Global Direct-to-Shape Inkjet Printers Market to Reach USD 6.6 Billion by 2030, Driven by Strong CAGR of 7.2% and Lucrative Investment Opportunities, with North America Leading the Market
Inkjet direct-to shape printers are expected to grow significantly in the coming years. It is estimated that the market will reach US$3.8billion by 2022, and US$6.6billion by 2030.
Direct-to-shape printers have seen a significant increase in sales, mainly due to the growing demand for personalized goods. These printers are able to print directly onto a variety of containers including tubes, bottles and folding cartons. They can also be used on cans and other packaging. With the help of this capability, firms may cater to consumers’ growing desire for personalised products by offering personalised designs and improving consumer interaction.
Direct-to-shape printers revolutionize the printing industry. They surpass traditional printing methods, and find applications in many sectors. These printers offer many advantages, including superior color blending and high-quality printing. They also have fast printing speeds and are compatible with multiple substrates, such as glass, metal and plastic. They also eliminate the need for expensive labels, which results in a cost reduction throughout the manufacturing process. These printers are more efficient, they reduce material expenses and increase cost effectiveness. They allow mass customization and have environmental benefits.
Market growth for direct-to shape inkjet printers has been boosted by the growing demand for customized products and intricately designed goods. In addition, the use of UV-curable inks by these printers helps to maintain print quality and prevents degradation from UV rays. These printers are expected to grow due to their ability to meet growing demands for sustainability, through the use eco-friendly Inks.
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The Key Takeaways
- The market for direct-to shape inkjet printers is expected to grow at a CAGR 9.6%.
- Bottles will represent approximately 26.6% of the market in this application category.
- Direct-to-shape inkjet printers represent 7.3% of the total inkjet printers’ market value, which is estimated at US$52.1 billion.
- North America will dominate the market in 2022 with a share estimated at 27,1%.
- In East Asia, the direct-to shape inkjet market will continue to grow with a healthy 8.8% rate through 2032.
- South Asia will show a CAGR of 9.6% during the forecast period.
- Europe’s market is expected to grow at a rate of 23,4% by 2032.
Key Players
- Xerox Corporation
- Heidelberg USA, Inc.
- Mimaki Europe B.V.
- Xaar plc
- Koenig & Bauer AG
- Tonejet Limited
Report: Direct-to Shape Inkjet Printers Market Report: Get More Insights
FMI’s latest report provides an unbiased assessment of the global market for direct-to shape inkjet printers. It includes historical data from 2017 through 2021, and forecast statistics between 2022 and 2032. In order to understand the potential of the global market, its growth and its range, it is segmented by ink type, substrate (plastic, glass or metal), application (bottles or cans), and end use. Drums, tubes, folding cartons, & others), end use (food, beverages, pharmaceuticals, cosmetics, personal & home care, chemical, & others), and region.
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For the forecasted period, bottles will dominate the market of direct-to-shape printers. Bottles are considered to be absolute barriers, preventing ink migration. They account for approximately 26,6% of the total market share. Bottles are preferred by the food and beverage industry for packaging.
Solvent-based inks are waterproof, fade resistant, and scratch-resistant. These properties contribute to the dominance of this type. It is anticipated to show a CAGR between 9.6% and 10.0% during the assessment period.
North America should lead the region market. This is due to packaging trends that are prevalent in the U.S.
The Benefits of Using a Key Benefits Direct-to-Shape Inkjet Printers Market:
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The major countries of each region are mapped based on their contribution to global/regional revenue.
- This report provides a detailed analysis of the current market trends, as well as the projected future scenarios for the years 2022- 2030. It helps to identify the investment opportunities and pockets that are available.
- In this report, the key players’ profiles and their most important strategic developments are listed.
- In the study, key drivers, constraints, and opportunities are discussed in detail, along with their impact analysis.
Promotional Personalization Drives Demand for Direct-to-Shape Inkjet Printers in the U.S., Growing Adoption in India’s Packaging Industry Boosts Market:
Direct-to-shape printers are in high demand in the U.S. due to highly successful promotional campaigns that emphasize personalization and customization. The U.S. will account for approximately 85% in North America’s total sales. Trends in packaging favor decorative substrates, as well as various shaped or curved products, such a bottles, jars and cups made of different materials, including glass, plastics, cardboard and metals.
Direct-to shape printers have seen a significant increase in demand as consumers’ preferences for eco-friendly and personalized printing practices shift. These printers enable brands to carry out cost-effective printing trials of products, to tailor production to the preferences of customers, and to enhance branding with highly effective promotional campaigns. In the U.S., the demand for direct-to shape inkjet printers is driven by the increasing use of digital printing applications. This includes the use inkjet technologies to print directly on products.
India’s packaging industry, as well as other industrial applications, is adopting direct-to-shape printers. India is a large market for packaging consumer products, thanks to its fast-growing economy and international brand investments. India’s booming FMCG, e-commerce and retail sectors are driving a need for attractive packaging in order to increase brand awareness.
On-demand production, higher quality and unique decoration techniques are becoming increasingly popular on the Indian market. In the food and beverage industry, as well as in cosmetics, personal care products, pharmaceuticals, and oral hygiene, direct-to-shape inkjet printers are highly demanded for cans and bottles. In India, demand for inkjet direct-to shape printers will grow due to the growing need for customized and visually appealing packaging.
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Direct-To-Shape Inkjet Printers Market By Category
Ink Type :
- Solvent Base
- Water Based
- UV Curing Inks
Substrate type:
- Plastic
- Glass
- Metal
- Paper
- Fabric
- Wood
By application:
- Bottles
- Cans
- Drums
- Tubes
- Folding Cartons
- Others (Bags, Trays etc.)
End use:
- Food
- Beverages
- Pharmaceutical
- Cosmetics
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It reveals opportunities for market growth by segment based on source, application, sales channel and end use over the next decade.
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