Future Market Insights
Recent years have witnessed a rise in demand for printing owing to increase in manufacturing industry across the globe. This resulted in an increase in demand for digital printing which is expected to grow over the forecasted period. Nanographic printing is expected to grow on the backdrop of markets using Nano technology. Owing to the higher quality of printing and more efficiency for working speed, the market for Nanographic printing has seen a substantial growth and is expected to grow. Demand for Nanographic printing is continuously growing with technology manufacturers are eying towards burgeoning market of printing for packaging. Some of the key factors which are creating an appreciation for the growth potential of Nanographic printing are as follows: water based ink having Nano pigments which can measure tens of nanometers for diameter.
Global Nanographic Printing - Market Dynamics:
Nanographic printing market holds anticipation due to the drivers having upward growth of the printing industry. Significant change in the lifestyle and convenience of emerging economies across the globe has triggered the growth potential for Nanographic printing market. Customers are mainly focusing on quality of the print which has been considerably provided by Nanographic printing technology. In addition, it was observed that the increase in disposable income of developing countries is some of the key drivers for the dynamic growth of Nanographic printing market. Moreover, Rapid industrialization and recent innovations in the field of printing technology are other factors fueling demand for Nanographic printing globally. The growth of the global Nanographic printing market is moderately hampered by higher cost for printing ink as a raw material. Global Nanographic printing market also faces problems related to increasing stringent regulations and norms for the printing industry.
Global Nanographic Printing - Market Segmentation:
The global Nanographic printing market is segmented on the basis of material type and end use type.
Segmentation for Global Nanographic printing on the basis of material type:
Paper & Paper Board
Segmentation for Global Nanographic printing on the basis of end use:
Food and beverages
Packaging and label printing
Global Nanographic Printing Market – Regional Overview:
The global Nanographic printing market is segmented on the basis of region such as:
Middle East & Africa
The Nanographic printing market in North America region are to remain supreme for the highest revenue growth as compared to markets in other regions. Nanographic printing market in China and India are expected to have considerable growth in terms of revenue owing to technological advancements in the field of printing industry for these developing economies. Furthermore, the growth of Nanographic printing market in other parts of Asia Pacific is expected to be driven by increasing disposable income and spending power among consumers in the countries of this region. Nanographic printing market in Western Europe is expected to witness above average growth, with Germany, the U.K, Italy, and France ranking high regarding demand for Nanographic printing. Eastern Europe is also expected to have anticipation in the growth potential in Russia and Poland for Nanographic printing market. Latin America would also have a presence for Nanographic printing market and is expected to grow at a notable rate. The economic development in Brazil is projected to have a positive impact on the market for Nanographic printing. The Nanographic printing market in the MEA region is expected to witness a significant increase in revenue contribution from sales in GCC countries and South Africa. Japan is also expected to continue with the stagnant growth for Nanographic printing market over the forecast period.
Global Nanographic Printing Market – Key Players:
Presently Nanographic printing is majorly offered by Landa Corporation Ltd, which is based in Israel. Owing to its benefits and high quality of printing, the global printing market is expected to become more competitive, with more players focusing on R & D and coming up with better and faster printers.
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