There are some exciting market areas to be explored by wide format businesses who take advantage of the latest in print technology, according to industry reports from Shingetsu Research and What They Think Printing Outlook. Ricoh's European Sales Director summarises the reports.
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| The Ricoh Pro TF6251 flatbed LED UV printer |
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| Sander Sondaal, Ricoh Europe |
"What was a new business opportunity has become a staple portfolio addition for many Print Service Providers (PSPs). They have already successfully expanded into wide format applications ranging from wall and window graphics to point of purchase and signage.
The migration to, or adoption of, wide format printing by commercial printers is slowing. So says findings from the Business Outlook Survey for WhatTheyThink’s Printing Outlook report.
What was a new business opportunity has become a staple portfolio addition for many Print Service Providers (PSPs). They have already successfully expanded into wide format applications ranging from wall and window graphics to point of purchase and signage.
However, the report goes on to say not all the opportunities have reached maturity and there are still some exciting areas to be explored.
One was soft signage – something only 11% of respondents had added. Others were specialty item printing and Direct-to-Garment printing.
Another was the gradual return to pre-pandemic demand volumes prompting PSPs to send work out that could in fact be easily managed through investment in additional capabilities.
Growth in the worldwide large format printer market was something Shingetsu Research was bullish about as I shared in this blog. It predicted a CAGR (Compound Annual Growth Rate) of 5.4% from 2021 to 2027 and expected it to reach $11.4 billion by 2027 from $8.8 billion in 2020.
When considering current markets where demand is buoyant, or how to respond to any predicted uplift, it is important to evaluate what technology developments can offer and how the right systems and solutions can be vital to success.
The latest market introductions come with some interesting business winning enhancements. They include:
Hybrid technology
With flatbed and roll-fed printing capabilities in an all-in-one system PSPs can create a diverse range of applications. Solutions such as the Ricoh Pro TF6251 service wide format’s core business of traditional applications such as indoor and outdoor signage, Point of Purchase, vehicle wraps, posters, art, event, and floor graphics, and décor such as wallpaper. They can also be effectively used in other markets such as short run jobs in commercial, packaging, label, and industrial sectors.
Substrate versatility
Substrate flexibility is at the heart of production versatility and enables the completion of creative applications in advertising, packaging, and textile fields. It can also help operations expand into new and emerging market segments like vehicle wrapping, architectural layouts, home furnishing, and décor applications. The Ricoh Pro T7210 UV flatbed printer and Ricoh Pro TF6251 hybrid printer run two types of Ricoh UV inks and can handle media up to 110mm thick.
Inks and colours
The report from Shingetsu Research states the quality delivered by large format systems, enabling them to deliver a broader range of services, is instrumental in investment by PSPs.
Among the technology advances driving this today is the introduction of orange and green ink. Used in combination with process colours to extend the colour gamut, or directly as a spot colour, they allow a far greater number of colours to be accurately reproduced. New market additions delivering this capability include the Ricoh Pro L5100e Series of extended gamut latex large format printers with white, orange, and green ink colours.
Sustainable accreditation
Aside from digital systems producing only the printed volume required, which minimises waste and energy expenditure, manufacturers have also focused on increasing the sustainability of their solutions. Among them is latex ink that combines the ability to deliver sharper, richer, colour on a wider range of substrates with faster drying times and reduced energy consumption. They also help meet emissions requirements and as such are Greenguard certified. Ricoh’s UV ink also meet the Greenguard standards."
