Large Format Printers Market Size, Share, Growth Analysis, By Offerings(Printers, RIP Software, and After-sales services), By Technology(Ink-Based (Inkjet) Printers, and Toner-Based (Laser) Printers), By Ink Type(Aqueous ink, Solvent ink, UV-cured ink, Latex ink), By Print Width(Up to 24”, 24-36”, 36-44”, 44-60”), By Application(Apparel & Textile, Advertising, Cad & Technical Printing, Signage), By Region - Industry Forecast 2024-2031

Large Format Printers Market Drivers

Increasing customers use UV-curable inkjet printers

• The growth of the market has indeed been driven by rise in use of UV curable inkjet printers. A 3D object can be created from a 2D digital image using a UV Inkjet printer and UV digital printing technology. Along with increasing productivity, it produces images of top quality. Used in printers, UV-Curable Ink provides a high-speed, quick-dry, low-energy, and environmentally friendly solution. It is employed extensively across a wide range of industries, such interior design, promotion, and electronics. On resin, glass, and metal, direct printing is possible using a UV-Inkjet printer.

Growing use of large size printers for vehicle graphics and home furnishings

• The growing use of digitally printed curtains, wall hangings, cushions, and bed covers has accelerated the use of large format printers in home décor. For fast and accurate printing of high-quality images, large format printers are used. Due to their ability to produce brighter colors, dye-sublimation printers are being used in applications for home décor.

Large Format Printers Market Restraints

High operating and investment costs

• Installing and maintaining a large format printer necessitates a significant initial investment, which restrains the market growth. Maintaining a large-format printer demands a lot of consumables, especially costly inks. These printers also have a high electricity consumption. As a result, it is concluded that one of the main obstacles to market growth over the forecast period is high operational costs.