According to industry researcher Smithers, inkjet print in the year 2020 is an $80.4 billion market. The report mentions that the growth will continue as high performance technology comes to market with printers and converters spending $3.9 billion on new inkjet equipment, up from $2.9 billion in 2015. The latest Smithers study forecasts growth rates for the global inkjet printing market at a CAGR of 11.4 percent by volume and 8 percent in constant value, which will see the market reaching $118.2 billion by 2025.
The research firm’s new report ‘The Future of Inkjet Printing to 2025’ reveals some exclusive insights into a fast growing and evolving marketplace, providing authoritative market forecasts and analysis to highlight growth opportunities in the industry. The report analyses key drivers and trends leading to inkjet printing growth, segmented by: Economic Advantages, Flexibility, Digital Capability of Inkjet, New Routes to Market, New Product Functionality, Retail Supply Chain Changes, Environmental Performance, Inkjet Value Chain and Profit Pool, Barriers to Adoption of Inkjet, Inkjet Markets of Industrial, Textiles, Decorative—Beyond Print and Packaging.
