The global Specialty Printing Consumables Market size is projected to touch USD 50.25 billion by 2025, as per a new report released by Million Insights. It is expected to grow at a CAGR of 4.1% over the forecast period. Rising inclination towards inkjet printers for extensive printing across various industries along with evolving trends in the packaging industry is anticipated to generate high demand in the market.
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Market Synopsis of Specialty Printing Consumables Market:
Owing to enhancing modern fashions across nations, the demand for printed textiles is rising. Modern brands like Forever 21, H&M and West Side along with traditional brands like Global Desi and Chumbak have accelerated the demand for several printed textiles to produce its wide range of clothing, thus, propelling the growth of the specialty printing consumables market.
The market growth of specialty printing consumables is fueled by the widespread application of printing in the packaging and textile industry. Accessibility of tools for printing operations like small-scale printing, hybrid printing, mini dispensing and 3D printing across various industries including packaging, automotive, printed electronics, publishing, and decorative designing has been a significant factor for the market expansion over the forecast period. For example, Hubergroup announces the launch of global compliant flexible container food packing printing toner in the year 2019. The company redesigned its previously produced MGA NATURA chain with a solo ink that matches with every criterion stated by Food and Drug Association (FDA) along with EC Regulations helped to grow the series in North America and European nations.
Specialty substrate is projected to grow with a CAGR of 4.5% from 2019 to 2025. These substrates comprised of fluorescents, metallic and vinyl which can manufacture premium prints. The demand for these products is rising due to the development of high-speed inkjet printer market. Considering these growing demands, the Canon launched inkjet printers embedded with Wi-Fi technology that make use of these specialty substrates to print colored images and high-quality prints. Such high-quality prints are expected to boost the printing market.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Specialty Printing Consumables: Market Variables, Trends & Scope
Chapter 4 Specialty Printing Consumables: Product Estimates & Trend Analysis
Chapter 5 Specialty Printing Consumables: Application Estimates & Trend Analysis
Chapter 6 Specialty Printing Consumables: End-use Estimates & Trend Analysis
Chapter 7 Specialty Printing Consumables: Industrial End-use Estimates & Trend Analysis
Chapter 8 Specialty Printing Consumables: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Specialty Printing Consumables: Manufacturers Company Profiles
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