Increase in color printing will boost the electrophotographic printing market in Japan by 2019, says Technavio

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This market analysis segments the electrophotographic printing market in Japan by application (commercial, books, direct mail, labels, photobooks, transactional, security, magazines, packaging, and others), by type (monochrome printing and color printing), and by geography (Indonesia, Korea, India, Japan, and China). Key vendors are Canon, Kodak, HP, Konica, and Fuji Xerox.

Technavio’s market research analysts estimate the electrophotographic printing market in Japan to grow at a CAGR of more than 3% between 2015 and 2019. One of the main factors contributing to high adoption rate of electrophotographic printing in Japan is large-format electrophotography as an alternative for inkjet printers.

The new market research report from Technavio provides a breakdown and analysis of the electrophotographic printing segments by technology.

“One of the major trends that this market is witnessing is the web-to-print technique. This enables customers to submit the documents they need printed, such as customized greeting cards, to vendors through the Internet. Customers are required to upload the PDF version of the document. Increased use of internet is expected to boost the online printing business over the next four years,” says Navin Rajendra, Lead Analyst, Media & Entertainment, Technavio Research.

The majority of the revenue generated in the electrophotographic printing market is from commercial use, such as in advertising. The segment occupies the largest share in the market, accounting for around 50% of the total market share. The commercial printing segment dominates the electrophotographic printing market in Japan, largely due to the increase in the number of SMEs and marketing activities by businesses. Organizations are increasingly using large-scale or commercial printing to meet their printing requirements

The leading vendors in the electrophotographic printing market in Japan include Canon, Kodak, HP, Konica, and Fuji Xerox. This market is highly competitive and is primarily dominated by a few key vendors like HP and Konica. Vendors that have the ability to provide innovative printing solutions are predicted to have a competitive edge over their rivals. Since this market has low entry barriers, the entry of new vendors is expected to intensify the level of competition between vendors during the forecast period.

A more detailed analysis is available in the Technavio report, Electrophotographic Printing Market in Japan 2015-2019.

We can customize reports by other regions and specific segments upon request.

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