PUBLISHER: KBV Research | PRODUCT CODE: 1403633
PUBLISHER: KBV Research | PRODUCT CODE: 1403633
The Latin America, Middle East and Africa Large Format Printer Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 454.7 thousand units, showcasing a growth of 8.7% (2023-2030).
Large format printer refers to print materials too large to be printed on the most readily general sizes of commercial printing presses. Large format printing requires specialty production equipment that can accommodate bigger-than-normal print dimensions. It is most designed as a flat wall hanging; however, it can also be made to fold or, in some cases, be free-standing. Like an inkjet printer, it sprays ink onto the chosen materials to quickly produce quality prints with impeccable detail and accuracy. They are used for various applications, including banners, posters, trade show graphics, wallpapers, and vehicle images.
Furthermore, the rise in popularity of dye-sublimation printing in event photography & photo booths pushes the market growth. Dye sublimation inks are widely accepted and expected for high-quality, brightly colored images and vivid designs. Sublimation printing requires special sublimation inks, which are made from dye particles. These inks are grounded and then suspended in a liquid that carries them without dissolving. Dye sublimation ink is designed to deliver greater performance on different print heads. These sublimation inks are made from high-purity, low-energy dispersed dyes. Thus, they offer excellent printhead performance and extended nozzle life.
According to the International Trade Administration, in 2023 the UAE has a sizable transportation and road infrastructure projects pipeline, including the $11 billion Etihad rail project, the $5.9 billion proposed hyperloop project between Dubai and Abu Dhabi, the $2.7 billion Sheikh Zayed double-deck road project, and more. They are essential for printing detailed engineering and architectural drawings related to road construction projects. The demand for clear and visually impactful signage increases with the expansion of road networks, leading to a higher demand for large format prints. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Large Format Printer Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $271.5 million by 2030. The Argentina market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).
Based on Technology, the market is segmented into Ink-based, and Toner-based. Based on Offering, the market is segmented into Printer, Software, and After-sales Services. Based on Print Width, the market is segmented into 24" to 36", 36" to 44", 44" to 60", 17" to 24", 60" to 72", and 72" & above. Based on Application, the market is segmented into Signage & Advertising, Apparel & Textile, Decor, and CAD & Technical Printing. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HP, Inc., Canon, Inc., Seiko Epson Corporation, Brother Industries, Ltd., Mimaki Engineering Co., Ltd., Xerox Corporation, Konica Minolta, Inc., Agfa-Gevaert Group, Roland DG Corporation (Roland DGA Corporation) and Ricoh Company, Ltd.
Market Segments covered in the Report:
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Offering (Volume, Thousand Units, USD Billion, 2019-2030)
By Print Width (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings from KBV Research