Globally the inkjet print market is currently worth $80.4 billion and is expected to reach $118.2 billion in 2025, according to the latest Smithers’ report titled ‘The Future of Inkjet Printing to 2025’. Smithers identifies some key trends and drivers leading to inkjet printing growth and 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 current inkjet ink consumptions have been nearly 124,000 tonnes, more than twice the 2015 volume.
All inkjet sectors are growing – even applications where the overall print market is falling, which is the case for much publishing and graphics. Inkjet suits the changing demands of print buyers because it can meet the changing preferences of consumers better than the analogue alternatives. The continuing technological developments, together with the greater experience of print providers, combine to make inkjet competitive against litho, flexo, gravure, screen and digital toner printing. As inkjet printer performance improves, the economic crossover moves to longer runs, making it ever more interesting for PSPs and packaging converters.
