{"id":34688,"date":"2017-12-21T09:15:40","date_gmt":"2017-12-21T14:15:40","guid":{"rendered":"https:\/\/www.signmedia.ca\/?p=34688"},"modified":"2017-12-21T09:15:40","modified_gmt":"2017-12-21T14:15:40","slug":"large-format-printer-market-continues-boom","status":"publish","type":"post","link":"https:\/\/www.signmedia.ca\/large-format-printer-market-continues-boom\/","title":{"rendered":"Large-format printer market continues to boom"},"content":{"rendered":"<p><a href=\"https:\/\/www.signmedia.ca\/wp-content\/uploads\/2017\/12\/AnapurnaM.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-34689 \" src=\"https:\/\/www.signmedia.ca\/wp-content\/uploads\/2017\/12\/AnapurnaM.jpg\" alt=\"\" width=\"397\" height=\"298\" \/><\/a>The global value of the large-format printer market is forecast to experience a compound annual growth rate (CAGR) of four per cent, according to research firm MarketsandMarkets, rising from nearly US$8.4 billion in 2017 to nearly US$10.6 billion in 2023.<\/p>\n<p>The company attributes this growth to increasing demand for large-format printing in the textile, advertising and packaging industries. The outdoor advertising sector, for example, has seen growth in the adoption of printers with ultraviolet-curable (UV-curable) inks, as they dry quickly and are compatible with a wide range of substrates (example pictured).<\/p>\n<p>MarketsandMarkets\u2019 global forecast for the market takes into account all large-format printers, raster image processor (RIP) software, inks\u2014including solvent-based, aqueous, UV-curable, durable aqueous \u2018latex\u2019 and dye sublimation formulations\u2014and related services.<\/p>\n<p>Printers between 1.1 and 1.5 m (44 and 60 in.) wide are expected to represent the largest share of the market between 2017 and 2023. They are well-suited for producing point-of-purchase (POP), event and floor graphics, among other indoor and outdoor signage. Secondary applications include fine art and photo printing.<\/p>\n<p>On a global scale, the Americas hold the largest share of the market. This region\u2019s signage industries continue to grow as more companies invest in both outdoor and indoor advertising.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global value of the large-format printer market is forecast to experience a compound annual growth rate (CAGR) of four per cent, according to research firm MarketsandMarkets, rising from nearly US$8.4 billion in 2017 to nearly US$10.6 billion in 2023.<\/p>\n","protected":false},"author":1,"featured_media":34690,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,37,60],"tags":[1304,1402],"class_list":["post-34688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-wide-format-printed-graphics","category-reports","tag-marketsandmarkets","tag-research","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Large-format printer market continues to boom - 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