Industrial Printer Shipments Deliver Solid Growth in the Fourth Quarter of 2023, According to IDC

NEEDHAM, Mass., March 8, 2024 – The fourth quarter of 2023 (4Q23) noticed industrial printer shipments develop 8.4% in comparison with Q3 2023 and 11.9% in comparison with This fall 2022, in response to the most recent launch of the Worldwide Information Company (IDC) Worldwide Industrial Printer Tracker.

“Extensive format digital printers make up the majority of commercial printer shipments and This fall 2023 was a robust quarter for large format shipments,” stated Tim Greene, analysis director, Hardcopy Options at IDC. “We additionally noticed good progress in a number of different segments – shipments within the direct-to-shape and label & packaging markets have been additionally up considerably, each sequentially and yr over yr. We additionally noticed progress in many of the main geographic markets, with Western Europe and North America main the way in which in This fall.”

Worldwide Industrial Section Highlights for Q4 2023

  • Massive format digital printer shipments grew 9.3% in comparison with Q3 2023.
  • Direct-to-shape printer shipments grew 17% in comparison with the prior quarter.
  • Industrial digital label & packaging printer shipments grew 5.8% sequentially in This fall 2023.
  • The commercial textile section noticed shipments decline 1.6% in comparison with what was a robust Q3 2023, whereas shipments within the Direct-to-garment (DTG) section declined 6% as extra customers put money into Direct-to-film (DTF) printing programs.

Regional Evaluation for Q4 2023

  • Industrial printer shipments in Western Europe noticed cargo progress of twenty-two.6% in This fall in comparison with what was a really smooth Q3 2023.
  • North America noticed complete cargo progress of 10.2% in This fall 2023 in comparison with the prior quarter.
  • Shipments within the Central & Japanese European market grew virtually 10% sequentially in This fall.
  • The Asia/Pacific area, plus China, was basically flat in This fall in comparison with Q3 2023 however confirmed energy in comparison with This fall 2022.

Worldwide Industrial Printer Share of Shipments, Share of Cargo Worth, and Sequential Development, This fall 2023 (share of shipments in items)

Product Class

4Q23 Share of Shipments

4Q23/3Q23 Cargo Development

4Q23 Share of Cargo Worth

4Q23/3Q23 Cargo Worth Development

Direct to Garment





Direct to Form





Industrial Textile





Label & Packaging





Massive Format










Supply: IDC Worldwide Quarterly Industrial Printer Tracker, March 2024

IDC’s Worldwide Quarterly Industrial Printer Tracker supplies complete market dimension and vendor share for 5 main market classes: massive format, label and packaging, direct to garment, industrial textile, and direct to form. Along with items, cargo worth, and ASP, the Tracker additionally supplies market outcomes for every product class by ink kind, media dimension, {hardware} class, or main utility throughout 9 geographic areas and 90 nations.

About IDC Trackers

IDC Tracker merchandise present correct and well timed market dimension, vendor share, and forecasts for tons of of expertise markets from greater than 100 nations across the globe. Utilizing proprietary instruments and analysis processes, IDC’s Trackers are up to date on a semiannual, quarterly, and month-to-month foundation. Tracker outcomes are delivered to shoppers in user-friendly Excel deliverables and on-line question instruments.

Click on right here to find out about IDC’s full suite of knowledge merchandise and how one can leverage them to develop your corporation.

About IDC

Worldwide Information Company (IDC) is the premier international supplier of market intelligence, advisory companies, and occasions for the data expertise, telecommunications, and client expertise markets. With greater than 1,300 analysts worldwide, IDC provides international, regional, and native experience on expertise, IT benchmarking and sourcing, and trade alternatives and traits in over 110 nations. IDC’s evaluation and perception helps IT professionals, enterprise executives, and the funding group to make fact-based expertise selections and to attain their key enterprise aims. Based in 1964, IDC is an entirely owned subsidiary of Worldwide Information Group (IDG), the world’s main tech media, knowledge, and advertising and marketing companies firm. To study extra about IDC, please go to Observe IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Weblog for trade information and insights.

All product and firm names could also be emblems or registered emblems of their respective holders.


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