Printing Toners Market 2017 to 2024

Printing Toners Market Soaring at 6.2% CAGR to
Register $5.5 Billion by 2024: Global Market Insights, Inc.
Printing toners Market Size will surpass USD 5.5 billion by 2024; according to a new
research report by Global Market Insights, Inc.
Robust growth in packaging industry will be a significant driver to global printing toners
market by 2024. Rising demand for the enhanced packaging designs from numerous
industries including pharmaceutical, food & beverage, electronic gadgets, textile, etc. will
propel the printing toners market size. Innovative trends in the advertising and branding
industries, increasing importance to the aesthetic traits of the product labelling and
packaging will also have positive influence on the industry over the forecast period.
Exponential rate of industrialization has led to increased communication with substantial
importance to public relations in the recent years. The recent presentation trends in
business to business as well as business to consumer communication have contributed to
surge in printing of catalogs, book marks, manuals, brochures and banners. This in turn will
augment industry size by 2024. Laser printing penetration compared to inkjet particularly in
the commercial printing on account of speedy operations, reduced cost per copy and print
quality will further drive printing toners market.
Significant market participants include: Konica Minolta, Canon, Inc., EPSON, HP Inc.,
Brother International Corporation, Toshiba, American Tonerserv Corporation, ACM
Technologies, etc.
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To browse this report titled, “Printing Toners Market Size By Production Technology
(Conventional Toner, Chemically Prepared Toner), By Raw Materials (Polyester, Styreneacrylic),
By Application (Monochrome, Color), Industry Analysis Report, Regional Outlook
(U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, Australia, Indonesia,
Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive
Market Share & Forecast, 2017 – 2024” please click on the link below:
https://www.gminsights.com/industry-analysis/printing-toners-market
Analysis By Production Technology & Raw Materials:
Conventional printing toners led the printing toners market in 2016 and generated revenue
exceeding USD 2 billion. Conventional toners are projected to have substantial demand in
the forecast period owing to their extensive applicability in various printing techniques and
lower cost of operation.
Chemically prepared toners will be the fastest growing segment by 2024 with gains more
than 7% CAGR. Moreover, commercialization of laser copiers compatible with the
chemically prepared toners are likely to propel the demand for chemically prepared printing
toners in forecast period.
Styrene-acrylic printing toners will witness gains of CAGR over 5.5%. The demand for
styrene-acrylic resin will be particularly for the monochrome printing applications such as
transactional documents (billing statements), books & manuals, forms, direct mail, sell
sheets and reports. In 2016, polyester printing toners had contributed to revenue exceeding
USD 1.5 billion and will have substantial rise by 2024.
Rise in Print On-Demand (POD) printing technique owing to the involved benefits such as
printing costs reduction, lesser wastage, speedy delivery will boost the demand for
polyester printing toners in the coming years. Polyester resins have been gaining wider
acceptance in POD for their features such as low temperature fusing, mechanical toughness
and longevity.
In 2016, color printing segment had surpassed USD 1.5 billion. Rising demand for aesthetic
versatility in color printing in flexible cartons printing, desktop publishing, commercial
printing, and others will boost color printing toners market share in forecast timeframe.
Regional Analysis:
Printing toners market size was led by North America in 2016, with revenue more than USD
1 billion. The surge has been accredited to the technological expertise in laser printing
coupled with massive demand in large-scale commercial printing. Asia Pacific is probable to
have gains nearly 7% CAGR in the forecast timeframe. Growing demand for customized
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printers and thriving packaging industry will contribute to printing toners market growth in
the region by 2014.
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Reports Industry Coverage:
Browse Related Report: Flexographic Printing Inks Market
https://www.gminsights.com/industry-analysis/flexographic-printing-inks-market
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