PUBLISHER: Verified Market Research | PRODUCT CODE: 1630144
PUBLISHER: Verified Market Research | PRODUCT CODE: 1630144
Wide Format Printers Market size was valued at USD 17954.29 Million in 2024, and is estimated to reach USD 28171.63 Million by 2031, registering a CAGR of 6.39% from 2024 to 2031.
The rising applications of such printers in advertising, packaging, and textile industries have boosted the wide format printer market. The Global Wide Format Printers Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Wide Format Printers Market Definition
Wide-format printers are popularly employed since the 1990s to print banners, posters, backdrops for theaters, construction designs, and various other large-format artworks. They support maximum paper roll width ranging between 18" to 100". The majority of the wide format printers are based on inkjet printing technology. Wide-format printers utilize aqueous, solvent, dye sublimation, UV, and pen/plotters technologies to transfer ink. Advances in technology across various components of wide format printers such as ink and ink-level monitoring software have enhanced their efficiency and productivity.
Today, wide format printers are capable of more than creating outdoor signs, construction drawings, and blueprints. Some state-of-the-art wide-format printers can print on almost anything, as long as the media fits within the dimensions of the printer hardware itself, and therefore such printers are used in sectors such as advertising, textile, and vehicle wraps.
Global Wide Format Printers Market Overview
The growth of the wide format printer market is largely dependent on the advertising industry. Wide-format signs and graphics are used as potential tools to direct consumers, capture attention, and generate excitement at the point of sale. The rising applications of such printers in advertising, packaging, and textile industries have boosted the wide format printer market. Furthermore, numerous wide format printer providers have expanded their offerings to penetrate new and emerging market segments like vehicle wrap, home furnishing, and decor applications, therefore providing a promising future for the wide format printer market over the forecast period. However, with the growing popularity of digital advertising media and digital signage the printing market is gradually losing its market share, therefore affecting the growth of a wide format printer market.
The Global Wide Format Printers Market is segmented based on Product, Application, and geography.
Based on Product, the market is bifurcated into Inkjet Printers and Laser Printers. Inkjet Printers accounted for the largest market share in 2018 and is projected to grow at a CAGR of 4.54% during the forecast period. Inkjet printers have applications in commercial as well as industrial settings. These printers are the basic type of printers that work on technology which enables the fine spreading of droplets of ionized ink on the paper sheet.
The "Global Wide Format Printers Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as HP Inc., Canon Inc., Epson, FujiXerox, Agfa-Gevaert, Konica Minolta, and Others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.