Persistence Market Research (PMR) offers an 8-year forecast for the global ZINK printing market between 2018 and 2026. In terms of value, the market is expected to register a single-digit CAGR during forecast period. This study demonstrates the market dynamics and trends globally across seven regions: North America, Latin America, Europe, SEA & Others of APAC, China, Japan, and Middle East & Africa, which influence the current nature and future status of the ZINK printing market over the forecast period.
This research report provides a detailed analysis of the ZINK printing market and offers insights about the various factors driving the popularity of ZINK printing technology and its advantages. The report includes an extensive analysis of key industry drivers, challenges, market trends, and market structure. The market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on technology, applications, and different regions globally.
The ZINK printing market is expected to witness value growth during the forecast period owing to reduction in the usage of cables as well as reduction in the cost of printing.
The report starts with an overview of the ZINK printing market in terms of value. In addition, this section includes an analysis of key trends, drivers, and challenges from the supply, demand, and economy side, which are influencing the ZINK printing market.
The ZINK printing market is classified on the basis of component, functionality, connectivity, application, and region. On the basis of component, the market is subsegmented into ZINK-based paper and ZINK-based printer. The functionality segment is subsegmented into compact photo printer and camera with printer. By connectivity, the market is subsegmented into Bluetooth, NFC, and others. The application segment is subsegmented into home/individual and commercial.
A detailed analysis has been provided for every segment in terms of market size analysis of the ZINK printing market across different regions. This section provides a detailed analysis that covers key trends.
The next section contains a detailed analysis of the ZINK printing market across various countries in the region. It provides a market outlook for 2018–2026 and sets the forecast within the context of the ZINK printing market, which includes latest technological developments as well as offerings in the market. This study discusses key trends within countries contributing to growth of the market, as well as analyses the degrees at which drivers are influencing this market in each region. Key regions and countries assessed in this report include North America (U.S. & Canada), Latin America (Brazil, Mexico, & the rest of Latin America), Europe (UK, France, Germany, Italy, Spain, Russia, & the rest of Europe), SEA (India, Indonesia, Philippines, Malaysia, Thailand, Oceania, and the rest of SEA & APAC), China, Japan, and MEA (GCC Countries, Turkey, South Africa, & the rest of MEA). This report evaluates the present scenario and the growth prospects of the ZINK printing market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year and provided data for the remaining 12 months.
To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the ZINK printing market will grow in the future. Given the characteristics of the market, we have triangulated the outcome of different types of analysis based on technology trends.
As previously highlighted, the global ZINK printing market is split into a number of segments. All segments in terms of component, industry, and different regions are analyzed in terms of basis points to understand the relative contributions of individual segments to market growth. This detailed level of information is important for the identification of various key trends in the global ZINK printing market.
In addition, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global ZINK printing market.
In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on categories of providers in the value chain, their presence in the ZINK printing market, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the ZINK printing supply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on the in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the ZINK printing market. Some of the key competitors covered in the report are Hewlett-Packard Inc.; Eastman Kodak Company; Brother Industries, Ltd.; L.G Electronics Inc.; ZINK Holdings LLC; Lifeprint; PRYNT Corp.; Dell Inc.; and Polaroid.
Key Regions covered:
ZINK printing is a technology developed by ZINK imaging, which makes it possible to produce full-color digital images without ink cartridges, ribbons, or toners. Colors appear on the special ZINK paper with the help of thermal paper. Some of the key advantages of ZINK printing over traditional printing are that the printing method is quick and does not require ink.
In this report, Persistence Market Research (PMR) has segmented the global ZINK printing market based on component, functionality, connectivity, application, and region. By component, the market is subsegmented into ZINK-based paper and ZINK-based printer. The functionality segment is subsegmented into compact photo printer and camera with printer. By connectivity, the market is subsegmented into Bluetooth, NFC, and others. The application segment is subsegmented into home/individual and commercial.
The ZINK-based paper segment is expected to grow at a relatively higher CAGR as the demand for ZINK-based printers is growing rapidly in various countries, such as India, Spain, and GCC Countries, which is likely to lead to an increase in the demand for ZINK-based paper. Moreover, the global adoption of the Internet is rapidly driving the usage of advanced ZINK printing software and solutions. Furthermore, the ZINK-based printer segment is also expected to capture the largest market share of the global ZINK printing market and is expected to create an incremental opportunity of US$ 66.1 Mn between 2018 and 2026. The ZINK-based paper segment is expected to create an incremental opportunity of US$ 29.2 Mn during the forecast period.
Reduction in the usage of cables and the enhanced flexibility of these devices in terms of portability is also driving the market for ZINK printing. Owing to these factors, the equipment segment is projected to register a double-digit market share in 2018 in the global ZINK printing market.
Based on functionality, the ZINK printing market is subsegmented into compact photo printer and camera with printer segment. Enhanced security provided for ZINK printers and a user-friendly interface that is simple to understand are some of the major factors boosting the compact photo printer subsegment. In addition, the growth of the tourism industry worldwide has led an increase in the usage of instant cameras, and, with better alternatives available in the market in the form of ZINK printing technology, this is expected to lead to the growth of the camera with printer subsegment.
Based on geography, the North America ZINK printing market is expected to dominate the global ZINK printing market due to advancements in next-generation technologies in the country. Moreover, technologically advanced printers were available first in the U.S. market, owing to which the global sales of these products started from this market. These factors are fuelling the growth of the ZINK printing market in North America. The ZINK printing market has high potential in Europe and SEA owing to a major increase in tourism in various countries of these regions.
According to PMR analysis, advertising of these products and creating awareness about them in the market should be the major focus to boost sales in the global market. Some of the market participants in the global ZINK printing market report include Hewlett-Packard Inc.; Eastman Kodak Company; Brother Industries, Ltd.; L.G Electronics Inc.; ZINK Holdings LLC; Lifeprint; PRYNT Corp.; Dell Inc.; and Polaroid.