What is Powdered Ink Market?
Increasing popularity in commercial printing is fueling the market growth. The ink in powdered form is used in the laser printer which are applicable in home as well as commercial printing purposes. It is made of finely ground polyester, polypropylene, fumed silica and other minerals. The powdered ink is then suspended into the water. Moreover, the increasing consumer preference is contributing towards the market growth.
The market study is being classified by Type (Magnetic and Non magnetic) and major geographies with country level break-up.
Lenovo (China), Canon (Japan), Panasonic (Japan), Konica Minolta (Japan), Fuji Xerox (Japan), Sharp (Japan), Ricoh (Japan), Toshiba (Japan) and Brother (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Japan Vendors will contribute to the maximum growth of Global Powdered Ink market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Powdered Ink market by Type, Application and Region.
On the basis of geography, the market of Powdered Ink has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Technological Advancements are fuelling the Market Growth
- Rising Lifestyle Standards is increasing the Demand
Restraints
- Stringent Regulations for Environment Protection may hinder the Growth
Opportunities
- Increasing Disposable Income in Emerging Economies
Challenges
- Growing Inclination towards the Substitute Products
- Health Effects of Powdered in Ink
Market Leaders and some development strategies
In March 2019, Konica Minolta business solutions has acquired continuity solutions limited which is a managed IT services provider and Microsoft partner.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisation, Government Agencies and Organisations