World News: 12:53 GMT Thursday 6th December 2018. [Future Market Insights via Globe Newswire via SPi World News]
VALLEY COTTAGE, N.Y. , Dec. 06, 2018 (GLOBE NEWSWIRE) -- Future Market Insights delivers vital insights on the direct-to-shape inkjet printers market in its report titled . In terms of revenue, the global is projected to expand at a during the forecast period.
Direct-to-shape inkjet printers use a modern process that enables the printing of different colored texts and images directly onto objects such as, bottles, cans, as well as other food & beverage, pharmaceuticals, personal care and cosmetics, industrial, and chemical items. These printers have the ability to modify designs and directly print them onto the objects. Direct-to-shape inkjet printers give brands the ability to meet consumer demands by customizing product designs that offer customers a wide array of customizability options. Direct-to-shape inkjet printers have exceptional consistency. Direct-to-shape inkjet printing will enable brands to interconnect with consumers by enhancing brand recognition in diverse ways to surge reliability.
In the report, FMI suggests that the food & beverage end-use segment is expected to play a critical role in the demand for direct-to-shape inkjet printers during the forecast period. The rapid expansion of end-use industries across the globe is supposed to trigger the growth prospects for the global direct-to-shape inkjet printers market during the forecast period.
The global direct-to-shape inkjet printers market is expected to be dominated by Europe with the largest market share and is anticipated to record significant growth rates during the forecast period. Germany is expected to have the largest market share in Europe followed by Italy, owing to the high preference for direct-to-shape inkjet printers by end-use industries.
North America is a significant shareholder of the global direct-to-shape inkjet printers market and is projected to expand with a notable CAGR during the forecast period. The continuous expansion of end-use industries and high technological advancement in this region appear as critical drivers for the growth of the direct-to-shape inkjet printers market. The U.S. is expected to remain the dominant country in the North America region, accounting for the largest market while Canada is expected to register noteworthy growth rate of direct-to-shape inkjet printers during the forecast period.
The Asia Pacific excluding Japan (APEJ) region is expected to witness the fastest growth in the direct-to-shape inkjet printers market. The presence of radially emerging economies, large urban population, and increasing living standards are expected to be the critical drivers for the growth of the direct-to-shape inkjet printers market in the APEJ region. According to FMI analysis, the food & beverage segment by end use is expected to have the largest market share in the region due to the increasing use of direct-to-shape inkjet printers for packaging of food & beverage products. China is expected to dominate the APEJ direct-to-shape inkjet printers market with the largest market share. In terms of growth rate, India is expected to outpace other countries in the APEJ region.
Japan accounts for a substantial share in the global direct-to-shape inkjet printers market and is projected to register a noteworthy CAGR during the forecast period. Consumer preference towards flexible packaging and extensive use of direct-to-shape inkjet printers for packaging application are likely to create a positive outlook for the growth of direct-to-shape inkjet printers market during the forecast period.
Latin America and MEA are expected to be promising markets for the growth of the global direct-to-shape inkjet printers market. Emerging economies in Middle East & Africa and Latin America are expected to represent high incremental opportunities due to the increased penetration of direct-to-shape inkjet printers into end-user industries. Overall, the global outlook for direct-to-shape inkjet printers is expected to remain positive during the forecast period.
The companies involved in the lay emphasis on enhancing the efficiency of the printers and increasing their global footprint through acquisitions and expansions. The manufacturers of direct-to-shape inkjet printers are likely to eye the profitable region of Asia Pacific excluding Japan (APEJ) in the coming years. Mass urbanization in these countries, coupled with the improved standards of living, is expected to be among the key driving forces behind the growth in the demand for direct-to-shape inkjet printers.
Key players operating in the global direct-to-shape inkjet printers market include Xaar plc. Heidelberg USA, Tonejet Limited Inc., Isimat GmbH Siebdruckmaschinen, Koenig & Bauer Kammann GmbH, Velox Ltd., Mimaki Europe B.V., O.M.S.O. SpA, Xerox Corporation, Epson America, Inc., Roland DG Corporation, INX International Ink Co., and Engineered Printing Solutions, Inc. among others.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Mr. Sudip SahaFuture Market Insights
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Globe Newswire: 12:53 GMT Thursday 6th December 2018
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