The solvent ink is cheaper than UV-curable and water-based inks this ink enables printing on various surfaces, including corrugated boards, papers, flexible packaging materials, metal foils, and plastic materials. In 2019, the solvent ink-based large format printer accounted for the largest share of the market by ink type. “The market for solvent ink-based large format printers accounted for the largest share in 2019.”
They offer an output with great details and high quality. These printers are mostly used in large-scale commercial applications, such as banners, large vehicle graphics, and advertisements. Printers in this category are known as grand format printers. The market for large format printers with a print width ranging from 60” to 70” is expected to grow at the highest CAGR during the forecast period. “The market for large format printers with a print width ranging from 60” to 70” is projected to grow at a high CAGR during the forecast period.” The reason behind the decreasing demand for the toner-based printer is the replacement of these printers with inkjet printers due to their benefits such as low cost and low maintenance. Inkjet printer manufacturers have started providing faster inkjet printers with reduced running costs for large format printing, which has led to the widespread adoption of inkjet printers in this industry. Ink-based (inkjet) printers are projected to grow at a high CAGR during the forecast period. “Based on printing technology, Ink-based (inkjet) printers is projected to grow at a high CAGR during the forecast period.” Large format printers are used for various applications, including printing banners, posters, trade show graphics, wallpapers, vehicle image wraps, architectural drawings, construction plans, and backdrops for theatrical and media sets. These printers are widely used for applications such as printing banners, posters, trade show graphics, wallpapers, vehicle image wraps, architectural drawings, large artworks, signage, and backdrops for theatrical and media sets. Large format printers support a print roll width between 18″ and 100″. Printers held the largest share of the large format printer market in 2019.
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The increasing demand for large format printers for home furnishing & decor and vehicle wrap applications, the rising requirement for large format printing from the in-plant market, as well as the availability of varieties of large format printers with a varied price range, are creating tremendous growth opportunities for the players in the large format printer market.īrowse 65 market data Tables and 73 Figures spread through 165 Pages and in-depth TOC on “Large Format Printer Market by Offering (Printers, RIP software, Services), Ink Type (Aqueous, Solvent, UV Curable, Latex, Dye Sublimation), Printing Technology, Printing Material, Print Width, Application, and Geography – Global Forecast to 2025”ĭownloadf PDF Brochure large format printer market for printer accounted for the largest share in 2019.” Key factors fueling the growth of this market include increasing demand for large format printing in the textiles, advertising, and packaging industries rising adoption of UV curable inks in outdoor advertising, CAD, and technical printing applications and the growing importance of digital document production in commercial printing applications. According to the research report, “ Large Format Printer Market by Offering (Printers, RIP software, Services), Ink Type (Aqueous, Solvent, UV Curable, Latex, Dye Sublimation), Printing Technology, Printing Material, Print Width, Application, and Geography – Global Forecast to 2025″, is projected to grow from USD 9.3 billion in 2020 to USD 11.2 billion by 2025 it is expected to grow at a CAGR of 3.8% from 2020 to 2025.
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