One Of The Fastest Growing Industries.
Much like the gourmet coffee and sub sandwich categories --which took-off in the 80’s and 90’s, respectively -- the inkjet cartridge refilling industry is poised to be the next big thing.
According to a recent article in Recharger Magazine, the top three franchisors (in the US) had approximately 250 stores; a year later, that number increased by almost 100%.
As the pioneer in the inkjet cartridge refilling industry, Island Ink-Jet has witnessed, first-hand, the tremendous growth of this business.
More Printers = More Demand For Ink.
With the worldwide sale of printers increasing by almost 15% each year, the ink cartridge industry now represents a $30 billion market. And, of this total, the inkjet refill industry has the potential to own as much as 70% of the printer aftermarket. According to research by IPSOS Worldwide of Chicago, three times as many consumers would rather refill their empty cartridge than buy a new one.
According to the same research, 54% of consumers have indicated that they’d prefer to save money by having their empty ink jet cartridges refilled. With such positive consumer response, it’s easy to understand the potential of the industry.
topIsland Ink-Jet Systems Inc. and Island Ink-Jet Systems (US) Inc. (collectively referred to as "Island Ink-Jet")
