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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.
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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. “The large format printer market for printer accounted for the largest share in 2019.” The increasing demand for large format printers for home furnishing & decor and vehicle wrap applications, the growing 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. 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. The large format printer market 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. “The large format printer market is projected to grow at CAGR of 3.8% from 2020 to 2025.”
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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