Dallas, TX (PRWEB) March 31, 2014
The shift from the adoption of black and white print impressions to color print impressions has resulted in an increase in the demand for high-speed continuous-feed inkjet printers. This in turn has boosted the growth of the Global Printer market. With the adoption of advanced technology printers such as ultra-high volume inkjet printers, the average cost per color impression is likely to drop significantly. Thus, an increase in the demand for color prints is a positive trend that is expected to significantly contribute to the growth of the Global Printer market.
According to the report, one of the major drivers in the market is an increase in demand for inkjet printers. As a result of advancements in inkjet technology and the introduction of specialized inkjet printers such as UV-curable inkjet printers, the Global Inkjet Printer market is currently growing at a rapid rate, driving the growth of the Global Printer market.
Further, the report states that the global economic slowdown is one of the major challenges hindering the growth of the Global Printer market, which itself is directly proportional to the GDP of a country. The slowdown in the global economy has reduced demand for printers, leading to an inventory pile-up in the supply chain. The Eurozone crisis and sluggish economic growth in the APAC region, especially India and Japan, has affected many sectors including the Educational, BFSI, and IT - the major end-users of the Global Printer market.
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Covered in this Report
The report recognizes the following companies as the key players in Global Printer Market: Brother Industries Ltd., Canon Inc., Hewlett-Packard Co., Samsung Electronics Co. Ltd., Seiko Epson Corp, Xerox Corp., Eastman Kodak Co., Konica Minolta Inc., Lexmark International Inc., Ricoh Co. Ltd.
Other Prominent Vendors
Key Market Driver
Key Market Challenge
Key Market Trend
Technological advancements and product innovations are changing the Printing Inks industry. Vendors are investing in the development of new products and technologies to remain competitive in the market. Recent innovations in the Printing Inks market are focused on engineering products with a reduced carbon footprint, greater energy efficiency and better resistance to chemicals such as solvents and cleaners. New innovations such as UV fluid inks, UV-curable inks, and hybrid energy curable inks technologies are in great demand in the industry due to their product functionalities and environmental compliance.
According to the report, one of the major drivers is the increase in demand for eco-friendly inks. Rising environmental concerns are forcing the printing ink manufacturers to develop inks that do not contain heavy metals and that have lower VOC emissions. This has led to the development of eco-friendly inks.
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Further, the report states that one of the major challenges in this market is the supply shortage of raw materials and the rising raw material prices, which is causing increased competition and pricing pressures in the Global Printing Inks market. Geopolitical risks and unstable commodity prices are causing price volatility in oil and feedstock costs, which makes the future of printing ink raw materials unpredictable.
Analysts forecast the Global 3D Printing Materials market to grow at a CAGR of 19.97 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in the number of applications. The Global 3D Printing Materials market has also been witnessing growing demand from 3D printed electronics. However, the high R&D costs could pose a challenge to the growth of this market.
The report recognizes the following companies as the key players in Global Printing Inks Market: DIC Corp., Flint Group, Huber Group, Chemicals Mfg. Co. Ltd. and more.
The Global 3D Printing Materials Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, and the ROW; it also covers the Global 3D Printing Materials market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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