North America Digital Production Inkjet Printing Market Forecast to 2030
North America 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
Growing Availability of Cut-sheet and Continuous-feed Inkjet Presses Fuel the North America Digital Production Inkjet Printing Market
With the rise in demand for high-quality, personalized printing, the use of inkjet presses is increasing. Inkjet presses can print high-quality images and text and can also be used to print variable data, making them ideal for personalized printing applications. Commercial printing, including marketing material to point-of-purchase posters, business cards, and flyers, also embraces commercial production inkjet printing. Most commercial printers are interested in cut-sheet inkjet presses since that format adheres to the process they own and know. A few applications with constant formats and huge volumes prefer continuous-feed inkjet to improve productivity. Further, I.T. Strategies has discovered that commercial printing and direct mail are converging due to the versatility of commercial printers and the ability to print numerous applications on a single press. New continuous-feed and cut-sheet inkjet presses are approximately 30% more productive than previous generations and can print on a broader range of substrates. This feature has been particularly important in commercial and direct mail printing applications. These devices also offer businesses more flexibility and choice in their printing needs. Thus, the growing availability of cut-sheet and continuous-feed inkjet presses drives the digital production inkjet printing market.
North America Digital Production Inkjet Printing Market Overview
The North America digital production inkjet printing market is segmented into the US, Canada, and Mexico. Printing, advertising, and publishing are a few industries that use inkjet printing technology, which employs the inexpensive direct deposition manufacturing technique. Due to its vast application and cost-effectiveness, several companies across North America are deploying digital production inkjet printing. For instance, in February 2023, PSM (Producciones Signaléticas Mexicanas), a printing company in Mexico, employs Agfa inkjet printers to increase production and save up to 50% on ink while meeting the needs of its retail, department store, and supermarket customers.
North America Digital Production Inkjet Printing Market Revenue and Forecast to 2030 (US$ Million)
North America Digital Production Inkjet Printing Market Segmentation
The North America digital production inkjet printing market is segmented based on type, production method, application, and country. Based on type, the North America 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 North America 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 North America 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 North America digital production inkjet printing market is segmented into the US, Canada, and Mexico. The US dominated the North America digital production inkjet printing market share in 2022.
Canon Inc, Eastman Kodak Co, FUJIFILM Business Innovation Singapore Pte Ltd, Hewlett-Packard Development Co LP, Ricoh USA Inc, SCREEN GP Americas LLC, and Xerox Holdings Corp are some of the leading companies operating in the North America digital production inkjet printing market.
Summary Info
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According to the Research Team’ research, the North America digital production inkjet printing market was valued at US$ 1,595.58 million in 2022 and is expected to reach US$ 2,274.51 million by 2030, registering a CAGR of 4.5% from 2022 to 2030. Growing focus on technological advancements is among the critical factors attributed to the North America digital production inkjet printing market expansion.
Technological advancements include the development of high-speed inkjet printers that can print at high resolutions and speeds and offer a variety of new inks that are more durable, environmentally friendly, and can produce a wide range of colors. These technological advancements make digital production inkjet printing more efficient, cost-effective, and versatile. This leads to increased technology adoption by businesses of all sizes in various industries. Several companies are launching advanced printers. For example, in May 2021, Canon launched the ColorStream 8000 Web Feb Inkjet Printer series. These printers have been designed to meet the current and future production challenges of public and corporate sector in-plants, print and communication service providers, and specialized commercial printers. Canon also launched the ProStream 3000 series, the next-generation high-speed, web-fed inkjet printers for commercial printing. Thus, the growing focus of various companies on technological advancements regarding digital printing is expected to fuel the digital production inkjet printing market in the coming years.
On the contrary, high initial investment, labor cost, and maintenance hampers the growth of North America digital production inkjet printing market.
Based on type, the North America digital production inkjet printing market is bifurcated into monochrome and color. The color segment held 81.2% market share in 2022, amassing US$ 1,295.56 million. It is projected to garner US$ 1,901.26 million by 2030 to expand at 4.9% CAGR during 2022-2030.
Based on production method, the North America digital production inkjet printing market is categorized into cut sheet, continuous feed, sheet-fed, and web-based. The continuous feed segment held 36.7% share of North America digital production inkjet printing market in 2022, amassing US$ 586.01 million. It is projected to garner US$ 826.30 million by 2030 to expand at 4.4% CAGR during 2022-2030.
Based on application, the North America digital production inkjet printing market is categorized into transactional, publishing, advertising, and others. The advertising segment held 45.4% share of North America digital production inkjet printing market in 2022, amassing US$ 723.76 million. It is projected to garner US$ 1,079.07 million by 2030 to expand at 5.1% CAGR during 2022-2030.
Based on country, the North America digital production inkjet printing market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 76.7% share of North America digital production inkjet printing market in 2022. It was assessed at US$ 1,224.15 million in 2022 and is likely to hit US$ 1,772.27 million by 2030, exhibiting a CAGR of 4.7% during 2022-2030.
Key players operating in the North America digital production inkjet printing market are Canon Inc, Eastman Kodak Co, FUJIFILM Business Innovation Singapore Pte Ltd, Hewlett-Packard Development Co LP, Ricoh USA Inc, SCREEN GP Americas LLC, and Xerox Holdings Corp, among others.
– In Sep 2023, Baker Labels adds new HP Indigo 6k to its digital press line-up.
– In Feb 2023, Canon expands laser and business inkjet printer portfolio with eleven new printers.
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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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. North America 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. North America 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 Rising Use of Sheetfed Inkjet
5.1.3 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 – North America Market Analysis
6.1 Overview
6.2 North America Digital Production Inkjet Printing Market Revenue (US$ Million), 2022 – 2030
7. North America 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. North America 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. North America 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. North America Digital Production Inkjet Printing Market – Country Analysis
10.1 North America
10.1.1 North America Digital Production Inkjet Printing Market Overview
10.1.2 North America Digital Production Inkjet Printing Market Revenue and Forecasts and Analysis – By Countries
10.1.2.1 North America Digital Production Inkjet Printing Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 US Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 US Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.2.2 US Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.2.3 US Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.3 Canada Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Canada Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.3.2 Canada Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.3.3 Canada Digital Production Inkjet Printing Market Breakdown by Application
10.1.2.4 Mexico Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Mexico Digital Production Inkjet Printing Market Breakdown by Type
10.1.2.4.2 Mexico Digital Production Inkjet Printing Market Breakdown by Production Method
10.1.2.4.3 Mexico 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 Ricoh USA Inc
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 FUJIFILM Business Innovation Singapore Pte Ltd
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 Xerox Holdings Corp
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 SCREEN GP Americas LLC
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
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. North America Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 3. North America Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 4. North America Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Million) – Production Method
Table 5. North America Digital Production Inkjet Printing Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 6. US Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 7. US Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Production Method
Table 8. US Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 9. Canada Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 10. Canada Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Production Method
Table 11. Canada Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 12. Mexico Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Mexico Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Production Method
Table 14. Mexico Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 15. Company Positioning & Concentration
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. Digital Production Inkjet Printing Market Segmentation, By Country
Figure 2. North America – 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. North America Digital Production Inkjet Printing Market Revenue (US$ Million), 2022 – 2030
Figure 7. North America 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. North America 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. North America 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. North America Digital Production Inkjet Printing Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 21. Digital Production Inkjet Printing Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 22. US Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Canada Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. Mexico Digital Production Inkjet Printing Market Revenue and Forecasts to 2030 (US$ Mn)
The List of Companies – North America Digital Production Inkjet Printing Market
1. Canon Inc
2. Eastman Kodak Co
3. FUJIFILM Business Innovation Singapore Pte Ltd
4. Hewlett-Packard Development Co LP
5. Ricoh USA Inc
6. SCREEN GP Americas LLC
7. Xerox Holdings Corp
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