The global Specialty Printing Consumables market is forecasted to reach USD 56.04 Billion by 2027, according to a new report by Reports and Data. Increasing preference for inkjet printers in mass publishing and changing trends in the packaging industry are expected to drive the market demand. The growing demand for printed fabrics, due to upgradations in contemporary fashion trends, also leads to increased consumer consumption.
A rapid increase in packaging applications, such as food, beverages, and restaurants, is a primary factor in propelling growth. Introduction of the latest technologies, such as nano-scale printing, hybrid printing, 3D printing, and microdispensing in various end-use industries, such as packaging, printed electronics, decorative designing, publishing, and automotive, lead to an increased demand for the product. New players entering the market are coming up with more innovations to capture the market share, and this is expected to further drive the market growth.
A growing need for large-scale printing, especially in commercial applications, leads to increased product consumption. The product is also used in industries like healthcare and media. Various implants in the healthcare sector, such as cranial implants and hip implants, are produced using multiple 3D printing technologies. The growth of the healthcare sector leads to increased consumption of the product, thus driving market demand.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the Specialty Printing Consumables market and profiled in the report are:
Sun Chemical Corp., Siegwerk Druckfarben AG & Co. KGaA, Marabu GmbH, Saati S.P.A., Nazdar Ink Technologies, Canon Inc., DIC Corp., Eastman Kodak Co., Xerox Corp., and HP Development Co., among others.
The research study further covers the expansion and scope of the market in the key geographies across the globe. It assesses the scope of the market on a global as well as country-wise level. The market is spread across the key regions that include: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides a comprehensive analysis of the production and consumption patterns, import and export ratio, supply and demand dynamics, key trends and demands, consumer behavior, and presence and operations of prominent players in each region of the market.
The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Product Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
End-User Outlook (Revenue, USD Billion; 2017-2027)
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TOC –
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Specialty Printing Consumables Market Segmentation & Impact Analysis
4.1. Specialty Printing Consumables Market Material Segmentation Analysis
4.2. Industrial Outlook
Continued……….
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the Specialty Printing Consumables market and its competitive landscape.
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