|[December 17, 2013]
Research and Markets: Global Electrophotographic Printing Market 2014-2018 with Canon Inc., Eastman Kodak Co. and Hewlett-Packard Co. Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/dg2533/global)
has announced the addition of the "Global
Electrophotographic Printing Market 2014-2018" report to their
The analysts forecast the Global Electrophotographic Printing market to
grow at a CAGR of 8.89 percent over the period 2014-2018. One of the key
factors contributing to this market growth is the growth in digital
printing. The Global Electrophotographic Printing market has also been
witnessing the growing application of electrophotographic printing in
labels. However, the negative impact of the recession could pose a
challenge to the growth of this market.
The key vendors dominating this market space are Canon Inc., Eastman
Kodak Co., Hewlett-Packard (News - Alert) Co., Konica Minolta Inc., and Xerox Corp.
Other vendors mentioned in the report are The Imaging Systems Group
Inc., Jadason Enterprises Ltd., MGI Digital Graphic Technology S.A.,
Ricoh (News - Alert) Company Ltd., and Xeikon .V.
Commenting on the report, an analyst from the team said: Companies are
increasingly finding it difficult to retain existing customers, attract
new ones, and gain customer loyalty. This is compelling brand managers
to increase their organizational spending on marketing activities, and
more precisely, on the packaging of their products. An innovative label
enhances brand appeal and enables companies to gain a competitive edge
over their competitors. A good label also has the potential to attract
the attention of customers.
The Global Electrophotographic Printing market is witnessing an increase
in spending in the Label Printing segment, whereby the customers in this
segment are increasingly making higher investments in labeling products
to enhance their brand image. Therefore, the need for innovative
labeling and better graphics is driving the Label Printing segment of
the Global Electrophotographic Printing market. Hence, the increasing
application of electrophotographic printing to print labels is another
trend which is expected to lead the growth of the Global
Electrophotographic Printing market during the forecast period.
According to the report, the Global Electrophotographic Printing market
has several drivers that are contributing to the growth of the market.
One such driver is the growth in digital printing. The increasing
adoption of digital printing has adversely affected the traditional
printing process. In addition, the market has witnessed advancements in
hybrid printing technology, which includes both digital and conventional
printing processes, due to the increasing adoption of digital printing.
Digital printing is forecast to grow at a rapid rate during the forecast
period, leading to its increasing percentage share in the Global Print
For more information visit http://www.researchandmarkets.com/research/dg2533/global
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