The direct-to-shape inkjet printers market is anticipated to expand significantly during the next few years. The market, which is expected to be worth US$ 3.8 billion in 2022, will increase at a compound annual growth rate (CAGR) of 7.2% to reach US$ 6.6 billion in value by 2030.
The increase in sales is attributable to direct-to-shape inkjet printers' capacity to satisfy the growing consumer demand for customised goods by printing directly onto containers.
The printing business is undergoing a revolution thanks to direct-to-shape inkjet printers, which outperform traditional printing techniques and provide a variety of applications. These printers enable firms to more effectively communicate with their customers through individualised product packaging by printing graphics and text directly onto tubes, bottles, folding cartons, cans, and other packaging materials.
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Direct-to-shape inkjet printers provide greater colour blending, high-quality printing, quick printing speeds, and compatibility with a variety of substrate materials, including glass, metal, and plastic, in comparison to conventional printers. Additionally, they do away with the necessity for pricey labels, which lowers manufacturing costs. These printers improve productivity, lower material costs, increase cost-effectiveness, enable mass customisation, and provide environmental advantages.
The global market for direct-to-shape inkjet printers is primarily driven by the rising demand for goods with elaborate designs and customised items. Additionally, the use of UV curable inks in these printers reduces the degradation of print quality brought on by exposure to UV rays, which helps the market expand. The market for direct-to-shape inkjet printers is anticipated to grow as a result of these factors together in the foreseeable future.
“Rising drive for sustainability and the DTS inkjet printers' ability to meet this demand due to the use of eco-friendly inks will supplement the growth in the market over the forecast period,” says an FMI analyst.??
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Key Takeaways:
- Solvent-based ink type in the direct-to-shape inkjet printers market is expected to register a CAGR of 9.6%
- Bottles will account for nearly 26.6% market share in the application category
- Direct-to-Shape inkjet printers account for 7.3% of the inkjet printers' value of US$ 52.1 Bn.
- North America is estimated to dominate the market with a share of 27.1% in 2022.
- East Asia's direct-to-shape inkjet printer market will continue growing at a healthy rate of 8.8% market through 2032.
- South Asia will exhibit a robust CAGR of 9.6% over the forecast period.
- Europe is anticipated to record a 23.4% growth rate in the market through 2032.
Key Players:
- Xerox Corporation
- Heidelberg USA, Inc.
- Mimaki Europe B.V.
- Xaar plc
- Koenig & Bauer AG
- Tonejet Limited
More Insights into the Direct-to-Shape Inkjet Printers Market Report
In its latest report, FMI offers an unbiased analysis of the global direct-to-shape inkjet printers market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and range, the market is segmented based on ink type (solvent-based, water-based, UV curing link), substrate type (plastic, glass, metal, paper, wood, fabric), application (bottles, cans. Drums, tubes, folding cartons, & others), end use (food, beverages, pharmaceuticals, cosmetics, personal & home care, chemical, & others), and region.
By application, bottles are expected to dominate the direct-to-shape inkjet printers market for the forecast period. Estimated to account for nearly 26.6% of market share, bottles are considered absolute barriers which avoid the risk of ink migration. The food and beverages sector much prefers bottles for packaging.
Solvent-based ink type is fade-proof, scratch-resistant, and waterproof. These properties aid market domination of this ink type. It is expected to exhibit a CAGR of 9.6% during the assessment period.
North America is expected to lead the market in terms of region. This is primarily due to the prevalent packaging trends in the U.S.
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Direct-To-Shape Inkjet Printers Market By Category
By ink type :
- Solvent Based
- Water Based
- UV Curing Inks
By substrate type :
- Plastic
- Glass
- Metal
- Paper
- Fabric
- Wood
By application :
- Bottles
- Cans
- Drums
- Tubes
- Folding Cartons
- Others (Bags, Trays etc.)
By end use :
- Food
- Beverages
- Pharmaceutical
- Cosmetics
