In 2023, the sales of inkjet printers in Western Europe amount to a total of USD 11.1 billion. Western Europe's demand for inkjet printers is predicted to develop at an average CAGR of 4.4% through 2033. The net valuation of the inkjet printer industry is expected to reach USD 15.7 billion by 2033.
Attributes | Details |
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Industry size of Western Europe in 2023 | USD 11.1 billion |
Expected Industry Size of Western Europe in 2033 | USD 15.7 billion |
Forecasted CAGR between 2023 to 2033 | 4.4% |
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The continuous inkjet technology segment is expected to have a share of around 51.7% of the global demand for inkjet printers in Western Europe. This segment could develop further as it is used more often to code and brand items in manufacturing facilities in the industrial countries of Europe. These printers have a long operational life and require less maintenance, making them a sustainable choice for Western European consumers.
Adoption of Inkjet Printers in Western Europe based on Technology Type | Continuous Inkjet |
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Market Share (2023) | 51.7% |
The print resolution, color accuracy, and general performance of continuous inkjet printing have all increased as a consequence of continual technological improvements in recent years. This has increased its allure to companies looking for superior print quality. Continuous inkjet systems' continued cost-effectiveness also significantly contributes to their supremacy throughout time. Despite having a greater initial investment than some other technologies, they are a wise long-term investment because of their cheaper per-page printing costs and lower maintenance needs.
The use of paper substrates in inkjet printers has formed the leading segment in Western Europe. In the current year, sales of inkjet printers that use paper as a substrate are estimated to generate a revenue of around USD 7.8 billion. This enduring preference for paper can be attributed to its versatility, cost-effectiveness, and eco-friendly nature. Businesses and individuals alike continue to rely on paper for a wide array of applications, ranging from documents and photographs to marketing materials.
Adoption of Inkjet Printers in Western Europe based on Substrate Type | Paper |
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Market Share (2023) | 70.4% |
The use of plastic and textiles as substrates for inkjet printers, however, has been rising constantly in the last few years. Plastic substrates offer durability and unique texture options, while textiles open up new avenues for creative expression. This growing interest in alternative substrates underscores an industry-wide drive for experimentation and customization, potentially paving the way for exciting developments in the field of inkjet printing.
Key Countries | CAGR (2023 to 2033) |
---|---|
Germany | 3.2% |
France | 3.7% |
United Kingdom | 4.3% |
Italy | 2.7% |
Netherlands | 3% |
The sales of inkjet printers in Germany are anticipated to expand quickly in the coming decade with the rising production of foils and films used in package printing. This rise is also anticipated to be fueled by the growing use of inkjet printers in the textile industry for clothing line design.
Manufacturers in Germany have started producing digital textile printers that can handle wide substrates as the demand for printed textiles is rising. Although conventional printing techniques have long dominated this industry, businesses like EBS Inkjet Systeme, Marabu, and Inkdustry now offer large-scale digital textile printers.
The demand in Italy is expected to grow due to the urgent need to increase consumer awareness of the value and freshness of edible products. In 2019, the Vignola Cherry Consortium partnered with the Ghelfi Ondulati Company to establish a direct connection with clients in Italy.
The considerable prospects, driven by low manufacturing costs, have made Italy a popular location for establishing manufacturing facilities for inkjet printer production. Additionally, the production of inkjet printers has seen a significant surge due to the entry of several manufacturers of smart gadgets into the country.
Due to the enormous demand for convenience-based packaging in e-commerce shipping and delivery, inkjet printer sales have surged in France. Over the next ten years, the demand for inkjet printers is poised to exhibit an annual average growth rate of 3.7%.
In Western Europe, France likewise dominates the custom clothing printing industry, including custom graphic t-shirt printing. The country is anticipated to experience significant growth in the upcoming years due to rising demand for big-format inkjet printers.
The United Kingdom inkjet printer industry has grown steadily over the years, primarily due to an increase in home-based and remote employment. As a result of an increase in drug shops, the United Kingdom currently holds lucrative opportunities for the sales of inkjet printers in the retail sector. Throughout the projection period, it is anticipated to develop at the quickest rate among all countries studied in Western Europe.
Leading companies have consistently introduced models featuring enhanced connectivity options, mobile printing capabilities, and cloud-based services. The market's first A4 inkjet printer with an integrated guillotine for A5 printing was introduced by Brother UK in January 2023. Brother UK, a business technology solutions provider, has introduced a brand-new A4 inkjet printer for homes and small companies with an integrated guillotine for straightforward A5 printing.
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Fierce competition is evolving among inkjet printer companies operating in Western Europe. With the presence of several leading firms in the Western side of Europe, the inkjet printer industry has become increasingly fragmented in recent years.
Many inkjet manufacturers are now employing various development and expansion techniques to gain a competitive edge. Additionally, supply-chain alliances are another strategy followed by businesses to broaden the consumer base for inkjet printers in Western Europe.
Recent Developments Observed in Inkjet Printers in Western Europe
Attribute | Details |
---|---|
Estimated Industry Size in 2023 | USD 11.1 billion |
Projected Industry Size in 2033 | USD 15.7 billion |
Anticipated CAGR between 2023 to 2033 | 4.4% CAGR |
Historical Analysis of Demand for Inkjet Printers in Western European Countries | 2018 to 2022 |
Demand Forecast for Inkjet Printers in Western European Countries | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing inkjet printer in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Western Europe Providers |
Key Countries Analyzed while Studying Opportunities in Inkjet Printers in Western European Countries | Germany, France, Spain, Italy, BENELUX, Nordic Countries, United Kingdom |
Key Companies Profiled | REA JET; EBS Ink Jet Systeme GmbH; Marabu GmbH & Co. KG; Inkdustry GmbH; i-Mark; Industrial Inkjet; Printer Spares UK; KYOCERA NIXKA Inkjet Systems S.A.S.; MARKEM-IMAJE; Videojet Technologies; Konica Minolta IJ; RIMA-SYSTEM; Sisma Spa; Xaar Inc.; Mimaki Europe BV; SCREEN Europe; Rollenco B.V. |
The anticipated CAGR for inkjet printer sales outlook in Western Europe is 4.4% through 2033.
Demand for inkjet printer in Western Europe is likely to be USD 15.7 billion by 2033.
Inkjet printer providers in Western Europe are aiming for the growth of the commercial sector to boost sales.
Continuous inkjet printer are the preferred technology type in Western Europe due to their versatility and ease of use.
Inkjet printer that use paper as substrate currently constitute the leading segment.
Estimated Size, 2025 | USD 7.8 billion |
Projected Size, 2035 | USD 12.1 billion |
Value-based CAGR (2025 to 2035) | 4.5% |
Market Estimated Size (2023E) | USD 1.8 billion |
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Projected Market Valuation (2033F) | USD 3.9 billion |
Value-based CAGR (2023 to 2033) | 7.7% |
Market Estimated Size (2023E) | USD 338.4 million |
---|---|
Projected Market Valuation (2033F) | USD 632.8 million |
Value-based CAGR (2023 to 2033) | - 6.1% |
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