InfoTrends/CAP Ventures Reports Inkjet Popularity is Fueling Specialty Media Growth

Looks like the inkjet market is continuing to grow at an amazing rate. Over 80 million inkjet devices were installed last year. It seems that customers are realizing that inkjet is the way to go as you can print on so many different types of media. Multi functional products are making consumers very happy over the past couple of years.

"Out of the 116 billion prints produced on paper-based media by inkjet products in 2004, specialty media was used for nearly 30 billion of these prints. Commodity and specialty media are expected to experience steady growth between 2002 and 2007. During that same timeframe, inkjet media will continue to show signs of growth and will increase at a CAGR (compound annual growth rate) of 3.5%."

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