Future Market Insights has announced the addition of the “Duplication Disc Market Revenue Is Expected To Decrease to US$ 2,212.7 Mn during 2015 - 2025"report to their offering
Valley Cottage, NY -- (SBWIRE) -- 09/06/2018 -- Future Market Insights (FMI) delivers key insights on the global duplication disc market in its latest report titled, "Duplication Disc Market: Global Industry Analysis and Opportunity Assessment, 2015-2025". In terms of value, the global duplication disc market is projected to decline at a CAGR of 4.9% during the forecast period due to various restraints, regarding which FMI offers vital insights in detail in this report.
On the basis of product type, the market has been segmented into printed disc and non-printed disc. The printed disc segment accounted for over 90% share of the global duplication disc market in 2014; however, it is expected to decline at a CAGR of 4.9% during the forecast period. On the basis of printed disc type, the market is further sub-segmented into CDs, DVDs and Blu-ray discs. The DVDs sub-segment accounted for over 40% value share in 2014, which is projected to increase to 52.4% by the end of 2025, registering a gain of 660 BPS. However, the sub-segment is estimated to witness a negative CAGR of 3.7% during the forecast period.
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In this report, the market is sub-segmented by technology into inkjet, thermal and varnish printing technologies. Of these sub-segments, the inkjet printing technology sub-segment is anticipated to decline at the highest CAGR of 5.1 % during the forecast period. However, the sub- segment is projected to dominate the global duplication disc market, accounting for over 40% value share of the overall market by the end of 2025.
By application, the global duplication disc market is segmented into movie & game, music promotion, education and other application (enterprise, medical, institutional, etc.). Among these, the movie & game dominated the overall duplication disc market in with 55.3% market share, which is projected to decrease to 47.6% by the end of 2025, declining at a CAGR of 5.1% during the forecast period.
The global duplication disc market is mainly driven by preference for CDs and DVDs in developing regions, increasing demand in the media & entertainment industry and growing application in the education sector. Players in the duplication disc market are increasingly inclined towards offering one-stop-shop service to customers.
This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the duplication disc market in specific regions. By region, Western Europe dominated the duplication disc market, accounting for over 30% share of the overall market in terms of value in 2014, and is anticipated to remain dominant till the end of 2025.
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Key players in the market follow a strategy of introducing cost-effective duplication services and attractive packaging offers on disc duplication to gain competitive advantage.