Inkjet Printing Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The inkjet printing market (hereafter referred to as the market studied) was valued at USD 86.29 billion in 2021, and it is expected to reach USD 138.81 billion in 2027. The market is expected to register a CAGR of 8.32% during 2022-2027 (henceforth, referred to as the forecast period).
Key HighlightsBased on industry analysis, intense rivalry exists within the inkjet printing providers. The market is highly fragmented due to the presence of a large number of players. Market penetration is growing, with a strong presence of major players in established markets. Considering the homogenous nature of market products, many firms operating in the market are further driven to compete on price. The companies are involved in many growth and expansion strategies to get a competitive advantage. Business participants also follow the value chain alliance with business transactions in various steps of the value chain.
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