
Published On: Mar 2024
Published On: Mar 2024
At 2.2% CAGR, the Middle East & Africa Digital Production Inkjet Printing Market is Projected to be worth US$ 225.94 million by 2030, says Business Market Insights
According to Business Market Insights research, the Middle East & Africa digital production inkjet printing market was valued at US$ 189.90 million in 2022 and is expected to reach US$ 225.94 million by 2030, registering a CAGR of 2.2% from 2022 to 2030. Growing availability of cut-sheet and continuous-feed inkjet presses is among the critical factors attributed to the Middle East & Africa digital production inkjet printing market expansion.
With the rise in demand for high-quality, personalized printing, the use of inkjet presses is increasing. Inkjet presses can print high-quality images and text and can also be used to print variable data, making them ideal for personalized printing applications. Commercial printing, including marketing material to point-of-purchase posters, business cards, and flyers, also embraces commercial production inkjet printing. Most commercial printers are interested in cut-sheet inkjet presses since that format adheres to the process they own and know. A few applications with constant formats and huge volumes prefer continuous-feed inkjet to improve productivity. Further, I.T. Strategies has discovered that commercial printing and direct mail are converging due to the versatility of commercial printers and the ability to print numerous applications on a single press. New continuous-feed and cut-sheet inkjet presses are approximately 30% more productive than previous generations and can print on a broader range of substrates. This feature has been particularly important in commercial and direct mail printing applications. These devices also offer businesses more flexibility and choice in their printing needs. Thus, the growing availability of cut-sheet and continuous-feed inkjet presses drives the digital production inkjet printing market.
On the contrary, high initial investment, labor cost, and maintenance hampers the growth of Middle East & Africa digital production inkjet printing market.
Based on type, the Middle East & Africa digital production inkjet printing market is bifurcated into monochrome and color. The color segment held 75.2% market share in 2022, amassing US$ 142.84 million. It is projected to garner US$ 173.67 million by 2030 to expand at 2.5% CAGR during 2022-2030.
Based on production method, the Middle East & Africa digital production inkjet printing market is categorized into cut sheet, continuous feed, sheet-fed, and web-based. The continuous feed segment held 41.5% share of Middle East & Africa digital production inkjet printing market in 2022, amassing US$ 78.73 million. It is projected to garner US$ 88.57 million by 2030 to expand at 1.5% CAGR during 2022-2030.
Based on application, the Middle East & Africa digital production inkjet printing market is categorized into transactional, publishing, advertising, and others. The advertising segment held 50.2% share of Middle East & Africa digital production inkjet printing market in 2022, amassing US$ 95.26 million. It is projected to garner US$ 113.89 million by 2030 to expand at 2.3% CAGR during 2022-2030.
Based on country, the Middle East & Africa digital production inkjet printing market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 47.4% share of Middle East & Africa digital production inkjet printing market in 2022. It was assessed at US$ 90.02 million in 2022 and is likely to hit US$ 101.63 million by 2030, exhibiting a CAGR of 1.5% during 2022-2030.
Key players operating in the Middle East & Africa digital production inkjet printing market are Canon Inc, Colorjet India Ltd, Eastman Kodak Co, FUJIFILM Business Innovation Singapore Pte Ltd, Hewlett-Packard Development Co LP, and Xerox Holdings Corp, among others.
- In Sep 2022, HP unveils new printing press with focus on productivity and versatility.
- In Feb 2023, Canon launches new high-speed, web-fed inkjet printer series.
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