can not only print many colours at the same time, but it can also achieve colour gradation, resulting in a picture-like print tone. Inkjet printers are non-contact printers that reproduce digital images by propelling ink droplets via nozzles on paper and plastic surfaces. The inkjet method uses ionized ink that is directed to the paper by magnetic plates. Advertisement, textile, packaging, labelling, and photo printing industries all employ these printers.
The packaging sector is expanding rapidly around the world due to the high demand for convenience-based packaging from the e-commerce transport and shipment, food and beverage, personal care, domestic care, and healthcare industries. This expansion is fueling a tremendous demand for inkjet printers for packaging, which is one of the primary reasons driving the market. For instance, Domino Printing Sciences, based in the United Kingdom, will release the Cx350i, a piezo inkjet (PIJ) printer developed for printing on secondary packaging, in January 2022. The direct-to-box Cx350i is said to alleviate concerns about outer case coding while also lowering the costs and material waste involved with labelling. Domino advertised the solution as a "low-maintenance" option that allowed for the printing of GS1-compliant machine-readable codes at cheap costs. Furthermore, in November 2022, Fujifilm Integrated Inkjet Solutions offered the 12K Printbar System, a revolutionary variable data, drop-on-demand print technology for the packaging business. Fujifilm's 12K Printbar System integrates innovations such as ergonomic adjustment features and fluid control automation to provide consistent image quality over time while decreasing cost and disturbance by eliminating the need for ink conditioning additives.
Due to its ability to print directly onto a very diverse range of substrates without the need for pre-treatments, UV-curable inks play a significant role in the graphic arts and industrial print industries. When exposed to UV light, UV-curable inks rapidly dry, enabling the quickest production and finishing times while consuming far less energy than regular inkjet inks. Since the inkjet printing sector generates demand for ink, it is anticipated that the ink ecosystem would develop as well. The market will experience a large increase in the UV inkjet printing segment. For instance, The Fujifilm Samba JPC UV inkjet modules will be made available to integrators and original equipment manufacturers (OEMs) in September 2022 by Fujifilm Dimatix, a division of Fujifilm Corporation and a manufacturer of piezoelectric, drop-on-demand industrial inkjet printheads. Their partners will be able to supply print solutions that satisfy the needs of print service providers wishing to introduce digital printing to an expanding range of applications and further the potential of this technology by adding UV ink support.
North America controls the majority of the market. This is due to the existence of important regional players such as Videojet Technologies, Inc., Xerox Corporation, Inkjet Inc., and KEYENCE CORPORATION. Due to an increasing number of organizations implementing hybrid work, the United States has witnessed many product debuts. Canon, for example, announced in October 2022 a new business inkjet printer with a low total cost of ownership for hybrid work environments.
Over the forecast period, Asia Pacific is expected to be the fastest-growing regional segment. The significant prospects based on low labour and manufacturing costs make Asia-Pacific a prominent place for building up production plants and mass production of inkjet printers. Furthermore, numerous European printing enterprises rely on China for the supply of chemicals used as input materials in printing methods, such as solvents and ink ingredients.
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