Specialty Printing Consumables

SUMMARY

US demand to grow 7% annually through 2007

Demand for specialty printing consumables in the US is forecast to rise seven percent per year to more than $15 billion in 2007. Much of this growth can be attributed to the rapid adoption of digital printing processes over alternative printing technologies.

In addition, favorable gains will be attributable to the printing and packaging industry moving to highervalue consumables to solve environmental and performance issues.

Market trends

• greater penetration of digital still cameras will drive rapid gains for specialty digital paper such as glossy and matte types.
• increased use of laser printers in the consumer market will increase demand for toner cartridges and thus drive growth in aggregate specialty consumables market value since toner costs more per pound than traditional digital inks.
• the large installed base of laser printers in the office segment, as well as the significant installed base of inkjet printers in the consumer segment, will continue to provide gains for both toner and digital ink in replacement cartridges and refill kits.
• digital presses will continue to displace traditional printing equipment (e.g., gravure, flexographic and lithographic) in commercial printing, which boosts overall market value as digital ink costs more per pound than inks used in conventional printing presses.
• synthetic print media will continue to benefit from its water-resistant and tearresistant properties, especially in major applications such as outdoor posters or banners, and various retail tags and labels.
• UV-cured ink demand will be driven by environmental benefits, such as low volatile organic compound emissions, and also by these inks\' ability to reduce overhead costs due to their rapid curing time.
• growth in specialty inks will be driven by their ability to enhance the security of a document (e.g., reduce counterfeiting or identity theft) or provide visual aspects that differentiate the end product from others (e.g., glow-in-thedark or a change in ink color when subjected to heat).

Growth restraints

While specialty printing consumables demand will benefit from all of these factors, as well as several others, gains will be limited, particularly in the industrial market. Restraining gains will be such factors as a continued decline in the number of printing and publishing establishments, which reduces the potential market for specialty consumables. In addition, continued pressures from end users to reduce their consumables expenditures, which makes the enforcement of price increases difficult for all consumable types, will further hinder growth.

Study coverage

Details on these and other key findings are featured in a new Freedonia study, Specialty Printing Consumables. This study provides historical data for the years 1992, 1997 and 2002, plus forecasts for 2007 and 2012. Demand is given in pounds and current US dollars for major product types and markets of specialty printing consumables.

In addition, market share data are given for major suppliers, along with an overview of competitive strategies, recent mergers and acquisitions activity, regulatory issues and the macroeconomy. Profiles are also provided for leading manufacturers and suppliers of specialty printing consumables in the US marketplace.

TABLE OF CONTENTS

Introduction

EXECUTIVE SUMMARY

MARKET ENVIRONMENT

• General
• Macroeconomic Overview
• Consumer Spending & Income Patterns
• Manufacturing Outlook
• Historical Market Trends
• Pricing Trends
• Environmental & Regulatory Considerations
• International Activity
• Foreign Trade

PRODUCTS

• General
• Printing Inks & Toners
  • Inks
  • Conventional
  • Screen & Specialty
  • Digital
  • Toners
  • Color
  • Formulation
• Specialty Substrates
  • Digital Paper
  • Synthetic Print Media
• Chemicals
  • Cleaning Fluids & Wipes
  • Coatings & Varnishes
  • Adhesives
  • Other
• Other

MARKET OVERVIEW

• General
• Printing Process Overview
  • Lithography
  • Flexography
  • Screen
  • Digital
  • Other
• Printing Equipment Trends
  • Commercial Printing Machinery & Equipment
  • Printers
  • Supply & Demand
  • Installed Base
  • Ink & Toner Cartridges
  • Cartridge Refill & Recycling Trends
• Consumables Market Outlook

INDUSTRIAL MARKETS

• General
• Commercial Printing & Publishing
  • Commercial Printing/Publishing Industry Outlook
  • Consumables Demand
  • Advertisements, Mailings & Inserts
  • Books & Periodicals
  • Labels
  • Other
• Packaging
  • Packaging Industry Overview
  • Consumables Demand
  • Flexible Packaging
  • Primary Packaging Labels
  • Retail Bags & Sacks
  • Rigid Containers
• Other
  • Textiles & Apparel
  • Electronics
  • Miscellaneous

OFFICE & CONSUMER MARKETS

• General
• Offices
  • Office Printing Trends
  • Printers
  • Cartridges & Refills
  • Consumables Demand
• Consumer
  • Consumer Printing Trends
  • Printers
  • Digital Cameras
  • Cartridges & Refills
  • Consumables Demand

INDUSTRY STRUCTURE

• General
• Market Share
• Acquisition Activity
• Cooperative Agreements
• Competitive Strategies
• Research & Development
• Manufacturing
• Marketing Strategies & Distribution

Company Profiles

List of Tables

each table includes forecasts through 2007 & 2012

EXECUTIVE SUMMARY

• 1 Summary Table

MARKET ENVIRONMENT

• 1 Macroeconomic Environment
• 2 Consumer Spending & Income
• 3 Manufacturers\' Shipments
• 4 Specialty Printing Consumables Historical Trends, 1992-2002
• 5 Specialty Printing Consumables Pricing

PRODUCTS

• 1 Printing Consumables Demand by Type
• 2 Specialty Printing Consumables Demand by Type
• 3 Printing Ink & Toners Demand by Type & Market
• 4 Printing Ink Demand by Type
• 5 Conventional Printing Ink Demand by Type & Formulation
• 6 Screen & Specialty Ink Demand by Type & Formulation
• 7 Digital Ink Demand by Formulation
• 8 Toner Demand by End-Use
• 9 Toner Demand by Color
• 10 Toner Demand by Formulation
• 11 Printing Specialty Substrate Demand by Type & Market
• 12 Digital Paper Demand by Type & Market
• 13 Synthetic Print Media Demand by Market
• 14 Chemical Demand by Type & Market
• 15 Cleaning Fluids & Wipes Demand by Type & Formulation
• 16 Coatings & Varnishes Demand
• 17 Adhesives Demand by Type
• 18 Other Chemical Demand by Type

MARKET OVERVIEW

• 1 Commercial Printing Machinery & Equipment Supply & Demand
• 2 Printer Supply & Demand
• 3 Printer Installed Base by Type, Function & End-User
• 4 Ink & Toner Cartridge Demand
• 5 Specialty Printing Consumables Demand by Market

INDUSTRIAL MARKETS

• 1 Specialty Printing Consumables Demand by Industrial Market
• 2 Printing & Publishing Shipments
• 3 Commercial Printing & Publishing Market for Specialty Printing Consumables
• 4 Packaging Shipments
• 5 Packaging Market for Specialty Printing Consumables
• 6 Other Industrial Markets for Specialty Printing Consumables

OFFICE & CONSUMER MARKETS

• 1 Office & Consumer Market for Specialty Printing Consumables
• 2 Office Printing Trends
• 3 Office Market for Specialty Printing Consumables
• 4 Consumer Printing Trends
• 5 Consumer Market for Specialty Printing Consumables

INDUSTRY STRUCTURE

• 1 Estimated US Printing Consumables Sales, 2002
• 2 Selected Acquisitions & Divestitures
• 3 Selected Cooperative Agreements

COMPANY PROFILES

• presented for 33 industry participants such as Dainippon Ink & Chemicals, Eastman Kodak, Flint Ink, Fuji Photo Film, Sakata INX and Yupo

List of Charts

MARKET ENVIRONMENT

• 1 Historical Trends in Specialty Printing Consumables Demand, 1992-2002
• 2 World Specialty Printing Consumables Demand, 2002

PRODUCTS

• 1 Specialty Printing Consumables Demand by Type, 2002

INDUSTRIAL MARKETS

• 1 Specialty Printing Consumables Demand by Industrial Market, 2002

INDUSTRY STRUCTURE

• 1 US Printing Consumables Market Share by Company, 2002