Large Character Inkjet Printers Market: Market Introduction
Printing on corrugated boxes, folding cartons, pop display became an easy task when large character inkjet printers are introduced to the market. As large character inkjet printer can print a character of size 140 mm and above. Large character inkjet printers can work at high speed of 600 meters per minute this feature reduces printing time and increases labeling capacity of the plant. Large character injects printers can easily print on the porous and non-porous surface. A non-contact feature of large character inkjet printer eliminates the possibility of wear and tear of the printer head, thus reduces addition replacement cost. Large character inkjet printers provide flexibility of printing at a different angle and at different sizes, thus widens its application. Dust resistance and splash water resistance feature of large character inkjet printer further reduces manual cleaning cost and maintenance cost. Changes in the text, images can be done directly in large character inkjet printers.
Large Character Inkjet Printers Market: Market Dynamics
Global Large character inkjet printers market is driven by packaging industry, as packaging manufacturers are focusing on high-speed reliable printers, with less wear and tear. Large character inkjet printers are used for printing corrugated boxes, printing cartons that are required for exporting goods. Poster, pamphlets, banners used for the product branding is further driving large character inkjet printers market. Large character inkjet printer can print on porous and non-porous materials and also finished and rough surfaces this feature increases its application in industry. Large character inkjet printing market is driven by the beverage industry. High printing speed required for printing graphic and text on packaging products like cans and bottle is met by large character inkjet printers. Dairy product manufacturers are key drivers of the large character inkjet printers market. Due to high consumption of milk, cheese, butter etc. that requires packaging product, as well as printers for printing images, logos, and text this further fuels large character inkjet market. There is a trend seen among the manufacturers of large character inkjet printers, as they are investing in research and development to update technology, to enhance printing speed of large character inkjet printers.
Large Character Inkjet Printers Market: Market Segmentation
The global market for large character inkjet printer is segmented on the basis of printing inks, product type and end use industry
On the basis of printing inks, large character inkjet printer market is segmented into:
- Solvent base
- Water based
- UV base
On the basis of packaging type, large character inkjet printer market is segmented into
- Corrugated boxes
- Folding cartoons
On the basis of end use industry, large character inkjet printer market is segmented into:
- Dairy products
- Cosmetics and personal care
- Food & beverages
Large Character Inkjet Printers Market: regional overview
Global large character inkjet printers market are segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. Long working hours of consumers over North America region, made them dependent on packed food products, these products required printers for printing dates, of manufacturing, expiry date, price thus shows continues growth for the large character inkjet printers market. Asia Pacific region shows a high requirement for large character inkjet printing, as these printers are widely required for printing packed products of beverages, dairy products, foods products etc. China is largest in terms of consumption of large character inkjet printers. Rising demand for convenient packaging product raising demand for large character printers in European region.
Some of the key players of small character inkjet printers market are Squid Ink, REA JET, Zanasi USA, ITW Diagraph, Markem-Imaje - A Dover Company etc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.