Rapidly expanding domestic and industrial markets and the growth of the packaging industry have led to increased demand for specialty printing consumables. The U.S. market for specialty printing consumables is anticipated to expand at a CAGR of 4.4% during the forecast period from 2016 to 2024. The U.S. specialty printing consumables market was valued at US$ 24.09 Bn in 2015. The most significant factor fueling the market is the expansion of the commercial printing industry.
Albany, NY -- (SBWIRE) -- 07/07/2016 -- This report aims to provide a comprehensive strategic analysis of the U.S. specialty printing consumables market along with revenue and growth forecasts for the period from 2014 to 2024. Toners, inks, specialty substrates, and chemicals are the most common forms of printing consumables, used in offices and for commercial purposes. Due to their extensive use in business activity, the condition of the overall economy has a large impact on their consumption. The improving economy of North America would directly result in increased demand for these products, resulting in higher revenues from the market.
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The report provides a forecast and estimates the U.S. consumption of these specialty printing consumables in terms of revenue (US$ million) from 2014 to 2024. The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the report identifies various trends expected to impact the market during the forecast period from 2016 to 2024. It includes a comprehensive coverage of the underlying economic, environmental, and technological factors influencing the U.S. specialty printing consumables market. It provides the competitive landscape of key players in the U.S. specialty printing consumables market in order to highlight the state of competition therein. The report also provides a detailed competitive analysis of the key players in the U.S. specialty printing consumables market and identifies the various business strategies adopted by them. The study explains the penetration of each market segment within the country, and how these segments have accelerated the growth of the market as a whole.
The market for U.S. specialty printing consumables is segmented based on printing process, products, and applications. On the basis of the printing process, the market is segmented into lithographic printing, flexographic printing, rotogravure printing, and digital printing. Based on the product, the market is segmented into toner, ink, specialty substrates, and chemicals. Based on the applications, the market is segmented into office and professional application, commercial printing and publishing application, and other applications. The market size and forecast for U.S. has been provided for the period from 2014 to 2024 along with the CAGR (%) for the forecast period from 2016 to 2024.
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The report includes an overview of the market strategies, annual revenues, and the recent developments of key companies operating in the market. The key market participants profiled in this study include DIC Corporation, Canon Inc., Xerox Corporation, Hewlett-Packard Development Company, L.P., Eastman Kodak Co., Lexmark International Inc., Flint Ink Inc., and Nazdar Ink Technologies.
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