printing toners market was valued US$ 3.80 Bn in 2017 and is expected to reach 6.20 Bn by 2026, at a CAGR of 6.31 % during a forecast period.
Global printing toners market
Printing toners are superior types of inks, which are used in copy machines and laser printers. The printing toners are extensively used in the labeling industry and the folding carton printing industry.
The rising demand for digital printing in the packaging sector is expected to drive the global printing toners market. The expansion of advertising and branding industries is also projected to boost the demand for printing toners. The changing consumer base from printing inks to toners beside with rising in commercial printing is estimated to boom the global printing toners market.
The development of bio-based toners is projected to be a key opportunity in the global printing toners market. On the other hand, developing technological applications as paper saving solutions and increasing online transactions are limiting the growth in the global printing toners market.
Chemically prepared toners are expected to lead the global printing toners market. These toners provide better quality and performance. Furthermore, the key players are expected to need to focus on developing more economical printers, which are compatible with chemically prepared to toners, to capitalize on the upcoming opportunities. Additionally, the commercialization of laser copiers well-suited with the chemically prepared toners is expected to propel the demand for chemically prepared printing toners.
Polyester printing toners are expected to grow at a XX % rate of CAGR during the forecast period. An increase in the print-on-demand printing technique owing to the involved advantages like printing costs reduction, lesser wastage, the speedy delivery is expected to increase polyester printing toners. Polyester resins provides features like low-temperature fusing, mechanical toughness, and longevity.
The Asia Pacific is expected to share significant growth in the global printing toners market and is projected to maintain its dominance during the forecast period, owing to increasing demand for printing toners from various end-user sectors like monochrome printing and color printing.
Increasing consumer preferences concerning the use of printing toners, owing to its cost-effectiveness and decreased wastage is also projected to drive the growth of the global printing toners market during the forecast period. The country China is the key reason behind the trends of capitalizing in both chemically and conventionally produced toners along with Japan, which contributed to the production of advanced color toner production facilities.
Key players in the global printing toners market are focusing to take initiative in green activities like recycling cartridges and sinking printing cartridge usage to drive global printing toners market and represent an eco-friendly image. These key players are also encouraging their products in low penetrated markets to surge product demand. Growing R&D initiatives to present innovative applications and bring in environment-friendly products are expected to increase demand for printing toner demand where stringent environment protection regulations prevail.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by technology, raw material, application and region and, project the global printing toners market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global printing toners market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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The Scope of the Report for Global Printing Toners Market
Global Printing Toners Market, By Technology
- Conventional Toner
- Chemically Prepared Toner
Global Printing Toners Market, By Raw Material
Global Printing Toners Market, By Application
Global Printing Toners Market, By Geography
- North America
- Asia Pacific
- Middle East & Africa
- South America
- Rathi Graphic Technologies Limited
- HP Development Company
- ACM Technologies Inc.
- American TonerServ Corp.
- Xerox Corporation
- Mitsubishi Chemical
- Toner Technology
- Trend Tone Imaging
- HG Technologies
- Integral GmbH
- Royal Precision Technology
- Mikasa Sangyo
- EIKO EPSON CORP. Inc.
- Samsung Fine Chemicals Co Ltd
- Brother International Corporation
- Konica Minolta Business Solutions
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