Printing Toners Market 2024 Key Players Canon, Inc., Xerox Corporation, American Tonerserv Corp, EPSON, Panasonic, Astro-Med, Inc, HP Inc., Lexmark, Toshiba
Speaking of the regional growth perspective, North America led the printing toners market size in 2016 with a total revenue of over $1 Billion.
(EMAILWIRE.COM, August 20, 2018 ) The conventional Printing Toners Market has continued to acquire the largest share in the overall global printing toners industry. The wide-ranging applications and lower cost of operability of conventional printing toners have led to a substantial demand for such toners. Conventional printing toners led the printing toners market with an estimated revenue of over $2 Billion in 2016. Speaking on similar lines, commercialization of chemically prepared printing toners has been on the rise.
The excellent characteristics of conventionally prepared printing toners such as its chemical controllability and uniform particle size which assist in accelerating the speed of printing have been instrumental in their accentuating demand from variegated business domains.
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Dubbed as one of the most innovative breakthroughs printing toners market has witnessed in 2017, the Japanese electronics giant Toshiba, launched an enterprise-class, multi-function, monochromatic laser printer which comes with an erasable blue toner that can erase a printed paper up to five times. Integrating the erasable printing technology into a single machine, the latest printer helps the paper usage shrink by 80%, making it an environment-friendly and a highly-portable device.
Apparently, the printing toners industry growth can be attributed to the flourishing product demand for packaging applications across diverse end-use industries such as textile, food & beverage, electronic gadgets, pharmaceutical, etc.
In addition, the continued priority being extended towards laser printing over inkjet printing in enterprise printing applications, courtesy its decreased waste generation, improved print quality and reduced cost per copy, is set to contribute in printing toners market size augmentation in the upcoming years. According to the estimates reported by Global Market Insights, Inc., the printing toners market size stood at $3.5 Billion in 2016.
The increasing requirement from various segments for all-in-one printers with high-speed functionality, has compelled the prominent players in the printing toners market to launch printers equipped with duplexing features and top-notch multi-functional usability. To cite an instance, the leading Japanese electronics firm, Panasonic unveiled a multi-functional printer (MFP) of its MB500 Series in 2016, with a toner cartridge that lasts up to 25,000 pages coupled with highly modest cost per copy (CPC) per print. Evidently, with the onslaught of such encouraging ingenuity demonstrated by the manufacturers, the printing toners market is set to gain tremendously in the near future.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2123
Speaking of the regional growth perspective, North America led the printing toners market size in 2016 with a total revenue of over $1 Billion. The huge demand for printing applications such as user manuals, banners, catalogs and user manuals will contribute to the growth of the industry in the region. Simultaneously, the Asia Pacific market, owing to the rapid pace of industrialization in countries such as India, China, and Japan, has been forecasted to register a strong CAGR of 7% over 2017-2024.
The printing toners market stands to garner remarkable proceeds with the major players in the market such as Toshiba, Lexmark, Xerox Corporation, Panasonic, Canon Inc., HP Inc., expected to deploy their resources to increase R&D initiatives and investment in the upcoming years. A report collated by Global Market Insights, Inc., estimates the printing toners market to surpass $5.5 Billion by 2024.
The excellent characteristics of conventionally prepared printing toners such as its chemical controllability and uniform particle size which assist in accelerating the speed of printing have been instrumental in their accentuating demand from variegated business domains.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2123
Dubbed as one of the most innovative breakthroughs printing toners market has witnessed in 2017, the Japanese electronics giant Toshiba, launched an enterprise-class, multi-function, monochromatic laser printer which comes with an erasable blue toner that can erase a printed paper up to five times. Integrating the erasable printing technology into a single machine, the latest printer helps the paper usage shrink by 80%, making it an environment-friendly and a highly-portable device.
Apparently, the printing toners industry growth can be attributed to the flourishing product demand for packaging applications across diverse end-use industries such as textile, food & beverage, electronic gadgets, pharmaceutical, etc.
In addition, the continued priority being extended towards laser printing over inkjet printing in enterprise printing applications, courtesy its decreased waste generation, improved print quality and reduced cost per copy, is set to contribute in printing toners market size augmentation in the upcoming years. According to the estimates reported by Global Market Insights, Inc., the printing toners market size stood at $3.5 Billion in 2016.
The increasing requirement from various segments for all-in-one printers with high-speed functionality, has compelled the prominent players in the printing toners market to launch printers equipped with duplexing features and top-notch multi-functional usability. To cite an instance, the leading Japanese electronics firm, Panasonic unveiled a multi-functional printer (MFP) of its MB500 Series in 2016, with a toner cartridge that lasts up to 25,000 pages coupled with highly modest cost per copy (CPC) per print. Evidently, with the onslaught of such encouraging ingenuity demonstrated by the manufacturers, the printing toners market is set to gain tremendously in the near future.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2123
Speaking of the regional growth perspective, North America led the printing toners market size in 2016 with a total revenue of over $1 Billion. The huge demand for printing applications such as user manuals, banners, catalogs and user manuals will contribute to the growth of the industry in the region. Simultaneously, the Asia Pacific market, owing to the rapid pace of industrialization in countries such as India, China, and Japan, has been forecasted to register a strong CAGR of 7% over 2017-2024.
The printing toners market stands to garner remarkable proceeds with the major players in the market such as Toshiba, Lexmark, Xerox Corporation, Panasonic, Canon Inc., HP Inc., expected to deploy their resources to increase R&D initiatives and investment in the upcoming years. A report collated by Global Market Insights, Inc., estimates the printing toners market to surpass $5.5 Billion by 2024.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results