Global researcher International Data Corporation (IDC)’s latest Quarterly Industrial Printer Tracker announces that Asia Pacific region started showing recovery from the covid slowdown in the second quarter. The new data shows that industrial printer shipments were significantly impacted by the COVID-19 crisis on a worldwide basis in the second quarter of 2020 (2Q20). The industrial printing market, which comprised large-format, packaging & label, direct-to-shape, direct-to-garment, and industrial textile printer segments, saw worldwide shipments decline by 46.8 percent.
As the Asia/Pacific region showed the start of a recovery in the second quarter, with shipment growth compared to Q1. Shipments in the direct-to-garment segment declined just over 20 percent compared to the first quarter. Likewise, shipment in the direct-to-shape segment was declined by over 26 percent. Industrial textile printer shipments contracted just 7 percent compared to 1Q20, with growth in the Asia-Pacific region offsetting declines in other regions. In the scenario, large-format printer shipments declined almost 25 percent worldwide.
