With over 270 data tables and figures, combined with expert technical analysis, The Future of Inkjet Printing to 2029 gives unparalleled insight into one of the most current sectors of the print market. Data on print output, equipment sales, installed base and consumables for 2019–29 are divided across 15 end uses, over 30 regions and leading national markets.
The Future of Inkjet Printing to 2029 is the latest expert analysis from Smithers
The Future of Inkjet Printing to 2029 is the latest expert analysis from Smithers. The report shows that in 2024, the world value of inkjet printing for publications, graphics, packaging and labels will reach €84 billion. This is an increase of €63.4 billion in 2019. Across the same period, the volume of material printed in inkjet has increased from 754.1 billion A4 prints, to almost 1.18 trillion.
Future value growth year-on-year in the print market is forecast by Smithers at +6.6% for inkjet to 2029. This is nearly four times faster than growth for other print systems. Across the next five years, Smithers’ analysis shows that digital technology will breathe new life into several publication sectors. Books, magazines, directories and catalogues are all forecast for double-digit annual growth.
The fastest growth will be in packaging print, at a +14.5% compound annual growth rate
The largest contemporary market is in
short-run advertising work (brochures and pamphlets, direct mail, indoor and exterior displays). This accounts for 49.2% of contemporary demand, but has a low-growth outlook as advertising budgets switch away from physical to online channels.
The fastest growth will be in packaging print, at a +14.5% compound annual growth rate (CAGR). This will leverage installations of a new generation of high-productivity inkjet machines for printing on corrugated board (HP PageWide, BHS) and folding cartons (Landa, KBA-Durst, Epson, etc) in the print market.
B1, B2 and B3 sheetfed-inkjet machines are growing in commercial print applications
Inkjet has a stronger base in label print, (~10% market share), but has competition from toner and analogue presses. The latest innovations are boosting speeds, to a possible 120m at 1,200dpi. Many original equipment manufacturers (OEMs) are looking to extend options on narrow-web inkjet, to print short, flexible packaging runs.
B1, B2 and B3 sheetfed-inkjet machines are growing in commercial print applications. With very high-quality output, these can challenge offset litho print. Smithers forecasts this segment will grow at a +11.7% CAGR.