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Zink Printing Market Segmented By ZINK-based Paper, ZINK-based Printer Components with Compact Photo Printers, Camera with Printer Functionality in Bluetooth, NFC Connectivity
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.
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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.
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Get a Customized VersionBased 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.
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