Expanding
Horizons: Exploring
the Lucrative
Landscape of the
Large Format
Printer Market
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Introduction
Large format printer refers to print
materials that are too large to be
printed on the most readily available
sizes of commercial printing presses.
Large format printing requires use of
specialty production equipment that
can accommodate bigger-than-normal
print dimensions. It is most commonly
designed as a flat wall-hanging,
however, it can also be made to fold or
in some cases made to be freestanding.
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Market Overview
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Understanding the large format
printer industry is essential. This
slide provides an overview of its
current size, growth rate, and major
players. With the global large
format printer market size was
valued at $9.15 billion in 2020, and is
projected to reach $13.70 billion by
2030, registering a CAGR of 4.2%
from 2021 to 2030. This market
presents immense potential for
businesses. Stay ahead of the curve
by
exploring
this
lucrative
landscape.
Key Drivers
Several key drivers are fueling the
growth of the large format printer
market. These include the rising
demand for outdoor advertising,
the need for high-quality prints in
industries like architecture and
engineering, and the increasing
adoption
of
digital
printing
technologies.
Stay
tuned
to
discover how these factors shape
the landscape.
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Segment Review
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The global large format printer market
is segmented on the basis of offering,
printing technology, print width, ink
type, application, and region.
By
offering, the market is divided into
printer, software, and service. By
printing technology, it is divided into
inkjet printing, and toner-based
printing (laser systems). On the basis
of ink type, it is segregated into
aqueous, solvent, UV-curable, dye
sublimation,
latex,
and
others.
Depending on application, it is
divided into apparels & textiles,
signage, advertising, décor, CAD &
technical printing, construction, and
others.
Top Impacting
Factors
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The prominent factors that impact
the large format printer market
growth are increasing usage of
large format printers in textile and
advertising industries, growing
popularity
of
dye-Sublimation
printing, and increasing adoption
of
UV-curable
Inkjet
printer.
However, high initial investments
and operating costs restricts the
market growth. On the contrary,
increasing adoption of large format
printer in vehicle wrap and home
furnishing applications is expected
to create lucrative opportunities for
the market.
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