Global Production Printer Market to Grow at a CAGR of 2.52% During the Period 2017 – 2021; Finds New Report

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Lewes, DE — 11/16/2017 — Report forecast the global production printer market to grow at a CAGR of 2.52% during the period 2017-2021.

Production printers are used for volume printing, with a print speed of more than 60 pages per minute (PPM). These printers are used for commercial purposes such as printing books, manuals, marketing collaterals, packaging materials, and transactional documents. The global market is expected to witness an increase in the demand for production printers from various application segments such as packaging and publishing during the forecast period.

The report covers the present scenario and the growth prospects of the global production printer market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of production printers, including multifunctional printers (MFPs) in the packaging, promotional, publishing, transactional, and others segments.

The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA

According to the report, one of the major drivers for this market is Increase in the demand for color printing. The growing demand for color prints is increasing the investments in color production printers. This is because color prints are more appealing and grab the attention of the customers instantly. Therefore, enterprises are using color-printed brochures, catalogs, and manuals to attract customers.

Further, the report states that one of the major factors hindering the growth of this market is Increasing cost of raw materials. The prices of raw materials for the printer industry used to increase day by day during the 2012-2016 period, which impacted the market. The paper industry is facing cost pressure because of the increase in the prices of raw materials. There is a rise in the cost of wood pulp as well. Since wood pulp is the major input for paper manufacturing, there is an increase in the price of paper. Apart from this, there are many other factors that are affecting the price of the paper. For instance, in India, the paper industry is facing a problem regarding the availability of raw materials. Hence, the price of paper has increased.

Global Production Printer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global production printer market: Canon, HP development, Konica Minolta, Ricoh, and Xerox.

Other Prominent Vendors in the market are: Agfa-Gevaert, EFI Electronics, Eastman Kodak, Inca Digital Printers, MIMAKI ENGINEERING, and Miyakoshi.

Market driver
– Increase in the demand for color printing
– For a full, detailed list, view our report

Market challenge
– Increasing cost of raw materials
– For a full, detailed list, view our report

Market trend
– Rise in the number of M&A
– For a full, detailed list, view our report

Key questions answered in this report
– What will the market size be in 2021 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?

Spanning over 90 pages “Global Production Printer Market 2017 – 2021” report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by technology, Market segmentation by application, Market segmentation by type of ink, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/technavio/global-production-printer-market-2017-2021

For related reports please visit: Printer Market Research Reports

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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