Europe Procure To Pay Solution Market Size, Share & Industry Analysis Report By Component (Software and Services), By Deployment (Cloud and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), By End Use (Manufacturi

The Global Production Printer Market size is expected to reach $11.27 billion by 2032, rising at a market growth of 4.4% CAGR during the forecast period.

Key Highlights:

• The Asia Pacific market dominated Global Production Printer Market in 2024, accounting for a 39.95% revenue share in 2024.
• The China market is projected to maintain its leadership in North America, reaching a market size of USD 1.27 billion by 2032.
• Among the Type, the Inkjet Production Printers segment dominated the global market, contributing a revenue share of 85.63% in 2024.
• In terms of Output Type, Color Production Printers segment are expected to lead the global market, with a projected revenue share of 64.49% by 2032.
• The Cut Fed (Sheet-Fed) market emerged as the leading Method in 2024, capturing a 57.27% revenue share, and is projected to retain its dominance during the forecast period.
• The 100-300 ppm Market in Print Speed is poised to grow at the market in 2032 with a market size of USD 4.91 billion and is projected to maintain its dominant position throughout the forecast period.
• By Application the Commercial Printing Segment captured the market size of USD 2.47 billion in 2024 and this segment will maintain its position during the forecast period.

The production printer market has evolved to enhanced digital technologies and thus restructured the way industries approach high volume and customised printing. The transformation to digital printing capable of variable data printing, and demand production, fulfilling the demand of short-run and personalized jobs. Moreover, the arrival of toner-based and high-speed inkjet printers have further improved quality and efficiency, thus supporting the advancements in packaging, publishing, and commercial printing industries. These days, manufacturers are adopting environmentally friendly innovations as a result of energy-efficient curing systems and water-based inks amid the regulatory norms, especially the environmental standards. Also, advancements like cloud-based workflows, automation, and artificial intelligence have further simplified the process, enhancing operational efficiency along with aligning with recent trends of sustainability and digitalization globally.

Some of the key elements driving the production printer market are the deployment of automation and AI, increasing focus on sustainability, and rising adoption of inkjet technologies. Inkjet systems are increasingly being preferred for their flexibility, speed and capable to manage diverse substrates. Further, AI-based tools support quality control, optimised workflows, and predictive maintenance. Market players are focusing on green solutions with the aim to cater the consumer expectations and regulatory requirements. Leading players such as Canon, Xerox and HP are focusing on continued partnerships with software companies, technological innovation, strategic acquisitions and creating customer-centric solutions developed for specific industries. All these strategies support the market's growing focus on environmental responsibility and efficiency.

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In April, 2025, Canon, Inc. unveiled a new Production Customer Experience Center at its Melville HQ to support the growing production print market. The facility features live demos, training, and Canon’s full production lineup, including imagePRESS and varioPRINT devices, offering hands-on and virtual experiences for commercial, direct mail, and book printing sectors. Moreover, In June, 2025, Ricoh Company, Ltd. unveiled the new Pro C5400 series of colour production printers, featuring faster performance, AI-powered scanning, and an industry-first stapleless binding. Supporting various media types and long sheet printing up to 1,300mm, the series emphasizes efficiency, versatility, and sustainability for commercial and enterprise print environments.

KBV Cardinal Matrix - Production Printer Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; HP, Inc. is the forerunner in the Production Printer Market. In May, 2025, HP, Inc. unveiled new AI-powered digital presses, including the Indigo 120K HD, 18K HD, 200K, 6K, V12, and PageWide A2200. These innovations focus on automation, sustainability, and customized printing across commercial, label, and packaging segments, aiming to accelerate digital transformation and boost print industry efficiency. Companies such as Fujifilm Holdings Corporation, Canon, Inc., and Seiko Epson Corporation are some of the key innovators in Production Printer Market.

COVID 19 Impact Analysis

The global production printer market was severely impacted by the COVID-19 pandemic, which caused supply chains to break, manufacturing to stop, and product deliveries to be delayed. As businesses shifted to digital communication, offices closed, and events were canceled, widespread lockdowns and restrictions drastically decreased the demand for commercial printing. The need for high-volume printing was further reduced by the rise of remote work, with the exception of packaging and labeling for necessities, which saw brief increases. In order to minimize losses, manufacturers responded by implementing safety protocols, modifying production schedules, and cutting operational expenses. A persistent slowdown in overall growth resulted from the market's inability to regain pre-pandemic momentum, despite signs of recovery appearing as restrictions relaxed. Thus, the COVID-19 pandemic had a negative impact on the market.

Market Share Analysis

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.

Type Outlook

Based on Type, the market is segmented into Inkjet Production Printers, and Toner-based Production Printers. The toner-based production printers segment gained 14.4% revenue share in the market in 2024. This growth is supported by their strong position in producing high-quality, consistent output, especially for short- to medium-run jobs that require precision, sharp detail, and specialty finishing options. Toner technology remains popular in commercial print, marketing materials, and corporate in-plant operations, where media versatility, color stability, and quick job changeovers are essential for meeting client demands.

Output Type Outlook

Based on Output Type, the market is segmented into Color Production Printers, and Monochrome Production Printers. The monochrome production printers segment recorded 33.6% revenue share in the market in 2024. These printers remain essential for applications where clarity, speed, and cost-efficiency are more critical than color, such as book publishing, transactional documents, legal filings, and academic materials. Monochrome systems are valued for their high-volume productivity, sharp text quality, and low operating costs, making them a reliable choice for organizations that prioritize efficiency and consistency in large-scale, text-heavy print jobs.

Print Speed Outlook

Based on Print Speed, the market is segmented into 100-300 ppm, Below 100 ppm, and Above 300 ppm. The Below 100 ppm segment acquired 31.7% revenue share in the market in 2024. These systems are often chosen by small to mid-sized print providers, creative agencies, and in-plant facilities that prioritize premium output quality, substrate versatility, and lower capital investment. Ideal for specialized, short-run, and on-demand printing, they enable businesses to produce high-value, customized work without the infrastructure requirements of higher-speed presses.

Regional Outlook

Region-wise, the global production printer market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific Segment Gained 40% revenue share in the market in 2024. In the North America and Europe region, the production printer market is witnessing growth due to the presence of stable printing ecosystems, rising acceptance of automation to streamline print workflows, and steady demand for high-quality digital print. The North America region’s expansion is supported by the presence of leading tech giants, increased adoption in marketing, publishing, as well as transactional printing, and a stable commercial printing sector. Further, Europe focuses on energy-efficient and sustainable printing solutions, along with considering the compliance of stringent environmental regulations. Both North America as well as Europe are experiencing growth in inkjet and digital technologies in response to enterprises’ shift to digital production for customization, cost-efficiency and lesser turnaround time.

The production printer market in the Asia Pacific and LAMEA region is growing due to the rising e-commerce industry, developing economies, and growing investments in enhanced printing infrastructure. The growth of the Asia Pacific region is promising in nations such as Japan, India, and China, driven by high usage in textile, packaging, and advertising applications. Also, the surging acceptance of digital technologies in the education and publishing sectors is positively influencing growth. Moreover, the LAMEA region also witnesses developing demand for production printers with growing commercial print requirements, digitization initiatives by the government, and retail expansion.

Market Competition and Attributes

The production printer market is highly competitive, driven by rapid technological advancements and evolving customer demands. Companies compete through innovation, offering enhanced speed, quality, and efficiency to meet the growing need for high-volume printing. Sustainability and cost-effectiveness are also key factors shaping competitive dynamics. With digital transformation reshaping workflows, players constantly seek differentiation through value-added services and integrated solutions. The market environment is dynamic, pushing participants to adapt swiftly to changing trends while maintaining strong customer engagement and reliability.

Recent Strategies Deployed in the Market

• May-2025: Ricoh Company, Ltd. announced the partnership with Encircle, a software company to integrate RICOH THETA 360-degree cameras with Encircle’s restoration app, enhancing property damage documentation. This integration provides immersive visuals that improve accuracy, efficiency, and clarity in claims processing, helping restoration professionals deliver detailed, reliable reports and faster insurance payouts.
• Apr-2025: Konica Minolta, Inc. unveiled the AccurioJet 30000, a B2 HS-UV inkjet press, enhancing productivity and print quality. Featuring advanced technologies like Pre-RIP and Dot Freeze, it supports fast, high-quality, double-sided printing on varied media. The press also improves workflow with automated quality inspection and remote maintenance.
• Mar-2025: HP, Inc. unveiled the Latex R530 hybrid printer at its 2025 Amplify conference, offering flexible and rigid substrate printing with space-saving roll-away tables. Aimed at smaller PSPs, it simplifies operation and enhances versatility. Alongside it, HP introduced PrintOS Production Hub software to streamline workflow and digitize print operations end-to-end.
• Feb-2025: Kyocera Corporation unveiled the KJ4A-EX1200-RC, a high-resolution (1200 dpi) UV-compatible inkjet printhead with ink recirculation technology. It offers stable, high-speed printing with enhanced image quality and reduced maintenance. Designed for labels and diverse applications, it supports sustainable, efficient industrial digital printing.
• Dec-2024: Xerox Corporation acquired Lexmark, a manufacturer of lazer printer to expand its global print and managed services business. This strategic move merges two major print industry players, enhancing Xerox’s A4 color and production print offerings, strengthening geographic reach, and accelerating innovation, growth, and efficiencies across print markets.
• Oct-2024: Canon, Inc. unveiled the imageFORCE C7165, a compact, high-speed multifunction printer designed for both office and light production use. It offers 65 ppm print speed, 4800x2400 dpi resolution with new D2 Exposure technology, supports various media types including synthetic sheets, and integrates advanced security, sustainability, and productivity features.

List of Key Companies Profiled

• HP, Inc.
• Canon, Inc.
• Xerox Corporation
• Ricoh Company, Ltd.
• Konica Minolta, Inc.
• Seiko Epson Corporation
• Fujifilm Holdings Corporation
• Kyocera Corporation
• Eastman Kodak Company
• Brother Industries, Ltd. (Brother International Corporation)

Global Production Printer Market Report Segmentation

By Type

• Inkjet Production Printers
• Toner-based Production Printers

By Output Type

• Color Production Printers
• Monochrome Production Printers

By Method

• Cut Fed (Sheet-Fed)
• Continuous Feed (Web-Fed)

By Print Speed

• 100-300 ppm
• Below 100 ppm
• Above 300 ppm

By Application

• Commercial Printing
• Label & Packaging Printing
• Publishing
• Transactional Printing
• Other Application

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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