The direct-to-shape inkjet printers market is anticipated to expand significantly during the next few years. The market, which is expected to be worth US$ 3.8 billion in 2022, will increase at a compound annual growth rate (CAGR) of 7.2% to reach US$ 6.6 billion in value by 2030.
The increase in sales is attributable to direct-to-shape inkjet printers’ capacity to satisfy the growing consumer demand for customised goods by printing directly onto containers.
The printing business is undergoing a revolution thanks to direct-to-shape inkjet printers, which outperform traditional printing techniques and provide a variety of applications. These printers enable firms to more effectively communicate with their customers through individualised product packaging by printing graphics and text directly onto tubes, bottles, folding cartons, cans, and other packaging materials.
Compared to traditional printers, direct-to-shape inkjet printers offer superior color blending, high-quality printing, fast printing speeds, and compatibility with multiple substrate types such as glass, metal, and plastic. They also eliminate the need for costly labels, leading to cost reduction in manufacturing. These printers enhance efficiency, reduce material expenses, improve cost-effectiveness, facilitate mass customization, and offer environmental benefits.
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The growing demand for products with intricate designs and customized goods is a key driver for the sales of direct-to-shape inkjet printers in the global market. Additionally, the use of UV curable inks in these printers prevents print quality degradation caused by exposure to UV rays, further contributing to market growth. These factors combined are expected to expand the market for direct-to-shape inkjet printers during the forecast period.
“Rising drive for sustainability and the DTS inkjet printers’ ability to meet this demand due to the use of eco-friendly inks will supplement the growth in the market over the forecast period,” says an FMI analyst.
Key Takeaways:
- Solvent-based ink type in the direct-to-shape inkjet printers market is expected to register a CAGR of 9.6%
- Bottles will account for nearly 26.6% market share in the application category
- Direct-to-Shape inkjet printers account for 7.3% of the inkjet printers’ value of US$ 52.1 Bn.
- North America is estimated to dominate the market with a share of 27.1% in 2022.
- East Asia’s direct-to-shape inkjet printer market will continue growing at a healthy rate of 8.8% market through 2032.
- South Asia will exhibit a robust CAGR of 9.6% over the forecast period.
- Europe is anticipated to record a 23.4% growth rate in the market through 2032.
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Key Players:
- Xerox Corporation
- Heidelberg USA, Inc.
- Mimaki Europe B.V.
- Xaar plc
- Koenig & Bauer AG
- Tonejet Limited
More Insights into the Direct-to-Shape Inkjet Printers Market Report
In its latest report, FMI offers an unbiased analysis of the global direct-to-shape inkjet printers market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and range, the market is segmented based on ink type (solvent-based, water-based, UV curing link), substrate type (plastic, glass, metal, paper, wood, fabric), application (bottles, cans. Drums, tubes, folding cartons, & others), end use (food, beverages, pharmaceuticals, cosmetics, personal & home care, chemical, & others), and region.
By application, bottles are expected to dominate the direct-to-shape inkjet printers market for the forecast period. Estimated to account for nearly 26.6% of market share, bottles are considered absolute barriers which avoid the risk of ink migration. The food and beverages sector much prefers bottles for packaging.
Solvent-based ink type is fade-proof, scratch-resistant, and waterproof. These properties aid market domination of this ink type. It is expected to exhibit a CAGR of 9.6% during the assessment period.
North America is expected to lead the market in terms of region. This is primarily due to the prevalent packaging trends in the U.S.
Regional Outlook:
According to FMI analysis, the U.S. is anticipated to hold 85% of total sales in North America till the year 2030. The fascinating packaging trends by using decorative substrates which have more shapes and curvature such as bottles, jars, cups, and cans by using various materials including glass, plastic, cardboard, metals are gaining high momentum in the U.S. market.
The direct-to-shape inkjet printers market is anticipated to grow at an 11.2% CAGR over the forecast period in India. India is a fast-developing economy as various international brands are investing and growing their businesses. With the boom in e-commerce, garments, FMCG, and retail chains there is a mass market for consumer products packaging in India.
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Direct-To-Shape Inkjet Printers Market By Category
By ink type :
- Solvent Based
- Water Based
- UV Curing Inks
By substrate type :
- Plastic
- Glass
- Metal
- Paper
- Fabric
- Wood
By application :
- Bottles
- Cans
- Drums
- Tubes
- Folding Cartons
- Others (Bags, Trays etc.)
By end use :
- Food
- Beverages
- Pharmaceutical
- Cosmetics
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