Product Code: GVR-4-68040-278-0
Large Format Printer Market Growth & Trends:
The global large format printer market size is anticipated to reach USD 12.70 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 5.0% from 2024 to 2030. The demand for large format printers is increasing across numerous industries, such as advertising, packaging, textiles, and decor. Companies utilize large format printers for out-of-home advertising efforts, signage, banners, and building wraps to attract target audiences and boost sales revenue. The increasing adoption of UV-curable inks has significantly impacted the market. UV-curable inks offer benefits such as quick drying, outdoor durability, and reduced operating costs. It has increased productivity and decreased ink usage, driving the market demand.
Technological advancements in printing technology, including improved ink formulations, print head designs, and color management systems, enhance the capabilities and versatility of large format printers, driving adoption across numerous industries. In addition, the increasing demand for visually compelling and dynamic advertising displays and the rise of digital marketing initiatives fuels the adoption of producing signage, banners, and posters. Moreover, the growing trend of customization and personalization in marketing strategies contributes to expanding the market. Businesses seek versatile printing solutions for variable data printing and short print runs.
Large Format Printer Market Report Highlights:
- The ink-based technology segment accounted for the highest revenue share of 61.3% in 2023 and is expected to grow at the fastest CAGR over the forecast period. This growth is attributed to advancements in ink technology and the increasing scope of application opportunities
- The UV-cured ink type segment is expected to grow at the fastest CAGR over the forecast period, driven by its versatility in printing on various substrates, including unconventional materials such as glass, ceramics, and metal, broadening its application possibilities
- The porous materials segment accounted for the largest revenue share in 2023 as new printing technologies such as UV-curable inkjet printing, dye-sublimation printing, and latex printing provide high-quality prints on porous materials. These technologies enable the production of high-quality prints on porous materials, offering enhanced speed and efficiency
- The wired materials segment accounted for the largest revenue share in 2023 due to its versatility and cost-effectiveness. These materials cater to diverse applications such as signage, banners, and posters with superior print quality and durability
- The 24" - 36" print width segment accounted for the largest revenue share in 2023 due to the expanding demand from small and medium-sized businesses seeking cost-effective and versatile printing solutions for signage, CAD drawings, and promotional materials
- The CAD & technical printing application segment is anticipated to witness significant growth during the forecast period due to the increasing adoption of digitalization in the architectural, engineering, and construction industries
- North America dominated the market with a revenue share of 34.4% in 2023 due to the increasing demand for personalized and customized printing solutions in sectors such as retail, events, and interior design, where large format printers offer the capability to produce high-resolution graphics and imagery on a variety of substrates
- In March 2022, MIMAKI ENGINEERING CO., LTD launched the 330 Series, a large format printer series. The series includes CJV330-160, TS330-1600, and JV330-160, along with a new range of CG-AR cutting plotters. The CG-AR Series offers cutting plotter technologies in three sizes. The launch aims to expand Mimaki's entry-level and high-end product range to support customers in increasing their printing services and product offerings.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Technology
- 1.2.2. Ink Type
- 1.2.3. Printing Material
- 1.2.4. Connectivity
- 1.2.5. Print Width
- 1.2.6. Application
- 1.2.7. Regional Scope
- 1.2.8. Estimates and Forecasts Timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Information Procurement
- 1.4.2. Information or Data Analysis
- 1.4.3. Market Formulation & Data Visualization
- 1.4.4. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.5.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Technology Outlook
- 2.2.2. Ink Type Outlook
- 2.2.3. Printing Material Outlook
- 2.2.4. Connectivity Outlook
- 2.2.5. Print Width Outlook
- 2.2.6. Application Outlook
- 2.3. Competitive Insights
Chapter 3. Large Format Printer Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Rising demand from packaging, advertising, and textile industries
- 3.2.1.2. Printer and ink-based advancements
- 3.2.2. Market restraint analysis
- 3.2.2.1. Regulatory high initial investments and operating costs
- 3.2.3. Market opportunity analysis
- 3.2.3.1. Increasing focus on manufacturing budget-friendly printers with advanced features
- 3.2.3.2. The growing adoption of large format printers in home furnishing, decor
- 3.3. Large Format Printer Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Large Format Printer Market: Technology Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Global Large Format Printer Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Ink-Based
- 4.3.1. Ink-Based Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 4.4. Toner-Based
- 4.4.1. Toner-Based Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 5. Large Format Printer Market: Ink Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Global Large Format Printer Market: Ink Type Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Aqueous Ink
- 5.3.1. Aqueous Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 5.4. Solvent Ink
- 5.4.1. Solvent Ink Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 5.5. UV Cured Ink
- 5.5.1. UV Curved Ink Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 5.6. Latex Ink
- 5.6.1. Latex Ink Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 5.7. Dye Sublimation Ink
- 5.7.1. Dye Sublimation Ink Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 6. Large Format Printer Market: Printing Materials Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Global Large Format Printer Market: Printing Materials Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Porous Materials
- 6.3.1. Porous Materials Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 6.4. Non-porous Materials
- 6.4.1. Non-porous Materials Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 7. Large Format Printer Market: Connectivity Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Global Large Format Printer Market: Connectivity Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Wired
- 7.3.1. Wired Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 7.4. Wireless
- 7.4.1. Wireless Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 8. Large Format Printer Market: Print Width Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Global Large Format Printer Market: Print Width Movement Analysis, 2023 & 2030 (USD Million)
- 8.3. 17"- 24"
- 8.3.1. 17"- 24" Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 8.4. 24"- 36"
- 8.4.1. 24"- 36" Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 8.5. 36"- 44"
- 8.5.1. 36"- 44" Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 8.6. 44"- 60"
- 8.6.1. 44"- 60" Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 8.7. 60"- 72"
- 8.7.1. 60"- 72" Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 8.8. 72" and Above
- 8.8.1. 72" and Above Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 9. Large Format Printer Market: Application Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Global Large Format Printer Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 9.3. Apparel & Textile
- 9.3.1. Apparel & Textile Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 9.4. Signage & Advertising
- 9.4.1. Signage & Advertising Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 9.5. Decor
- 9.5.1. Decor Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 9.6. CAD & Technical Printing
- 9.6.1. CAD & Technical Printing Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 9.7. Others
- 9.7.1. Others Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 10. Large Format Printer Market: Regional Estimates & Trend Analysis
- 10.1. Large Format Printer Market Share, By Region, 2023 & 2030 (USD Million)
- 10.2. North America
- 10.2.1. North America Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.2.2. U.S.
- 10.2.2.1. U.S. Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.2.3. Canada
- 10.2.3.1. Canada Large Format Printer Mar Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.3. Europe
- 10.3.1. Europe large format printer market estimates and forecasts 2017 to 2030 (USD Million)
- 10.3.2. UK
- 10.3.2.1. UK Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.3.3. Germany
- 10.3.3.1. Germany Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.3.4. France
- 10.3.4.1. France Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4.2. Japan
- 10.4.2.1. Japan Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4.3. China
- 10.4.3.1. China Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4.4. India
- 10.4.4.1. India Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4.5. Australia
- 10.4.5.1. Australia Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.4.6. South Korea
- 10.4.6.1. South Large Format Printer Korea Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.5. Latin America
- 10.5.1.1. Latin America Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.5.2. Brazil
- 10.5.2.1. Brazil Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.5.3. Mexico
- 10.5.3.1. Mexico Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.6. MEA
- 10.6.1.1. MEA Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.6.2. South Africa
- 10.6.2.1. South Africa Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.6.3. KSA
- 10.6.3.1. KSA Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
- 10.6.4. UAE
- 10.6.4.1. UAE Large Format Printer Market Estimates and Forecasts 2017 to 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Recent Developments & Impact Analysis, By Key Market Participants
- 11.2. Company/Competition Categorization
- 11.3. Company Market Positioning
- 11.4. Company Heat Map Analysis
- 11.5. Strategy Mapping
- 11.5.1. Expansion
- 11.5.2. Mergers & Acquisition
- 11.5.3. Partnerships & Collaborations
- 11.5.4. New Product Launches
- 11.5.5. Research And Development
- 11.6. Company Profiles
- 11.6.1. ARC Document Solutions, LLC
- 11.6.1.1. Company overview
- 11.6.1.2. Financial performance
- 11.6.1.3. Product benchmarking
- 11.6.1.4. Strategic initiatives
- 11.6.2. Canon Inc.
- 11.6.2.1. Company overview
- 11.6.2.2. Financial performance
- 11.6.2.3. Product benchmarking
- 11.6.2.4. Strategic initiatives
- 11.6.3. Dover Corporation
- 11.6.3.1. Company overview
- 11.6.3.2. Financial performance
- 11.6.3.3. Product benchmarking
- 11.6.3.4. Strategic initiatives
- 11.6.4. Durst Group AG
- 11.6.4.1. Company overview
- 11.6.4.2. Financial performance
- 11.6.4.3. Product benchmarking
- 11.6.4.4. Strategic initiatives
- 11.6.5. Electronics For Imaging, Inc
- 11.6.5.1. Company overview
- 11.6.5.2. Financial performance
- 11.6.5.3. Product benchmarking
- 11.6.5.4. Strategic initiatives
- 11.6.6. HP Development Company, L.P.
- 11.6.6.1. Company overview
- 11.6.6.2. Financial performance
- 11.6.6.3. Product benchmarking
- 11.6.6.4. Strategic initiatives
- 11.6.7. Konica Minolta Holdings, Inc.
- 11.6.7.1. Company overview
- 11.6.7.2. Financial performance
- 11.6.7.3. Product benchmarking
- 11.6.7.4. Strategic initiatives
- 11.6.8. MIMAKI ENGINEERING CO., LTD.
- 11.6.8.1. Company overview
- 11.6.8.2. Financial performance
- 11.6.8.3. Product benchmarking
- 11.6.8.4. Strategic initiatives
- 11.6.9. Mutoh
- 11.6.9.1. Company overview
- 11.6.9.2. Financial performance
- 11.6.9.3. Product benchmarking
- 11.6.9.4. Strategic initiatives
- 11.6.10. Ricoh
- 11.6.10.1. Company overview
- 11.6.10.2. Financial performance
- 11.6.10.3. Product benchmarking
- 11.6.10.4. Strategic initiatives