Global Specialty Printing Consumables Market Overview
Global Specialty Printing Consumables Market was valued at USD 101.98 Billion in 2023 and is expected to reach USD 125.03 Billion by the year 2032, at a CAGR of 2.58% (2024-2032)
The specialty printing consumables market caters to a wide range of industries, including packaging, advertising, textiles, and publishing, among others. These consumables encompass products such as inks, toners, coatings, and specialty substrates designed for high-quality, customized printing applications. The demand for specialty printing consumables is driven by the growing need for personalization in marketing materials, packaging designs, and branding initiatives across sectors. Additionally, the rising trend toward sustainable and eco-friendly printing solutions has led manufacturers to develop consumables that are environmentally responsible, offering biodegradable and recyclable options.
Technological advancements in digital and 3D printing have further expanded the scope of the specialty printing consumables market. Industries are increasingly adopting innovative printing techniques to create unique and high-definition outputs, propelling the demand for premium consumables. The market's growth is also supported by the e-commerce boom, which fuels the need for high-quality printed packaging and labeling. As industries continue to focus on precision and aesthetic appeal in their printed materials, the specialty printing consumables market is expected to witness steady expansion in the coming years.
Market Dynamics and Factors for the Specialty Printing Consumables Market
Drivers:
Growing the application of specialty printing in professional service firms, institutions, and offices for large-scale printing requirements is anticipated to stimulate the market during the forecast period. Moreover, advancements in the media and advertising sectors are projected to trigger the applications of new printing technologies, which include 3D printers, specialty printer ink, and other eco-friendly products in the market.
Additionally, manufacturers of specialty printers have launched products such as advanced printer inks with inventive technology for lithography, flexography, and rotogravure. Modern machinery and software solutions in the printing industry have helped printing service suppliers and their end-users in gaining cost reduction and low wastage of raw materials. It has entitled them to execute complex printing projects in the printing production process.
Growth in the textile printing industry is probably to trigger the application of digital printing technology in the market throughout the forecast period. An increase in the industrial and IT sectors is expected to turn demand for specialty printing consumables needed for business communication activities in their business processes.
The market is also rising owing to increased utilization from commercial printing applications, such as advertisements, magazines, periodicals, newspapers, and labels. Dry toners are used in printer cartridges, although liquid toners are consumed in industrial printing. Toners are being extensively used in fax machines, laser printers, and copiers. This aids in rising demand for the product from different regions.
Restraints:
Accessibility of low-priced substitutes is a key restrain of the specialty printing substrates market. In addition, the penetration of less time-consuming and economical products probably poses a threat to the specialty printing consumables market.
Opportunities:
Ink, toners, chemicals, and specialty substrates are the major products of the global Specialty Printing Consumables market. These products produce an application in various industries. Increased applications of these products in offices and other institutes indicate the opportunity for penetration of new players to accomplish the rising requirement. Commercial printing, publishing, and consumer and packaging are some of the major sectors that cater to great avenues for the growth of the global Specialty Printing Consumables market. While liquid toners find applications in industrial printing, dry toners are used in printer cartridges. Rising usages of toners in copiers, laser printers, and fax machines are expected to accelerate the Specialty Printing Consumables market growth.
Furthermore, some vendors are surging investments in research activities. The main motive of this move is to provide superior quality products for consumers. These leads are anticipated to push the global Specialty Printing Consumables market in the upcoming years. For, instance, Xerox Corporation, Eastman Kodak Co., DIC Corporation, HP, and Canon Inc. are some of the major suppliers in this market.
Market Segmentation
Segmentation Analysis of Specialty Printing Consumables Market:
Based on Product Type, the ink product segment is expected to dominate the market during the forecast period. The typical inkjet printer utilizes fluid ink to produce text and pictures and has a larger market compared to other types of printers available. Dye-based inks are utilized for print ATM receipts as the ink is lower cost and the printed text disappears over time. Therefore, applications such as these will increase the growth of printing ink in the forecast period.
Based on Applications, the office and professional application segment are registering the maximum market share due to heavy requirements on an everyday basis has helped to an increased demand for specialty printing consumables in this category. Furthermore, with the growing younger population, the number of schools and colleges is also on the rise. This would help to a higher demand for printed study material thereby increasing the growth.
Based on the Printing Process, lithographic printing, as well as digital printing, will expect to continue to have a remarkable influence on the Specialty Printing Consumables market, be it specialty substrates, toners, inks, and chemicals.
Based on the Distribution Channel, the online segment is expected to grow at a significant market share. The online segment is rising owing to the growing infiltration of the internet in developing economies. The spout in the adoption of online shopping and e-commerce is also influencing the growth of the market positively. Online shopping caters significance such as easy comparison of various products, convenience, reasonable prices, and availability to a larger portfolio of information and products. Furthermore, the offline segment holds a maximum share in the specialty printing consumables market, but there is a significant change from the offline to the online segment. The COVID-19 pandemic has influenced production, which has helped to a maximum consumer base preferring for online stores. Consumers are purchasing from online stores after realizing the significance of the platform.
Regional Analysis of Specialty Printing Consumables Market:
North America is expected to dominate the specialty printing consumables market, driven by strong demand from industries such as packaging, advertising, and publishing. The region’s focus on innovation and high-quality printing has led to widespread adoption of specialty inks, toners, and substrates that cater to the growing need for personalized and visually appealing materials. The rise in e-commerce and the subsequent increase in demand for customized packaging and labeling further bolster the market in North America. Additionally, the shift toward sustainable printing solutions has prompted manufacturers to develop eco-friendly consumables, contributing to the market's growth in the region.
The U.S., in particular, leads the North American market, benefiting from a well-established printing industry and continuous advancements in digital and 3D printing technologies. As industries increasingly seek high-definition and precision printing solutions, the demand for specialty consumables continues to rise. With a robust focus on sustainability and innovation, North America is poised to maintain its leadership position in the global specialty printing consumables market for the foreseeable future.
Players Covered in Specialty Printing Consumables Market are:
- Canon Inc.
- Sun Chemical Corporation
- Saati S.p.A.
- H.P. Development Co.
- Siegwerk Druckfarben AG & Co. KgaA
- DIC Corporation
- Xerox Corporation
- Fuji Photo Film Company Limited
- Hewlett-Packard Development Company LP
- Sun Chemical Corp.
- Eastman Kodak Company
- Lexmark International, Inc.
- Marabu GmbH & Co. KG
- Nazdar Ink Technologies
Key Industry Developments in Specialty Printing Consumables Market
- In July 2019, H.P. declared that it would invest USD 500 Million in India for the growth and its operations and to starting production in the country. H.P. also declared that it would expand a new plant in the city of Bengaluru that would have the capacity to house 10,000 employees. This aids in market growth, as H.P. would be able to serve a larger consumer base through this expansion.
- In June 2019, Xerox. Corp acquired Rabbit Office Automation, a California-based copy machine provider. This would allow Xerox to extend its local footprint and to cater to its customers with the industry's most comprehensive providing portfolio.
Global Specialty Printing Consumables Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 101.98 Bn. |
Forecast Period 2024-32 CAGR: |
2.58% |
Market Size in 2032: |
USD 125.03 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Distribution Channels |
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By Printing Process |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By Distribution Channels
3.4 By Printing Process
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Specialty Printing Consumables Market by Type
5.1 Specialty Printing Consumables Market Overview Snapshot and Growth Engine
5.2 Specialty Printing Consumables Market Overview
5.3 Ink
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Ink: Grographic Segmentation
5.4 Toner
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Toner: Grographic Segmentation
5.5 Specialty Substrate
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Specialty Substrate: Grographic Segmentation
5.6 Chemicals
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Chemicals: Grographic Segmentation
Chapter 6: Specialty Printing Consumables Market by Application
6.1 Specialty Printing Consumables Market Overview Snapshot and Growth Engine
6.2 Specialty Printing Consumables Market Overview
6.3 Office & Professional Application
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Office & Professional Application: Grographic Segmentation
6.4 Commercial Printing & Publishing Application
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Commercial Printing & Publishing Application: Grographic Segmentation
6.5 Other
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Other: Grographic Segmentation
Chapter 7: Specialty Printing Consumables Market by Distribution Channels
7.1 Specialty Printing Consumables Market Overview Snapshot and Growth Engine
7.2 Specialty Printing Consumables Market Overview
7.3 Online
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Online: Grographic Segmentation
7.4 Offline
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Offline: Grographic Segmentation
Chapter 8: Specialty Printing Consumables Market by Printing Process
8.1 Specialty Printing Consumables Market Overview Snapshot and Growth Engine
8.2 Specialty Printing Consumables Market Overview
8.3 Lithographic Printing
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Lithographic Printing: Grographic Segmentation
8.4 Flexographic Printing
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Flexographic Printing: Grographic Segmentation
8.5 Rotogravure Printing
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2017-2032F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Rotogravure Printing: Grographic Segmentation
8.6 Digital Printing
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2017-2032F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Digital Printing: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Specialty Printing Consumables Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 Specialty Printing Consumables Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Specialty Printing Consumables Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 CANON INC.
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 SUN CHEMICAL CORPORATION
9.4 SAATI S.P.A.
9.5 H.P. DEVELOPMENT CO.
9.6 SIEGWERK DRUCKFARBEN AG & CO. KGAA
9.7 DIC CORPORATION
9.8 XEROX CORPORATION
9.9 FUJI PHOTO FILM COMPANY LIMITED
9.10 HEWLETT-PACKARD DEVELOPMENT COMPANY LP
9.11 SUN CHEMICAL CORP.
9.12 EASTMAN KODAK COMPANY
9.13 LEXMARK INTERNATIONAL INC.
9.14 MARABU GMBH & CO. KG
9.15 NAZDAR INK TECHNOLOGIES
9.16 OTHER MAJOR PLAYERS
Chapter 10: Global Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Type
10.2.1 Ink
10.2.2 Toner
10.2.3 Specialty Substrate
10.2.4 Chemicals
10.3 Historic and Forecasted Market Size By Application
10.3.1 Office & Professional Application
10.3.2 Commercial Printing & Publishing Application
10.3.3 Other
10.4 Historic and Forecasted Market Size By Distribution Channels
10.4.1 Online
10.4.2 Offline
10.5 Historic and Forecasted Market Size By Printing Process
10.5.1 Lithographic Printing
10.5.2 Flexographic Printing
10.5.3 Rotogravure Printing
10.5.4 Digital Printing
Chapter 11: North America Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Ink
11.4.2 Toner
11.4.3 Specialty Substrate
11.4.4 Chemicals
11.5 Historic and Forecasted Market Size By Application
11.5.1 Office & Professional Application
11.5.2 Commercial Printing & Publishing Application
11.5.3 Other
11.6 Historic and Forecasted Market Size By Distribution Channels
11.6.1 Online
11.6.2 Offline
11.7 Historic and Forecasted Market Size By Printing Process
11.7.1 Lithographic Printing
11.7.2 Flexographic Printing
11.7.3 Rotogravure Printing
11.7.4 Digital Printing
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Ink
12.4.2 Toner
12.4.3 Specialty Substrate
12.4.4 Chemicals
12.5 Historic and Forecasted Market Size By Application
12.5.1 Office & Professional Application
12.5.2 Commercial Printing & Publishing Application
12.5.3 Other
12.6 Historic and Forecasted Market Size By Distribution Channels
12.6.1 Online
12.6.2 Offline
12.7 Historic and Forecasted Market Size By Printing Process
12.7.1 Lithographic Printing
12.7.2 Flexographic Printing
12.7.3 Rotogravure Printing
12.7.4 Digital Printing
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Ink
13.4.2 Toner
13.4.3 Specialty Substrate
13.4.4 Chemicals
13.5 Historic and Forecasted Market Size By Application
13.5.1 Office & Professional Application
13.5.2 Commercial Printing & Publishing Application
13.5.3 Other
13.6 Historic and Forecasted Market Size By Distribution Channels
13.6.1 Online
13.6.2 Offline
13.7 Historic and Forecasted Market Size By Printing Process
13.7.1 Lithographic Printing
13.7.2 Flexographic Printing
13.7.3 Rotogravure Printing
13.7.4 Digital Printing
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Ink
14.4.2 Toner
14.4.3 Specialty Substrate
14.4.4 Chemicals
14.5 Historic and Forecasted Market Size By Application
14.5.1 Office & Professional Application
14.5.2 Commercial Printing & Publishing Application
14.5.3 Other
14.6 Historic and Forecasted Market Size By Distribution Channels
14.6.1 Online
14.6.2 Offline
14.7 Historic and Forecasted Market Size By Printing Process
14.7.1 Lithographic Printing
14.7.2 Flexographic Printing
14.7.3 Rotogravure Printing
14.7.4 Digital Printing
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Specialty Printing Consumables Market Analysis, Insights and Forecast, 2017-2032
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Ink
15.4.2 Toner
15.4.3 Specialty Substrate
15.4.4 Chemicals
15.5 Historic and Forecasted Market Size By Application
15.5.1 Office & Professional Application
15.5.2 Commercial Printing & Publishing Application
15.5.3 Other
15.6 Historic and Forecasted Market Size By Distribution Channels
15.6.1 Online
15.6.2 Offline
15.7 Historic and Forecasted Market Size By Printing Process
15.7.1 Lithographic Printing
15.7.2 Flexographic Printing
15.7.3 Rotogravure Printing
15.7.4 Digital Printing
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global Specialty Printing Consumables Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 101.98 Bn. |
Forecast Period 2024-32 CAGR: |
2.58% |
Market Size in 2032: |
USD 125.03 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Distribution Channels |
|
||
By Printing Process |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
||
Key Opportunities: |
|
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Specialty Printing Consumables Market research report is 2022-2028.
Canon Inc., Sun Chemical Corporation, Saati S.p.A., H.P. Development Co., Siegwerk Druckfarben AG & Co. KgaA, DIC Corporation, Xerox Corporation, Fuji Photo Film Company Limited, Hewlett-Packard Development Company LP, Sun Chemical Corp., Eastman Kodak Company, Lexmark International, Inc., Marabu GmbH & Co. KG, Nazdar Ink Technologies, and Other Major Players.
Specialty Printing Consumables Market is segmented into Type, Application, Distribution Channels, Printing Process and region. By Type, the market is categorized into Ink, Toner, Specialty Substrate, Chemicals. By Application, the market is categorized into Office & Professional Application, Commercial Printing & Publishing Application, Other. By Distribution Channel, the market is categorized into Online Retailing, Mass Retailers, and Direct Selling. By Printing Process Market is segmented into Lithographic Printing, Flexographic Printing, Rotogravure Printing, and Digital Printing. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Printing is executed on any material except paper referred to as specialty printing. Inks, toners, specialty substrates, and chemicals are some of the consumables utilized for specialty printing.
Global Specialty Printing Consumables Market was valued at USD 96.91 Billion in 2021 and is expected to reach USD 115.83 Billion by the year 2028, at a CAGR of 2.58%.