Citizen Printer

A printer using foil to Print on Wedding favor such as Ribbon, Tissue and Small Cake Boxes?

that's not a question, and unless you are planning to buy one to use as a long term investment they are not viable for making your own stuff. It will be cheaper to ask a professsional wedding supplies firm to provide all this stuff
for your ribbons you could get an ink stamp made with your personalization and then just stamp the ribbon a few times, you could probably also do that on the cake boxes