Ricoh ranked #1 for market share in U.S. continuous feed inkjet and #1 for market share in high-speed continuous feed inkjet globally
May 31, 2024
Summary
Portfolio of world’s best-selling inkjet solutions on display at drupa
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EXTON, PA, May 31, 2024 – Ricoh today announced it has captured the #1 market share position for Continuous Feed Inkjet Systems in the United States for 2023 and the #1 market share position for high-speed Continuous Feed Inkjet Systems globally for 2023 in the IDC Quarterly Hardcopy Peripherals Tracker (Calendar 2023).
“Ricoh's inkjet technology is based on more than 50 years of continuous research and innovation,” said Gavin Jordan-Smith, Senior Vice President and General Manager, Head of Global Sales Strategy Division & RICOH Graphic Communications North America Sales, RICOH Graphic Communications. “We continue to invest in developing comprehensive turnkey solutions that comprise our industry-leading inkjet technology, software and services, enabling our customers to seamlessly bridge the gap from offset to digital.”
The inkjet market has grown rapidly in recent years and is estimated to reach $125.9 billion by 20291, as more companies seek to address a shortage of qualified labor, rising material costs, shorter run lengths and a greater focus on sustainability.
Named the “Company to Watch Out For” at this year’s Inkjet Summit, Ricoh recently launched its flagship RICOH Pro VC80000, offering significant advancements in print speed, quality control, color management, increased production, and AI-driven analytics, automation and predictive maintenance. The Pro VC80000, the RICOH Pro Z75 – Ricoh’s newest duplexing B2 sheet-fed inkjet press – and Ricoh’s expanded portfolio of production printers will be on display at drupa, along with its latest innovations in software, services, and sustainability.
For more information on Ricoh’s commercial and production printing products and solutions, please visit: https://www.ricoh.ca/en-CA/products/commercial-industrial-printing.
1 https://www.smithers.com/services/market-reports/printing/the-future-of-inkjet-printing-to-2029, “The Future of Inkjet Printing to 2029,” Smithers, February 29, 2024.
| About Ricoh |
Ricoh is a global integrator in workplace transformation, operating in approximately 200 countries and regions and headquartered in Tokyo. Supporting customers’ value creation, Ricoh offers workplace services and solutions that empower organizations to work smarter through advanced technologies—including AI— together with long-standing expertise rooted in printing. Ricoh also operates commercial and industrial printing businesses and delivers new solutions leveraging inkjet technology. In the financial year ended March 2026, Ricoh Group had worldwide sales of 2,608 billion yen (approx. 16.4 billion USD).
For 90 years since our founding, Ricoh has upheld its mission and vision of empowering individuals to find Fulfillment through Work—and that commitment continues today. By understanding and transforming how people work, we unleash their potential and creativity to realize a sustainable future.
For further information, please visit www.ricoh.com
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