Direct-to-Shape Inkjet Printers Market Analysis: Food & Beverage End-use Segment to Witness Maximum Share during the Forecast Period

According to Future Market Insights’ latest market report titled “Direct-to-Shape Inkjet Printers Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2027”, the continuous expansion of end-use industries across the globe is expected to escalate the growth of direct-to-shape inkjet printers market, during the forecast period. Globally, the revenue generated by the direct-to-shape inkjet printers market has been estimated to be around US$ 2,942.1 Mn in 2018 and is projected to increase at a CAGR of 6.4% in terms of value 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 excellent consistency. Direct-to-shape inkjet printing will enable brands to interconnect with consumers by enhancing brand recognition in diverse ways to surge reliability.

 

The fast-paced growth of the direct-to-shape inkjet printers market is attributed to its high-quality printing capability. Directly printing onto 3D objects, which can be as small as bottle caps to as large as football helmets. Direct-to-shape inkjet printers completely eliminate the need for costly labels to intensify branding & promotion, and it also enhances the product appeal. These factors are together expected to drive the growth of the global direct-to-shape inkjet printers market during the forecast period.

 

The change in preference from digital labels printers to direct-to-shape inkjet printers for promotional and decorative purposes by various end use industries such as food & beverage, pharmaceuticals, and others is foreseen to fuel the growth of global direct-to-shape inkjet printers market. The wide offerings of direct-to-shape inkjet printers such as high-quality graphic design and versatility to a wide variety of substrates are propelling the growth of direct-to-shape inkjet printers across the industries. The short run capability of direct-to-shape inkjet printers’ enables packaging converters to print the exact quantity required, thereby reducing the need for long print runs and hence minimize the idle time which sequentially increases the productivity of printers.

 

High compatibility of direct-to-shape inkjet printers with a variety of ink types including water-based, solvent-based, UV curing inks, and others can easily adopt performance properties that resemble the broadest range of substrates. Hence, ultimately minimizing the requirement for primers or protective varnishes and saves additional costs. For instance, UV inks printed onto glass or plastic bottles offers excellent physical and chemical resistance without affecting the product design. Such versatile nature of direct-to-shape inkjet printer is likely to fuel the growth of the global direct-to-shape inkjet printers market during the forecast period.

 

Despite the positive synopsis, the direct-to-shape inkjet printers are costly as compared to other printers. Thus, the higher cost limits the use of direct-to-shape inkjet printers across the globe. The low adoption of direct-to-shape inkjet printers in emerging economies is primarily due to high cost. Also, the consumption of ink in direct-to-shape inkjet printers is very high as compared to the laser printers. The print head of the direct-to-shape inkjet printers can suffer cogging if it is not used for a long time. Besides, the cartridges which are used in the direct-to-shape inkjet printers are of high cost which eventually results in high printing cost. This factor possesses an extensive challenge for the growth of global direct-to-shape inkjet printers market during the forecast period.

 

Various key manufacturers operating in global direct-to-shape inkjet printers market are focusing on the development of cost-effective direct-to-shape inkjet printers along with improvement in its standard capabilities, rated speed, and resolution in order to gain lucrative opportunities in the market. In addition, the manufacturers also actively channelizing its efforts to enhanced customer service to strengthen their foothold in the direct-to-shape inkjet printers market.

The Global Direct-to-Shape Inkjet Printers Market is Expected to Expand 1.7X in Terms of Volume over the Forecast Period

Detailed profiles of direct-to-shape inkjet printers manufacturers are also included in the report to evaluate their strategies, key product offerings, financials, and recent developments. The key players operating in the global direct-to-shape inkjet printers market include Heidelberg USA, Inc., Xaar plc. Tonejet Limited, 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.

 

Few of the key developments observed among direct-to-shape inkjet printers manufacturers are:

-In September 2016, the Xerox Direct to Object Inkjet Printer won the MUST SEE 'EMS award in the ‘Future of Print’ category.
-In November 2018, The Kingstar selected Xaar 1003 printhead which incorporates Xaar’s unique TF Technology ink recirculation, in order to develop its first digital printing systems for a range of applications to meet customer demand.

In the global direct-to-shape inkjet printers’ market report, we have discussed individual strategies followed by company profiles. The ‘Competitive Landscape’ section is included in direct-to-shape inkjet printers market to provide report audiences with a dashboard view and company share analysis of top manufacturers operating in global direct-to-shape inkjet printers market.