U.S. Specialty Printing Consumables Market To Grow…

[news]

U.S. Specialty Printing Consumables Market To Grow thanks to demand from development ink and consumer and packaging industries.
 by James Martin.

The U.S. specialty printing consumables market is presented with a massive growth opportunity as a result of the economic recovery of the U.S, as new offices are being set up and old ones are being refurbished. This development in the U.S. corporate scenario has propelled the demand for specialty printing consumables such as toners, inks, specialty substrates, and other chemicals in order to support these business activities. The rapid growth in demand has fueled the development of the specialty printing consumables market across the U.S.

In addition to this, the expansion of the specialty printing consumables market in the U.S. is a result of the growth of the color laser printing as well as digital camera industries.

The in-house printing of photographs is a popular trend in the U.S., which has added significantly to the growth of this market.   Apart from these, the application of specialty printing consumables in various printing procedures requisite in educational institutions and offices, and in the packaging industry to mark labels and tags and to print on various consumer products is also driving the U.S.

specialty printing consumables industry.   On the other hand, the strict government regulations pertaining to environmental preservation is creating a hindrance in the growth of the specialty printing consumables market in the U.S.

Further, the scarcity of raw materials and a strong trend of the U.S. electronic media replacing the concept of printing are other key challenges the specialty printing consumables market in U.S.

is facing at present.   U.S. Specialty Printing Consumables Market to Register 5.3% CAGR from 2013 to 2018   The U.S.

market for specialty printing consumables is evaluated on the basis of types of products and the applications of these consumables.   On the basis of product type, the U.S.

specialty printing consumables industry is classified into ink, toner, specialty substrate, and chemicals. Among these, the specialty substrate market is projected to witness a significant surge in demand.

The market for ink is also expected to rise substantially owing to the increasing demand for in-house printers. The trend for in-house printing is on the rise in the U.S., as customers are more interested in owning a digital camera in order to capture and print beautiful moments instantly.

The market for ink in the U.S. had reached a value of US$4.5 billion in 2011. This industry is expected to show a healthy growth at a CAGR of 3.3% during the period from 2013 to 2018 and is estimated to reach US$5.7 billion by the end of 2018.

Apart from these, the demand for toners in the U.S. is expected to be worth US$13.6 billion by 2018.

Based on applications, the specialty printing consumables market in the U.S. is categorized into office and professional application market, commercial printing and publishing market, and other application market such as the consumer and packaging industry.

The consumer and packaging industry is likely to exhibit robust growth owing to the increasing demand from the U.S. food and beverage packaging market.

This rise in demand can be attributed to the recuperating economy and rising income levels in the U.S. Further, the demand for printing consumables for office and professional applications is estimated to develop at a 5.6% CAGR between 2013 and 2018.

Overall, the U.S. specialty printing consumables market had reached a value of US$19.7 billion in 2011. It is expected to grow at a CAGR of 5.3% during the period of 2013 – 2018 to attain a value of US$28.1 billion by 2018.

DIC Corp., Xerox Corp., Arizona Chemical, Canon Inc., American Ink Jet Corp., Claire Manufacturing Co., FUJIFILM, 3M, and Hewlett Packard are the major players operating in the U.S. specialty printing consumables market.

U.S. Specialty Printing Consumables Market To Grow thanks to demand from development ink and consumer and packaging industries.
 by James Martin.

The U.S. specialty printing consumables market is presented with a massive growth opportunity as a result of the economic recovery of the U.S, as new offices are being set up and old ones are being refurbished. This development in the U.S. corporate scenario has propelled the demand for specialty printing consumables such as toners, inks, specialty substrates, and other chemicals in order to support these business activities. The rapid growth in demand has fueled the development of the specialty printing consumables market across the U.S.

In addition to this, the expansion of the specialty printing consumables market in the U.S. is a result of the growth of the color laser printing as well as digital camera industries.

The in-house printing of photographs is a popular trend in the U.S., which has added significantly to the growth of this market.   Apart from these, the application of specialty printing consumables in various printing procedures requisite in educational institutions and offices, and in the packaging industry to mark labels and tags and to print on various consumer products is also driving the U.S.

specialty printing consumables industry.   On the other hand, the strict government regulations pertaining to environmental preservation is creating a hindrance in the growth of the specialty printing consumables market in the U.S.

Further, the scarcity of raw materials and a strong trend of the U.S. electronic media replacing the concept of printing are other key challenges the specialty printing consumables market in U.S.

is facing at present.   U.S. Specialty Printing Consumables Market to Register 5.3% CAGR from 2013 to 2018   The U.S.

market for specialty printing consumables is evaluated on the basis of types of products and the applications of these consumables.   On the basis of product type, the U.S.

specialty printing consumables industry is classified into ink, toner, specialty substrate, and chemicals. Among these, the specialty substrate market is projected to witness a significant surge in demand.

The market for ink is also expected to rise substantially owing to the increasing demand for in-house printers. The trend for in-house printing is on the rise in the U.S., as customers are more interested in owning a digital camera in order to capture and print beautiful moments instantly.

The market for ink in the U.S. had reached a value of US$4.5 billion in 2011. This industry is expected to show a healthy growth at a CAGR of 3.3% during the period from 2013 to 2018 and is estimated to reach US$5.7 billion by the end of 2018.

Apart from these, the demand for toners in the U.S. is expected to be worth US$13.6 billion by 2018.

Based on applications, the specialty printing consumables market in the U.S. is categorized into office and professional application market, commercial printing and publishing market, and other application market such as the consumer and packaging industry.

The consumer and packaging industry is likely to exhibit robust growth owing to the increasing demand from the U.S. food and beverage packaging market.

This rise in demand can be attributed to the recuperating economy and rising income levels in the U.S. Further, the demand for printing consumables for office and professional applications is estimated to develop at a 5.6% CAGR between 2013 and 2018.

Overall, the U.S. specialty printing consumables market had reached a value of US$19.7 billion in 2011. It is expected to grow at a CAGR of 5.3% during the period of 2013 – 2018 to attain a value of US$28.1 billion by 2018.

DIC Corp., Xerox Corp., Arizona Chemical, Canon Inc., American Ink Jet Corp., Claire Manufacturing Co., FUJIFILM, 3M, and Hewlett Packard are the major players operating in the U.S. specialty printing consumables market.

[Author]

May 26, 2015 at 12:57 PM