*NEWS*$37BIL FOR W-FORMAT INKJET MARKET

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*NEWS*$37BIL FOR W-FORMAT INKJET MARKET

 user 2005-08-06 at 11:11:00 am Views: 50
  • #12171
    $37B+ wide-format inkjet market predicted for 2009
    According to I.T. Strategies (Hanover, MA), the worldwide retail value
    of digitally printed wide-format graphics output reached $26 billion in 2004 and
    will grow to $37 billion by 2009, a compound annual growth rate of 7% .
     
    The majority of output is advertising related, such as point of purchase
    (POP) signage, trade show graphics and billboards. I.T. Strategies says that
    segment of the market is increasing incrementally and at the expense of screen

    and offset printing. Decorative applications, such as wall coverings, also are
    on the rise.

     
    Consulting partner Marco Boer says the projected decrease in acqueous
    inkjet reflects the introduction of eco/lite solvent printers producing indoor
    and outdoor products, and the shift of much POP output from aqueous to flatbed
    printers.
     
    Wide-format inkjet graphics: retail value of output by segment
     
    In 2004, aqueous accounted for $18,544,001,762, or 73 percent of the
    market; solvent-based made up $6,492,988,656, 25 percent of the market; and
    flatbed was $481,564,522, or two percent of the market. By 2009, I.T. Strategies
    projects $16,907,097,630 aqueous, approximately 46 percent of the wide-format
    inkjet market; $17,159,912,266 solvent-based at 47 percent; and $2,306,081,591
    flatbed at six percent.