Headline: Ink/toner demand to reach $13 billion by 2007
Cleveland (OH): Research firm the Freedonia Group sees demand for ink and toner reaching $13 billion by 2007.
The company expects the market for toner in particular to be boosted by large installations of laser printers by businesses and the increased use of more expensive colour toner.
Freedonia sees the entire $12.6 billion US printing consumables market, including coated digital paper and synthetic print media, growing more than 7% a year to reach around $18 billion by 2007.
The company said the growth would be driven by “a shift toward digital printing in offices and homes and increasing needs for end-product differentiation and document security in industrial printing”.
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