What Are the Current and Predicted Size of the Large Format Printers Market?
The large format printers market has grown steadily in recent years, with a size of $9.58 billion in 2024 expected to increase to $9.88 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.1%. Factors contributing to this growth include demand for high-quality printing, expansion of the advertising and signage industry, popularity in graphic arts and photography, and a wide range of substrate compatibility. The market size is expected to see strong growth in the next few years, reaching $12.65 billion in 2029 at a CAGR of 6.4%. This future growth can be attributed to the rise in promotional merchandise, energy-efficient printing solutions, increased use in educational materials printing, continuous feed printing systems, and global economic recovery.
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What Factors Are Fuelling the Growth of the Global Large Format Printers Market?
The growth of the large format printer market is significantly driven by the rising demand from the textiles, advertising, and packaging industries. These printers enhance brand awareness and support the promotion or launch of new products, thereby reaching a larger pool of customers. Especially in the textile industry, the use of large format printers has grown exponentially with the automation of printing on a variety of textiles. The Indian textile market, set to be worth over $209 billion by 2029, is one reflection of this surge, with the country reporting a 9% increase in home textile exports in 2021.
Which Are the Dominant Segments Within the Large Format Printers Market?
The large format printers market is segmented on the basis of:
1) Technology: Ink-Based Technology, Toner-Based (Laser) Technology
2) Ink Type: Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation
3) Application: Apparel And Textile, Advertising, Décor, CAD And Technical Printing, Other Applications
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Who Are the Major Players in the Large Format Printers Market?
Major companies operating in the large format printers market include Agfa-Gevaert N. V., Canon Inc., Durst Phototechnik AG, Seiko Epson Corporation, Xerox Holdings Corporation, Hewlett-Packard Development Company L. P., Konica Minolta Inc., Mimaki Engineering Co. Ltd., Mutoh Holdings Co. Ltd., The Ricoh Company Ltd., Roland DG Corporation, Fujifilm Holdings Corporation, Kyocera Corporation, Lexmark International Inc., Shenyang Sky Air-Ship Digital Printing Equipment Co. Ltd., SwissQprint AG, Oki Electric Industry Co. Ltd., Toshiba Tec Corporation, Brother Industries Ltd., Panasonic Corporation, Sharp Corporation, KIP Inc., Dilli Co. Ltd., ColorTrac Group, Neolt S. P. A, CET Color Inc., EFI Inc., Summa NV.
Which are the Top Trends Shaping the Large Format Printers Market?
New technology launches are key trends within the large format printer market. For instance, Canon Inc. launched imagePROGRAF TZ-5320 and TX Series printers in September 2024. These printers boast advanced image processing technology and magenta ink, offering improved color reproduction and vivid print quality on regular paper. They are perfect for a variety of printing needs, including architectural and engineering designs. Additionally, their eco-friendly design reduces energy consumption and plastic use.
Which Region Leads in the Large Format Printers Market Growth?
North America held the largest share in the large format printer market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Large Format Printers Market Report 2025 Offer?
Large format printers are printing devices that can print images on large papers or other media up to 87 inches in width. Commonly referred to as wide format printers, these are used for several applications including apparel and textiles, décor, and advertising. The Large Format Printers Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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