How Has the Printing Toners Market Evolved Historically and What is its Current Size?
The printing toners market has seen considerable growth due to a variety of factors.
•In recent times, the market size for printing toners has seen robust growth. This market's projected growth is from $4.74 billion in 2024 to an anticipated $5.06 billion in 2025, at a compound annual growth rate (CAGR) of 6.8%.
Factors that have contributed to historic growth include the expansion of the packaging industry, a rise in demand for printed materials, growth of the commercial printing sector, internationalization of the printing industry, and the use of laser printers.
What is the Forecasted Market Size and CAGR for the Printing Toners Market?
The printing toners market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for significant expansion in the printing toners market in the upcoming years, with forecasts predicting it will reach a value of $6.7 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 7.3%.
This anticipated growth during the forecast period is linked to an increase in demand for eco-friendly printing solutions, the e-commerce industry's expansion, the rise in the use of 3d printing, growth of the packaging and labeling market, advancements in high-speed inkjet printing, and the need for bespoke and personalized printing. The forecast period is also expected to see new trends, including the embrace of water-based and bio-based toners, a transition towards digital printing, greater emphasis on energy-saving printing technologies, the introduction of smart printing technologies and the incorporation of artificial intelligence into printing procedures.
What Key Factors and Trends are Driving the Growth of the Printing Toners Market?
The burgeoning need for printers is predicted to spur the advancement of the printing toner market in the future. Printers, which are hardware output mechanisms that process text and graphic output from a computer and convey that information onto paper, utilize ink or toner for the purposes of precise printing, enhancing speeds, and delivering crisp text and imagery. For example, Smithers, an American multinational corporation, has forecasted that from 2022 to 2027, the growth rate of the analogue printing industry will be 0.8%, while the digital printing industry is set to witness a 5.7% growth rate. Thus, this escalating demand for printers is fuelling the development of the printing toner market.
What are the Market Segments in the Printing Toners Market?
The printing toners market covered in this report is segmented –
1) By Type: Laser Toner, Analog Copier Toner, Digital Copier Toner, Other Types
2) By Technology: Conventional Toners, Chemical Toners
3) By Raw Materials: Polyester, Styrene-Acrylic, Specialty Polymers
4) By Application: Monochrome Printing, Color Printing
5) By End-User: Printing, Stationary, Packaging, Fast Moving Consumer Goods, Advertising, Branding, Other End-Users
Subsegments:
1) By Laser Toner: Standard Laser Toner, High-Yield Laser Toner, Specialty Laser Toner
2) By Analog Copier Toner: Black Copier Toner, Color Copier Toner, Specialty Analog Copier Toner
3) By Digital Copier Toner: Black Digital Copier Toner, Color Digital Copier Toner, High-Performance Digital Copier Toner
4) By Other Types: Toner Cartridges for Multifunction Printers, Specialty Toners, Refillable Toner Options
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What Trends are Shaping the Printing Toners Market?
Product innovation is standing out as a crucial trend that's gaining traction in the printing toner industry. Major firms involved in the industry are focusing on product development to consolidate their market standing. Specifically, in May 2023, the U.S.-based Print-Rite Inc., recognized for its superior imaging supplies, introduced Toner Cartridges specifically for Kyocera Printers. This product, which blends uniqueness with a chip, offers patent-protected technology, robust and high-quality printing performance, and professional-standard prints. It is equipped with permanent ink, ensuring unparalleled security.
Who Are the Key Players in the Printing Toners Market?
Major companies operating in the printing toners market include:
• Dell Inc.
• Hewlett-Packard Inc.
• Panasonic Corp.
• Canon Inc.
• Toshiba Corporation
• Fujifilm Holdings Corporation
• Kyocera Corporation
• Ricoh Company Ltd.
• Kao Corporation
• Seiko Epson Corp.
• Konica Minolta Inc.
• Xerox Holdings Corporation
• Brother Industries Ltd.
• Lexmark International Inc.
• Pitney Bowes Inc.
• The Eastman Kodak Company
• Raven Industries Inc
• ACM Technologies Inc
• Tokyo Printing Ink Mfg Co. Ltd.
• Olivetti S.p.A
• Clover Imaging Group
• INX International Ink Co
• AstroNova Inc.
• TROY Group Inc.
• Tomoegawa Co Ltd
• Toner Italia SRL
• DuraFast Label Company
• Samsung Fine Chemicals Co. Ltd
• Colart International Holdings Ltd
• American Tonerserv Corp.
What are the Regional Insights into the Printing Toners Market?
North America was the largest region in the printing toners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the printing toners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
