Inkjet Printers Continue to Expand their Presence Driven by Innovations from Leading Players
Dear Readers,
Greetings from Imaging Solution Magazine!
This month’s main story covers the present scope and future opportunity for inkjet printers. Today, inkjet printers have solidified their place in both the home and office environments. Companies like Canon, HP, Epson, and Brother are at the forefront of this market, continually innovating and improving their products. Reports indicated that inkjet printers hold a market share of approximately 50%, with variations depending on the region and specific market segment.
The India Inkjet Printer Market is anticipated to register a CAGR of 3.85% over the forecast period. Inkjet printers perform a better job of blending smooth colors compared to laser printers. The main driving factors are the printers are less expensive than laser printers, and inkjet ink cartridges are cheaper than toner cartridges.
Coming to the political scene, the results of the Lok Saba Elections 2024 have been a bit stunning, unexpected and confounding, but the imaging industry hopes the new government and its allies at the center will continue the industry-friendly and Make in India driving policies, and support the imaging industry alongside other industries to grow and expand.
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