U.S. Specialty Printing Consumables Market to Reach US$35.75 bn by 2024, Demand for Digital Printing to Rise Rapidly

According to a new market report published by Transparency Market Research entitled, “Specialty Printing Consumables Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024,” the U.S. specialty printing consumables market was worth US$24.09 bn in 2015 and is expected to reach US$35.75 bn by 2024, expanding at a CAGR of 4.4% from 2016 to 2024. Growth and expansion of the IT and industrial sectors in the U.S. is expected to fuel in the demand for specialty printing consumables required for the purpose of business communication activities.

The most common form of printing consumables used in offices and for commercial purpose are toners, inks, specialty substrates, and chemicals. The most significant factors boosting the growth of the U.S. specialty printing consumables market are rapidly increasing adoption in domestic and industrial markets, the growth of the packaging industry, and increased use of 3D printers.

On the basis of printing process, the U.S. specialty printing consumables market is segmented into lithographic printing, flexographic printing, rotogravure printing, and digital printing. In 2015, the lithographic printing segment was the largest, and accounted for around 51% of the revenue of the overall specialty printing consumables market. However, the digital printing segment is expected to expand at the highest CAGR in terms of revenue during the forecast period from 2016 to 2024. Digital printing has gained high attention in the printing market as it is cost effective due to the absence of printing plates. Since it is a low-volume production technique, every print could be customized based on the user demand.

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Based on the product, the U.S. specialty printing consumables market is segmented into toner, ink, specialty substrate, and chemicals. In 2015, the toner segment was the largest, and accounted for around 48% of the revenue of the overall specialty printing consumables market. The increasing installed laser printer capacity is a primary factor for the development of this segment. Since toner is an essential component of a laser printer, the toner market is highly influenced by the sale of laser printers.

In terms of application, the U.S. specialty printing consumables market is segmented into office and professional application, commercial printing and publishing application, and other applications. In 2015, the office and professional application segment held the larger revenue share of around 54%. Moreover, it is also expected to expand at the highest CAGR in terms of revenue during the forecast period from 2016 to 2024.

Some of the Major Players in the U.S. specialty printing consumables market are DIC Corporation, Canon Inc., Xerox Corporation, Hewlett-Packard Development Company, L.P., Eastman Kodak Co., Lexmark International Inc., Flint Ink Inc., and Nazdar Ink Technologies.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Packaging Printing Market - Global Industry Analysis, Growth, Trends, Forecast 2023

The packaging industry printing provides the quality, efficiency, and innovation that the packaging industry demands. Various types of inks and different types of technologies are used in printing packaging. Flexographic, rotogravure, offset, and digital are the popular kinds of technologies used for printing in the Packaging Printing Market. Flexographic is a form of relief printing where ink is applied to a plate on which the printing image is raised above the surface. Another popular printing technology, rotogravure, is an intaglio process in which a negative image is etched into the surface of the printing cylinder. The digital printing technique is the fastest growing technique in the global packaging printing market currently. Packaging printing is used in different packaging processes, such as flexible packaging, paper and paperboard, rigid plastic, glass, metal, and others. The food & beverages industry, cosmetics and toiletries, healthcare, and other industries

(such as adhesives & sealants) are the end use industries of the packaging printing market. The global printing packaging industry has witnessed a rapid growth and is expected to expand at a moderate growth rate over the forecast period. The Asia Pacific packaging printing market is currently the most dominating packaging market, driven by the rising consumer spending and increasing demand for sustainable products in the region. The Asia Pacific market is projected to expand at the highest CAGR over the forecast period. Europe and North America are the most mature markets for packaging printing currently.

The packaging printing market is projected to grow in parallel with the packaging industry. The packaging industry is driven by the increasing trend of nuclear households, new packaging material development, increasing requirement for convenience among consumers, and ageing of population. Factors such as rising per capita income and increasing demand for innovative packaging printing are expected to propel growth of the packaging printing market in the coming years. Economic development adding new consumers in various countries is playing a crucial role in driving growth of the global packaging printing market.

The packaging printing market is segmented on the basis of technology, application, type of inks and, type of packaging. On the basis of printing technology, the global packaging printing market is classified into flexographic, rotogravure, offset, and digital. The market is segmented on the basis of the type of ink into water based, solvent based, and UV curable ink. On the basis of application, the packaging printing market is segmented into food & beverage industry, cosmetics and toiletries, healthcare, and other industries such as adhesives & sealants. The food & beverages segment accounts for the largest share of the printing packaging market, by application. The market is further segmented on the basis of packaging type into flexible packaging, rigid packaging, paper and paperboard packaging, glass, metal, and others.

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Based on geography, the packaging printing market is segmented into seven regions, including North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. The global packaging printing market is expected to expand at a moderate single digit CAGR. Market in Europe and North America is saturated in view of the highest disposable income in these regions. Currently, the Asia Pacific packaging printing market is the most dominating market, accounting for the largest share of the global packaging printing market, followed by North America. The Asia Pacific packaging printing market is projected to expand at the highest CAGR over the forecast period.

E. I. du Pont de Nemours and Company and Paramount packaging Ltd. are among the key players in the global packaging printing market currently.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

Packaging Tape Printing Market - Industry Analysis, Growth, Trends, Forecast 2024

Printing on packaging tapes is used to advertise or promote company’s name on the packaging tape. These type of tapes highlight company’s logo and name and enables ease of identification and stock handling. These also makes the merchandise or product aesthetically appealing and, thus, results into easy and instant recognition of the packaged product. These tapes possess high marketing potential, ensure product distinction, enable easy product differentiation, and make the packaged product easily recognizable. Water based ink used in the packaging of products accounts for the highest revenue share of the Packaging Tape Printing Market currently.

Packaging Tape Printing Market : Segmentation

The packaging tape printing market is segmented on the basis of product type, material, mechanism, printing ink, end-use industry, and geography. On the basis of product type, the global packaging tape printing market is segmented into hot melt carton sealing type, acrylic carton sealing type, and natural rubber carton sealing type. Considering material, the global packaging tape printing market is segmented into polypropylene, polyvinyl chloride, and others (polyethylene, polyamide, and others). On account of mechanism, the global packaging tape printing market is segmented into flexography, digital printing, screen printing, gravure, lithography, and others (letterpress, offset). On the basis of printing ink, the global packaging tape printing market is segmented into water-based ink, UV-curable ink, and solvent-based ink. On the basis of end-use industry, the global packaging tape printing market is segmented into food and beverages, consumer durables, transportation and logistics, and others (construction, healthcare, cosmetics, toiletries, and others). On the basis of geography, the global packaging tape printing market is segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific excluding Japan, and Japan.

Packaging Tape Printing Market : Drivers and Restraints

Rise in adoption of printing technology on packaging tapes by brand owners is a major factor driving growth of the global packaging tape printing market currently. Moreover, growing demand for innovative printing styles to print packaging tapes and rising demand for aesthetic apparel are key factors fuelling growth of the global packaging tape printing market currently. Besides, growth in the packaging printing industry, rising demand for product differentiation, and technological advancements are also some of the major factors driving the market growth further. Rising printing costs, easy contamination, and evaporation of ink are among the major restraining factors for growth of the global packaging tape printing market.

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Packaging Tape Printing Market : Region-Wise Outlook

The Asia-Pacific market is expected to witness the highest growth in the global packaging tape printing market in the coming years. In the Asia-Pacific region, China and India are expected to witness the highest market growth. The Middle East and Africa market is expected to witness the second highest growth in the global packaging tape printing market, with Turkey being the major growth contributor to the market in the region.

Packaging Tape Printing Market : Key Players

Globally, the major players involved in the manufacture of printed packaging tape are Hewlett-Packard Development Company, L.P., E.I. du Pont de Nemours and Company, SIAT S.p.A, and Quad/Graphics, Xerox Corporation, among others

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Electrophotographic Printing Market - Industry Analysis, Growth, Trends, Forecast 2023

Electrophotographic printing technology enables printing images on an imaging substrate which includes paper, glass, fabric, metal or any other object. The technology ensures quality print at a very high speed in comparison to other types of printers currently in use. Electrophotography or electrophotographic printing is a popularly used in commercial application, owing to its cost economy, ability to print on a large scale, and high-speed functionality. The commercial use of the technique accounts for the majority share of the total electrophotography printing market. Electrophotography is a complex digital printing technology, consisting of two materials and seven process steps.

Electrophotography is the oldest of all the non-impact printing technologies. Electrophotographic printing is also known as ‘’xerography and/or laser’’ printing. The major advantage associated with the electrophotography printing is its large speed range spanning from 4 PPM to 1,000 PPM. Digital printing processes are undergoing major changes, such as improvements in productivity and reliability, which are making it more cost effective. The output of electrophotographic printing is expected to grow in the coming years, and the growth is likely to be value-driven.

The increasing use of electrophotographic printing in the packaging industry is one of the key drivers expected to drive growth of the electrophotographic printing market over the forecast period. The digital print packaging market has benefited the manufacturers of consumer goods through: improved workflow, facilitating the rise in innovative marketing practices, enabling the foray of products into the market at a faster rate, and expediting technological advancements. The brand owners and manufacturers seek innovative packaging and graphics to gain a competitive edge and enhance the shelf appeal of their products. Thus, the rising need from the packaging industry is expected to contribute toward the growth of the global electrophotography printing market in the coming years. The other major driver for the rising demand for the electrophotographic printing technique is the increasing investment in marketing activities by majority of the business customers and companies. In addition, the growth witnessed in the food, healthcare, and retail industries is expected to further fuel growth of the global electrophotographic printing market in the coming years.

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The color electrophotographic printing market is expected to be the most dominant market segment in the global electrophotographic printing market in the near future. Marketers that are increasingly focused towards improving the packaging standards of their products are further fuelling the market growth. The color photographic printers not only have a strong presence in the current market, but are also expected to continue to witness growth in the coming years as well.

One of the major challenges for the global electrophotographic printing market is that the electrophotography is environmentally hazardous, as the printers use a harmful substance called ‘selenium.’ In addition, increasing availability and application of inkjet technology as its substitute is also acting as one of the major restraints for growth of the global electrophotographic printing market.

The global electrophotographic printing market is segmented based on application, type, and geography. By application, the global electrophotographic printing market is segmented into labels and packaging, commercial/other printing, security, office stationery, advertising, directories, catalogues, newspapers, magazines, books, and others. By type, the global electrophotographic printing market is categorized into monochrome and color.

By geography, the global electrophotographic printing market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. North America being one of the most innovative and mature markets in terms of printing, accounts for major share of the global electrophotographic printing market currently. In APAC, Japan remains the largest electrophotographic printing market. Besides, APAC is expected to expand at the fastest growth rate in the coming years, owing to the rising disposable income and increasing sales of computers and printers in the region.

Some of the Key Players in the global electrophotographic printing market are: AB Graphic International Ltd., - Landa, HP, Xeikon, Anglia Labels, Cenveo Labels and Packaging Group, Associated Labels, Consolidated Labels, Kodak, Canon, Konica, Fuji Xerox Co., Ltd., etc.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Industry Analysis and Forecasting The Demand of Printing and Writing Papers Market

Printing and writing papers are used for newspapers, books, magazines, stationeries, commercial printing and digital printing among others. On the basis of product type, the Printing And Writing Papers Market is divided into coated mechanical, uncoated mechanical, coated free-sheet and uncoated free-sheet. Among the product segment, only uncoated mechanical has shown growth and is anticipated to follow similar trend over forecast period.

The market for printing and writing papers was mainly driven by increasing demand from tissue and packaging products. The demand has increased owing to growing demand from containerboards. In addition, printing and writing papers are also used in digital printing, commercial printing, office reprographics, magazines, catalogs and stationeries. Commercial printing is the leading application for printing and writing papers. Various types of new packaging techniques in emerging markets are likely to be a major opportunity for the printing and writing papers market. However, environmental regulations associated with paper and pulp industry is likely to be the major restraint for the market.

In terms of demand, Asia Pacific is the fastest emerging region for printing and writing papers market. The demand is huge due to lower consumption of paper compared with other regions. In addition, national governments in the countries of China, India, and other Asian countries are taking initiatives to facilitate literacy rate. The demand from North America, South America and European countries market is declining due to stagnation of the market and is likely to exhibit lower growth in near future. The Rest of the World is likely to offer new opportunities for the printing and writing papers market owing to increased demand from packaging applications.

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Some of the key manufacturers in the printing and writing papers market are Changsu Mill, Domtar Corporation, International Paper Company, ITC Ltd., Suzano Papel e Celulose S.A, UPM-Kymmene Oyj and Weyerhaeuser Company among others.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.