Printing Toners Market to Witness 8.76% Y-O-Y Growth Rate in 2021, Diversified Applications of Printers Across Various End-user Industries to Drive the Market Growth

NEW YORK, July 12, 2022 /PRNewswire/ — Printers are widely used in product packaging, publishing, advertising, and branding industries. The packaging industry uses small-scale or large-scale printers based on the type and size of the products and beverages. Educational institutions also extensively use printers for various purposes, such as printing books, catalogs, projects, and research papers. Such diversified applications of printers across various end-user industries will increase sales of printing toners, contributing to the Printing Toners Market growth. The other factor that has primarily increased sales of printing toners across the mentioned industries is the low cost of printing toners compared with inkjet cartridges. The Printing Toners Market Share is expected to increase by USD 3.03 billion from 2020 to 2025, according to the recent market study by Technavio.

Look out for more information on market dynamics scenario, demand & supply forces, product offerings, financial information, and SWOT analysis. View Snapshot of the Printing Toners Market Report

Segmentation by Product (In-Scope/Out-of-Scope)

• In-Scope:
• Monochrome Printing Toners:

The printing toners market share growth in the monochrome printing toners segment will be significant during the forecast period. Monochrome toner printers are widely used because of their cost-efficiency and ease of accessibility compared to ink cartridges. Compared to color toners and inkjet cartridges, the cost of printing documents using monochrome toners is less than the cost of printing bulk documents with color toners is quite high.

• Out-of-Scope:
• Color Printing Toners

The printing toners market is further segmented by Geography (APAC, North America, Europe, South America, and MEA). 

Request Sample Report Using Business Email ID to Gain Further Insights on the Market Contribution & Share of Various Segments & Regions on Higher Priority

Highlights-

• Key Companies- AstroNova Inc., Canon Inc., HP Inc., IMEX Co. Ltd., Konica Minolta Inc., Lexmark International Inc., Panasonic Corp., Seiko Epson Corp., Toshiba Corp., and Xerox Holdings Corp. among others.
• Major Trend– Deployment of multi-purpose printers is one of the critical printing toners market trends positively influencing the market growth.
• Y-OY Growth Rate– 8.76% in 2021

Visualize HVAC Equipment Market using Technavio Intelligence. Download Sample Copy (Including Graphs & Tables) of this Report

Product Offerings & News of Some of the Key Vendors-

• AstroNova Inc. – The company offers printing toners such as Ultra-white toner which allows colors (CMYK) to be accurately printed and visualized by the human eye.
• Canon Inc. – The company offers printing toners such as imageCLASS Toner 056 Black, Standard and many more.
• HP Inc. – The company offers printing toners such as HP 88X High Yield Black Original LaserJet Toner Cartridge and many more.

Moreover, the printing toners market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

For Detailed Information on the Production, Sustainability, and Prospects of the Leading Companies. View Sample Report

Printing Toners Market Challenge:

• Adverse health effects of printing toners:
• Long-term exposure and improper handling of printing toners may lead to adverse health effects. Printing toners comprise lightweight dust-like ink particles, and when inhaled, these particles can cause various health issues such as respiratory problems, skin diseases, eye problems, and cancer. The major side effects associated with the inhalation of printing toners are respiratory problems such as lung irritation. Moreover, the photocopiers that use toner ink emit high ozone levels through electrical discharges. Exposure to a high level of ozone causes various health problems such as nausea, headache, dermatitis, throat infection, lung infection, and eye irritation. Hence, despite being cost-efficient, adverse health effects of printing toners are expected to hinder the use of printers, which will act as a barrier to market growth during the forecast period.

For More Insights on the Latest Drivers, Trends, and Challenges that will Help Companies Evaluate and Develop Growth Strategies. Read Sample Report

Didn’t Find What You Were Looking For? Customize Report-

Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

Speak to our Analyst now! to take full advantage of every opportunity using competitive analysis created just for you.

Here are Some Similar Topics-

Commercial Aerospace 3D Printing Market by 3D Printing Vertical and Geography – Forecast and Analysis 2021-2025: The commercial aerospace 3D printing market share is expected to increase by USD 2.46 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 20.34%. 36% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the commercial aerospace 3D printing market in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC. Find More Research Insights Here

Rotogravure Printing Machine Market by Type and Geography – Forecast and Analysis 2022-2026: The rotogravure printing machine market share is expected to increase to USD 339.56 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.1%. The rotogravure printing machine market share growth in the automatic rotogravure printing machine segment will be significant during the forecast period. Find More Research Insights Here

Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Monochrome printing toners – Market size and forecast 2020-2025
• Color printing toners – Market size and forecast 2020-2025
• Market opportunity by Product

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2020-2025
• North America – Market size and forecast 2020-2025
• Europe – Market size and forecast 2020-2025
• South America – Market size and forecast 2020-2025
• MEA – Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AstroNova Inc.
• Canon Inc.
• HP Inc.
• IMEX Co. Ltd.
• Konica Minolta Inc.
• Lexmark International Inc.
• Panasonic Corp.
• Seiko Epson Corp.
• Toshiba Corp.
• Xerox Holdings Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/printing-toners-market-to-witness-8-76-y-o-y-growth-rate-in-2021–diversified-applications-of-printers-across-various-end-user-industries-to-drive-the-market-growth-301583879.html

SOURCE Technavio

Source link

The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.