Inject technology extracts small ink droplets to enable direct printing on a disc without contacting with the disc or the printing surface. Inject printers woks on the mechanism, in which print head is comprised of numerous small nozzles or jets, which spray the ink onto the disc. Inkjet printing on discs requires adequate time to dry. Inkjet disc printers are comparatively less expensive.
U.S., Europe & Japan inkjet disc printer market is estimated to be valued at US$ 424.8 million in 2021 and is expected to exhibit a CAGR of -1.3 % over the forecast period (2021-2028).
Recent Developments:
In May 2021, Canon U.S.A. a Japan based company which manufacture optical products launched the ColorStream 8000 series of web-fed inkjet printers.
Statistics:
Figure 1. U.S., Europe & Japan Inkjet Disc Printer Market Value (US$ Mn), by Region, 2020
Eastern Europe held dominant position in the U.S., Europe & Japan Inkjet Disc Printer Market in 2020, and accounting for 41.9% share in terms of Value, followed by U.S., Eastern Europe, respectively.
U.S., Europe & Japan Inkjet Disc Printer Market: Drivers
High cost-effectiveness is expected to drive growth of the U.S., Europe & Japan inkjet disc printer market during the forecast period
Inkjet printing technology offers smudge-free printing with more accuracy for specific types of printable discs that can absorb ink similar and offers high-quality image and artwork. Furthermore, the easy availability of printable media discs at a lower price, which in turn, is expected to drive growth of the U.S., Europe & Japan inkjet disc printer market during the forecast period.
Advantages over other printing technologies are expected to propel the U.S., Europe, & Japan inkjet disc printer market growth over the forecast period
Inkjet disc printing technology offers water-resistant, scratch-resistant direct disc printing features, as compared to labeling or sticker on-disc printing, which has a comparatively lower lifespan and forms bubbles on the disc surface, thereby affecting the smooth functioning of a disk player. Hence, these factors are expected to propel the U.S., Europe & Japan inkjet disc printer market growth in the near future.
U.S., Europe & Japan Inkjet Disc Printer Market: Opportunities
Players focused on offering one-stop-shop services can present major business opportunities
The Disc printing market is characterized by providers of disc printing and disc duplicating services. Players in the market focus on offering one-stop-shop services to customers by providing both disc printing and duplication services. This helps key players to gain a competitive advantage and enhance the customer base.
Growing demand for the replaceable print head can provide growth opportunities
In the recent decade, the demand for an inkjet printer with replaceable print head has been increasing in the global disc printer market. The prime reason being lowered maintenance costs. For instance, if the print head is damaged, the same can be replaced instead of replacing the whole machine.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2020 | Market Size in 2021: | US$ 424.8 Mn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2021 to 2028 |
| Forecast Period 2021 to 2028 CAGR: | -1.3% | 2028 Value Projection: | US$ 387.2 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Seiko Epson Corporation, Formats Unlimited (MF Digital), Primera Technologies, Inc., Microboards Technology¸ Rimage Corporation, Canon, and MF Digital Scribe |
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| Growth Drivers: |
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| Restraints & Challenges: |
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Market Trends:
Trends by technology
Disc printers using piezoelectric technology
Piezoelectric technology is the latest advancement and most preferred among leading printer manufacturers in the world such as Seiko Epson Corporation and Xaar plc, as this technology is high on quality and low on cost.
Growing demand for printed disc and inkjet technology
Printed discs, primarily used in the media and entertainment industry, are popular among other industries as well. Media companies sell movies, games, and music CDs and DVDs with their logos printed on the same artwork. This helps companies to standardize and differentiate their offerings. Inkjet is the most preferred technology for printing artwork on CDs, DVDs, or Blu-ray discs. This is mainly attributed to the ability of this technology to print high quality clear photographic images and company logos.
Figure 2. U.S., Europe & Japan Inkjet Disc Printer Market Share, By Technology, 2020
Key Takeaways of the Graph:
U.S., Europe & Japan Inkjet Disc Printer Market: Restraints
Increased adoption of on premise and cloud-based stories systems is expected to restrain growth of the U.S., Europe, & Japan inkjet disc printer market during the forecast period
Rising adoption of on premises such as hard disk drive and cloud-based storage system has led to a decrease in demand for media disks across the globe. Since these substitutes are faster, more convenient, and available at competitively lower prices than media discs, which make them more popular among end users. Thus, these factors expected to restrain growth of the U.S., Europe & Japan inkjet disc printer market during the forecast period.
High cost of raw materials is expected to hinder the U.S., Europe & Japan inkjet disc printer market growth over the forecast period
High cost raw material of recordable optical disc and low profit margins, owing to the vast availability of alternatives. As a result of this, the majority of players are shutting operations or divesting in other sectors, which in turn, is expected to hinder the U.S., Europe & Japan inkjet disc printer market growth over the forecast period. For instance, Taiyo Yuden Co. Ltd. and TDK Corp., Japan-based electronic component manufacturers announced the withdrawal of optical media business in 2015 and 2013 respectively.
U.S., Europe & Japan Inkjet Disc Printer Market: Competitive Landscape
Key players operating in the U.S., Europe & Japan inkjet disc printer market are Seiko Epson Corporation, Formats Unlimited (MF Digital), Primera Technologies, Inc., Microboards Technology¸ Rimage Corporation, Canon, and MF Digital Scribe.
U.S., Europe & Japan Inkjet Disc Printer Market: Key Developments
Key players in the market are focused on product development, in order to expand product portfolio. For instance, in January 2017, Primera Technologies, Inc. introduced Bravo 4200-Series disc printers and disc publishers.
Inkjet disc printer supplies offer several benefits over regular label printing with adhesive labels or markers: Inkjet discs print directly onto the original surface of the disc, thus saving you both time and inconvenience of applying standard adhesive labels. You can print in different colors and various sizes using a single disc printer, eliminating the need for several machines. You can also control the quality of your print with the ability to set quality levels for a wide variety of text and graphics. You can also preview your prints before printing to confirm that everything is going to appear right on the disc. Most inkjet disc printer supplies are also machine washable, which allows you to make frequent clean-ups to maintain quality.
Market Dynamics:
Launch of new products is expected to propel growth of the U.S., Europe & Japan inkjet disc printer market over the forecast period. For instance, in July 2021, Seiko Epson Corporation announced to add two new printheads to its lineup.
Major players operating in the U.S., Europe & Japan inkjet disc printer market are focused on launching new products to expand their product portfolio. For instance, in July 2021, Primera Technology, Inc. launched new LX3000 Color Label Printer.
Key features of the study:
Detail Segmentation
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