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With the advent of 3D printing, U.S. consumer markets are witnessing a revolution in the packaging of products, finds MRRSE. Three-dimensional printing technology has been experiencing widespread adoption in a number of industries, thanks to reduced production wastage.
The U.S. specialty printing consumables market was valued at US$24.09 bn in 2015 and, increasing at a 4.4% CAGR, is forecast to reach US$35.75 bn by 2024.
Leading manufacturers of specialty printing consumables, such as DIC Corp., Xerox Corp., Canon Inc., HP Development Co., and Eastman Kodak Co., are working aggressively on product innovation in order to meet the rising expectations of consumers. For instance, in October 2015, Canon unveiled its resin 3D printer concept, which, according to the company, is well suited for rapid prototyping as well as manufacturing. The concept is projected to be much faster than current technologies and aims to produce stronger prints.
"Over the coming years, the leading participants in the U.S. specialty printing consumables market will have to focus on strategic alliances with companies in other sectors in order to expand their product sales," the author of the study notes.
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.
The report also provides the competitive landscape for the specialty printing consumables market, thereby positioning all the major players according to their presence in the U.S., market attractiveness and recent key developments. This is identified as a crucial step for getting the full overview of the market through key market leaders and the strategies adopted by them. The complete U.S. specialty printing consumables market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the U.S. specialty printing consumables market’s growth.
DIC Corporation, Canon Inc., Xerox Corporation, HP Development Company, L.P., Eastman Kodak Co., Flint Ink Incorporation and Nazdar Ink Technologies are the major players which have been profiled in this study. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players has been provided as a part of company profiles.
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The U.S. Specialty Printing Consumables market has been segmented as below:
The U.S. Specialty Printing Consumables Market, By Printing Process
- Lithographic Printing
- Flexographic Printing
- Rotogravure Printing
- Digital Printing
The U.S. Specialty Printing Consumables Market Analysis, By Product
- Toner
- Ink
- Specialty Substrate
- Chemicals
The U.S. Specialty Printing Consumables Market Analysis, By Application
- Office And Professional Application
- Commercial Printing And Publishing Application
- Other Application
The U.S. Specialty Printing Consumables Product (Toner) Market, By Printing Process
- Lithographic Printing
- Flexographic Printing
- Rotogravure Printing
- Digital Printing
The U.S. Specialty Printing Consumables Product (Ink) Market, By Printing Process
- Lithographic Printing
- Flexographic Printing
- Rotogravure Printing
- Digital Printing
The U.S. Specialty Printing Consumables Product (Specialty Substrate) Market, By Printing Process
- Lithographic Printing
- Flexographic Printing
- Rotogravure Printing
- Digital Printing
The U.S. Specialty Printing Consumables Product (Chemicals) Market, By Printing Process
- Lithographic Printing
- Flexographic Printing
- Rotogravure Printing
- Digital Printing
The U.S. Specialty Printing Consumables Product (Toner) Market, By Application
- Office and Professional Application
- Commercial Printing and Publishing Application
- Other Application
The U.S. Specialty Printing Consumables Product (Ink) Market, By Application
- Office and Professional Application
- Commercial Printing and Publishing Application
- Other Application
The U.S. Specialty Printing Consumables Product (Specialty Substrate) Market, By Application
- Office and Professional Application
- Commercial Printing and Publishing Application
- Other Application
The U.S. Specialty Printing Consumables Product (Chemicals) Market, By Application
- Office and Professional Application
- Commercial Printing and Publishing Application
- Other Application
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