LAMEA Microprinting Market Size, Share & Industry Trends Analysis Report By Type (Monochrome and Color), By Ink Type, By Application, By Substrate Type (Paper, Plastic and Metal), By Print Type, By Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Microprinting Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
Microprints cannot be created by a digital printer no matter the resolution of the device. Some digital fonts are designed specifically for microprinting. Pseudo micro-print fonts are referred to as microtext. Companies like Videojet technologies released printers with 1650 High Resolution (HR) and 1620 HR Continuous Inkjet (CIJ), which can print sub-pixel size characters as small as 0.6 mm in height. The printers use a 40-micron nozzle which outputs more than 100,000 drops per second of ink. These printers can make digitally produced microprinting easier and faster.
By utilizing gold nanoparticle inks on a glass substrate, researchers concluded that they could control the production of print patterns to a scale of 2 microns. After printing, the nanoparticle ink suspension was heated using a gaussian laser; as it warmed, the glass would expand due to the thermal conductivity of the gold nano-ink.
Under the Saudi Arabian government’s Vision 2030, an investment of over $65 billion to develop the country’s healthcare infrastructure is planned. Also, it aims to raise the private sector contribution from 40% to 65% by the year 2030, which will target the privatization of 290 hospitals and 2,300 primary health centers. The healthcare sector in Qatar ranks 4th best in the world. The industry is also expected to gain prominence as a medical tourism spot, a significant driver of the country’s economic diversification strategy.
The Brazil market dominated the LAMEA Microprinting Market by Country in 2021; thereby, achieving a market value of $25.6 million by 2028. The Argentina market is experiencing a CAGR of 9.6% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.8% during (2022 - 2028).
Based on Type, the market is segmented into Monochrome and Color. Based on Ink Type, the market is segmented into Magnetic Inks, UV Invisible Inks, Infrared Ink Markings, Micro-Embossing, Special Inks and Others. Based on Application, the market is segmented into Labels, Currency & Bank Cheque, Stamps & Documents, ID & Payment Cards and Others. Based on Substrate Type, the market is segmented into Paper, Plastic and Metal. Based on Print Type, the market is segmented into Single-sided and Double-sided. Based on Vertical, the market is segmented into BFSI, Packaging, Government, Education, Consumer Electronics, Healthcare, IT & Telecom and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Microprinting Market is Predict to reach $1 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard enterprise Company (HP Development Company L.P.), Canon, Inc., Videojet Technologies, Inc. (Danaher Corporation), Zebra Technologies Corporation, Xerox Corporation, Ricoh Company, Ltd, Brady Corporation, Xeikon N.V., Hubergroup Deutschland GmbH, Matica Technologies group S.A.
Scope of the Study
Market Segments Covered in the Report:
By Ink Type
- Magnetic Inks
- UV Invisible Inks
- Infrared Ink Markings
- Special Inks
- Currency & Bank Cheque
- Stamps & Documents
- ID & Payment Cards
By Substrate Type
By Print Type
- Consumer Electronics
- IT & Telecom
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Hewlett-Packard enterprise Company (HP Development Company L.P.)
- Canon, Inc.
- Videojet Technologies, Inc. (Danaher Corporation)
- Zebra Technologies Corporation
- Xerox Corporation
- Ricoh Company, Ltd
- Brady Corporation
- Xeikon N.V.
- Hubergroup Deutschland GmbH
- Matica Technologies group S.A.
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