Single Colour Pad Printing Machines Market Outlook 2031
The global single color pad printing machines market size was USD XX Bn in 2022 and is likely to reach USD XX Bn by 2031, expanding at a CAGR of XX % during 2023–2031. Rising demand from the end-user industries is driving the market. Increasing demand for advanced printing solutions as well as customized prints for 2D and 3D objects is expected to drive the single-color pad printing machines market.
Industries such as textile and consumer goods require advanced printing solutions to distinguish between their products and portray their brand in a creative way. This directly affects the market growth, as pad printing machines print on-demand images and designs with high precision, maintaining high qualitative and quantitative output for long duration. The increasing popularity of personalized gift items is expected to fuel the market during the forecast period. For instance,
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According to the data published on June 15, 2022, personalized gift articles were sold globally, generating a revenue of USD 23.5 billion in 2019.
A single color pad printing machine is a modern printing solution that prints a uniform-color print on flat and 3D objects. It is capable of printing on metals, plastics, glass, fabrics, and various materials. The machine prints images with high quality and retains high print quality for long durations. These machines are mainly used for printing on clothes, goods, accessories, equipment, electrical appliances, and gift articles. The machines print according to the RGB-colored printing patterns with the help of flexible silicone or rubber padding. It provides superior print quality, that covers all the touch points of plane and uneven object surface.
The COVID-19 pandemic hindered the market, due to the sudden halt in the operations of various end-use industries. Industries had to cease their operations, due to the COVID-19 guidelines and restrictions imposed by various governments worldwide. The industries were running short of supplies of raw materials and the workforce. In the latter pandemic period, the market gradually recovered from losses, as the COVID restrictions were lifted.
Impact of Artificial Intelligence (AI) in Single Colour Pad Printing Machines Market
The use of artificial intelligence is likely to provide substantial propulsion to the single color pad printing machines market. Integration of AI with programmable logic systems (PLC) helps manufacturers automate several printing operations, by programming the commands in advance.
The use of generative AI helps industries by providing a large number of image alternatives to be imprinted in a single color, based on the inputs of limited keywords. Furthermore, the predictive AI is capable of notifying the printers by predicting future system failures, thereby reducing the possibility of system downtime, which is expected to drive the market.
Single Colour Pad Printing Machines Market Dynamics
Major Drivers
Increasing demand from electronic manufacturing industries is expected to drive the market. The rapid expansion of the electronic industry is attributed to the high demand for electronic devices and gadgets, such as mobile phones, tablets, and laptops. Increasing construction activities across the world is boosting the demand for electric circuits, and components, such as toggles, switches, and boards.
Moreover, the rising demand for home appliances such as refrigerators, WiFi routers, washing machines, microwaves, and others is expected to boost the market during the assessment period. For instance,
Existing Restraints
Limited printing area of single-color pad printing machines hampers the market. Pad printers print with the help of padding attached to the machines made of several materials. The padding is available in small sizes and is not suitable for printing equipment with large sizes, which is likely to hamper the market during the forecast period.
Emerging Opportunities
Improving the speed of the printing operation of the machine is anticipated to provide substantial growth opportunities for the market. Single-color pad printing machines operate comparatively slower than other printing techniques, such as hot stamping. Improving their speed, or number of prints per minute with the help of auto-bots, is expected to create major opportunities for market growth.
Scope ofThe Single Colour Pad Printing Machines Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Single Colour Pad Printing Machines Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Automatic, Semi-automatic, and Manual) and End-user (Manufacturing Industry, Glass & Ceramics, Healthcare and Pharmaceuticals, Personal Care and Cosmetics, Automotive, Textile, Electronic Devices, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Inkcups Now Corporation; TECA-PRINT USA; Printex USA; AUTOTRAN INC.; Comec Italia Srl; Miedl & Schnall GmbH; DECO TECH; Tampoprint AG; and Printa Systems LLC
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Single Colour Pad Printing Machines Market Segment Insights
Type Segment Analysis
Based on type, the single colour pad printing machines market is divided into automatic, semi-automatic, and manual. The automatic segment is projected to hold a major share of the market during the projection period, due to enhanced accuracy and ease of operation for manufacturers. The machine is capable of adapting to various printing requirements and runs for a long duration of time.
Automation of the machine minimizes the need for labor and removes the scope for manual errors. The rising demand for workflow automation from manufacturing industries is expected to drive the segment during the projection period.
End-user Segment Analysis
On the basis of end-user, the single color pad printing machines market is segmented into the manufacturing industry, glass & ceramics, healthcare and pharmaceuticals, personal care & cosmetics, automotive, textile, electronic devices, and others. The textile industry is expected to hold a major share of the market during the forecast period, due to the advancements in garment labeling for clothing and shoes. Tagless clothes help reduce the use of non-biodegradable tear-away tags on clothes.
Tear-away tags are manufactured from synthetic materials, whereas the tagless prints are printed directly on the garments. The inks used are sustainable and skin-friendly, and thus do not need to be torn and disposed of. Moreover, tagless pad printing is cost-effective for manufacturers and sufficient for printing on sewn footwear or clothing, which is expected to drive the segment in the coming years.
The healthcare and pharmaceuticals segment is anticipated to register robust growth during the forecast period. This is attributed to the increasing prevalence of diseases around the world, which leads to the high demand for medical equipment such as medical devices, and disposable medical essentials, catheters, injectables, and others. For instance,
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According to data published on July 27, 2022, Johnson & Johnson generated a revenue of about USD 84.88 billion in 2022, by selling medical equipment globally.
Healthcare providers use various medicines and injectables such as disposable syringes, IV tubes, and others on a daily basis. They are printed with the usage guidelines and expiry details with the help of pad printing machines. Medicine bottles, coated tablets, and capsules are imprinted with the help of pad printing technology. The high print quality and operational efficiency of the printing machine are expected to boost the segment during the forecast period.
Regional Outlook
In terms of region, the global single color pad printing machines market is classified as Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America is expected to hold a major market share during the projection period, owing to the advancements in the automotive and healthcare industries in the region.
Countries such as the US, Canada, and Mexico are global leaders in terms of using technology and automation. Therefore, industries such as healthcare and automotive are empowered with AI-driven technology. Furthermore, the increasing popularity of customizable prints on clothing and gift articles, accessories, and other goods is expected to drive the market.
Asia Pacific is expected to dominate the market during the projection period, due to the established network of manufacturing, textile, and electronic industries. Countries, such as China, Bangladesh, and India, are the key producers and exporters of a variety of fabric, readymade garments, and clothing materials. For instance,
Moreover, the rising demand for single color pad printing machines from the automotive industry is anticipated to boost the market in Asia Pacific during the forecast period.
Segments
The single colour pad printing machines market has been segmented on the basis of
Type
- Automatic
- Semi-automatic
- Manual
End-user
- Manufacturing Industry
- Glass & Ceramics
- Healthcare and Pharmaceuticals
- Personal Care & Cosmetics
- Automotive
- Textile
- Electronic Devices
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global single color pad printing machines market are Inkcups Now Corporation; TECA-PRINT USA; Printex USA; AUTOTRAN INC.; Comec Italia Srl; Miedl & Schnall GmbH; DECO TECH; Tampoprint AG; and Printa Systems LLC.
These companies adopted development strategies, including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion, to cater to customers worldwide.
For instance,
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