Global Drop on Demand (DOD) Inkjet Market – Industry Trends and Forecast to 2029

Drop on Demand (DOD) Inkjet Market Analysis and Size

In recent years, there has been a significant increase in global demand for packaging for e-commerce transport and shipment, personal care, household care, food and beverages, and healthcare. This increase in packaging demand is boosting the growth of the packaging industry, which in turn drives demand for DOD inkjet printers used for packaging. This is one of the primary factors driving the market's expansion.

Data Bridge Market Research analyses that the drop on demand (DOD) inkjet market which was growing at a value of 3.67 billion in 2021 and is expected to reach the value of USD 5.42 billion by 2029, at a CAGR of 5.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Drop on Demand (DOD) Inkjet Market Scope and Segmentation

Market Definition

A drop-on-demand inkjet printer is a type of labelling system in which the printing heads eject discontinuous droplets onto the printing substrate to produce the image via heat-induced ink bubble explosion. The ink in the tiny print cartridge chambers is first heated until it evaporates in the drop-on-demand printing technique. This allows ink bubbles to form, which then expand and inject small drops of ink onto the printing surface via a nozzle. Each nozzle has its own control.

Global Drop on Demand (DOD) Inkjet Market Dynamics

Drivers

• Rise in digitalization and the increased penetration of inkjet printers

The rise in digitalization and the increased penetration of inkjet printers in developing economies are key factors driving the drop on demand (DOD) inkjet market. The textile, packaging, and food and beverage industries are expected to drive demand for drop on demand (DOD) inkjet in the coming years. Industry suppliers and producers now have better options to sell their goods online thanks to a revolution in e-commerce. Industrial inkjet printer manufacturers and suppliers are concentrating on marketing their goods on various e-commerce websites to reach a global audience.

• Increased adoption of multi-functional printers

Rising demand for inkjet printing technology, increased adoption of multi-functional printers, and increased use of inkjet printing technology in packaging are driving the growth of the drop on demand (DOD) inkjet market. Companies in the industry are employing a variety of strategies to gain a competitive advantage over their competitors. This includes mergers and acquisitions, product development, strategic alliances, and regional expansion. The online promotion of industrial inkjet printers is expected to provide lucrative opportunities to the drop on demand (DOD) inkjet market in the near future.

Opportunity                     

Improved functionality, low printing costs, quick turnaround time, and flexibility are expected to be major growth drivers for the DOD inkjet market. On the other hand, the packaging industry is rapidly increasing the number of manufacturers and the use of glass and similar highly smooth plastics, which will provide ample opportunities for the DOD inkjet market to grow during the forecast period.

Restraints

High operating speeds are acting as market restraints for DOD inkjet during the forecasted period.

This drop on demand (DOD) inkjet market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the drop on demand (DOD) inkjet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Drop on Demand (DOD) Inkjet Market

The ongoing COVID-19 pandemic has had a significant impact on the growth of the industrial inkjet printers market. Due to the sudden closure of national and international borders, the outbreak has distorted operational efficiency and disrupted value chains, resulting in revenue loss and damage. The disrupted value chain limited raw material supply. However, as economies plan to restart their operations, global demand for industrial inkjet printers is expected to rise in the coming months.

Another factor impeding the growth of the industrial inkjet printer market is the emphasis on just-in-time production. With the anticipated increase in the importance of sustainability and application diversification in post-pandemic times, demand for industrial inkjet printers is expected to skyrocket.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Drop on Demand (DOD) Inkjet Market Scope

The drop on demand (DOD) inkjet market is segmented on the basis of process, ink material, substrate type, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Process

• Thermal DOD
• Piezoelectric DOD)

Ink Material

• Water-Based
• Alcohol-Based
• MEK Inks
• Others

Substrate Type

• Corrugated Paperboard
• Paper
• Wood
• Fabrics
• Plastic
• Metal
• Rubber
• Others

End users

• Consumer
• Education
• Industrial
• Textile
• Pharmaceutical
• Others

Drop on Demand (DOD) Inkjet Market Regional Analysis/Insights

The drop on demand (DOD) inkjet market is analysed and market size insights and trends are provided by country process, ink material, substrate type, and end user as referenced above.

The countries covered in the drop on demand (DOD) inkjet market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to hold a significant share of the global emerging inkjet printing market during the forecast period because of the widespread adoption of advanced technologies such as continuous inkjet (CIJ) and drop-on-demand (DOD) printers.

Asia-Pacific is expected to grow at a rapid pace between 2022 and 2029. Increasing awareness of digital printing technology and product innovation are two major factors driving its rapid growth.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Drop on Demand (DOD) Inkjet Market Share Analysis

The drop on demand (DOD) inkjet market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to drop on demand (DOD) inkjet market.

Some of the major players operating in the drop on demand (DOD) inkjet market are:

• Videojet Technologies, Inc. (U.S.)
• Pannier Corporation (U.S.)
• Canon Singapore Pte. Ltd. (Singapore)
• H.P. Development Company, L.P. (U.S.)
• Xerox Corporation (U.S.)
• Brother Industries, Ltd. (Japan)
• KEYENCE CORPORATION (Japan)
• Konica Minolta Business Solutions India Private Limited (India)
• Seiko Epson Corporation (Japan)
• Lexmark International, Inc. (U.S.)
• Hitachi Industrial Equipment Systems Co.,Ltd. (Japan)
• Hewlett Packard Enterprise Development L.P. (U.S.)
• Domino Printing Sciences plc (U.K.)

SKU-54955