DACH Large Format Printing Services Market - Forecast(2024 - 2030)
DACH Large Format
Printing Services Market Overview
The DACH Large Format Printing Services Market is poised to reach $3.2 Billion by 2027, advancing at a CAGR of 2.9% during the forecast period 2022-2027. A large Format Printer is generally used to print banners, posters, wallpaper, vehicle wraps, trade show graphics, constructional plans and so on is considered to be more economical than screen printing. The surge in demand for large format printing increases across various industries such as textiles, advertising and packaging industries and availability of wireless printing facilities provide consumers to print documents from any wireless device acts as the major drivers for the growth of Large Format Printing during the forecast period 2022-2027. Moreover the usage of UV-cured ink for large format printing to print images on board, glass and wood also accelerate the market growth. The growing popularity of Dye-Sublimation and Toner based technology printing in event photography & photo booths also propels the market growth. In August 2020, Epson, a global provider of digital printing solution announced the launch of 24 inches dye-sublimation ink tank printer in India. It is designed to produce customized T-shirt, personalized awards and so on. Hence these factors drive the market during the forecast period 2022-2027.
Report Coverage
The report based on: “DACH Large Format
Printing Services Market Forecast (2022-2027)”, by IndustryARC,
covers an in-depth analysis of the following segments of the DACH Large Format
Printing Services Market.
By Technology: Ink-based (Inkjet
Printer), Toner Based (Laser) Printer.
By Ink Type: Aqueous, Solvent,
UV-Curable, Latex, Dye-Sublimation.
By Print Width: Upto 24”,
24-36”, 36-44”, 44-60”, 60-72”, 72” and above.
By Application: Apparel
& Textile, Signage, Advertising, Décor, CAD & Technical Printing and
Others.
By Geography: Germany, Austria,
Switzerland
Key Takeaways
- Large Format Printer with width ranging from 24” to 36”is analyzed to hold the highest share during the forecast period.
- Signage is analyzed to hold highest share at 31.2% in 2021 and is projected to witness fast growth during the forecast period 2022-2027, owing to wide range of applications such as advertisement, warning signs and so on.
- Germany dominated the DACH Large Format Printing Services Market in 2021 with a share in excess of 72.7%, owing to emerging graphical industry.
DACH Large Format Printing Services Market, By Region, 2021
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DACH Large Format Printing Services Market Segment Analysis - by Print Width
Large Format Printer with
width ranging from 24” to 36”is analyzed to hold the highest share with a value
of 35.1% in 2021, owing to usage in signage, CAD applications and so on.
Printers with 24”-36” are technologically updated with a wide range of features
such as high-speed printing, wireless printing from anywhere, inbuilt ram,
compatibility with mobile devices and efficient ink cartridges. In October
2020, EPSON India announced the launch of 2 new SureColor P-Series printers 24”
SureColor SC-P7530 and 44” SureColor SC-P9530, designed to capture every detail
with amazing colors brilliance and accuracy. It is ideal for Photo, Fine Arts,
Graphic Design and Proofing Applications.
DACH Large Format Printing Services Market Segment Analysis - by Application
By Application, the DACH Large Format Printing Services Market is segmented into Apparel & Textile, Signage, Advertising, Décor and CAD as well as Technical Printing. Signage in Large Format Printer segment is growing at 31.2% in 2021 and is projected to witness fast growth during the forecast period 2022-2027, owing to the increasing usage for advertising and marketing. The demand for Large Format Printer increases for printing indoor and outdoor signage boards to show advertisements, warning symbols in highways and so on. Signage can boost the sales of goods and services by drawing attention of customers. Presently, the demand for soft signage is quite high due to its lightweight, washable and long lasting fabrics; therefore manufactures are focusing on expanding their product portfolios. In May 2021, HP Inc announced the latest edition to its HP Stich Portfolio i.e. 126 HP Stich S1000 printer for soft signage and interior decorations. It is designed to provide high quality printing with greater versatility and smooth operation.
DACH Large Format Printing Services Market Segment Analysis - by Geography
Germany dominated the DACH Large Format Printing Services Market by a market share of more than 72.7% in 2021, owing to rise in use of large format printer for graphic printing, signage, textile printing and Computer aided design (CAD) as well as technical printing. Increase in wages, urbanization and rise in standard of living which in turn boost the consumer demand for digital printing. Moreover, the emerging graphic printing, digital textile printing and advertising as well as marketing industry has been assessed as the key driver assisting the DACH Large Format Printing Services Market growth during 2022-2027. Due to increasing digitalisation and the rise in the proportion of the population with a fixed internet connection or internet access via a mobile device, demand for print products has fallen over the past five years and is expected to continue on through the forecast period.
DACH Large Format Printing Services Market Drivers
Increasing adoption of UV-curable Inkjet Printer
Rise in adoption of UV Curable Inkjet Printer has accelerated the growth of the DACH Large Format Printing Services Market during the forecast period 2022-2027. UV Inkjet printer uses UV digital printing technology to transform a 2D digital image to a 3D object. It offers high quality images as well as improves productivity. UV-Curable Ink is used in printers and offer high speed, quick dry, low energy and environmentally friendly solution. It is widely used in variety of industries such as electronics, promotional, interior decoration and so on. With UV-Inkjet printer, direct printing is possible on resin, glass and metal. In April 2021, Mimaki Engineering Co Ltd, a renowned manufacturer of industrial ink jet printer, plotter and 3D printer, announced the launch of JFX 600-2513 & JFX 550-2513 large flatbed UV Inkjet printer. It is designed with features such as up to 300 % faster print speed, high value added printing technology such as UV printing and mdl command to control printer automation.
Growing adoption of large format printer in vehicle wrap and home furnishing applications
Demand for digital print on curtains, wall hangings to cushions and bed covers is increasing, which accelerates the adoption of Large Format Printer for home décor applications. Large Format Printers are used to print high quality images quickly and accurately. Presently, Dye-Sublimation printers are used in home décor applications by production of more vibrant colors. In February 2020, Mimaki Engineering Co Ltd, a renowned manufacturer of industrial ink jet printer, plotter and 3D printer, announced the launch of Tx300P-1800MKII, a hybrid digital textile printer. It is designed with capabilities such Sublimation Transfer and expand the possibilities of new materials and applications drastically. Presently, vehicle wrap acts as an excellent tool for mobile advertisement, thus accelerate the demand for large format printer. Roland DGA, an international pioneer in printing technology, manufactures world’s best printers for vehicle wrap application.
DACH Large Format Printing Services Market Challenges
High Investment and Operating cost
High initial investment is required to install and maintain Large Format Printer, thereby impede the market growth. Large format printer requires lot of materials to operate such as costly inks and so on. This is in addition to the printer itself which costs $3000-$4000 at a base level. High electricity consumption is also associated with these printers. Thus high operational cost is analyzed to be one of the major challenges impeding the market growth during the forecast period 2022-2027. This high operational cost drives up the price of large format prints to $50-$100 thus limiting customer demand.
DACH Large Format Printing Services Industry Outlook
Partnership, Acquisitions,
Collaboration, technology launches and R&D activities are key strategies
adopted by players in the Large Format Printer. The top companies in
the Large Format Printer are:
- B&K Offsetdruck GmbH
- Cewe Stiftung & Co. KGaA
- Bertelsmann SE & Co. KGaA
- Bundesdruckerei GmbH
- Flyeralarm GmbH
- Firmengruppe Appl Holding GmbH & Co. KG
- GGP Media GmbH
- Optimal Media GmbH
- Druckerei C. H. Beck
- Seltmann Printart
Recent Developments
- In January 2021, Epson launched new large format latex printer i.e. SureColor R5030 & SureColor R5030L for DACH Market. It is designed to offer versatility in applications, high speed, quality printing and self serviceability.
- In March 2019, Roland DG Corporation launched TrueVIS VG2-640 & VG2-540 large format inkjet printer with features such as new color modes for more elaborate color reproduction and increased print accuracy.
Relevant Report Titles
Large Format Inkjet
Printers Market – Forecast (2021 - 2026)
Report Code: ESR 0260
Printers Market – Forecast
(2021 - 2026)
Report Code: ESR 0585
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