Roll To Roll Printing Market worth $62.04 billion by 2033 at a CAGR of 18.9% : Exclusive Report by PMR
Global roll to roll printing market is anticipated to witness a growth in revenue from around US$ 15.42 Bn in 2023 to US$ 62.04 Bn by 2033 - PMR
NEW YORK, NEW YORK, UNITED STATES OF AMERICA, January 5, 2023 /EINPresswire.com/ -- The roll to roll printing industry is predicted to develop to a market size of US$ 15,417.1 Mn in 2023 and US$ 62,049.6 Mn by the end of 2033. From 2023 to 2033, the roll-to-roll printing market is anticipated to expand at a CAGR of 18.9%.
The roll-to-roll printing market is expected to witness significant growth in the coming years due to increasing demand for printed products and the growing adoption of digital printing technology. The market is highly competitive with a large number of players operating in the market. Key players in the market are focusing on the development of advanced printing technologies and expanding their presence in the market through partnerships and collaborations.
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The global roll-to-roll printing market is segmented by printing technology, application, and end-use industry. Based on printing technology, the market can be divided into digital printing and conventional printing. Digital printing is expected to witness the highest growth during the forecast period due to its ability to produce high-quality prints at a faster rate and lower cost compared to conventional printing.
By application, the roll-to-roll printing market can be segmented into labels and packaging, textiles, and others. The labels and packaging segment is expected to dominate the market due to increasing demand for printed labels and packaging materials in various industries. The textiles segment is also expected to witness significant growth due to the increasing adoption of digital printing in the textile industry.
Key Takeaways from the Roll to Roll Printing Services Market Study
North America was the dominant market in 2023 in terms of value for roll to roll printing. Over the coming years, Europe is expected to be one of the key markets for sustainable revenue generation from roll to roll printing, as enhanced manufacturing and supply chain realignment are boosting market growth in the region.
The consumer electronics segment is expected to offer the highest incremental opportunity by application during the forecast period, as demand for thin, energy-efficient flexible consumer electronic devices is increasing significantly.
Many enterprises and the pharmaceutical sector are adopting this technology, as it provides RFID-integrated labels that have effective information about the product.
With growing adoption of advanced solutions and development of new business models after the advent of industry 4.0, countries in Western Europe and Asia Pacific, such as India, China, France, and ASEAN, are expected to witness potential growth opportunities.
“There is a shift in consumer purchasing patterns, with people more inclined toward paying more for branded products. For retailers to achieve this, they are focusing their efforts on enhancing their POS and shopping experience through various means, including adoption of prompt and effective roll to roll printing,” says a Persistence Market Research analyst.
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In conclusion, the roll-to-roll printing market is expected to witness significant growth in the coming years due to increasing demand for printed products and the growing adoption of digital printing technology. The market is highly competitive with a large number of players operating in the market. Key players in the market are focusing on the development of advanced printing technologies and expanding their presence in the market through partnerships and collaborations.
Key Players :
Multek Corporation
Samsung Electronics
Agfa-Gevaert Group
Molex
Nissha USA
Nippon Mektron, Ltd.
DuPont
BASF
Novacentrix
Optomec, Inc
Cambridge Display Technology Ltd
Enfucell
LG Display Co., Ltd.
Seiko Epson Corporation
Sumitomo Electric Industries, Ltd.
3M Company
Fujikura Ltd.
Electronics for Imaging, Inc.
Konica Minolta Inc.
E Ink Holdings Inc.
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Key Segments of Roll to Roll Printing Market Industry Research
By Component:
Roll to Roll Printers
Inkjet Printers
Screen Printers
Flexographic Printers
Offset Printers
Others
Services
Printing Services
Designing Services
Consultation
Support & Maintenance
By Application:
Displays
LCD Displays
OLED Displays
e-Paper Displays
Others
Membrane Switch Assemblies
Flexible Circuits
RFID Antennas
Other Electronic Products
By Industry:
Consumer Electronics
Automotive & Transportation
Healthcare
Aerospace & Defence
Retail & Packaging
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa
About the Electronics, Semiconductors, and ICT Division at Persistence Market Research
Expert analysis, actionable insights, and strategic recommendations – the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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