DUBLIN, July 16, 2021 /PRNewswire/ — The “Tactile Printing Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Application and End User” report has been added to ResearchAndMarkets.com’s providing.
The tactile printing market was valued at US$ 1,353.27 million in 2021 and is projected to attain US$ 2,257.92 million by 2028; it’s anticipated to develop at a CAGR of seven.6% from 2021 to 2028.
The gamers working within the tactile printing market are experiencing vital demand for his or her merchandise. However, for business and industrial grade tactile printing machines, price is taken into account as a restraining issue for market development. An industrial-scale UV inkjet printer can add 40% to 300% in capital bills, whereas working prices are high-especially for UV-based ink methods. Tactile printers could price hundreds of {dollars} per unit, relying on the size of manufacturing. Moreover, they require common upkeep for optimum efficiency that additionally includes the recurring prices for the customers. Thus, the associated fee issue considerably hinders the tactile printing market development, particularly for private utilization.
In phrases of geography, the tactile market is segmented into North America, Europe, APAC, MEA, and SAM. Asia Pacific held the most important income share in 2020, adopted by North America and Europe. Further, Asia Pacific is predicted to witness the best CAGR in the course of the forecast interval. The tactile printing market is segmented on the bases of utility and end-user. Based on utility, the market is segmented into packaging & labels, tactile graphics, and safe documentation. The packaging & labels phase led the general market in 2020. Based on end-user, the tactile printing market is segmented into Braille customers, industrial, and authorities & protection. The Braille customers phase is predicted to register the best CAGR throughout 2021-2028.
The COVID-19 outbreak disaster is adversely affecting the many of the industries internationally. Due the disruptions in provide and demand throughout the worth chain, firms working within the international tactile printing market are witnessing decline in income and enterprise development. Therefore, the outbreak restrained the general development of the market in 2020 to some extent. However, owing to the anticipated rise in demand from business and industrial customers globally, the market development is predicted to normalize from third quarter of 2021 and proceed to develop at a gentle price from 2021 to 2028.
The total tactile printing market measurement has been derived utilizing each main and secondary sources. To start the analysis course of, exhaustive secondary analysis has been carried out utilizing inner and exterior sources to get hold of qualitative and quantitative data associated to the market. The course of additionally serves the aim of acquiring an summary and forecast for the tactile printing market with respect to all of the segments. It additionally gives the overview and forecast for market primarily based on all of the segmentation thought of with respect to 5 main regions-North America, Europe, Asia Pacific, Middle East & Africa, and South America. Also, main interviews had been carried out with trade members to validate knowledge and acquire extra analytical insights into the subject. The members of the method embrace trade consultants resembling VPs, enterprise growth managers, market intelligence managers, and nationwide gross sales managers, together with exterior consultants resembling valuation consultants, analysis analysts, and key opinion leaders, specializing within the tactile printing market.
A couple of main gamers working within the international tactile printing market are Altix; Konica Minolta, Inc.; Rink Printing Company; Sturdy Print & Design Ltd; American Thermoform; Canon Inc; Index Braille; Kanematsu USA; ViewPlus Technologies Inc; and Roland DG Corporation.
Reasons to Buy
- Save and cut back time finishing up entry-level analysis by figuring out the expansion, measurement, main gamers and segments within the international Tactile Printing market
- Highlights key enterprise priorities so as to help firms to realign their enterprise methods
- The key findings and suggestions spotlight essential progressive trade tendencies within the international Tactile Printing market, thereby permitting gamers throughout the worth chain to develop efficient long-term methods
- Develop/modify enterprise enlargement plans by utilizing substantial development providing developed and rising markets
- Scrutinize in-depth international market tendencies and outlook coupled with the elements driving the market, in addition to these hindering it
- Enhance the decision-making course of by understanding the methods that underpin business curiosity with respect to shopper merchandise, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Tactile Printing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Tactile Printing Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Demand for Tactile Graphics for Improved Accessibility to Visually Impaired
5.1.2 Rising Demand for Innovative Packaging throughout Industries
5.2 Key Market Restraints
5.2.1 High Initial Investments and Maintenance Costs
5.3 Key Market Opportunities
5.3.1 Increasing Efforts to Boost adoption of Tactile Graphics in Developing Regions
5.4 Future Trends
5.4.1 Compact and Technologically Advanced Tactile Printers
5.5 Impact Analysis of Drivers and Restraints
6. Tactile Printing Market – Global Analysis
6.1 Tactile Printing Market Global Overview
6.2 Tactile Printing Market – Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Tactile Printing Market Analysis – By Application
7.1 Overview
7.2 Tactile Printing Market, By Application (2020 and 2028)
7.3 Packaging and Labels
7.3.1 Overview
7.3.2 Packaging and Labels: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Tactile Graphics
7.4.1 Overview
7.4.2 Tactile Graphics: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Secure Documentation
7.5.1 Overview
7.5.2 Secure Documentation: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
8. Tactile Printing Market Analysis- By End-User
8.1 Overview
8.2 Tactile Printing Market, by End-User (2020 and 2028)
8.3 Braille Users
8.3.1 Overview
8.3.2 Braille Users: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Government and Defense
8.5.1 Overview
8.5.2 Government and Defense: Tactile Printing Market – Revenue and Forecast to 2028 (US$ Million)
9. Tactile Printing Market – Geographic Analysis
10. Tactile Printing Market- COVID-19 Impact Analysis
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11. Industry Landscape
11.1 Overview
11.2 New Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 Altix
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Konica Minolta, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Rink Printing Company
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sturdy Print & Design Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 American Thermoform
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Canon Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Index Braille
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Kanematsu USA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ViewPlus Technologies Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Roland DG Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
For extra details about this report go to https://www.researchandmarkets.com/r/ikrrlq
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