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Global Large Format Printers Market 2017-2021

About large format printers

LFPs (also known as wide-format printers) are printers that support maximum print roll width of 18 inches to 100 inches. The major areas where LFPs find application include print banners, posters, backdrop for theaters, constructional designs, and different other large-format artworks. Most of the LFPs available currently are based on inkjet printing technology. Aqueous, solvent, dye sublimation, UV, and pen/plotters are the technologies used to transfer ink in LFPs.

Technavio’s analysts forecast the global large format printers market to grow at a CAGR of 1.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global large format printers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the shipment of LFPs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Large Format Printers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Canon
  • EPSON
  • HP
  • Mimaki
  • Roland
Other prominent vendors
  • Agfa Graphics
  • Konica Minolta
  • Kyocera
  • Lexmark
  • Mutoh
  • Ricoh
  • Xerox
Market driver
  • Growing adoption of UV-curable ink
  • For a full, detailed list, view our report
Market challenge
  • Emergence of digital substitution
  • For a full, detailed list, view our report
Market trend
  • Adoption of latex ink
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Large Format Printers Market 2017-2021

Technavio recognizes the following companies as the key players in the global large format printers market: Canon, EPSON, HP, Mimaki, and Roland.

Other Prominent Vendors in the market are: Agfa Graphics, Konica Minolta, Kyocera, Lexmark, Mutoh, Ricoh, and Xerox.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is adoption of latex ink. This is the new ink that has been adopted by the vendors. HP was the first vendor to launch it in the market. Ricoh and Mimaki have also started adopting it. The latex ink is a water-based polymer that is bonded to the substrate by heat. Latex ink does not need air purification or solvent extraction. The output of the latex print is odorless, which makes it suitable for indoor applications like wallpaper.”

According to the report, one of the major drivers for this market is growing adoption of UV-curable ink. UV curing offers efficient curing of inks using high-intensity UV light. Though it is not a new technology and has been in use in several industries, adoption of this technology for large-format printing is now increasing steadily.

Further, the report states that one of the major factors hindering the growth of this market is emergence of digital substitution. Digital substitution is growing at a rapid rate, cutting down the print market. As of 2016, most of the work is done online, which was earlier done with the help of the printers. Posters and banners have become digitized. This substitution is happening because it is less time-consuming, of low cost, and fast. In addition, with the increased market of online retailing and advertising, the printing market is losing its share.

Companies Mentioned

Canon, EPSON, HP, Mimaki, Roland, Agfa Graphics, Konica Minolta, Kyocera, Lexmark, Mutoh, Ricoh, Xerox.

  • Executive summary
  • Scope of the report
    • Market overview
    • Market size calculation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global LFPs market: Overview
    • Market size and forecast
      • Table Global LFPs market 2016-2021 ($ millions)
      • Table Global LFPs market 2016-2021 (thousands of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Table Global LFPs market: Segmentation by technology 2016 (%)
    • Table Global LFPs market: Segmentation by technology 2016-2021 (%)
    • Global aqueous ink-based LFPs market
      • Table Global aqueous ink-based LFPs market 2016-2021 ($ millions)
    • Global solvent ink-based LFPs\ market
      • Table Global solvent ink-based LFPs market 2016-2021 ($ millions)
    • Global UV-cured ink-based LFPs market
      • Table Global UV-cured ink-based LFPs market 2016-2021 ($ millions)
    • Global latex ink-based LFPs market
      • Table Global latex ink-based LFPs market 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global LFPs market: Segmentation by geography 2016 (%)
    • Table Global LFPs market: Segmentation by geography 2016-2021 (%)
    • LFPs market in APAC
      • Table LFPs market in APAC 2016-2021 ($ millions)
    • LFPs market in Americas
      • Table LFPs market in Americas 2016-2021 ($ millions)
    • LFPs market in EMEA
      • Table LFPs market in EMEA 2016-2021 ($ millions)
  • Market drivers
    • Growing adoption of UV-curable ink
    • Declining ASP of LFPs
      • Table ASP of LFPs 2016-2021 ($)
    • Increased demand for MFPs
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Emergence of digital substitution
    • Increasing cost of raw materials
    • Fluctuations in exchange rate
      • Table Correlation of seven different currencies measured in JPY
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Adoption of latex ink
    • Reduction in use of ink in LFPs
    • Growing market for 3D printing
  • Vendor landscape
    • Competitive scenario
      • Table Market share analysis of LFPs vendors 2016 (based on unit shipments)
      • Table Vendor matrix
    • Other prominent vendors
      • Table Other prominent vendors: Global LFPs market
  • Key vendor analysis
    • Canon
      • Table Canon: Product portfolio
      • Table Canon: Recent developments
    • EPSON
      • Table EPSON: LFPs product portfolio
      • Table EPSON: Recent developments
    • HP
      • Table HP: Product portfolio
      • Table HP: Recent developments
    • Mimaki
      • Table Mimaki: Recent developments
    • Roland
      • Table Roland: Product portfolio
      • Table Roland: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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