The “Specialty Printing Consumables Market” report provides analysis of the U.S. specialty printing consumables market for the period 2014-2024, wherein the years from 2016 to 2024 is the forecast period and 2015 is considered as the base year. The report precisely covers all the major trends and technologies playing a major role in the specialty printing consumables market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Bn), across different printing processes, products and application segments.
The market overview section of the report showcases the market’s dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. Moreover, the report provides the overview of various strategies of the key players in the U.S. specialty printing consumables market and analyzes their behavior in the prevailing market dynamics
The report segments the U.S. specialty printing consumables market on the basis of various printing process such as lithographic printing, flexographic printing, rotogravure printing and digital printing. By different product types, the market is classified into toner, ink, specialty substrate and chemicals. By application, the U.S. specialty printing consumables market is categorized into office and professional application, commercial printing and publishing application and other application. Thus, the report provides in-depth cross-segment analysis for the specialty printing consumables product market for different printing processes and applications mentioned above, thereby providing valuable insights on macro as well as micro level.
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Specialty Printing Consumables Find Maximum Application in Office and Professional Usage
By type of product, toners led the U.S. specialty printing consumables market with a share of more than 48% in 2015. On the other hand, registering a 5.4% CAGR from 2016 to 2024, specialty substrates are projected to emerge as the most rapidly growing specialty printing consumable by the end of the forecast period.
The office and professional segment of the U.S. specialty printing consumables market emerged as the key contributor by application in 2015 and the segment is also forecast to expand at a rapid pace through 2024. “While the office and professional segment will continue leading the U.S. specialty printing consumables product market, the category registering the highest growth rate differs from product to product,” the author states.
TMR finds that lithographic printing and digital printing will have a considerable impact on the specialty printing consumables market by product, be it inks, toners, chemicals, or specialty substrates.
This 87-page report gives readers a comprehensive overview of the Specialty Printing Consumables Market. Browse to unlock the hidden opportunities in this market
Rapid Expansion of IT and Industrial Sectors Influencing Demand for Specialty Printing Consumables
The demand for specialty printing consumables in the U.S. is highly influenced by the rapid expansion of the country’s IT and industrial sectors. As these consumables are widely utilized in facilities such as offices, hospitals, schools, and colleges, new construction as well as the expansion of these facilities offers considerable growth potential to manufacturers. “Going forward too, the growth of the IT and the industrial sectors will boost the demand for specialty printing consumables significantly in the nation owing to large-scale printing for purposes such as business communication,” the analyst states.
Apart from this, the demand for specialty printing consumables will be stimulated by the growth of the U.S. printing as well as packaging industry.
Research analysts at TMR have noted that while the office and professional application segment will retain its dominance in the specialty printing consumables product market, the segment expanding at the fastest pace will differ from product to product. The commercial printing and publishing sector has been identified as one of the rapidly growing application segments.
The specialty printing consumables market in the U.S. is led by HP Development Co., Xerox Corp., DIC Corp., Canon Inc., and Eastman Kodak Co. Some of the other prominent manufacturers of specialty printing consumables in this nation are Claire Manufacturing Co., Arizona Chemical, American Ink Jet Corp., 3M, and FUJIFILM.