Middle East and Africa Tactile Printing Market
MEA region includes Saudi Arabia, UAE, South Africa, and rest of MEA countries. The MEA is hosts several companies manufacturing tactile printing products for visually impaired people in the region. For instance, AL GHURAIR own the latest technology of producing the highest quality products in the MEA. Its specialization in braille is derived from the latest technology in Braille printing and tactile embossing of Braille books and Braille signs, thus enabling to provide education to children with impaired vision across the MEA. Expansion activities by the tactile printing market players in the MEA countries is also a significant contributor of the tactile printing industry growth. The companies in Saudi Arabia and UAE are focusing on providing tactile printing products and services for secure documents and currency printing applications. Furthermore, the projected growth of the labeling and packaging industry in the region owing to the presence of manufacturers engaged in production on printers and substrates used in the process of tactile printing. Also, upcoming of technologically and physically advanced tactile printers is the major factor driving the MEA tactile printing market.
Major economies in the MEA that are facing challenges due to the COVID-19 outbreak include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait, among others. The region is anticipated to report a swift decline in the supply of raw materials and products, which are procured from various manufacturers in North America, Europe, and MEA; these regions have halted or scaled down their production activities, subsequently lowering the export of components and products to other regions. As per a 2021 report by Labels & Labeling, the pharmaceutical, healthcare, and hygiene products segment saw a multifold increase in demand in 2020. The demand for food and personal care labels remained unchanged, but the cosmetic sector saw a drop in demand. Thus, the region is witnessing a slight decline in the tactile printing market growth.
Strategic insights for the Middle East and Africa Tactile Printing 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 2021 | US$ 65.90 Million |
| Market Size by 2028 | US$ 99.19 Million |
| Global CAGR (2021 - 2028) | 6.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Tactile Printing 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 tactile printing market in MEA is expected to grow from US$ 65.90 million in 2021 to US$ 99.19 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028. Tactile printing in packaging takes on many forms. For instance, the material can take the form of a rubber-like surface that makes the handing of hard-to-open and heavy containers easy during transport. This kind of packaging can draw the attention of customers and allow makers to thin the sidewalls without sacrificing top load strength. Tactile printed labels and packaging can also assist visually impaired people to ensure they are using the right product. These are underused elements meant for multiple senses to appeal customers with visual cues as well as with patterns that tempt the fingertips. To reach the masses, brands now-a-days are tapping into the personalization of packaging by leveraging technological advancements. The tactile printing technology is giving rise to high-end packaging designs for products from consumer goods categories, including food, beverage, beer & wine, medical, and beauty.
The MEA tactile printing market is segmented into application, end-user, and country. Based on application, the MEA tactile printing market is segmented into packaging & labels, tactile graphics, & secure documentation. Packaging and labels segment held a substantial market share in 2020. Based on end-user, the MEA tactile printing market is segmented into braille users, industrial sector, and government & defense sector. Industrial segment held a substantial market share in 2020.
A few major primary and secondary sources referred to for preparing this report on the tactile printing market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are American Thermoform, Canon Inc, Index Braille, Kanematsu USA, Konica Minolta, Inc., Roland DG Corporation, and ViewPlus Technologies Inc.
The Middle East and Africa Tactile Printing Market is valued at US$ 65.90 Million in 2021, it is projected to reach US$ 99.19 Million by 2028.
As per our report Middle East and Africa Tactile Printing Market, the market size is valued at US$ 65.90 Million in 2021, projecting it to reach US$ 99.19 Million by 2028. This translates to a CAGR of approximately 6.0% during the forecast period.
The Middle East and Africa Tactile Printing 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 Middle East and Africa Tactile Printing Market report:
The Middle East and Africa Tactile Printing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Tactile Printing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Tactile Printing Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Middle East and Africa Tactile Printing Market
