Industrial Printer Shipments Show Modest Decrease in Q1 2022, According to IDC

NEEDHAM, Mass., June 14, 2022 – Industrial printer shipments declined 2.1% year over year in the first quarter of 2022 (1Q22), according to new data from the International Data Corporation (IDC) Worldwide Quarterly Industrial Printer Tracker.

Tim Greene from IDC, Hardcopy Solutions research director said that the shipments in the first quarter of this year were relatively weak. The market faces supply chain problems, war and pandemics that can all lead to inconsistent supply-demand cycles.

Global Industrial Segment Highlights Q1 2022

• Shipments of large-format digital printers make up almost all industrial printers. They declined less than 2% between Q4 2021, and 1Q22.
• The shipments of dedicated direct to-garment (DTG ) printers declined in 1Q22, despite strong numbers at higher end markets. Dedicated DTG printers are being replaced by aqueous direct to film printers.
• Direct-to-shape printer shipments declined 12.5% quarter over quarter in 1Q22.
• Digital label & packaging printer shipments declined 8.9% sequentially in 1Q22.
• Exports of industrial textile printers were up 4.6% in the world compared with Q4 2021

Analyse Regional

• Due to the conflict in Ukraine, Central European markets saw a 25% drop in shipment volumes. Numerous industrial printer producers have stopped operating in this region.
• Japan saw the strongest growth, with shipments increasing more than 20% annually.
• For the quarter, North America shipped 4.5% more than Western Europe.
• As the Asia/Pacific region continued to face high levels of pandemic, the decline was more than 5%.

Outlook For 2022

The ongoing Russia-Ukraine conflict, supply chain problems, and the continuing pandemic all contributed to lower industrial printer activity in certain key areas. Trade shows resumed, sustainable textile printing is being pursued, as well as reopening retail, are all driving the demand.

IDC’s Worldwide Quarterly Industrial Printer Tracker shows total market sizes and vendor shares for five main market sectors: large format, label, packaging, direct, garment, textile, and direct-to shape. Tracker data includes shipment values, units and average selling prices (ASP). It also shows market trends for each product type by ink type and media size. The Tracker can be used to determine primary applications across nine countries and 90 regions.

IDC Trackers

IDC Tracker products offer accurate, timely and current market share, forecasts, and vendor share for over 100 technology markets in more than 100 different countries. IDC tracks are updated using its proprietary tools and processes. Clients receive Tracker results in easy-to-use Excel deliverables as well as on-line query tools.

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IDC

International Data Corporation is the world’s leading provider of market information, advisory services and events in the areas of consumer and business technology. IDC is home to more than 1,200 analysts in the global market. They offer local and regional knowledge on IT, IT benchmarking, sourcing and other industry trends. IDC’s insight and analysis help IT professionals and business executives as well as the investment community make informed technology decisions to meet their business goals. IDC, which was established in 1964, is a subsidiary of International Data Group (IDG). IDG, the leading global tech media, data, marketing and services company, owns IDC. For more information about IDC visit www.idc.com. Follow IDC Twitter @IDC LinkedIn. Get industry information and insight by subscribing to the IDC Blog

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