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Printing Toners Market to amass major gains over 2024, North America likely to dominate the regional demand

Author : Rahul Varpe | Published Date : 2019-04-02 

North America had the highest share in the global printing toners market in 2016 and had revenue exceeding USD 1 billion. Technological proficiency in laser printing and massive product requirement for bulk commercial printing applications in the region will boost the industry growth in the coming years. The flourishing packaging industry in Asia Pacific and the rising popularity of customized printers in the region will have a positive influence on the regional demand for printed toners. Asia Pacific will observe a CAGR of 7% by 2024.

Printing toners Market will surpass USD 5.5 billion by 2024; according to a new research report. Strong growth in the packaging industry is likely to be a key driver for the global printing toners market growth in the near future.

Advanced techniques in various fields, such as advertising and brand management and increasing importance to visual traits in product presentation, offer a positive outlook on the demand for printing toners. The growing demand for the improved packaging designs from several end-use industries including electronics, food & beverage, textile, pharmaceutical, etc., will drive the printing market growth.

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Rising industrialization has resulted in improved communication trends with considerable importance to public relations in the last decade. Modern presentation tendencies in business communication have led to a rise in printing bookmarks, manuals, catalogs, banners, and brochures. Such traits will expand the printing toners market by 2024.

Increasing demand for laser printing rather than inkjet printing, especially in the commercial printing operations, will have a positive influence on the printing toners market. The inclination toward laser printing among the industry participants will be mainly attributed to various features such as reduced cost per copy, enhanced print quality, and speedy operations.

Printing toners market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:

Printing Toners Market by Production Technology

  • Conventional Toner
  • Chemically Prepared Toner
  • Polyester
  • Styrene-acrylic

Printing Toners Market by Raw Materials

  • Polyester
  • Styrene-acrylic

Printing Toners Market by Application

  • Monochrome
  • Color

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Chemically-prepared toners segment is estimated to have the fastest growth over the forecast timespan with gains at over 7% CAGR. Additionally, the rising production of laser copiers, which are suitable with chemically-prepared toners is expected to augment the printing toners market by 2024.

Key market participants are EPSON, HP, Inc., Konica Minolta, Canon, Inc., Brother International, American Tonerserv Corporation, Toshiba, ACM Technologies, etc.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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