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Printing Toners Market Size

Report ID: GMI2123
Published Date: Nov 2022
Report Format: PDF

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Printing Toners Market Size

Printing Toners Market size was valued at USD 3.5 billion in 2022 and is set to grow significantly at a CAGR of over 4.5% through the forecast period (2023-2032) owing to the booming pharmaceutical and electronic sectors in North America and Europe.

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Printing toners are widely used in the pharmaceutical industry for the printing of pharmaceutical products, such as syrup, suspension, emulsion, and eye drops. To reduce dispensing and dosing mistakes in pharmaceuticals handled in medical settings, medications with strong visual distinction are necessary. The rising expenditure on pharmaceuticals in the U.S. is slated to drive the printing toners market expansion. For example, according to the U.S. Census 2021, pharmaceutical and medicine production shipments accounted over USD 250 million.

Printing Toners Market Report Attributes
Report Attribute	Details
Base Year:	2022
Printing Toners Market Size in 2022:	USD 3,500 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	4.5%
2032 Value Projection:	USD 5,500 Million
Historical Data for:	2018 to 2021
No. of Pages:	196
Tables, Charts & Figures:	422
Segments covered:	Production Technology, Resin, Application, and Region
Growth Drivers:	Increasing product demand for packaging from the rapidly growing food & beverages industry in Asia Pacific High product demand from the pharmaceutical and electronics industry in North America and Europe
Pitfalls & Challenges:	Strict government regulations on VOC emissions

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Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The printing toners industry was valued at USD 3.5 billion in 2022 and is poised to record substantial growth at a 4.5% rate through 2032 majorly driven by the expanding pharmaceutical and electronic sectors.

The color application segment of the printing toner industry is projected to account for USD 3 billion by the end of 2032 due to the increasing demand for color labeling and product branding across several industries.

Asia Pacific printing toners market is estimated to be valued at USD 2 billion by 2032 owing to the rapid industrialization and the booming food & beverages industry in the region.

ACM Technologies, Xerox Corporation, Panasonic, IMEX Co. Ltd., Lotte Fine Chemicals Toshiba, Epson, Canon, Citizen-Systems, HP Inc., Konica Minolta, IBM, Brother International Corporation, Lexmark are some key enterprises operating in the industry.