Expanding Packaging and Textile Industries Drive Global Demand for Specialty Printing Consumables
Wednesday, October 11, 2023
DUBLIN, Oct. 3, 2023 /PRNewswire/ -- The "Specialty Printing Consumables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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The global market for Specialty Printing Consumables, estimated at US$37.5 billion in 2022, is poised for significant growth, projected to achieve a revised size of US$53.3 billion by 2030, with a steady CAGR of 4.5% over the analysis period spanning from 2022 to 2030.
Among the segments analyzed in the report, Toners are expected to record a 4.5% CAGR, reaching a market size of US$19 billion by the end of the analysis period. The Specialty Substrates segment is also showing promise with an estimated 5% CAGR for the next 8-year period.
U.S. Market Estimated at $10.7 Billion, China Forecasted to Grow at 5.5% CAGR
In the U.S., the Specialty Printing Consumables market is estimated at US$10.7 billion in 2022. Meanwhile, China, the world's second-largest economy, is forecasted to reach a projected market size of US$7.1 billion by 2030, exhibiting a robust CAGR of 5.5% over the analysis period from 2022 to 2030. Other noteworthy geographic markets include Japan and Canada, each expected to grow at 3.6% and 4.4%, respectively, over the 2022-2030 period. Within Europe, Germany is forecasted to grow at an approximate CAGR of 3.7%.
Key Competitors in the Specialty Printing Consumables Market
The report identifies key competitors in the Specialty Printing Consumables market, including 3M Company, Agfa-Gevaert NV, Altana AG, Alden & Ott Printing Inks Co., BCM Inks, A. M. Ramp & Co. GmbH (RUCO Druckfarben), Acorn Screen Products Ltd., ACTEGA North America, Inc., American Water Graphics, Inc., AMEX Srl, Antonine Printing Inks Ltd., Apollo Colours Ltd., AS Inc Co., Ltd., Atlantic Printing Ink Company, AlphaCard, and many others.
Economic Outlook and Market Landscape
The global economic outlook is displaying signs of improvement, with growth recovery anticipated in the near term. While the United States has experienced slowing GDP growth due to tight monetary and financial conditions, it has successfully overcome recession threats. In the Euro area, easing headline inflation is boosting real incomes and contributing to an upswing in economic activity. China is expected to witness robust GDP growth as the pandemic threat diminishes, and the government adjusts its policy stance. India is also on track to emerge as a trillion-dollar economy by 2030, surpassing Japan and Germany.
Nonetheless, various challenges persist, including uncertainty surrounding the Ukraine conflict, slower-than-expected global headline inflation decline, ongoing food and fuel inflation in developing nations, and elevated retail inflation impacting consumer confidence and spending. Governments worldwide are addressing these challenges, which are impacting market sentiments. Efforts to combat inflation through interest rate hikes may affect job creation and economic activity. Additionally, a stricter regulatory environment and increased pressure to incorporate climate change considerations into economic decisions add complexity to the challenges faced.
While corporate investments may face headwinds due to inflation concerns and weaker demand, the emergence of new technologies such as generative AI, applied AI, industrialized machine learning, next-generation software development, Web3, cloud and edge computing, quantum technologies, electrification, renewables, and climate technologies presents opportunities for global GDP growth.
What's New in the Report?
-- Special discussions on the global economic climate and market sentiment.
-- Coverage on global competitiveness and key competitor market shares.
-- Market presence analysis across multiple geographies.
-- Online interactive peer-to-peer collaborative bespoke updates.
-- Access to digital archives and trademarked research platform.
-- Complimentary updates for one year.
-- Access to curated YouTube video transcripts featuring insights from
CEOs, domain experts, and market influencers via interviews, podcasts,
press statements, and event keynotes.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Specialty Printing Consumables - Global Key Competitors Percentage
Market Share in 2022 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Impact of COVID-19 Pandemic and Looming Global Recession
-- 2020: A Year of Disruption & Transformation
-- As the Race between the Virus & Vaccines Intensifies, Where is the World
Economy Headed in 2021?
-- World Economic Growth Projections (Real GDP, Annual % Change) for 2020
through 2022
-- Pandemic Disrupts the Printing Industry, Affecting Demand for Specialty
Printing Consumables
-- Supply Shortages Impact Printing Industry
-- An Introduction to Specialty Printing Consumables
-- Categories of Specialty Printing Consumables
-- Specialty Printing Inks
-- Types of Specialty Inks
-- Toners
-- Specialty Substrates
-- Specialty Printing Chemicals
-- Global Market Prospects & Outlook
-- Toners Lead the Global Specialty Printing Consumables Market
-- Office & Professional Segment to Continue Driving Growth in the Market
-- Developing Economies Present Considerable Growth Opportunity
-- Competition
-- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
-- Advancements in Printing Technologies Fuel Market Opportunities
-- Notable Trends in the Post-Pandemic Specialty Printing Industry to
Impact Growth Dynamics
-- Textile Industry Dynamics Set the Tone for Specialty Printing
Consumables Demand
-- Global Textile Printing Market by Geographic Region: Annual Production
in Thousand Square Meters for Years 2020 and 2027
-- Ink Chemistries Holds Key in Textile Printing Growth
-- Textile Sector Remains Adversely Impacted by the COVID-19 Outbreak
-- US Consumer % Change in Retail Spending on Apparel: Feb 2020-May 2020
-- COVID-19 Unwinds & Accelerates Disruptive Changes within Textile
Printing Industry
-- Digital Textile Printing Takes Wing in the Crisis Moment
-- Textile Printing Industry Strives to Become More Sustainable, Affecting
Market Prospects
-- Expanding Packaging Industry Presents Significant Opportunities for
Specialty Printing Consumables Market
-- Global Packaging Printing Market Breakdown (in %) by Type for 2020
-- Packaging Industry Confronts Testing Times Amidst the COVID-19 Pandemic
-- Smart Labels Gain Traction in Packaging Industry
-- Food Packaging Emerges as a Key Sector for Specialty Printing
Consumables
-- Global Packaged Food Sales in US$ Trillion for 2015, 2017, 2019, 2021 &
2023
-- Specialty Printing Grows in Importance for Marketing, Driving Market
Gains
-- Printing Needs of Small Offices and Large Corporates Ensure Stable
Demand for Consumables
-- Home and Office EP Print Volumes (in Billions) in the US for 2019
through 2021
-- Home and Office EP Print Volumes (in Billions) in Western Europe for
2019 through 2021
-- Product Traceability and Anti-Counterfeiting Measures Build Potential
for Specialty Printing Consumables
-- Concerns over Counterfeiting and Diversions Drives Global Brands to
Adopt Advanced Solutions
-- Global Sales Losses due to Counterfeit Goods (in Euro Billion) by Retail
Sector for 2020E
-- Global Counterfeit Goods Market by Country: Percentage Breakdown of
Goods Value Seized by Country of Copyright Owner
-- Emergence of Food-Grade Inks for Direct Printing on Food
-- Addressing Ink-related Obstacles of High-Speed Coding for Primary
Packaging
-- Labeling & Serialization Equipment Benefit from Increased Focus on
Preventing Counterfeiting of Drugs
-- Global Number of Pharmaceutical Counterfeiting Incidents for Years 2000,
2005, 2010, 2015, 2019 & 2022
-- Pharmaceutical Companies Prefer Innovative Inks with Superior Water
Fastness
-- Electronics Industry Impacts Demand for Specialty Printing Consumables
-- Evolving Market for High-Speed Inkjet Printing Spurs Growth in Specialty
Printing Substrate Market
-- Global Inkjet Printing Market (in $ Billion) for 2020, 2023 and 2026
-- Inkjet for Commercial Printing: Implications of the COVID-19 Pandemic
-- Innovations in Ink Development: A Review
-- Transition Towards a Green Future
-- Focus on Digital Inks
-- Metallic Inks Witness Vibrant Growth
-- Specialty & Synthetic Papers: Potential for Growth
-- Water-Based Inks Turning Popular
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/hu1dgw
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