The large format printer market is expected to witness a 5.5% CAGR during the forecast period. Large format printers are operated to print materials that are too large to be printed on the most commonly available sizes of commercial printing presses. Large format printing necessitates the use of specialized production equipment that can accept print dimensions that are larger than conventional. Banners, posters, trade fair graphics, wallpapers, construction plans, and vehicle images are just a few of the applications for large format printers. The rise in demand for large format printing in industries like textiles, packaging, and advertising, as well as the availability of mobile advertising and printing services that allow consumers to print documents directly from their phones or other wireless devices, are driving the large format printer market. Large and small-medium enterprises utilize large format printers to promote their business in order to attract potential customers in their local area. As a result, the need for large format printers has never decreased, and they are an important part of many businesses marketing strategies. With a direct-to-garment printer that allows for on-demand printing of t-shirts as well as large, unique goods to diversify products and profitability, these printers offer productivity, adaptability, and flexibility. Nevertheless, the increased prominence of dye-sublimation printing will create opportunities in the large format printer market.
Canon has introduced a new product in the large format printing industry in September 2021. PROGRAF GP Series Aqueous Pigment Fluorescent Pink Ink is the world's first Aqueous Pigment Fluorescent Pink Ink designed for high-value-added output and graphics applications.
The COVID-19 pandemic has reduced consumer and corporate spending, stringent lockdowns, disruption in the supply chain, closure of SMEs, declining demand from end-user verticals, resulting in hampering the growth of the large format printer market.
Browse 81 market data Tables and 51 Figures spread through 250 Pages and in-depth TOC on " Large Format Printer Market by Offering (Printers, RIP Software, and After-Sales Service), by Material (Porous Materials and Non-Porous Materials), by Print Width (11" To 24", 24 To 36”, 34" To 44", 44" To 60", 60" To 72", and Above 72"), by Ink Type (Aqueous, Solvent, UV-Curable, Dye Sublimation, Latex, and Others), by Printing Technology (Inkjet Printing (Thermal Inkjet Technology, Electrostatic Inkjet Technology, Crystal-Based Technology, and Others), and Toner-Based Printing (Laser Systems)), by Application (Apparel and Textile, Signage, Advertising, Decor, CAD and Technical Printing, Construction, and Others), and Region - Global Forecast to 2027"
By ink type, the UV curable ink is anticipated to have significant growth during the forecast period.
The growing acceptance of UV curable ink for large format printers in order to print robust images that can be applied to a variety of substrates such as foam board, glass, wood, and cardboard, as well as the prominence of these printers due to features such as large color touchscreens that aid in the configuration of connectivity options in printers are driving the growth of the large format printer market. The usage of these printers, particularly in workplaces with employees who have poor eyesight or lack knowledge of printing technology, is influenced by their ease of understanding and operating, as well as their performance capability to print in the required quantity and withstand extreme environmental conditions without fading.
Global Large Format Printer Market Segmentation Analysis
Segment |
Categorization |
Leading Category |
Offering |
Printers, RIP Software, and After-Sales Service |
RIP Software (Significant Growth) |
Material |
Porous Materials and Non-Porous Materials |
Porous Materials (Fastest) |
Print Width |
11" To 24", 24" To 36”, 34" To 44", 44" To 60", 60" To 72", and Above 72" |
24 To 36” (Highest) |
Ink Type |
Aqueous, Solvent, UV-Curable, Dye Sublimation, Latex, and Others |
UV-Curable (Largest) |
Printing Technology |
Inkjet Printing (Thermal Inkjet Technology, Electrostatic Inkjet Technology, Crystal-Based Technology, and Others), and Toner-Based Printing (Laser Systems) |
Inkjet Printing (Highest) |
Application |
Apparel and Textile, Signage, Advertising, Decor, CAD and Technical Printing, Construction, and Others |
Signage (Fastest) |
Region |
North America, Europe, Asia-Pacific, and Rest of the World |
North America (Largest) Asia-Pacific (Fastest) |
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“APAC to have a significant growth during 2021-2027.”
APAC is anticipated to have significant growth during the forecast period owing to the presence of leading providers like Canon, Epson, Mimaki, etc., economic growth and adaptability in emerging economies like China, India, and Japan, Technological advancements to produce better quality printed having enhanced quality will propel the growth in the region. APAC also produces a significant amount of garments and textiles, which is predicted to continue to increase in this region. Large format printers are expected to see significant growth in advertising and signage applications in India, owing to the country's rising economy.
Some of the major players in the global Large Format Printer market include Seiko Epson Corporation, HP Development Company, L.P., Canon Inc., Ricoh USA, Inc., Konica Minolta, Inc., Agfa-Gevaert Group, Xerox Corporation, FUJIFILM Holdings Corporation, MIMAKI ENGINEERING CO., LTD., Oki Electric Industry Co., Ltd.
Scope of the Report
Report Metric |
Details |
Market Size Available for the Years in the Study |
2015–2027 |
Historical Period |
2015–2020 |
Base Year |
2020 |
Forecast Period |
2021–2027 |
Segments Covered in the Study |
Offering, Material, Print Width, Ink Type, Printing Technology, Application, and Region |
Geographies Covered in the Study |
North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.) |
Companies Covered in the Study |
Seiko Epson Corporation, HP Development Company, L.P., Canon Inc., Ricoh USA, Inc., Konica Minolta, Inc., Agfa-Gevaert Group, Xerox Corporation, FUJIFILM Holdings Corporation, MIMAKI ENGINEERING CO., LTD., Oki Electric Industry Co., Ltd. |
Global Large Format Printer Market Coverage
Offering Insight and Forecast 2015-2027
Material Insight and Forecast 2015-2027
Print Width Insight and Forecast 2015-2027
Ink Type Insight and Forecast 2015-2027
Printing Technology Insight and Forecast 2015-2027
Application Insight and Forecast 2015-2027
Geographical Segmentation
Large Format Printer Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)