September 05, 2023 07:07 ET | Source: Transparency Market Research Transparency Market Research
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Wilmington, Delaware, United States, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global industrial inkjet printer market is projected to flourish at a CAGR of 4.3% from 2022 to 2031. As per the report published by TMR, a valuation of US$ 13.2 billion is anticipated for the market in 2031. As of 2023, the market for industrial inkjet printer is expected to close at US$ 9.4 billion.
Increasing application of industrial inkjet printers in various end –use industries such as pharmaceuticals, food and beverage, chemical and personal care & cosmetics. The demand for industrial inkjet printers’ increases owing to its cost-effectiveness for product labelling, marking, and coding.
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The global industrial inkjet printers market is consolidated, with the presence of a few large-scale vendors that control majority of the share. Expansion of product portfolios and mergers and acquisitions are prominent strategies adopted by key players in the market Transparency Market Research has profiled the following players in its global industrial inkjet market report:
Key Developments in the Industrial Inkjet Printers Market
The growing stringent regulations in various industries regarding product labeling and traceability. Industrial inkjet printers help businesses comply with these regulations by providing accurate and legible markings on products, packaging, and labels, drives the market demand during the forecast period.
Key Takeaways from the Market Study
Industrial Inkjet Printers Market: Key Trends and Opportunistic Frontiers
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Industrial Inkjet Printers Market – Regional Analysis
Industrial Inkjet Printers Market – Regional Analysis
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
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