Large Format Printer Market overview and future trends.

 The large format printer market is projected to reach USD 11.4 billion by 2026 from USD 8.8 billion in 2021; it is expected to grow at a CAGR of 5.4% from 2021 to 2026.

The growth of the large format printer market in North America is mainly driven by large-scale investments by companies as well as high demand for large format printers for large-scale prints. Moreover, the high adoption rate and technological advancements also drive the growth of the large format printer market in North America. The North American region is the largest market as the region is home to major players such as Hewlett-Packard (HP), Electronics for Imaging (US), Xerox Corporation (US), and Lexmark (US). The large share enjoyed by the region is due to the vast presence of various key players and improved advertising and décor demand.

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The outbreak of the novel coronavirus is expected to affect the large format printer market, but steady recovery is expected by 2022. Developing countries in APAC have vast growth potential as well as a favorable environment for product manufacturers. Countries such as Japan and South Korea are already developed economies, and China has been the fastest-growing economy in the world for the last 2 decades. Large format printers are likely to witness tremendous demand in the region during the forecast period because of high growth in graphics, apparel and textiles, and CAD and technical printing. APAC produces a large amount of apparel and textiles, and this sector is expected to grow steadily in this region. Significant growth in the market for large format printers is likely to be observed in advertising and signage applications in India, mainly due to the booming economy. Therefore, the large format printer market in APAC is expected to grow at the highest rate during the forecast period.


The Large format printer market is segmented based on technology into ink-based technology and toner-based technology. Based on offering, the market has been classified into printers, RIP software and after-sales services. Based on connectivity, the market is segmented into wired and wireless. Based of printing material the market has been segmented into porous and non-porous material. Based of ink type the market has been segmented into aqueous ink, solvent ink, UV cured ink, latex ink and dye sublimation ink. Based on application the market has been segmented into apparel & textile, décor, signage & advertising, and CAD & technical printing. The market has also been segment according to print width. Based on region, the large format printer market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). The large format printer market in these regions is further segmented into different countries.

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