Industrial Inkjet Printers Market was valued at US$ 6.71 Billion in 2023 and is expected to reach US$ 11.22 Billion by 2031; it is estimated to record a CAGR of 6.33% from 2023 to 2031

With the development of high-speed printers, manufacturers can print large volumes at faster speeds without compromising on quality. Various companies are launching high-speed inkjet printers that are essential for industries such as packaging, textiles, and automotive, where production efficiency is critical. For instance, in April 2024, Canon announced the launch of the ProStream 2000, under the ProStream 2000 series, which ensures high, consistent offset print quality at high-rated speed while extending the media grammage/speed range. Furthermore, the textile industry is experiencing a shift toward digital printing, with industrial inkjet printers becoming the preferred solution for printing high-quality, customized designs on fabrics. Technological advancements such as AI and ML have made it possible to print complex patterns, gradients, and vivid colors on textiles at high speeds, with minimal water and chemical waste compared to traditional printing methods. Therefore, technological advancements in the printing industry are likely to provide lucrative opportunities for the industrial inkjet printer market growth during the forecast period.

Increasing Government Regulations on Packaging Inkjet Printers Drives Industrial Inkjet Printers Market Growth

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.

Industrial Inkjet Printers Market Analysis: Industry Overview

Based on Industry, the market is segmented into food and beverages, pharmaceutical, cosmetic and personal care, electronics and semiconductors, textiles, automotive, advertisement and publishing, and others. The food and beverage segment held the largest share in the industrial inkjet printers market in 2023, accounting for 20.9%, and is expected to hold 23.1% by 2031. Rising awareness among consumers regarding the health and safety of food and beverage products necessitates the printing of information such as ingredients, batch numbers, and shelf life on these products. In addition, India’s Food Safety and Standards (Packaging and Labeling) Regulations follow laws and regulations that mandate food and beverage labeling and packaging by the US Food and Drug Administration (FDA). Industrial inkjet printers are used in the food and beverages industry for a wide range of food packaging products. These products include glass bottles; corrugated cartons; food and drinks cans; bags; cups; pouches trays; shrink wrap; PET; and films designed to be fast-drying, abrasion-resistant, and remain legible when flexed. The pharmaceutical industry is regulated by several laws and regulations that mandate pharmaceutical manufacturers to print codes on packaging, boxes, and blister packs to enable traceability and protect against counterfeiting. Industrial inkjet printers provide clear, high-contrast, and legible markings for 100% identification of pharmaceutical products. These printers are widely applicable to marking and coding requirements onto primary and secondary packaging, examination-glove packaging, packets, diagnostic test kit packaging, crimp caps, carton packs, injection vials, ampoules, and syringes and their packaging. Governments of various countries are focused on boosting their pharmaceutical sectors. For example, the Government of India has launched numerous initiatives to promote and increase investment in the pharmaceutical sector. In September 2020, the government launched the Production Linked Incentive (PLI) scheme for the pharmaceutical sector under the Self-Reliant India initiative, with a financial outlay of ~US$ 1,783 million (INR 15,000 crore), with the scheme duration from 2020–2021 to 2028–2029.

Industrial Inkjet Printers Market Analysis: Type Overview

Based on type, the market is divided into continuous inkjet and drop on demand inkjet. The drop on demand inkjet segment held a larger share in the industrial inkjet printers market in 2023, accounting for 57.9%, and is expected to hold 52.2% by 2031. The continuous inkjet segment is anticipated to record the highest CAGR during the forecast period. The continuous inkjet (CJI) printer continuously ejects tiny droplets of ink via a small nozzle. Each droplet is electrically charged on the basis of the desired print pattern. This electric field deflects the charged droplets, directing them onto the substrate. The ink dries instantly on the substrate and results in a clean print. These printers can print on numerous substrates, such as paper, plastic, metal, etc. The ability of CJI inkjet printers to create continuous streams of ink makes them ideal for high-speed production lines. CIJ printers are known for their reliability and minimal maintenance requirements. These printers are in high demand for performing high-speed printing for tasks such as date coding, IoT numbering, or general product marking. CIJ printers generally have a lower initial cost compared to DOD inkjet printers, making them a budget-friendly choice for the market players across various industries.

Industrial Inkjet Printers Market: Competitive Landscape and Key Developments

Videojet Technologies, Inc.(Veralto Corp); Brother Industries, Ltd.; Docod Precision Group Co., Ltd.; Canon Inc.; REA Elektronik GmbH; CTC Japan, LTD.; FUJIFILM Holdings America Corporation; InkJet, Inc.(Cyklop International); HP Development Company L.P.; Xerox Corporation; Seiko Epson Corporation; Hitachi Industrial Equipment & Solutions America, LLC; Lexmark International, Inc.(Ninestar Corporation); Markem-Imaje (Dover Corporation); Weber Marking Systems GmbH; Squid Ink (Engagge Technologies Corporation); Pannier Corporation; KYOCERA Document Solutions Inc.; and Linx Printing Technologies (Veralto Corp) are the key players profiled in the industrial inkjet printers market report. In addition, several other important industrial inkjet printers market participants have been studied and analyzed during the report to get a holistic view of the industrial inkjet printers market and its ecosystem. Component suppliers, component manufacturers, and end users are among the major stakeholders in the global industrial inkjet printers market ecosystem. A surge in demand for industrial inkjet printers has positively benefitted the suppliers that are offering a wide range of raw materials. Component providers and suppliers play a crucial part in the market as they contribute to the market.