Printing Toner Market Growth of $ 3.03 Billion | More than 17,000 Technavio reports | national news

NEW YORK, December 10, 2021 / PRNewswire / – The market size for printing toners will increase by $ 3.03 billion between 2020 and 2025 according to the latest Technavio Market Outlook report. The report also identifies the market to witness a growth deceleration at a CAGR of 5.71% during this period. The Printing Toner Market report covers key trends, key growth drivers, and challenges impacting the overall market growth.

For more information on CAGR and YOY growth rate, read our FREE Sample Report

Highlights of the Printing Toner Market Segment

Technavio analyzes the market by Product (monochrome printing toners and color printing toners) and by Geography (APAC, North America, Europe, South America, and MEA). The monochrome printing toner segment held the largest market share in 2020 and will continue to dominate the market during the forecast period. The growth of this segment can be attributed to their wide usage and applications due to cost efficiency and ease of access compared to linkage cartridges. Monochrome toner printers only use one color for printing. These toners are used around the world due to their superior print efficiency and accuracy compared to color printers.

In terms of geography, APAC was the largest revenue-generating segment of the printing toner market in 2020. The region is experiencing growth in industrialization, packaging industry and the need for printers. Individuals that use printing toners. Countries such as Japan, China, and India are the main consumers of printing toners. Factors such as increasing disposable income, increasing industrialization and rapid growth of the packaging industry are fueling regional growth. In addition, the continuous launches of various innovative products by companies such as Epson, Panasonic Corp. (Panasonic), Canon and Toshiba in emerging economies in the region, including India and China will also drive the market growth during the forecast period.

For more information on each segment’s contribution, download our sample report!

Print Toner Market Drivers and Challenge Highlights

The increasing adoption of printers for various applications is particularly driving the growth of the printing toner market. Printers are widely used in the product packaging, publishing, advertising and branding industries. The packaging industry uses small or large scale printers depending on the type and size of the products and drinks. In addition, educational institutions also widely use printers for various purposes, such as printing books, catalogs, projects, and research papers. The diverse applications of printing toners are expected to positively influence the market growth during the forecast period. Also, factors such as low cost of printing toners compared to inkjet cartridges and increasing online sales of printing toners will further fuel the market growth during the forecast period. .

Long term exposure and improper handling of printing toners resulting in adverse health effects is one of the key factors that may hamper the growth of the market during the forecast period. Printing toners contain light dust-like ink particles and when inhaled these particles can cause various health problems such as respiratory problems, skin diseases, eye problems and Cancer. In addition, exposure to high level of ozone causes various health problems such as nausea, headache, dermatitis, throat infection, lung infection, and eye irritation. In addition, other factors such as environmental concerns associated with the manufacture and disposal of printing toners and the threat of counterfeit products are also likely to limit the growth of the market during the forecast period.

View Outlook report to understand several other factors influencing the growth of the market!

Scope of the printing toners market

This report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources through analysis of key parameters.

Sizing the printing toner market

Printing Toner Market Forecast

Printing Toner Market Analysis

Subscribe to our “Lite Package” billed annually at 3000 USD to join a community, who are eligible to view 3 reports per month and download 3 reports per year.

Highlights of the printing toner market

The printing toner market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market. Market sellers are focusing more on the growth prospects of fast growing segments while maintaining their positions in slow growing segments. Companies engage in new product launches and strategic partnerships to strengthen their presence in the market. For example, in June 2021, HP Inc. launched its lightest consumer laptop ever, the HP Pavilion Aero 13 Laptop. Similarly, in July 2020, Xerox Holding Corp. announced its new Xerox AltaLink C8100 and Xerox AltaLink B8100 multifunction printers (MFPs) that can better support today’s flexible work environment and help businesses accelerate their digital transformation with access to the ecosystem ConnectKey of applications.

Some companies mentioned

  • AstroNova inc.
  • Canon Inc.
  • HP Inc.
  • IMEX Co. Ltd.
  • Konica Minolta Inc.
  • Lexmark International Inc.
  • Panasonic Corp.
  • Seiko Epson Corp.
  • Toshiba Corp.
  • Xerox Holdings Corp.

Personalize this report with benchmarking and supplier analysis by speaking to our analysts.

Associated reports:

Printing and Writing Paper Market by Type and Geography – Forecast and Analysis 2020-2024

Publishing Market by Platform and Geography – Forecast and Analysis 2021-2025

Scope of the printing toners market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Deceleration to 5.71% CAGR

Market growth 2021-2025

$ 3.03 billion

Market structure

Fragmented

Annual growth (%)

8.76

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

42% APAC

Main consumer countries

United States, China, India, Japan and Mexico

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

AstroNova Inc., Canon Inc., HP Inc., IMEX Co. Ltd., Konica Minolta Inc., Lexmark International Inc., Panasonic Corp., Seiko Epson Corp., Toshiba Corp. and Xerox Holdings Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio research

Jesse maida

Communication and Marketing Officer

United States: +1 844 364 1100

United Kingdom: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

View original content to download multimedia: https://www.prnewswire.com/news-releases/usd-3-03-bn-growth-in-printing-toners-market–17-000-technavio-reports- 301441583. html

SOURCE Technavio

Comments are closed.