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.

“The year began relatively soft for shipping,” Tim Greene (research director, Hardcopy Solutions, IDC) stated. “The market is facing supply chain challenges, war and pandemics that all contribute to inconsistencies between efficient supply and demande cycles.”

Worldwide Industrial Segment Highlights: Q1 2022

• The bulk of industrial printers were shipped in large format digital printers. However, shipments declined by less that 2% in 1Q22 as compared to Q4 20201.
• Dedicated direct to garment (DTG) printer sales declined in 1Q22, despite strong numbers at high 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

Regional Analysis

• Due to the conflict in Ukraine, Central European markets saw a 25% drop in shipment volumes. Many industrial printer producers have stopped operating in the region.
• The Japanese market saw the most significant growth with more than 20% increase in shipments year-over-year.
• Shipments to North America increased 4.5%, while Western Europe saw an increase of 3.5%.
• The Asia/Pacific region fell by more than 5 percent as it continues to face high levels of the pandemic.

Outlook For 2022

Industrial printer activity fell in key areas due to supply chain problems, ongoing pandemics, and Russia-Ukraine war. Trade shows resumed, sustainable textile printing is being pursued, and retail reopening are all driving demand.

IDC’s Worldwide Quarterly Industrial Printer Tracker shows total market size and vendor share in five key market segments: large format and label and packaging, direct, garment, industrial textile, shape, and industrial textile. The Tracker provides information on units, shipping value, average selling price (ASP) and market share for each product category by ink, media size, hardware type or primary application. It covers nine geographical regions and 90 countries.

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About IDC

International Data Corporation (IDC), is the world’s leading provider of market intelligence and advisory services. It also hosts events and other information for the consumer and business technology markets. IDC has more than 1,200 analysts around the world and offers local, regional and global expertise in technology, IT benchmarking, sourcing, industry opportunities, and trends in more than 110 countries. IDC’s insight and analysis help IT professionals, business executives, as well as the investment community, to make fact-based decisions about technology and achieve their business goals. IDC, which was established in 1964, is a wholly owned subsidiary to International Data Group (IDG), one of the most respected tech media, data, marketing and services companies in the world. For more information about IDC, visit www.idc.com. Follow IDC Twitter @IDC LinkedIn. Subscribe to the IDC blog for industry news, insights, and more

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