Pira Forecasts 55% Growth for Global Electrophotographic Print Market by 2015

The report reveals that the importance of electrophotography in the printing industry is growing quickly. According to Pira, electrophotography currently accounts for 9.4% of the value of the global print market (worth $654 billion in 2010). This constitutes a sharp jump from the 2009’s 8.7% and the 4.3% recorded in 2004. Similarly dynamic development is predicted for the coming years, as the report puts electrophotography’s share of the global print market in 2014 at 13%, almost 50% more than in 2009. Digital print processes (electrophotography and inkjet) are forecast to generally gain share from conventional print, with the exception of flexo, which is expected to expand its foothold during 2004-14.

Global Electrophotographic Print Market