The Worldwide Production Printer Market: 2019 to 2023 - Increasing Demand for Customized/Personalized Solutions

3/26/2019, 3:36 PM (Source: GlobeNewswire)

Dublin, March 26, 2019 (GLOBE NEWSWIRE) -- The "Production Printer Market (2013-2023)" report has been added to's offering

The production printer market is predicted to reach $6.6 billion in terms of revenue generation by 2023. The domain growth will be driven by the rising demand for high-speed printing solutions in the publishing, commercial, and label and packaging industries.

On the basis of application, the production printer market is divided into publishing, commercial, label and package, transactional, and others, where others comprise flow tiles, textiles, panels, and wallpapers. Out of these, the publishing category held the largest revenue share (more than 35%) in the market in 2017, resulting from the rapid growth in the printing of novels and educational books worldwide.

On the other hand, the label and package category is anticipated to register the fastest CAGR over the forecast period. Advantages such as low cost, high quality, and fast turnaround time are expected to result in the growth of the market in the label and package category.

The e-commerce industry is witnessing significant growth globally; it is projected to reach $4.2 trillion by 2021, progressing at more than 15% CAGR during 2019-2021. Factors such as internet growth, increasing awareness among the global populace, and lowering product prices have aided the e-commerce market expansion. This, in turn, has resulted in the growth of the labeling and packaging industry, thereby leading to the production printer market prosperity.

New entrants in the e-commerce sector are majorly focusing on print-on-demand (POD) products, which are created with the sole purpose of offering customization services to the consumers. Printing companies are using e-commerce platforms to access a large number of prospective customers. Moreover, e-commerce is also helping vendors to keep track of customer activities online, further helping them analyze what is trending. Hence, the growing e-commerce industry is driving the growth of the market for production printers.

The competition among the players in the production printer market is quite intense. Product launches, product improvements, and partnerships among players are the trends observed in the market. For instance, in January 2019, Xerox Corporation enhanced its AltaLink Multifunction Printers (MFPs) to help companies automatically reset unauthorized changes, customize tasks, and monitor security settings.

Other key players in the production printer market are HP Inc., Canon Inc., Agfa-Gevaert N.V., Konica Minolta Inc., Ricoh Company Ltd., Electronics for Imaging Inc., Inca Digital Printers Limited, Eastman Kodak Company, and Miyakoshi Printing Machinery Co. Ltd.

Key Topics Covered

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Technology
1.3.2 Market Segmentation by Type
1.3.3 Market Segmentation by Application
1.3.4 Market Segmentation by Geography
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit Value Volume
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents By region By industry participant By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Technology Inkjet Toner Flexography Laser Gravure Screen Offset Others
4.1.2 By Type Monochrome Color
4.1.3 By Application Commercial Publishing Transactional Label & Package Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends Shift from offset to digital printing Print protection from fraud and duplicity Augmented Reality (AR) for interactive printing
4.3.2 Drivers Increasing demand for customized/personalized solutions Focus of commercial and industrial SMEs on expanding their businesses Growing e-commerce market Improving inkjet printer market Impact analysis of drivers on market forecast
4.3.3 Restraints High initial investment Inclination toward online reading materials Rising digital marketing solutions market Impact analysis of restraints on market forecast
4.3.4 Opportunities Rise of connected multi-function printers (MFPs) Wide format printers as a perpetual opportunity
4.4 Porter's Five Forces Analysis

Chapter 5. Global Market Size and Forecast
5.1 By Technology
5.2 By Type
5.3 By Application
5.3.1 Commercial production printer market, by Type
5.3.2 Publishing production printer market, by Type
5.3.3 Transactional production printer market, by Type
5.3.4 Label & package production printer market, by Type
5.4 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape
11.1 Market Share Analysis of Key Players
11.1.1 Analysis of Major Players by Application
11.2 Competitive Analysis of Key Players
11.3 Recent Activities of Major Players
11.4 Global Strategic Developments of Key Players
11.4.1 Mergers and Acquisitions
11.4.2 Product Launches
11.4.3 Partnerships
11.4.4 Geographical Expansion
11.4.5 Other developments

Chapter 12. Company Profiles
12.1 Canon, Inc.
12.1.1 Business Overview
12.1.2 Product and Service Offerings
12.1.3 Key Financial Summary
12.1.4 SWOT Analysis
12.2 Xerox Corporation
12.3 HP Inc.
12.4 Ricoh Company Ltd.
12.5 Konica Minolta Inc.
12.6 Agfa-Gevaert N.V.
12.7 Electronics for Imaging Inc.
12.8 Eastman Kodak Company
12.9 Inca Digital Printers Limited
12.10 Miyakoshi Printing Machinery Co. Ltd.

Chapter 13. Key Strategic Recommendations

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