According to the latest report by IMARC Group, titled “Global Electrophotographic Printing Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global electrophotographic printing market reached a value of US$ 2.92 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.99 Billion by 2027, exhibiting a CAGR of 5.44% during 2022-2027.
Electrophotographic printing, also known as laser printing or xerography, represents an imaging technique wherein a digital file is printed onto paper via exposure, charging, transfer, developing, fusing, and cleaning processes. It comprises of ionized and electrical charges to repel or collect particles from the areas to be printed. Electrophotographic printing is extensively utilized in faxes, copiers, lasers, digital and LED printers, etc., for the commercial printing of catalogs, advertisement inserts, magazines, newspapers, books, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Electrophotographic Printing Market Trends and Drivers:
The inflating advertising expenditures by various enterprises are primarily driving the electrophotographic printing market. Additionally, the growing demand for cost-effective printing solutions that can function well at very high speeds is further catalyzing the market growth.
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Besides this, the elevating need for digital printing systems in offices and homes is acting as another significant growth-inducing factor. Moreover, the development of advanced infusing devices and toner materials to reduce power consumption and enable the recycling of materials is also augmenting the global market.
Apart from this, the escalating popularity of Smart WelcomEyes technology, wherein pyroelectricity sensors and face-recognition cameras are used to recognize, detect, identify, and verify users for easy authentication, is anticipated to fuel the electrophotographic printing market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Electrophotographic Printing Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Hp Inc., A B Graphic International Ltd., Anglia Labels, Associated Labels & Packaging, Canon Inc., Consolidated Labels, Eastman Kodak Company, EC Labels Ltd. and Flint Group.
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The report has segmented the market on the basis of type and application.
Breakup by Type:
- Monochrome Printing
- Color Printing
Breakup by Application:
- Commercial Printing
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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