For 2024, the net value of total industrial printers adopted across all countries is likely to be pegged at USD 15,697.8 million. According to our global printer market analysis report, the worldwide demand is poised to grow at a rate of 5.5% till 2034. The report predicts the overall market value to reach almost USD 26,814.1 million by the end of the forecast period.
Trends in the Industrial Printer Market
| Report Attribute | Details |
|---|---|
| Industrial Printer Market Share (2024) | USD 15,697.8 million |
| Market Anticipated Forecast Value (2034) | USD 26,814.1 million |
| Market Projected Growth Rate (2024 to 2034) | 5.5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to our previous reports for commercial printer market size and industry share, industrial printer sales garnered a revenue of USD 14,879.4 million in 2019. Over the succeeding five years, the sales of industrial printers were witnessed to have surged by a 4.8% growth rate per year. By the end of 2023, the overall market value for industrial printers was USD 12,324.8 million.
| Attributes | Details |
|---|---|
| Industrial Printer Market Size (2019) | USD 12,324.8 million |
| Industrial Printer Market Size (2023) | USD 14,879.4 million |
| Market (CAGR 2019 to 2023) | 4.8% |
Size and opportunities for the commercial printing market are rising with the worldwide movement toward automation after the adoption of Industry 4.0 concepts in production processes. Heavy-duty printing solutions are critical for printing barcodes, labels, and other critical data in an automated and networked production environment.
Factors to Decide on Growth Outlook for the Industrial Printer in the Global Market
Demand for accurate and quick labeling and large-scale printing solutions has surged due to the growing e-commerce industry and subsequent logistical operations. Industrial-grade printing technology has become critical for the production of shipping labels, tracking data, and other documents needed to keep supply chains running smoothly.
Printing of variable data such as batch numbers, expiration dates, and unique identification codes is now frequently needed for product labeling in almost all manufacturing sectors. Particularly for electronics, food & beverage, and pharmaceutical industries, multifunction industrial printers have become inevitable for accurate and efficient printing.
The table below provides an overview of the expected growth rates in some top industrial printer manufacturing countries located in different geographical regions. The development of commercial printing equipment has aided manufacturers' ability to readily integrate branding components and update information according to region specifics.
| Regional Market Comparison | CAGR (2024 to 2034) |
|---|---|
| United States | 3.2% |
| Germany | 4.8% |
| China | 7% |
| India | 7.9% |
Many leading global industrial-scale print technology players are located in the United States and are expected to drive the regional market at 3.2% CAGR through 2034.
The need for better adaptation and durability of printed labels is driving the country's market to develop advanced printing technology for commercial uses. They can produce prints resistant to abrasion, chemicals, and extreme conditions and are ideal for operating in harsh industrial environments.
Germany is the leading manufacturer and supplier of heavy-duty print equipment in Europe and could advance at 4.8% CAGR over the forecast years.
To adhere to European industry norms and regulations, many industries, including healthcare, automotive, and aerospace, have adopted strict labeling and marking requirements. So, the demand for robust printers for industrial use is now required more in Germany to guarantee correct labeling and tracing items throughout their lifespan.
The manufacturing capacity of industrial printers in China has increased manifold in the last few years and is expected to progress at 7% CAGR through 2034.
China has recognized the role of commercial printing systems in enhancing production processes and popularizing its end-use products in the global market. So, besides having enough demand for exports, the regional demand for robust industrial printers is set to advance the China market at a faster pace.
Over the next ten years, the demand for industrial-scale print technology in India is poised to rise at an impressive 7.9% per year.
Industrial printer manufacturers in India are hopeful after the surging demand for different printing technologies, including inkjet, direct thermal, and thermal transfer. To cater to the vast regional market, they are focused on the development of high-volume printing machines that can also provide higher print quality, quicker print times, and longer-lasting printed goods.
Principal Consultant
The industrial inkjet printer market size could account for nearly 43.4% of the parent market's revenue from all printer sales in 2024.
| Attributes | Details |
|---|---|
| Top Printer Type | Inkjet Printer |
| Market Share in 2024 | 43.4% |
The industrial inkjet printer market outlook seems promising through 2034 with the growing industrialization of low-income group countries in Asia and Africa. The reliability of inkjet printers for high print speeds and high print quantities allows manufacturers to optimize processes, minimize downtime, and fulfill production schedules.
Among the different types of sectors for the application of industrial printers, automotive manufacturing is expected to hold almost 30.4% of the market share in 2024.
| Attributes | Details |
|---|---|
| Top End Use Type | Automotive Industry |
| Market Share in 2024 | 30.4% |
To keep up with changing industrial norms, automobile companies and automotive part manufacturers are implementing smart labeling and packaging solutions. A notable rise in automobile market sales and aftermarket sales is anticipated to strengthen this segment further during the forecast years.
The overall industrial printer market is gradually becoming competitive with the emergence of new market players in emerging economies. However, the competitive landscape for industrial printers has been transformed by the recent development of new technologies like RFID. Product tags are now printed more using radio-frequency identification or RFID printers, which improves inventory control and traceability.
Some new players are now integrating manufacturing execution systems (MES) or enterprise resource planning (ERP) with their industrial printers to gain a competitive edge. Connectivity with MES and ERP Systems streamlines data transmission to guarantee correct and up-to-date information on printed labels, ultimately further automating printing procedures.
Recent Developments in the Global Industrial Printer Market
In March 2023, Toshiba unveiled the first-of-its-kind industrial printer that prints packing lists and shipping labels on one dual-sided liner-less label concurrently. By doing away with the plastic bags and extra packaging slips and not generating any waste from label liners, this innovation can help businesses to operate more sustainably. With a substantial 3,000-label roll capacity and a 24-label per-minute delivery speed, it further boosts efficiency by decreasing downtime with fewer label roll changes. Furthermore, it offers a better user experience with a near-edge print-head design, a colorful and simple-to-use 10.1-inch LCD touchscreen control panel, and 203 dots per inch resolution.
In July 2022, Printronix, the top manufacturer of ruggedized industrial printing solutions, announced the introduction of two Printronix Industrial grade laser printers for the United States market. LP654C could be the world's smallest industrial-grade Letter/A4 color printer and is equipped to produce full-color documents quickly and with excellent quality. It can also handle media weights up to 256gsm and lengths up to 52"/1.32m with a print rate of 35 pages per minute. Meanwhile, the LP844C is a new tabloid/A3 color printer that can print up to 36 pages per minute and is claimed to have the lowest footprint.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Attribute | Details |
|---|---|
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD million or billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
| Key Segments Covered | By Product Type, By End Use, and By Region |
| Key Companies Profiled | Quad or Graphics Inc.; ACME Printing; LSC Communications US LLC; Cenveo Corporation; Transcontinental Inc.; Dai Nippon Printing Co. Ltd.; RR Donnelley and Sons; Bertelsmann S.E. and Co. KGaA; Toppan Co. Ltd.; Vistaprint NV; Ennis Inc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global industrial printer market is likely to grow at 5.5% per year through 2034.
The global industrial printer market could be valued at USD 26,814.1 million by 2034.
The global industrial printer market was valued at USD 14,879.4 million in 2023.
The United States accounts for nearly one-fourth of the revenue share of the global market.
India is predicted to witness a CAGR of 7.9% in sales of industrial printers through 2034.
1. Executive Summary
2. Market Overview
3. Market Background
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
5.1. Offset Lithography
5.2. Inkjet
5.3. Flexographic
5.4. Screen
5.5. Gravure
5.6. Other Types
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Applications
6.1. Packaging
6.2. Advertising
6.3. Publishing
6.4. Other Applications
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. North America
7.2. Latin America
7.3. Western Europe
7.4. Eastern Europe
7.5. South Asia and Pacific
7.6. East Asia
7.7. Middle East and Africa
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15. Key Countries Market Analysis
16. Market Structure Analysis
17. Competition Analysis
17.1. Quad/Graphics Inc.
17.2. ACME Printing
17.3. LSC Communications US LLC
17.4. Cenveo Corporation
17.5. Transcontinental Inc.
17.6. Dai Nippon Printing Co. Ltd
17.7. RR Donnelley and Sons
17.8. Bertelsmann S.E. and Co. KGaA
17.9. Toppan Co. Ltd
17.10. Vistaprint NV
17.11. Ennis Inc.
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Packaging Insights
View Reports
Industrial Printer Market
