Asia Pacific Digital Production Inkjet Printing Market Forecast to 2030
Asia Pacific Digital Production Inkjet Printing Market Forecast to 2030 – Regional Analysis – by Type (Monochrome and Color), Production Method (Cut Sheet, Continuous Feed, Sheet-Fed, and Web-Based), and Application (Transactional, Publishing, Advertising, and Others)
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Description
Continued Shift to Digital Printing Fuel the Asia Pacific Digital Production Inkjet Printing Market
Digital printing is more flexible and efficient than traditional printing methods. It can be used to print short runs of customized products, which is becoming increasingly important as businesses and consumers demand more personalized experiences. Also, digital printing produces high-quality prints. The quality of digital prints has improved significantly in recent years, and they are now comparable to the quality of traditional prints. Moreover, in 2023, almost every industry experienced the impact of digital technology. Digital printing continues to advance in the printing industry as this method is a quick, inexpensive, and effective means to print digital content directly to multiple mediums. Digital files can be sent to a digital printer and printed on paper, canvas, plastic, or cardstock. These high-quality production printers also have innovative features that increase efficiency and image quality. Digital printing has the potential to change the way companies perform printing operations, and with the advent of new technologies, the cost is anticipated to drop significantly. Further, digital printing offers various advantages such as packaging, direct mail, signage and banners, and textiles. Therefore, the continued shift to digital printing is a major opportunity for the digital production inkjet printing market players to introduce new products in the coming years.
Asia Pacific Digital Production Inkjet Printing Market Overview
The digital production inkjet printing market in Asia Pacific is segmented into Australia, India, China, Japan, Taiwan, South Korea, and the Rest of Asia Pacific. According to All About Book Publishing, a publisher in India, as of August 2022, the inkjet digital printing method is considered the most productive regarding general book manufacturing over the full spectrum of book manufacturing. Longer printhead life, more inline and nearline finishing options, quicker running rates, greater print resolutions, and the capacity to handle larger sheet sizes and web widths make inkjet an affordable option for larger print runs. Thus, several players in Asia Pacific are launching products for digital production inkjet printing. For instance, in August 2021, the ProStream 3000 series launched the next generation of its high-speed, web-fed inkjet presses for commercial print. The product ProStream 3000 series is based on the well-known ProStream technology platform, which provides consistent offset print quality and adds a wider range of substrates, including heavyweight paper. It offers high-rated print speeds, enabling ultra-fast digital production of a variety of commercial print jobs.
Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Digital Production Inkjet Printing Market Segmentation
The Asia Pacific digital production inkjet printing market is segmented based on type, production method, application, and country. Based on type, the Asia Pacific digital production inkjet printing market is bifurcated into monochrome and color. The color segment held a larger market share in 2022.
Based on production method, the Asia Pacific digital production inkjet printing market is segmented into cut sheet, continuous feed, sheet-fed, and web-based. The continuous feed segment held the largest market share in 2022.
Based on application, the Asia Pacific digital production inkjet printing market is segmented into transactional, publishing, advertising, and others. The advertising segment held the largest market share in 2022.
Based on country, the Asia Pacific digital production inkjet printing market is segmented into China, Japan, India, Australia, South Korea, Taiwan, and the Rest of Asia Pacific. China dominated the Asia Pacific digital production inkjet printing market share in 2022.
Canon Inc, Colorjet India Ltd, Eastman Kodak Co, Epson India Pvt Ltd, FUJIFILM Business Innovation Singapore Pte Ltd, Hewlett-Packard Development Co LP, Konica Minolta Business Solutions India Pvt Ltd, and Xerox Holdings Corp are some of the leading companies operating in the Asia Pacific digital production inkjet printing market.
Summary Info
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According to the Research Team’ research, the Asia Pacific digital production inkjet printing market was valued at US$ 1,357.41 million in 2022 and is expected to reach US$ 2,210.82 million by 2030, registering a CAGR of 6.3% from 2022 to 2030. Growing availability of various product options is among the critical factors attributed to the Asia Pacific digital production inkjet printing market expansion.
Several companies in the digital production inkjet printing market provide a wide range of products. A few of these companies are Hewlett Packard, Canon, Ricoh, Fujifilm, Xerox Corporation, Konica Minolta, Kodak, Colorjet, SAKATA INX CORPORATION, Agfa-Gevaert, and Epson. For instance, Hewlett Packard offers the Page Wide Advantage 2200, T250HD, T390HD, T485HD, and T490HD. Canon offers ProStream, ColorStream, iX, Screen Americas, and Truejet press 520. Similarly, Ricoh provides Pro VC series. In addition, market players are focusing on new product development and technological advancement; for instance, in February 2023, EPSON announced the expansion of its product lineup of inkjet printheads with two new models-I3200(8)-S1HD and S800-S1-for signage, marking/coding, printed electronics, and other applications. Therefore, the growing availability of various product options is boosting the digital production inkjet printing market.
On the contrary, high initial investment, labor cost, and maintenance hampers the growth of Asia Pacific digital production inkjet printing market.
Based on type, the Asia Pacific digital production inkjet printing market is bifurcated into monochrome and color. The color segment held 77.8% market share in 2022, amassing US$ 1,055.84 million. It is projected to garner US$ 1,784.95 million by 2030 to expand at 6.8% CAGR during 2022-2030.
Based on production method, the Asia Pacific digital production inkjet printing market is categorized into cut sheet, continuous feed, sheet-fed, and web-based. The continuous feed segment held 40.4% share of Asia Pacific digital production inkjet printing market in 2022, amassing US$ 548.34 million. It is projected to garner US$ 841.81 million by 2030 to expand at 5.5% CAGR during 2022-2030.
Based on application, the Asia Pacific digital production inkjet printing market is categorized into transactional, publishing, advertising, and others. The advertising segment held 49.0% share of Asia Pacific digital production inkjet printing market in 2022, amassing US$ 665.38 million. It is projected to garner US$ 1,097.77 million by 2030 to expand at 6.5% CAGR during 2022-2030.
Based on country, the Asia Pacific digital production inkjet printing market has been categorized into China, Japan, India, Australia, South Korea, Taiwan, and the Rest of Asia Pacific. Our regional analysis states that China captured 35.7% share of Asia Pacific digital production inkjet printing market in 2022. It was assessed at US$ 484.80 million in 2022 and is likely to hit US$ 877.70 million by 2030, exhibiting a CAGR of 7.7% during 2022-2030.
Key players operating in the Asia Pacific digital production inkjet printing market are Canon Inc, Colorjet India Ltd, Eastman Kodak Co, Epson India Pvt Ltd, FUJIFILM Business Innovation Singapore Pte Ltd, Hewlett-Packard Development Co LP, Konica Minolta Business Solutions India Pvt Ltd, and Xerox Holdings Corp, among others.
– In Dec 2022, Brother International (India) partners with Konica Minolta (India).
– In Oct 2021, ColorJet seeks Indian govt support for future R&D in digital printing.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific digital production inkjet printing market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific digital production inkjet printing market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Digital Production Inkjet Printing Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Providers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industries:
4.3.5 List of Vendors in Value Chain
5. Asia Pacific Digital Production Inkjet Printing Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Growing Availability of Cut-sheet and Continuous-feed Inkjet Presses
5.1.2 Growing Availability of Various Product Options
5.2 Restraints
5.2.1 High Initial Investment
5.2.2 Limited Color Gamut
5.3 Opportunity
5.3.1 Continued Shift to Digital Printing
5.3.2 Increasing Demand for Short-run Printing
5.4 Future Trend
5.4.1 Growing Focus on Technological Advancements
5.5 Impact of Drivers and Restraints:
6. Digital Production Inkjet Printing Market – Asia Pacific Market Analysis
6.1 Overview
6.2 Asia Pacific Digital Production Inkjet Printing Market Revenue (US$ Million), 2022 – 2030
7. Asia Pacific Digital Production Inkjet Printing Market Analysis – Type
7.1 Monochrome
7.1.1 Overview
7.1.2 Monochrome Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Color
7.2.1 Overview
7.2.2 Color Market Revenue and Forecasts to 2030 (US$ Million)
8. Asia Pacific Digital Production Inkjet Printing Market Analysis – Production Method
8.1 Cut Sheet
8.1.1 Overview
8.1.2 Cut Sheet Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Continuous Feed
8.2.1 Overview
8.2.2 Continuous Feed Market Revenue and Forecasts to 2030 (US$ Million)
8.3 Sheet-Fed
8.3.1 Overview
8.3.2 Sheet-Fed Market Revenue and Forecasts to 2030 (US$ Million)
8.4 Web-Based
8.4.1 Overview
8.4.2 Web-Based Market Revenue and Forecasts to 2030 (US$ Million)
9. Asia Pacific Digital Production Inkjet Printing Market Analysis – Application
9.1 Transactional
9.1.1 Overview
9.1.2 Transactional Market Revenue and Forecasts to 2030 (US$ Million)
9.2 Publishing
9.2.1 Overview
9.2.2 Publishing Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Advertising
9.3.1 Overview
9.3.2 Advertising Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. Asia Pacific Digital Production Inkjet Printing Market – Country Analysis
10.1 Asia Pacific Digital Production Inkjet Printing Market
10.1.1 Asia Pacific Digital Production Inkjet Printing Market Overview
10.1.2 Digital Production Inkjet Printing Market Breakdown by Country
10.1.2.1 Australia Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.1.1 Australia Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.1.2 Australia Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.1.3 Australia Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.2 China Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.2.1 China Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.2.2 China Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.2.3 China Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.3 India Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.3.1 India Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.3.2 India Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.3.3 India Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.4 Japan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.4.1 Japan Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.4.2 Japan Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.4.3 Japan Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.5 South Korea Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.5.1 South Korea Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.5.2 South Korea Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.5.3 South Korea Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.6 Taiwan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.6.1 Taiwan Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.6.2 Taiwan Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.6.3 Taiwan Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.7 Rest of Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
10.1.2.7.1 Rest of Asia Pacific Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.7.2 Rest of Asia Pacific Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.7.3 Rest of Asia Pacific Digital Production Inkjet Printing Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
12. Digital Production Inkjet Printing Market Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Hewlett-Packard Development Co LP
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Canon Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FUJIFILM Business Innovation Singapore Pte Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Xerox Holdings Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Konica Minolta Business Solutions India Pvt Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Eastman Kodak Co
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Colorjet India Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Epson India Pvt Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index
LIST OF TABLES
Table 1. Digital Production Inkjet Printing Market Segmentation
Table 2. Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 3. Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 4. Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 5. Asia Pacific Digital Production Inkjet Printing Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 6. Australia Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 7. Australia Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 8. Australia Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 9. China Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 10. China Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 11. China Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 12. India Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 13. India Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 14. India Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 15. Japan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 16. Japan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 17. Japan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 18. South Korea Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 19. South Korea Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 20. South Korea Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 21. Taiwan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 22. Taiwan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 23. Taiwan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 24. Rest of Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 25. Rest of Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 26. Rest of Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 27. Company Positioning & Concentration
Table 28. List of Abbreviation
LIST OF FIGURES
Figure 1. Digital Production Inkjet Printing Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Digital Production Inkjet Printing Market
Figure 4. Digital Production Inkjet Printing Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Asia Pacific Digital Production Inkjet Printing Market Revenue (US$ Million), 2022 – 2030
Figure 7. Asia Pacific Digital Production Inkjet Printing Market Share (%) – Type, 2022 and 2030
Figure 8. Monochrome Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Color Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Asia Pacific Digital Production Inkjet Printing Market Share (%) – Production Method, 2022 and 2030
Figure 11. Cut Sheet Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Continuous Feed Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Sheet-Fed Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Web-Based Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Asia Pacific Digital Production Inkjet Printing Market Share (%) – Application, 2022 and 2030
Figure 16. Transactional Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Publishing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Advertising Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Asia Pacific Digital Production Inkjet Printing Market, by Key Countries – Revenue (2020) (US$ Million)
Figure 21. Asia Pacific Digital Production Inkjet Printing Market Breakdown by Key Countries, 2022 And 2030 (%)
Figure 22. Australia Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. China Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. India Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Japan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. South Korea Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Taiwan Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28. Rest of Asia Pacific Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million)
The List of Companies – Asia Pacific Digital Production Inkjet Printing Market
1. Canon Inc
2. Colorjet India Ltd
3. Eastman Kodak Co
4. Epson India Pvt Ltd
5. FUJIFILM Business Innovation Singapore Pte Ltd
6. Hewlett-Packard Development Co LP
7. Konica Minolta Business Solutions India Pvt Ltd
8. Xerox Holdings Corp
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