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Inkjet Card Printer Market Size, Share Global Analysis Report, 2019–2026
Inkjet Card Printer Market By Product Type (Thermal Foaming and Micro Piezo), and By Application (Cards with RFID, Cards with Mag Strips, Cards with Holograms and Cards with Engraved): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026
Industry Insights
This professional and specialized report study examines the technical and business perspective of the Inkjet Card Printer industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Inkjet Card Printer market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Inkjet Card Printer market.
The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (K Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
Key Insights from Primary Research
- Our primary respondents believed the market to witness a steady growth of 3% over the forecast period on account of rising passenger traffic coupled with supportive governmental policies especially across some Asian and European countries.
- Some of the CXOs predict the Micro Piezo segment to maintain its dominance throughout 2026 due to increased demand for cost effective printing options from large scale enterprises. However, they also conveyed that OEMs are now partnering with local and domestic players to establish a competitive edge in inkjet card printer market.
- Some of the industry experts interviewed in North America revealed that the countries such as the U.S. and Canada have great demand for sustainable packaging; this has led to increased demand for high quality printing technology. Interviewees expect such reasons to increase the growth of inkjet card printers in North America over the forecasted time span.
- The subject matter experts suggest investing in innovative printing technologies to come up with newer, economic and more efficient printing systems. They believe that these advanced technologies will witness widespread acceptance across the ecosystem of inkjet card printer market.
Key Recommendations from Analysts
- Our analysts recommend focusing on the North AmericaInkjet Card Printer market since their calculations revealed that this region turned out to be the top investment pocket across the globe.
- The major reason behind the surging growth and lucrative opportunities underlying in this region is the increasing digitalization across various industries for packaging and label printing.
- Europe, on the other hand, is expected to foresee a robust growth of around 7% per annum. This is majorly attributed to developing innovations in printing industry across the U.K., Germany and other dominant countries.
- Increasing investment by large scale companies across Asia Pacific in countries such as China, Japan and India is expected to drive the application type segment in this region. The FnF analysts estimated the application segment in Asia Pacific to generate revenues worth USD 700 million by the end of the forecast period.
- The executive summary of the report reads the total incremental opportunity underlying in the global Inkjet Card Printer market is nearly USD 1300 million between 2015 and 2026.
Inkjet Card Printer – Cost Structure
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Inkjet Card Printer market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Inkjet Card Printer market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Inkjet Card Printer market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Inkjet Card Printer market.
The research study provides a critical assessment of the Inkjet Card Printer industry by logically segmenting the market on the basis of product type, application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Inkjet Card Printer industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Inkjet printing, a key process in the evolution of digital print, this process involves spraying tiny droplets of liquid ink onto paper with utmost precision, resulting in high-quality images. Inkjet Card printers market has viewed an upsurge with an increase in demand for superior quality graphics and packaging printing requirements.
The inkjet printing method is inexpensive in comparison to other printing options. One of the key factors driving the growth of this market is the emergence of the internet of things and the digitalization of printing and packaging across various applications around the globe.
However, high initial investment cost to set up an inkjet printing process among small and medium enterprises is anticipated to slow down the growth of the market over the forecast period.
The Inkjet Card Printer market is segmented based on product type and application.In terms of product type, the market is bifurcated into thermal foaming and micro piezo. Based on application, the Inkjet Card printer market is classified into cards with RFID, cards with mag strips, cards with holograms and cards with engraved.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 843.4 Million |
Projected Market Size in 2026 |
USD 1300 Million |
CAGR Growth Rate |
6.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
HID Global, Zebra technologies, Entrust Datacard, Evolis, Kanematsu Corporation, NBS Technologies, Magicard, Matica Technologies, MF Group. , and others. |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the key players operating in the Inkjet Card Printer market include:
- HID Global
- Zebra technologies
- Entrust Datacard
- Evolis
- Kanematsu Corporation
- NBS technologies
- Magicard
- Matica Technologies
- MF Group
The taxonomy of the Inkjet Card Printer Market by its scope and segmentation is as follows:
By Product Type Segmentation Analysis
- Thermal Foaming
- Micro Piezo
By Application Segmentation Analysis
- Cards with RFID
- Cards with Mad strips
- Cards with Holograms
- Cards with Engraved
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
Industry Major Market Players
- HID Global
- Zebra technologies
- Entrust Datacard
- Evolis
- Kanematsu Corporation
- NBS technologies
- Magicard
- Matica Technologies
- MF Group
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