The inkjet printers market globally is anticipated to reach up to USD 7.8 billion by the year 2025 and will reach USD 12.1 billion by the year 2035. The sales will be expanding at a CAGR of 4.5% in the forecast period from the year 2025 to the year 2035. The global inkjet printers market is valued at USD 7.5 billion in the year 2024.
Inkjet printers are used most in the consumer end use because they are affordable, easy to set up, and versatile. They meet home printing needs like photos, documents, and DIY projects.
Their compact design, cost-effectiveness, and wide availability make them the preferred choice for everyday personal use. Due to its wide demand in the residential segment, inkjet printers capture market share of almost 40% during the evaluation period.
Global Inkjet Printers Industry Forecast
Attributes | Key Insights |
---|---|
Historical Size, 2024 | USD 7.5 billion |
Estimated Size, 2025 | USD 7.8 billion |
Projected Size, 2035 | USD 12.1 billion |
Value-based CAGR (2025 to 2035) | 4.5% |
Among multiple technology types used in inkjet printers, drop on demand will dominate with a market share above 71% in the forecast period over other product types. Drop on Demand (DoD) technology is preferred over continuous inkjet (CIJ) because it offers better precision, reduced ink waste, and cost-effectiveness. It’s ideal for high-quality, customized prints in both consumer and industrial applications.
The global inkjet printers market is likely to grow in the forecast period with profitability and carry a certain level of traction. At the same time, it will produce an incremental opportunity value of USD 4.6 billion as well as increase by 1.6 times the base year value for 2035.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The below table presents the expected CAGR for the global glass container market over several semi-annual periods spanning from 2024 to 2034.
Particular | Value CAGR |
---|---|
H1 | 2.4% (2024 to 2034) |
H2 | 4.6% (2024 to 2034) |
H1 | 3.2% (2025 to 2035) |
H2 | 5.4% (2025 to 2035) |
In the first half (H1) of the decade from 2024 to 2034, the business is predicted to surge at a CAGR of 2.4%, followed by a slightly higher growth rate of 4.6% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 3.2% in the first half and remain relatively moderate at 5.4% in the second half. In the first half (H1) the market witnessed a decrease of 80 BPS while in the second half (H2), the market witnessed an increase of 80 BPS.
Need for Cost Efficient Printing for Short Runs Spurs Demand of Inkjet Printers
The capability of inkjet printers to offer cost efficient production for short runs has led to its increased demand across industries. Inkjet printers save much money because expensive setup processes do not include screening or platemaking.
Therefore, business with low volume production requires that type of setup. This feature enables businesses to provide bespoke designs, like customized clothing or short-run packaging, without the cost of conventional printing.
Due to these features, inkjet printers are utilized in markets that need flexibility, speed, and cost-effectiveness. Drop on demand technology helps to reduce holding inventory and waste costs, thus meeting the demand for just-in-time production. This low-cost strategy for small-scale production is further driving the world inkjet printers market.
Diverse Material Compatibility Fuels Inkjet Printer Demand across Diverse Industries
Modern inkjet printers can print on a wide variety of substrates, including textiles, paper, plastics, metals, and ceramics, so they are appealing across a number of industries. The scope of current inkjet technology offers companies to print on many different materials. Companies are now able to create custom, high-quality products on different substrates without requiring specialized equipment for every material.
As demand for personalized items increases in packaging, fashion, and promotional products, inkjet printers are a very efficient solution to meet these demands. Their adaptability allows businesses to reduce production costs and streamline processes, further boosting their appeal. This flexibility across materials is driving the continued growth of inkjet printers in the global market.
Technological Complexity and Maintenance of Inkjet Printers May Restrict Growth
Industrial inkjet printers are technologically complex and should be serviced regularly to maintain their performance. The presence of complex parts in these machines, including the print heads, ink delivery systems, and software integration, makes repair and troubleshooting difficult for companies.
Moreover, managing these machines involves specialized knowledge that companies need to invest in, as employees should be trained on their proper use and maintenance.
In regions where technical expertise is limited, businesses may face difficulties in operating inkjet printers at their full potential. The need for ongoing maintenance and the potential for downtime due to technical issues could slow the adoption of inkjet printers, particularly in industries or areas lacking skilled labor.
The global inkjet printers market recorded a CAGR of 3.4% during the historical period between 2020 and 2024. Market growth of inkjet printers packaging globally was positive as it reached a value of USD 7.5 billion in 2024 from USD 6.6 billion in 2020.
Steady growth in the global inkjet printer market is supported by continued innovation in printhead technology, improvement in ink formulations, and the integration of inkjet printing with digital workflows. As a result, applications across textiles, packaging, and signage have been picking up, further demanding long-term efficiencies in high-quality printing solutions.
More demand is expected for inkjet printers because of the increased need to be able to sustain operations. The company is looking into green inks and power-efficient appliances that would follow the demands of environmental regulations. As businesses start to embrace cost-efficient and minimally wasteful products, this will definitely propel the market toward the development of inkjet printers.
Tier 1 companies comprise market leaders capturing significant market share in global market. These market leaders are characterized by high production capacity and a wide product portfolio. These market leaders are distinguished by their extensive expertise in manufacturing across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of series including recycling and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality. Prominent companies within tier 1 include Videojet Technologies Inc., HP Inc., Canon Inc., and Epson Corporation among others.
Tier 2 companies include mid-size players having presence in specific regions and highly influencing the local market. These are characterized by a strong presence overseas and strong market knowledge. These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach.
Prominent companies in tier 2 include Xerox Corporation, Brother Industries Ltd., Pannier Corporation, Konica Minolta, Inc., Mimaki Engineering Co., Ltd., Agfa-Gevaert Group, Roland DG Corporation, Lexmark International, Inc., Markem-Imaje, Leibinger Group, and KGK Jet.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The section below covers the future forecast for the inkjet printers market in terms of countries. Information on key countries in several parts of the globe, including North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe and MEA is provided. USA is expected to account for a CAGR of 3.4% through 2035. In Europe, Germany is projected to witness a CAGR of 2.7% by 2035.
Countries | Value CAGR (2025 to 2035) |
---|---|
USA | 3.4% |
Germany | 2.7% |
China | 5.8% |
UK | 2.2% |
Spain | 2.6% |
India | 6.9% |
Canada | 3.0% |
Advanced digital printing technologies, including inkjet printers, are finding huge demand in Canada. This trend has been fueled by growth in the packaging, textiles, and signage industries as more and more sectors rely on digital solutions to cater to the increased requirement for high-quality, customized prints in smaller quantities. Inkjet technology, in such demand, is ideal, providing versatility for printing on material and producing detail designs as quickly as possible.
In packaging, the trend of personalizing the product and the on-demand printing further drives growth for the use of inkjet technology. Meanwhile, digital printing for fashion and home textiles remains a potent driver in textile manufacturing with highly efficient and environmentally friendly inkjet solutions. These are some of the future developments for industrial printing in Canada.
The vast growth of advertising and signage businesses in the USA is a major driving factor for inkjet printer demand. Inkjet printing technology is increasingly being used for creating attractive, high-quality advertising materials, as businesses strive to produce bright, customized prints.
Inkjet printers are best for large-format signage, banners, and promotion displays with ultimate color accuracy and detail. This makes inkjet printers a flexible choice for advertisers who can print on various substrates like vinyl, fabric, and paper.
With an increasing demand for personalized and on-demand advertising, inkjet printing offers fast turnaround times, cost efficiency, and the ability to meet diverse design requirements, thus a leading player in the USA advertising and signage market.
The section contains information about the leading segments in the industry. In terms of printer type, single-function printers are estimated to account for a share over 35% by 2035. By technology type, drop on demand is are projected to dominate by holding a share of 71.3% by the end 2035.
Printer Type | Market Share (2035) |
---|---|
Single-Function Printers | 35.7% |
The global inkjet printer market prefers single-function printers the most because of their simplicity and cost-effectiveness. These are focused devices on printing only, making them cheaper, smaller, and more user-friendly compared to multi-functional or industrial printers.
Consumers and small businesses widely use these for simple printing needs, not requiring additional scanning or copying functionalities. The low upfront cost and easy maintenance make them ideal for personal use and smaller-scale operations. In addition, they print very fast with good quality, making them very popular in the market.
Technology Type | Market Share (2035) |
---|---|
Drop On Demand | 71.3% |
The most commonly used technology in the global inkjet printer market is Drop-on-demand technology due to its efficiency and accuracy. In DoD, ink droplets are only expelled when necessary thereby minimizing waste and making printing more cost-effective. This technology allows both small and large scale printing which does not only have a high quality print but also has minimal environmental impact.
For instance, for textile printing, DoD's inkjet printers allow designs with fine details to be printed onto fabrics without using screens and plates. This efficiency and flexibility have made DoD a favorite in many industries, such as packaging and commercial printing.
Key players of global inkjet printers packaging industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence. Few of them are also collaborating and partnering with local brands and start-up companies
Key Developments
Printer types in inkjet printers include single functional printers, multi-functional printers, large format printers, industrial inkjet printers, textile inkjet printers and inkjet press.
In terms of substrate, the market for inkjet printers is divided into plastic, metal, paper, fabric, ceramics and others.
Types of technology in inkjet printers include continuous inkjet and drop on demand. Drop on demand is further divided into thermal DOD and piezoelectric DOD.
End users related to inkjet printers are consumers, industrial and institutional. Industrial includes packaging, publishing, photography, textile and advertisement.
Key Countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe and Middle East & Africa are covered.
The global inkjet printers industry is projected to witness CAGR of 4.5% between 2025 and 2035.
The global inkjet printers industry stood at USD 7.5 billion in 2024.
Global inkjet printers industry is anticipated to reach USD 12.1 billion by 2035 end.
South Asia & Pacific is set to record a CAGR of 7.2% in assessment period.
The key players operating in the global inkjet printers industry include Videojet Technologies Inc., HP Inc., Canon Inc., and Epson Corporation.
Market Value for 2024 | USD 3.2 billion |
---|---|
Market Value for 2034 | USD 4.0 billion |
Market CAGR (2024 to 2034) | 2.3% |
Market Size (2023) | USD 1.21 billion |
---|---|
Market Size (2033) | USD 1.99 billion |
Market CAGR (2023 to 2033) | 5.1% |
Market Size 2023 | USD 22,814.9 million |
---|---|
Market Size 2033 | USD 38,572.8 million |
Value CAGR (2023 to 2033) | 4.7% |
Explore Printing Technology Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.