Tactile Printing Market Report Covers Detailed Industry Scope, Future Scenario and Outlook to 2028

In 2021, the market for tactile printing was worth US$ 1,353.27 million. It is predicted to increase to US$ 2,257.92 million by 2028, with a projected growth rate of 7.6% from 2021 to 2028.

The companies involved in the tactile printing industry are facing a strong demand for their products. However, the high prices of commercial and industrial-grade tactile printing machines are preventing the market from growing. For instance, an industrial-scale UV inkjet printer can increase capital expenses by 40% to 300%, and the operating costs are also high, particularly for UV-based ink systems. The price of tactile printers can reach thousands of dollars per unit, depending on the production scale. Furthermore, these printers require regular upkeep to function properly, which incurs additional expenses for the users. Therefore, the cost issue is a major obstacle to the growth of the tactile printing market, especially for personal use.

Access Exclusive Sample Pages of This Report @: https://www.premiummarketinsights.com/sample/TIP00027190?utm_source=OpenPr&utm_medium=10688

This report features a compilation of profiles of various companies, including:

• Altix - Alternative Technology Solutions • Konica Minolta, Inc. - Konica Minolta Corporation • Rink Printing Company - Rink Printers • Sturdy Print & Design Ltd - StrongPrint and Design Limited • American Thermoform - USA Thermoplastic • Canon Inc - Canon Corporation • Index Braille - Braille Index • Kanematsu USA - Kanematsu United States • ViewPlus Technologies Inc - ViewPlus Technology Incorporated • Roland DG Corporation - Roland Digital Group

When it comes to the geography of the tactile market, it can be divided into North America, Europe, APAC, MEA, and SAM. In 2020, Asia Pacific had the highest share of revenue, followed by North America and Europe. Additionally, Asia Pacific is predicted to have the highest CAGR throughout the forecast period. The tactile printing market is divided based on its application and end-user. In terms of application, it is divided into packaging & labels, tactile graphics, and secure documentation. The packaging & labels sector was the primary driver of the market in 2020. When it comes to end-users, the tactile printing market is divided into Braille users, industrial, and government & defense. The Braille users segment is expected to experience the highest CAGR from 2021-2028.

Access the complete report at the following link: https://www.premiummarketinsights.com/reports-tip/tactile-printing-market

Classification of Tactile Printing Market:

Based on Utility: • Wrapping and Tags • Touchable Designs • Protected Records

Target Audience: • Individuals who utilize Braille • Industrial sector • Government organizations and defense sector

The size of the tactile printing market has been determined through research using primary and secondary sources. The research process began by conducting thorough secondary research using both internal and external sources to gather qualitative and quantitative information about the market. This process also allowed for an overview and forecast of the tactile printing market across different segments. The market overview and forecast also took into consideration the five major regions of North America, Europe, Asia Pacific, Middle East & Africa, and South America. Additionally, primary interviews were conducted with industry participants to verify data and gain further analytical insights on the topic. The participants in these interviews included industry experts like VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants specializing in the tactile printing market, such as valuation experts, research analysts, and key opinion leaders.

Purchase this study document at: https://www.premiummarketinsights.com/purchase/TIP00027190?utm_source=OpenPr&utm_medium=10688

If you have any questions regarding this report or if you would like more details, please reach out to Ankit Mathur, our designated contact person. You can contact him via phone at +1-646-491-9876 or email him at [email protected].

Premium Market Insights offers a wide range of market research reports and solutions to companies worldwide. Our goal is to assist our clients in making informed decisions by providing them with the most relevant and cost-effective research reports and solutions from various publishers. Over the past decade, the market research industry has undergone significant changes. With the shift in corporate focus towards niche markets and emerging countries, numerous publishers have emerged to meet the growing demand for information. Our knowledgeable and trained staff can guide you through the available options and help you select the best research solution at a reasonable cost. At Premium Market Insights, we have an extensive collection of industry reports, company reports, and country reports covering all sectors. If the syndicated reports offered by leading publishers do not fulfill your research requirements, we can collaborate with different research agencies to provide you with a customized research solution, saving you both time and money. Our customer service is top-notch, and our support team is always ready to assist you with any research queries you may have. What sets us apart from other providers is our commitment to customer satisfaction, as exemplified by the free analyst support we offer to our clients. Additionally, we offer enterprise subscriptions that offer significant cost savings to our clients.

This announcement was released on openPR.