January 06, 2025 07:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
NEWARK, Del, Jan. 06, 2025 (GLOBE NEWSWIRE) -- The global thermal inkjet printer industry is projected to grow from an estimated USD 2.82 billion in 2025 to USD 4.22 billion by 2035, reflecting a compound annual growth rate (CAGR) of 4.1% over the forecast period. This growth trajectory builds on the revenue of USD 2.71 billion generated in 2024, fueled by increased demand across industries, particularly food & beverage, e-commerce, and pharmaceuticals. continuous inkjet printing
The thermal inkjet printer Industry is driven by increasing demand for precise, high-speed, and cost-effective printing solutions across industries. These printers are widely adopted in sectors such as packaging, healthcare, and consumer goods for applications like product labeling, barcoding, and variable data printing. Their ability to deliver high-resolution output on various substrates, coupled with low maintenance requirements, makes them a preferred choice for businesses prioritizing efficiency and quality.
Key trends shaping the Industry include advancements in ink formulations, enabling compatibility with diverse materials like plastics, metals, and glass. Additionally, the shift towards eco-friendly, water-based inks aligns with global sustainability goals, attracting environmentally conscious manufacturers. The integration of smart technologies, such as IoT-enabled printers, is further enhancing operational efficiency by providing real-time monitoring and predictive maintenance.
Geographically, emerging economies in Asia-Pacific and Latin America are anticipated to witness robust growth due to the expanding manufacturing sector and increased adoption of automated packaging solutions. The e-commerce boom and rising demand for customizable packaging are also fueling market expansion.
How does Eye-catching Printing attracting Customers Generate Demand for the Thermal Inkjet Printer?
Packaging printing by thermal printing is becoming very popular. The technology is portable and makes it easier than ever to produce packaging labels of higher quality. Customers can quickly recognize a product by its label on a long shelf of competing goods. The label may contain a range of information that aids consumers in making decisions. On the label, there are imaginative images, logos, product messaging, and even details about the sustainability of the materials used to make the product. The thermal inkjet printer produces eye-catching designs that may draw clients’ attention.
Without the need for toner or ribbons, contemporary thermal printer can create color labels and flexible packaging. The zero ink printing technology, which is currently offered for a variety of packaging applications is now developed and this will create a huge growth opportunity for the target market.
How does the Versatile Printing Ability of the Thermal Inkjet Printer Propel the Demand?
The thermal inkjet printer is capable enough to print on various types of paper such as plain paper, textured stationery, glossy paper, etc., and on fabrics, while the conventional laser printers are designed to print on A4 size papers. Also, the thermal inkjet printer is used for marking and coding on various substrates such as plastic containers, films, bags, pouches, etc. The Inkjet printer head has no contact with the substrate to be printed upon, hence even the large substrate can be printed by a small printer. The inkjet printer provides direct-to-object printing. The office and home-based thermal inkjet printer is compact and small and can be moved quickly from one place to another as compared to the laser printer which is heavy and more substantial in size.
Food & Beverage Industry: A Major Driver
Accounting for over 42% of the market share in 2025, the food & beverage industry remains a significant end-use sector for thermal inkjet printers. Stringent food safety regulations necessitate the accurate printing of critical information—such as manufacturing and expiry dates, nutritional details, and batch numbers—on packaging solutions. Thermal inkjet printers offer unparalleled precision and reliability, making them indispensable in ensuring compliance with global food safety standards.
Precision Printing Meets Pharmaceutical Needs
The medical and pharmaceutical packaging sectors are rapidly adopting thermal inkjet printers due to their ability to deliver high-resolution, contamination-free printing. These printers are instrumental in marking packaging and medical devices with essential details like dosage instructions, batch numbers, barcodes, and QR codes.
Thermal inkjet technology's compliance with serialization and traceability regulations further drives its adoption. Its use of fast-drying, durable inks ensures the longevity of printed information throughout the supply chain, enhancing safety and efficacy in pharmaceutical environments.
E-commerce Growth Boosts Labeling Demand
The rise of e-commerce has significantly increased the demand for efficient labeling solutions, with thermal inkjet printers emerging as a preferred choice. Capable of printing shipping labels, barcodes, product tags, and invoices with speed and precision, these printers are well-suited to meet the high-volume demands of online retail logistics.
“Thermal inkjet printers are playing a pivotal role in ensuring compliance with food safety regulations while delivering efficiency and precision in labeling,” Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI). “This capability makes them indispensable in industries where accurate product information is critical to consumer safety and regulatory adherence.”
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Global Thermal Inkjet Printer Market: Historical Sales (2020-2024) vs. Future Demand (2025-2035)
The global thermal inkjet printer Industry exhibited steady growth between 2020 and 2024, achieving a compound annual growth rate (CAGR) of 3.0%. Market valuation increased from USD 2.37 billion in 2020 to USD 2.71 billion in 2024. This growth was driven by the rising demand for high-resolution, on-demand printing solutions across packaging, labeling, and logistics. Technological advancements in printhead design and ink formulations further enhanced printing efficiency and quality, fostering greater adoption. The expansion of the e-commerce industry also significantly contributed to market growth during this period.
Looking ahead, the thermal inkjet printer market is set to accelerate, driven by evolving needs and technological innovations. From 2025 to 2035, the market is anticipated to benefit from a growing emphasis on sustainability and complex printing solutions required across industries such as pharmaceuticals, automotive, and consumer goods. The integration of automation and IoT technologies is expected to pave the way for innovative applications in smart packaging and product traceability, enhancing supply chain efficiency.
With the continued focus on precise, cost-effective, and sustainable printing solutions, the thermal inkjet printer market is poised to grow robustly, addressing the increasing complexity and scale of global printing requirements.
Which Ink Type is Majorly Preferred for the Thermal Inkjet Printer? Under the ink type category, UV-curable inks dominate the thermal printer market. The UV-curable ink is cured and pragmatic to the substrate or media by UV light. The print is already dry when it leaves the printer, which enables a speedy delivery request to be fulfilled. Printing is achievable on non-absorbent materials including metal, glass, and plastic.
To give ideas form, the components of colors of the ink are directly dried and bonded to the substrate or media by UV radiation, and the ink releases very little VOC (volatile organic compounds).UV ink can print vivid and lovely colors on heat-hypersensitive materials like PVC, PET, and more due to the very less heat generation of LED-UV light. It allows for effective broadcaster treatment by digital printing on demand even with UV-curable color ink, the briefing treatment can improve the adhesive performance of inorganic materials such as metals and ceramics.
Which End Use offers Productive Growth Opportunity for the Global Thermal Inkjet Printer Market? Based on end use, the food & beverage segment is projected to offer productive growth opportunities for the global thermal inkjet printer market. The same segment is projected to expand 1.6x the current market value during the forecast period. To maintain the productivity of the manufacturing line, a high-speed, high-quality printer is required. For food producers, high-quality printing clarity has become crucial. Thermal inkjet printer offers a resolution of up to 600 dpi, which is incredibly high. Due to the versatility, demand will increase as more manufacturers attempt to set their brands apart from one another.
This is because there are many different forms of food packaging that we see in supermarkets. Several substrates are appropriate for thermal printers. A printer can print alphanumeric text (in true typefaces), graphics, logos, QR codes, 2D data matrix codes, and more thanks to the hundreds of nozzles inside each print head. These printing systems are quick to set up, simple to operate, and simple to interface with existing technologies. The use of thermal inkjet printers enables food packaging printing to maintain high standards of efficiency and security.
Country-wise insights for the Thermal Inkjet Printer Market, highlighting the forecasted growth, key trends, and market opportunities:
Key Players in Thermal Inkjet Printer Industry
Thermal Inkjet Printer Market Segmentation
In terms of substrate, the thermal inkjet printer market is divided into paper, plastic sheets, glass and metal.
By ink type, the thermal inkjet printer market is segmented into aqueous / water-based inks, solvent-based inks, UV curable inks and phase change ink/ hot melt inks.
In terms of technology, the thermal inkjet printer market is segmented into thermal bubble inkjet printing and piezoelectric inkjet printing.
By printer type, the thermal inkjet printer market is segmented into industrial, desktop and portable.
End users in the thermal inkjet printer market include food & beverages, pharmaceuticals, personal care & cosmetics, electrical & electronics, chemical, automotive and other industries. The food industry further includes bakery & confectionary, dairy products, fresh produce, baby food, pet food, ready to eat and other food products. The beverages segment include alcoholic beverages and non-alcoholic beverages. The homecare sector is sub-segmented into toiletries, laundry care, personal hygiene and air fresheners.
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
The global thermal inkjet printers should drop from around 2.82 billion USD in 2025 to 4.22 billion USD by 2035, which reflects an annual growth rate (TCAC) of 4, 1 % over the forecast period. This growth trajectory is based on income of 2.71 billion USD generated in 2024, fueled by increased demand in all sectors, including food and drinks, electronic commerce and pharmaceutical products.
The industry of thermal inkjet printers is stimulated by an increasing demand for precise, fast and profitable printing solutions in all sectors. These printers are largely adopted in sectors such as packaging, health and consumer goods for applications such as product labeling, bar coding and printing variable data. Their ability to provide high resolution results on various substrates, associated with low maintenance needs, makes it a privileged choice for companies favoring efficiency and quality.
Key trends shaping the industry include advancements in ink formulations, enabling compatibility with various materials like plastics, metals and glass. Additionally, the move toward eco-friendly, water-based inks aligns with global sustainability goals, attracting environmentally conscious manufacturers. Integrating smart technologies, such as IoT-enabled printers, further improves operational efficiency by providing real-time monitoring and predictive maintenance.
Geographically, emerging economies in Asia Pacific and Latin America are expected to witness robust growth due to expanding manufacturing sector and increasing adoption of automated packaging solutions. The rise of e-commerce and increasing demand for customizable packaging is also fueling the market expansion.
The food industry: a major engine
With more than 42% market share in 2025, the food industry remains an important end-use sector for thermal inkjet printers. Strict food safety regulations require critical information, such as manufacturing and expiration dates, nutritional details and lot numbers, to be accurately printed on packaging solutions. Thermal inkjet printers offer unrivaled accuracy and reliability, making them essential to ensure compliance with global food safety standards.
Precision printing meets pharmaceutical needs
The medical and pharmaceutical packaging industries are rapidly adopting thermal inkjet printers due to their ability to provide high-resolution, contamination-free printing. These printers play a vital role in marking packaging and medical devices with essential details such as dosage instructions, batch numbers, barcodes and QR codes.
Thermal inkjet technology's compliance with serialization and traceability regulations drives its adoption. The use of durable, fast-drying inks ensures the longevity of printed information throughout the supply chain, improving safety and efficiency in pharmaceutical environments.
Electronic trade growth stimulates the demand for labeling
The rise of e-commerce has significantly increased the demand for efficient labeling solutions, with thermal inkjet printers becoming a preferred choice. Capable of printing shipping labels, barcodes, product labels and invoices with speed and accuracy, these printers are ideally suited to meet the high-volume demands of online retail logistics.
"The thermal inkjet printers play an essential role in guaranteeing compliance with food security regulations while offering efficiency and precision in labeling," says Ismail Sutaria, main packaging consultant at Future Market Insights (IMF ). “This capacity makes them essential in the sectors where specific information on products is essential for consumer safety and compliance with regulations. »»
Global market for thermal inkjet printers: historical sales (2020-2024) compared to future demand (2025-2035)
The global thermal inkjet printer industry showed steady growth between 2020 and 2024, achieving a compound annual growth rate (CAGR) of 3.0%. The market valuation increased from USD 2.37 billion in 2020 to USD 2.71 billion in 2024. This growth was driven by the increasing demand for high-resolution on-demand printing solutions in the areas of packaging, labeling and logistics. Technological advancements in printhead designs and ink formulations have further improved printing efficiency and quality, driving greater adoption. The expansion of the e-commerce sector has also contributed significantly to the market growth during this period.
In the future, the market for thermal inkjet printers should accelerate, carried by the evolution of needs and technological innovations. From 2025 to 2035, the market should benefit from increasing importance attached to sustainability and complex printing solutions required in sectors such as pharmaceuticals, automobiles and consumer goods. The integration of automation and IoT technologies should open the way to innovative applications in the field of smart packaging and product traceability, thus improving the efficiency of the supply chain.
By permanently emphasizing precise, profitable and lasting printing solutions, the market for thermal inkjet printers is about to grow strongly, responding to the complexity and growing magnitude of the requirements of 'Global impression.
Thermal Inkjet Printer Industry Trends:
Main players in the thermal inkjet printers sector
Thermal Inkjet Printer Market Segmentation
In terms of substrate, the thermal inkjet printer market is divided into paper, plastic sheets, glass and metal.
By type of ink, the market for thermal inkjet printers is segmented in aqueous/water -based inks, inks based on solvent, hardening inks with UVs and inks with phase/thermofusible inks.
In terms of technology, the market for thermal inkjet printers is segmented in ink jet printing with thermal bubble and printing with piezoelectric ink jet.
By type of printer, the market for thermal inkjet printers is segmented in industrial, office and laptop printers.
End users of the market for thermal inkjet printers include food and drinks, pharmaceutical, personal and cosmetics, electricity and electronics, chemistry, chemistry, chemistry, automotive and other industries. The food industry also includes bakery and confectionery, dairy products, fresh products, baby food, pet food, ready -to -eat products and other food products. The drinks segment includes alcoholic and non -alcoholic drinks. The home care sector is under-sectioned in toiletries, laundry maintenance products, personal hygiene products and air cleaning up.
Major countries in North America, Latin America, East Asia, South Asia and the Pacific, Western Europe, Eastern Europe, the Middle East and Africa are covered.
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Have a Look at Trending Research Reports on Packaging Domain:
The inkjet label market to progress at a sluggish 2.1% CAGR from 2024 to 2034. A thematic analysis of the inkjet label ecosystem points to a potential valuation of USD 6 billion in 2024.
The thermal inkjet inks market demand is anticipated to flourish at an average CAGR of 5.1% between 2023 and 2033. The market is expected to hold a market share of USD 1.99 billion by 2033.
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The global Inkjet Paper Market size is likely to generate sales amounting to USD 950.3 million in 2024. Over the assessment period from 2024 to 2034, the inkjet paper market CAGR is projected to expand to 3.50% culminating in a market size of USD 1,475.8 million by the end of 2034.
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The global digital textile printer market value is projected to increase from USD 2,212.9 million in 2023 to USD 5,304.3 million by 2033. Over the forecast period 2023 to 2033, global digital textile printer demand is expected to rise at a CAGR of 9.8%.
The global sales of NCR (No Carbon Required) printers are anticipated to reach a value of USD 3.0 billion by 2031. Sales are projected to rise at a CAGR of 5.1% over the forecast period between 2021 and 2031.
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