Global Wide Format Printers Market Insights Forecasts to 2033

• The Global Wide Format Printers Market Size was Valued at USD 8.3 Billion in 2023
• The Market Size is Growing at a CAGR of 5.44% from 2023 to 2033
• The Worldwide Wide Format Printers Market Size is Expected to Reach USD 14.1 Billion by 2033
• North America is expected to Grow the fastest during the forecast period.

The Global Wide Format Printers Market Size is Anticipated to Exceed USD 14.1 Billion by 2033, Growing at a CAGR of 5.44% from 2023 to 2033.

Market Overview

Wide format printers (large format printers) are computer-controlled printing machines (printers) that support a maximum print roll width of between 18 and 100 inches (460 and 2,540 mm). The introduction of advanced technology-based components such as ink and ink-level monitoring software in wide-format printers has enhanced the efficacy and productivity of the printer, producing stunning, high-resolution prints on diverse materials, ranging from conventional paper to resilient vinyl. Modern printers are extensively used in diverse materials, spanning textiles and glass to metallic surfaces. It is diversely used in interior design, fashion, and architecture. Thus it has widespread application as it possesses the ability to generate breathtaking graphics on an expansive array of substrates. The wide format printing creates custom wallpapers and floorings, transforming spaces into immersive works of art. Wide-format printing industry also has concerns regarding environmental impact and its innovations have responded to reducing its carbon footprint. Further, recycling initiatives underscore the industry’s dedication to mitigating environmental impact. The trend of automation causes streamlining and optimization of production processes which leads to enhancing its efficacy and reducing the operational cost of the wide format printers, also accelerating the printing process with a minimum margin for error giving consistent and high-quality output. Customization and personalization of wide-format printers are leveraged in various industries. While competitive landscape faces causing struggle for market share and creative supremacy which is likely to challenge that market growth.

Report Coverage

This research report categorizes the market for the global wide format printers market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global wide format printers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global wide format printers market.

Driving Factors

The growing application of printers in advertising, packaging, and textile industries boosted market demand for a wide printer market. Numerous national and international corporations and brands use wide-format printers to support their out-of-home advertising campaigns. In textile industries, these printers print small designs onto garments such as t-shirts, dresses, and promotional wear. Dynamic website banners, and engaging social media campaigns, for online shopping websites – increase the conversation rate which ultimately leads to an increase in the market demand for wide-format printers.

Restraining Factors

The rising digital advertising medium prevents the use of printers due to its affordability and flexibility which may hamper the market growth. Further, the high maintenance and operational costs due to the premium price of the ink solution and the requirement of high initial investment of the wide format printers impeding the market growth.

Market Segmentation

The global wide format printers market share is classified into type, application, connectivity, and printing material.

• The inkjet-based segment held the largest market share with significant CAGR growth during the forecast period.

Based on the type, the global wide format printers market is categorized into inkjet-based printers and laser printers. Among these, the inkjet-based printers held the largest market share with significant CAGR growth during the forecast period. The inkjet-based printers are widely used in commercial and industrial settings. The inkjet printer produces hard copy by spraying fine spread (droplets) on a paper sheet.

• The commercial segment dominates the market with the largest revenue share through the forecast period.

Based on the application, the global wide format printers market is categorized into residential and commercial. Among these, the commercial segment dominates the market with the largest revenue share through the forecast period. The wide format printers are commercially used in advertisement at in-house promotion. It is also used to create beautiful banners, signs, posters, and window clings to attract customers.

• The wired segment is expected to grow at a significant market share during the forecast period.

Based on the connectivity, the global wide format printers market is categorized into wired and wireless. Among these, the wired segment is expected to grow at a significant market share during the forecast period. Wired printers are the preferred choice over wireless printers as they provide a more convenient and reliable printing experience. These are also used to mitigate the risk of data loss which was found in wireless alternatives.

• The porous segment dominates the market with the largest market share through the forecast period.

Based on the printing material, the global wide format printers market is categorized into porous, and non-porous. Among these, the porous segment dominates the market with the largest market share through the forecast period. The rising use of porous material as a printing base due to technological innovations like additive manufacturing and 3D printing propelling the market in the porous segment. Porous printer has light weight features that are suitable for constructing drones and other lightweight structures. Incorporation of multiscale, multifunctional porous materials bolstering the market expansion of wide format printers in the porous segment.

Regional Segment Analysis of the Global Wide Format Printers Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia-Pacific is anticipated to hold the largest share of the global wide format printers market over the predicted timeframe.

Asia-Pacific is projected to hold the largest share of the global wide format printers market over the forecast period. Economic development, rising needs for textile and apparel, and a conducive environment for product manufacturing are the factors responsible for growing the demand for wide-format printers. Further, the significant growth in in graphic design, advertising, and signage sectors is also responsible for market growth in the region. The presence of major laser printer manufacturers and competition among them has decreased the selling price of laser printers. Therefore supporting the market expansion of wide format printers in the textile industry and the popularity of direct-to-fabric printers are contributing to market growth.  

North America is expected to grow at the fastest CAGR growth of the global wide format printers market during the forecast period. The US is one of the most quickly adopted technology country worldwide. Various sectors like events, meetings, concerts, the retail, building, and hospitality industries, are all significantly influencing the large format printing market. The adoption of big format printers across the nation is anticipated to be accelerated by the rising number of such start-up businesses.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global wide format printers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• HP Development Company
• Canon Inc.
• Epson Corporation
• Konica Minolta
• FujiXerox
• Agfa-Gevaert N.V.
• Seiko Epson Corporation
• Hewlett Packard Development
• Durst Group AG
• Mimaki Engineering
• Ricoh Company Ltd.
• Roland
• Brother Industries, Ltd.
• AGFA-Gavaert
• Kyocera Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Developments

• In February 2023, Mimaki announced the launch of its first DTF printer, “TxF150-75” and heat transfer pigment ink for DTF, “PHT50” for textile and apparel printing applications.

• In January 2023, Canon India launched its most cost-effective and multi-purpose Desktop A1 Plus large format printer.

• In January 2023, Epson announced its new 44-inch SureColor F6470 and SureColor F6470H dye-sublimation printers are available through authorized Epson Professional Imaging resellers.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global wide format printers market based on the below-mentioned segments:

Global Wide Format Printers Market, By Type

• Inkjet-based printers
• Toner-based printers

Global Wide Format Printers Market, By Application

• Residential
• Commercial

Global Wide Format Printers Market, By Connectivity

• Wired
• Wireless

Global Wide Format Printers Market, By Printing Material

• Porous
• Non-porous

Global Wide Format Printers Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa