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Philippines Graphics Market Posts 10.2% Growth Quarterly in 2021Q1

MANILA, May 28, 2021  - According to the IDC Worldwide Quarterly Industrial Printer Tracker , Graphics product of industrial printer tracker, Philippines, showed significant growth quarterly 10.2% in 2021Q1 but declined -6.0% in 2021Q1 compare to 2020Q1.

Industrial Printer Products Experienced Significant Decline In 2020; Dye Sublimation Printer Products Buck The Trend

Industrial printers on road to recovery

IDC Industrial Printer Tracker Shows Recovery from Impact of COVID-19 on Large Format Printer and Industrial Print Markets in Q4 2020

Expectations for 202 1 Investments in industrial printers are a measure of the digital transformation of vital markets such as large format graphics, textile printing, and packaging. IDC expects that the reduction in these investments in 2020 will ultimately represent a temporary dip in the overall growth trend. Despite the pandemic, there were numerous technology advancements introduced to the industrial printer market in 2020 that should fuel investments in industrial printing equipment. In some cases, the pandemic has exposed a demand for faster, more agile, and more sustainable production capabilities that are enabled by industrial printing solutions. About IDC Trackers IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC s Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results

Stronger Demand for Graphics Large Format Printer amidst Covid-19 Pandemic

Posted March 11th, 2021 for IDC KUALA LUMPUR, March 12, 2021  - In the second half of 2020, Malaysia graphic large format printer shipped 399 units, growing by over 90% semi-annually, and over 10% year over year (YoY), according to the IDC s Worldwide Quarterly Industrial Printer Tracker 2020Q4. Malaysia is one of the ASEAN countries which shows positive YoY growth despite experiencing a full-scale economic lockdown. High semi-annual growth is seen in all ink types. Latex recorded the highest semi-annual growth at 286%, followed by UV at 129%, dye-sublimation at 119%, eco-solvent and solvent at 90% and 59% respectively and lastly aqueous at 34%. The Movement Control Order (MCO) and the new norm has caused drastic change in business landscape in 2020H1. Malaysia experienced its worst shipment in 2020H1, but is quick to return to growth in 2020H2. Businesses are quick to pivot, changing their business model and strategy especially the food & beverage industries and small me