Inkjet technology appeared over 20 years ago. It’s come a long way from those early offerings, and it’s grown from a niche product to a mainstream one, capable of just about any type of printing.
Whatever statistics or researchers we follow, the trend is clear: inkjet continues to grab market share from traditional printing technologies. Some estimates suggest that by 2028, just two years from now, inkjet devices will print a quarter of all document pages. To quantify further: the global inkjet market is experiencing robust growth across both graphic/packaging and industrial sectors. Output is projected to reach $134.6 billion and $42.7 billion, respectively, by 2031, according to research firm Smithers. Graphics andpackaging will produce a 5.9% CAGR; industrial and functional printing will generate a 7.9% CAGR.
Meanwhile, most projections show traditional printing in retreat.