Global Specialty Printing Consumables Market by End User (Commercial, Educational Institutions), by Product (Specialty Substrates, Ink) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

The market for specialty printing consumables was worth USD 38.04 billion in 2018. It is expected that it will grow at a 4.1% CAGR between 2019 and 2025. There are many specialty printing consumables, including toner and ink cartridges as well as printer drums or ribbons. They can be made either in powdered or liquid form depending on the printer model. This growth has been driven by the increasing use of printing consumables at offices and educational institutions, as well as the growing need for large-scale printing in the commercial sector such as textile and packaging.

The market for specialty printing consumables is seeing a rise in demand from the textile printing industry and the rising use of packaging technology. The market has grown over the years due to the availability of efficient printing technologies such as nano-scale printing, hybrid printing, micro dispensing, 3D printing and micro printing. These technologies are used in industries like packaging, automotive, printed electronics , packaging, decorative designing and automotive. Hubergroup's MGA NATURA series was redesigned in January 2019 with a single ink which is compliant with all Food and Drug Administration (FDA), and EC Regulations. This allows for growth in Europe and North America.

Toner held the largest market share at 30% in 2018, based on product type. Toner is a powdered mixture that's used in photocopies and laser printers to print text and images on paper. It is used in commercial publishing, such as novels, newspapers, and journals. The growing demand for printed study materials is due to the expanding education sector worldwide. This has boosted the demand for specialty printing consumables. Due to respiratory problems and skin irritations caused by long-term exposure to chemical vapors, the demand for chemicals will decline in the future. Switzerland, for example, is the only European country with legislation, Swiss Ordinance RS 817.023.21, which has specific provisions for various types of food-contact material and articles, as well as food packaging printing inks.

The popularity of textiles is increasing as a result of the modernization of fashion trends in Europe and Asia Pacific (APAC). Ajio Life, Shein and other online brands have increased the demand for printed fabrics to make their clothing ranges. This has helped the specialty printing consumables market to grow significantly over the forecast period. The printed packaging market will grow in the APAC region due to the increasing demand for fast food in the future.

Product Insights

The market share for ink products was 30.64% in 2018, and it is expected to grow significantly over the forecast period. Inkjet printers use fluid ink to create text or pictures. They have a wider market than other types of printers. Because the ink costs are lower and the printed text fades quickly, dye-based inks are used for ATM receipt printing. These applications will increase the growth of printing ink over the next few years.

The fastest expected CAGR for specialty substrates is 4.5% during the forecast period. Vinyl, metallic and fluorescent are all possible substrates that could be used to produce high-quality prints. As the high-speed production inkjet market continues its evolution, so is the demand for these substrates. The new HP inkjet printers, which use these specialty substrates, are experiencing high demand and producing fine-quality colored images prints.

End-User Information

There has been an increase in demand for specialty printing consumables due to the increasing use of consumables in small offices as well as large corporates with heavy printing requirements. The number of colleges and schools is increasing, as well as the younger population. This would increase the demand for printed study materials, which will in turn lead to an increase in growth.

Due to growing demand for large-scale printing in sectors like textiles, healthcare and media, the commercial segment of the end-user segment will see a rise. The market share for specialty printing consumables, including inks and specialty substrates, is expected to increase and reach 40.53% by 2025. With the development of the healthcare industry, there are more than 20 types of implants, including cranial, hip, knee and spinal, that have been approved by Food and Drug Administration (FDA). They are manufactured using various additive manufacturing (or) technologies.

Regional Insights

North America will see a value of USD 15.09 trillion by 2025. The demand for specialty substrates has risen rapidly due to the rapid growth of 3D printing in U.S. sectors like healthcare and construction. This market will continue to grow, especially given the recent developments in construction technology in this region. Sunconomy, a U.S.-based construction company, has teamed up to create 3D printed homes in the country with Russian 3D printers ApisCor. The machine uses eight kilowatts to construct and is very efficient in additive manufacturing. It is portable and can be carried on the back of a truck from one location to another.

Brazil and Argentina are the top consumers of printing consumables (CSA) in Central and South America. This is due to increased advertising spending, personalization and specialization in converting packages. Over the next few years, the region will grow at a 3.4% CAGR. Siegwerk Druckfarben AG & Co. KGaA, for instance, has signed a contract with Tupahue Tintas (a family-owned company that produces flexo and gravure inks and varnishes in Brazil), to buy the company. This acquisition will allow companies to take advantage of growth opportunities in Brazil.

Market Share Insights & Key Companies

Globally, the market is somewhat fragmented due to the presence of major players like DIC Corporation; Canon Inc. and Xerox Corporation.

Small and large manufacturers are competing on price and quality. There are companies such as Lexmark International Inc., Canon Inc., and HP that specialize in producing printing consumables. These include inks and specialty substrates. This has helped to increase the demand from countries like the U.S., U.K. and India.

Report Scope on Specialty Printing Consumables Market

The Report Covers Certain Segments

This report forecasts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2015 to 2025. Grand View Research has divided the market report on specialty printing consumables based on product, region, and end-user.

• Product Outlook (Revenue USD Million, 2015-2025)

  • Toner

  • Ink

  • Specialty Substrates

  • Chemicals

• End-User (Revenue USD Million, 2015-2025)

  • Corporates

  • Commercial

  • Education Institutions

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • India

    • China

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

These are the most frequently asked questions about this report

b. The market for specialty printing consumables was valued at USD 39.52 Billion in 2019, and is forecast to grow to USD 41.07 Billion by 2020.

b. Global specialty printing consumables markets are expected to increase at a compound annual growth rate 4.1% between 2019 and 2025, reaching USD 50.25 Billion in 2025.

b. The specialty printing consumables market was dominated by the toner segment, which held a 35.6% share in 2019. This is due to the widespread use of the product for commercial publishing, such as novels and newspapers.

b. Among the key players in specialty printing consumables are DIC Corporation, Canon Inc., Xerox Corporation, HP; Eastman Kodak Co. Flint Ink Inc. and Nazdar Ink Technologies.

b. The growth of specialty printing consumables markets is driven by the increasing use of printing consumables at offices and educational institutions, and the increased need for large-scale printing in the commercial sector.

Up Market Research published a new report titled “Specialty Printing Consumables Market research report which is segmented by End User (Commercial, Educational Institutions), by Product (Specialty Substrates, Ink), By Players/Companies DIC Corporation; Canon Inc; Xerox Corporation; HP; Eastman Kodak Co; Flint Ink Inc and Nazdar Ink Technologies; LP”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Specialty Printing Consumables Market Report Segments:

The market is segmented by End User (Commercial, Educational Institutions), by Product (Specialty Substrates, Ink).

Specialty Printing Consumables Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Specialty Printing Consumables Market

Overview of the regional outlook of the Specialty Printing Consumables Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Specialty Printing Consumables Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Specialty Printing Consumables Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Commercial

                2. Educational Institutions

                1. Specialty Substrates

                2. Ink

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Specialty Printing Consumables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Specialty Printing Consumables Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.