Asia Pacific Industrial Inkjet Printers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (CIJ Printer and DOD Inkjet Printer), and End User (Food and Beverages, Automobile, Packaging, Cosmetic, Medical, and Others)
Market Introduction
The Asia Pacific industrial inkjet printers market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Industrial inkjet printing involves using inkjet technology to print or deposit materials as part of the manufacturing process of a product on a production line. The idea is similar to that of a desktop inkjet printer, but the scale is vastly different in terms of machine size and speed, as well as the diversity of fluids that must be deposited. For labelling and coding the product, industrial inkjet printers are used. The rise of the worldwide packaging industry, combined with the faster operating speeds provided by industrial inkjet printers, is anticipated to drive the growth of industrial inkjet printers in packaging. Inkjet printers are used in industries to print dates, barcodes, logos, etc. on a variety of shapes and sizes of products. The lower maintenance costs and the ability to fill various types of inks associated with the continuous inkjet technology used in industrial inkjet printers are expected to contribute to the growth of industrial inkjet printers.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial inkjet printers manufacturing activities. Downfall of other consumer goods manufacturing sectors has negatively impacted the demand for industrial inkjet printers during the early months of 2020. Moreover, decline in the overall industrial manufacturing activities has led to discontinuation of industrial inkjet printers manufacturing projects, thereby reducing the demand for industrial inkjet printers. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The industrial inkjet printers market in Asia Pacific is expected to grow from US$ 5,268.18 million in 2021 to US$ 9,056.91 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. Rapid growth in the advertisement industry, coupled with increasing demand for better print quality and higher print resolution, is anticipated to boost the growth of the Asia Pacific market in coming years. The advertisements industry requires the higher print resolution and better print quality for collaterals. The multifunctional inkjet printers meets these needs; therefore, their demand is growing in the industry. Furthermore, photographers use multifunctional inkjet printers because of their capability to print photographs without a pixel split and with proper color and combination. In addition, by using inkjet printers, photographers can print a photograph on any surface. Multifunctional inkjet printers are majorly used in offices and institutes, such as schools and colleges. The versatility of these printers to fax, scan, print, copy, and paper handling propels their demand. Further, the cost of the low variants of multifunctional inkjet printers is comparatively low. Therefore, multifunctional inkjet printers are preferred than the single functional inkjet printers. Moreover, various multifunctional inkjet printers are available with features such as Wi-Fi and Bluetooth connectivity, USB port, LCD screen, and touchscreen; these benefits make the printers more user-friendly. The factors mentioned above boost the demand for a multifunctional inkjet printer across Asia Pacific.
Key Market Segments
Based on technology, the DOD inkjet printer segment accounted for the largest share of the Asia Pacific industrial inkjet printers market in 2020. Based on end-user, the packaging segment accounted for the largest share of the Asia Pacific industrial inkjet printers market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific industrial inkjet printers market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Anser Coding; Beijing Hi-Pack Coding; Citronix; Domino; Control Print Ltd.; Ebs Ink Jet Systeme; Hitachi Industrial Equipment Systems Co., Ltd; ITW Company; Kba-Metronic; Keyence; Kortho; Leibinger; Linx; Markem-Imaje; Matthews Marking Systems; Squid Ink Manufacturing; United Barcode Systems; Videojet; Weber Marking; and Zanasi.
Reasons to buy report
- To understand the Asia Pacific industrial inkjet printers market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific industrial inkjet printers market
- Efficiently plan M&A and partnership deals in Asia Pacific industrial inkjet printers market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific industrial inkjet printers market
- Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.
Asia Pacific Industrial Inkjet Printers Market Segmentation
Asia Pacific Industrial Inkjet Printers Market -By Technology
- CIJ Printer
- DOD Inkjet Printer
Asia Pacific Industrial Inkjet Printers Market – By End-User
- Food and Beverages
- Automobile
- Packaging
- Cosmetic
- Medical
- Others
Asia Pacific Industrial Inkjet Printers Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Asia Pacific Industrial inkjet printers Market – Company Profiles
- Anser Coding Inc.
- Beijing Hi-Pack Coding Ltd.
- Citronix Inc.
- Control Print Ltd.
- Hitachi Industrial Equipment Systems Co., Ltd.
- EBS Ink-Jet Systeme
- Koenig & Bauer Coding GmbH
- Domino Printing Sciences Plc.
- ITW Company
- Keyence Corporation
- Kortho
- Leibinger Group
- Linx Printing Technologies
- Markem-Imaje
- Matthews Marking Systems
- Squid Ink Manufacturing
- United Barcode Systems
- Videojet Technologies, Inc.
- Weber Marking Systems GmbH
- Zanasi
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Industrial Inkjet Printers Market, by Technology
1.3.2 Industrial Inkjet Printers Market, by End- User
1.3.3 Industrial Inkjet Printers Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Industrial Inkjet Printers Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinions
5. Asia Pacific Industrial Inkjet Printers Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Mounting Demand from Flexible Packaging and Textile Industries
5.1.2 Expanding Market for Multifunctional Inkjet Printers
5.2 Market Restraint
5.2.1 Availability of Various Substitutes in the Market
5.3 Market Opportunities
5.3.1 Product Innovation and Technological Advancements in Industrial Inkjet Printers Industry
5.4 Future Trends
5.4.1 Excessive Demand for Industrial Inkjet Printer in Various End-Use Industries
5.5 Impact Analysis of Drivers and Restraints
6. Industrial Inkjet Printers – Asia Pacific Market Analysis
6.1 Asia Pacific Industrial Inkjet Printers Market Forecast and Analysis
7. Asia Pacific Industrial Inkjet Printers Market Analysis – By Technology
7.1 Overview
7.2 Industrial Inkjet Printers Market, By Technology (2020 and 2028)
7.3 CIJ Printers
7.3.1 Overview
7.3.2 CIJ Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
7.4 DOD Inkjet Printers
7.4.1 Overview
7.4.2 DOD Inkjet Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 TIJ Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
7.4.4 Others: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Industrial Inkjet Printers Market Analysis – By End-User
8.1 Overview
8.2 Industrial Inkjet Printers Market, By End-User (2020 and 2028)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Automobile
8.4.1 Overview
8.4.2 Automobile: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Packaging
8.5.1 Overview
8.5.2 Packaging: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Cosmetic
8.6.1 Overview
8.6.2 Cosmetic: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Medical
8.7.1 Overview
8.7.2 Medical: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Industrial Inkjet Printers Market – Country Analysis
9.1 Asia Pacific: Industrial Inkjet Printers Market
9.1.1 Asia Pacific: Industrial Inkjet Printers Market, by Key Country
9.1.1.1 Australia: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Industrial Inkjet Printers Market, by Technology
9.1.1.1.1.1 Australia: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.1.2 Australia: Industrial Inkjet Printers Market, by End-User
9.1.1.2 China: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Industrial Inkjet Printers Market, by Technology
9.1.1.2.1.1 China: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.2.2 China: Industrial Inkjet Printers Market, by End-User
9.1.1.3 India: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Industrial Inkjet Printers Market, by Technology
9.1.1.3.1.1 India: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.3.2 India: Industrial Inkjet Printers Market, by End-User
9.1.1.4 Japan: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Industrial Inkjet Printers Market, by Technology
9.1.1.4.1.1 Japan: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.4.2 Japan: Industrial Inkjet Printers Market, by End-User
9.1.1.5 South Korea: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Industrial Inkjet Printers Market, by Technology
9.1.1.5.1.1 South Korea: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.5.2 South Korea: Industrial Inkjet Printers Market, by End-User
9.1.1.6 Rest of Asia Pacific: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Industrial Inkjet Printers Market, by Technology
9.1.1.6.1.1 Rest of Asia Pacific: Industrial Inkjet Printers Market, by DOD Inkjet Printers
9.1.1.6.2 Rest of Asia Pacific: Industrial Inkjet Printers Market, by End-User
10. Overview- Impact of COVID-19 on Asia Pacific Industrial Inkjet Printers Market
10.1 Impact of COVID-19 on Industrial Inkjet Printers Market
10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Business Planning and Strategy
12. Company Profile
12.1 Anser Coding Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Beijing Hi-Pack Coding Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Citronix Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Control Print Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hitachi Industrial Equipment Systems Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 EBS Ink-Jet Systeme
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Koenig & Bauer Coding GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Domino Printing Sciences plc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ITW Company
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Keyence Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Kortho
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 Leibinger Group
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 Linx Printing Technologies
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Markem-Imaje
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 Matthews Marking Systems
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments
12.16 Squid Ink Manufacturing
12.16.1 Key Facts
12.16.2 Business Description
12.16.3 Products and Services
12.16.4 Financial Overview
12.16.5 SWOT Analysis
12.16.6 Key Developments
12.17 United Barcode Systems
12.17.1 Key Facts
12.17.2 Business Description
12.17.3 Products and Services
12.17.4 Financial Overview
12.17.5 SWOT Analysis
12.17.6 Key Developments
12.18 Videojet Technologies, Inc.
12.18.1 Key Facts
12.18.2 Business Description
12.18.3 Products and Services
12.18.4 Financial Overview
12.18.5 SWOT Analysis
12.18.6 Key Developments
12.19 Weber Marking Systems GmbH
12.19.1 Key Facts
12.19.2 Business Description
12.19.3 Products and Services
12.19.4 Financial Overview
12.19.5 SWOT Analysis
12.19.6 Key Developments
12.20 Zanasi
12.20.1 Key Facts
12.20.2 Business Description
12.20.3 Products and Services
12.20.4 Financial Overview
12.20.5 SWOT Analysis
12.20.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of TermsLIST OF TABLES
Table 1. Asia Pacific Industrial Inkjet Printers Market Revenue and Forecasts To 2028 (US$ Mn)
Table 2. Australia Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 5. China Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. China Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 7. China Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 8. India Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 9. India Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 10. India Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Asia Pacific Industrial Inkjet Printers Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Asia Pacific Industrial Inkjet Printers Market, by DOD Inkjet Printers – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific Industrial Inkjet Printers Market, by End-User– Revenue and Forecast to 2028 (US$ Million)
Table 20. Glossary of Terms, Asia Pacific Industrial Inkjet Printers MarketLIST OF FIGURES
Figure 1. Industrial Inkjet Printers Market Segmentation
Figure 2. Asia Pacific Industrial Inkjet Printers Market Segmentation – By Country
Figure 3. Industrial Inkjet Printers Market Overview
Figure 4. DOD Inkjet Printers Held the Largest Share of the Industrial Inkjet Printers Market in 2020
Figure 5. Packaging was the Largest End-User Segment of the Industrial Inkjet Printers Market in 2020
Figure 6. China Held Largest Share of North America Industrial Inkjet Printers Market
Figure 7. Industrial Inkjet Printers Industry Market Players
Figure 8. PEST Analysis for APAC Industrial Inkjet Printers Market
Figure 9. Industrial Inkjet Printers Market Impact Analysis of Drivers and Restraints
Figure 10. Industrial Inkjet Printers Market Forecast and Analysis, (US$ Mn)
Figure 11. Industrial Inkjet Printers Market Revenue Share, By Technology (2020 and 2028)
Figure 12. CIJ Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. DOD Inkjet Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. TIJ Printers: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Industrial Inkjet Printers Market Revenue Share, By End-User (2020 and 2028)
Figure 17. Food and Beverages: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Automobile: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Packaging: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Cosmetic: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Medical: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: Industrial Inkjet Printers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Asia Pacific: Industrial Inject Printers Market, by Key Country – Revenue (2020) (USD Million)
Figure 24. Asia Pacific: Industrial Inkjet Printers Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. Australia: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. China: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. India: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Japan: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 30. Rest of Asia Pacific: Industrial Inkjet Printers Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic on Industrial Inkjet Printers Market in the Asia Pacific- Anser Coding Inc.
- Beijing Hi-Pack Coding Ltd.
- Citronix Inc.
- Control Print Ltd.
- Hitachi Industrial Equipment Systems Co., Ltd.
- EBS Ink-Jet Systeme
- Koenig & Bauer Coding GmbH
- Domino Printing Sciences Plc
- ITW Company
- Keyence Corporation
- Kortho
- Leibinger Group
- Linx Printing Technologies
- Markem-Imaje
- Matthews Marking Systems
- Squid Ink Manufacturing
- United Barcode Systems
- Videojet Technologies, Inc.
- Weber Marking Systems GmbH
- Zanasi
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific industrial inkjet printers market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific industrial inkjet printers market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific industrial inkjet printers market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution