The global large format printer market revenue was US$ 9.56 billion in 2021. The global large format printer market revenue is forecast to reach US$ 13.70 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022-2030.
Large format printers print materials that cannot fit on the most commonly used commercial printing presses. For large format printing, one needs special production equipment capable of accommodating bigger-than-normal print sizes. Typically, it is a flat wall-hanging; however, it can also be folded or free-standing in some situations. As with inkjet printers, it sprays ink onto selected materials to quickly produce crisp, detailed prints. Besides printing banners, posters, trade show graphics, wallpapers, and vehicle images, large format printers use a variety of applications.
Factors Influencing Market Growth
A variety of factors drive the growth of the global large format printer market, including the growing use of large format printers in textile and advertising industries, increasing popularity of dye-sublimation printing, and a rise in UV-curable inkjet printers adoption.
Investments and operating costs may have a negative impact on the growth of the global large format printer market.
A rise in usage of large format printers for vehicle wraps and home furnishings is forecast to create opportunities for the global large format printer industry.
Impact Analysis of COVID-19
The COVID-19 pandemic had negatively impacted the global large format printer market. Due to low spending power and reduced investment in lifestyle needs, clothing and textiles sectors were in lower demand. It has led to a decline in large format printer demand from apparel and home decor applications. Furthermore, the continuous decline in home decor product demand and exports negatively affected the large format printer market.
Post-COVID-19, the global large format printer market is forecast to recover slowly as governments worldwide are easing the restrictions and the economy is recovering.
Region-wise, Asia Pacific is forecast to grow at a significant rate during the forecast period in the global large format printer market. This growth is due to the growing use of large format printers in graphics printing, apparel, textile printing, computer-aided design (CAD), and technical printing. APAC leads the global textile industry. In terms of textiles, China and India are the largest suppliers. These countries hold the largest number of textile print owners and marketers, and they also have the highest number of textile manufacturers. In addition, the fast-growing retail advertisement and graphic printing industries in emerging economies such as India are forecast to contribute significantly to the growth of the large format printer market in APAC.
The leading prominent companies profiled in the global large format printer market are:
Durst Group AG
HP Development Company, L.P.
Konica Minolta, Incorporated
Mimaki Engineering Co., Limited
The Ricoh Company, Limited
FUJIFILM Holdings Corporation
Other Prominent Players
Scope of the Report
The global large format printer market segmentation focuses on Offering, Printing Technology, Print Width, Ink Type, Application, and Region.
Segmentation based on Offering
Segmentation based on Printing Technology
Thermal Inkjet Technology
Electrostatic Inkjet Technology
Crystal Based Technology
Toner Based Printing (Laser Systems)
Segmentation based on Print Width
11" TO 24"
24" TO 36
34" TO 44"
44" TO 60"
60" TO 72"
Segmentation based on Ink Type
Segmentation based on Application
Apparels and Textile
CAD and Technical Printing
Segmentation based on Region
Rest of Western Europe
Rest of Eastern Europe
Australia & New Zealand
Rest of Asia Pacific
Middle East & Africa (MEA)
Rest of MEA
Rest of South America