The Europe industrial inkjet printers market was valued at US$ 1,984.94 million in 2023 and is expected to reach US$ 3,074.86 million by 2031; it is estimated to register a CAGR of 5.6% from 2023 to 2031.
Government regulations on packaging, mostly regarding labeling, environmental sustainability, and traceability, are significantly growing across numerous sectors. Governments of various countries across the globe are mandating clearer, more detailed labeling on products, including expiration dates, nutritional information, batch numbers, and barcodes. These requirements are particularly stringent in sectors such as food and beverages, consumer goods, chemicals, and pharmaceuticals, where consumer safety is crucial. For instance, in the European Union, food products must comply with Regulation (EU) No 1169/2011, which requires clear labeling of allergens, nutritional content, and expiration dates. Similarly, in the US, the enforcement of the Fair Packaging and Labeling Act (FPLA) is overseen by the Food and Drug Administration (FDA) and by the Federal Trade Commission (FTC). According to the Act, the label on the packaging must contain a declaration of identity; a declaration of responsibility (name and address of packer, manufacturer, or distributor); and a declaration of net quantity, servings, or uses. Industrial inkjet printers ensure regulatory compliance by providing the flexibility, precision, and speed required to meet these evolving standards.
Governments of various countries across the globe are also taking measures to ensure reduced plastic use, recycling, and eco-friendly packaging materials through regulations. As a result, manufacturers use inkjet printers that can print on sustainable materials, such as biodegradable films, paper, and compostable plastics. Also, inkjet printers can use eco-friendly, water-based, or low-VOC (volatile organic compound) inks to meet these requirements. Therefore, the increasing government regulations on packaging drive the Europe industrial inkjet printers market.
Germany has robust industries that include automobiles, electronics, and food processing. These industries widely generate the demand for industrial inkjet printers. These sectors require high-quality, precise, and efficient printing solutions to meet requirements by regulatory standards, branding initiatives, and information printing. Various market players are collaborating to contribute to Germany's industrial inkjet printer market. For example, in September 2024, SÜDPACK, the packaging industry leader, and LEIBINGER, an industrial printing specialist, teamed up to meet the growing demand for sustainable packaging solutions. Their first joint project is to assess the suitability of CIJ inks for printing on recyclable films for packaging food that has been sterilized during the packaging process. The tried-and-true packaging and printing system saves time for food manufacturers while also ensuring investment security.
Strategic insights for the Europe Industrial Inkjet Printers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1,984.94 Million |
Market Size by 2031 | US$ 3,074.86 Million |
Global CAGR (2023 - 2031) | 5.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Industrial Inkjet Printers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe industrial inkjet printers market is categorized into type, industry, and country.
By type, the Europe industrial inkjet printers market is bifurcated into continuous inkjet and drop on demand inkjet. The drop on demand inkjet segment held a larger share of the Europe industrial inkjet printers market share in 2023.
In terms of application, the Europe industrial inkjet printers market is segmented into food & beverages, pharmaceutical, cosmetic & personal care, electronics & semiconductors, textiles, automotive, advertisement & publishing, and others. The food & beverages segment held the largest share of the Europe industrial inkjet printers market share in 2023.
Based on country, the Europe industrial inkjet printers market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany segment held the largest share of Europe industrial inkjet printers market in 2023.
Brother Industries Ltd; Canon Inc; CTC Japan Inc; Docod Precision Group Limited; FUJIFILM Holdings America Corporation; Hitachi Industrial Equipment & Solutions America, LLC; HP Development Company L.P; Industrial Inkjet Ltd.; InkJet, Inc; KYOCERA Corporation; Lexmark International Inc; Linx Printing Technologies; Markem-Imaje; Pannier Corporation; REA Elektronik GmbH; Seiko Epson Corp; Squid Ink Manufacturing; Videojet Technologies Inc; Weber Marking Systems GmbH; and Xerox Corporation are some of the leading companies operating in the Europe industrial inkjet printers market.
The Europe Industrial Inkjet Printers Market is valued at US$ 1,984.94 Million in 2023, it is projected to reach US$ 3,074.86 Million by 2031.
As per our report Europe Industrial Inkjet Printers Market, the market size is valued at US$ 1,984.94 Million in 2023, projecting it to reach US$ 3,074.86 Million by 2031. This translates to a CAGR of approximately 5.6% during the forecast period.
The Europe Industrial Inkjet Printers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Industrial Inkjet Printers Market report:
The Europe Industrial Inkjet Printers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Industrial Inkjet Printers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Industrial Inkjet Printers Market value chain can benefit from the information contained in a comprehensive market report.