The Printing Machinery And Equipment Global Market Report 2023 by The Business Research Company, provides printing machinery and equipment market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Printing Machinery And Equipment Global Market Report 2023, the global printing machinery and equipment market size grew from $50.91 billion in 2022 to $54.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global printing machinery and equipment market is expected to grow to $69.15 billion in 2027 at a CAGR of 6.1%.
Rapid advances in technology are expected to drive innovation in printing machinery and equipment machinery manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins.
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The printing machinery and equipment market is segmented:
1) By Type: Typesetting Machinery, Offset Printing Machinery, Flexographic Printing Machinery, Gravure Printing Machinery, Printing Trades Binding Machinery And Equipment, Other Printing Machinery And Equipment
2) By Capacity: Small, Medium, Large
3) By Operation: Autonomous, Semi-autonomous, Manual
4) By End Use: Packaging, Publication, Other End Uses
Instant and on–the–go printing is one of the latest innovations in the printing machinery and equipment manufacturing market. On-the-go printing refers to the wireless connectivity in printers that enable the user to commence printing hassle-free by using the smartphone app. This technology in printers encourages the next generation of young users to be more creative and accustomed to printer usage with technology. For instance, HP printers can be accessed through the HP Smart app without any computer or wired connections.
The printing machinery and equipment market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Printing Machinery And Equipment Market Characteristics
4. Printing Machinery And Equipment Market Product Analysis
5. Printing Machinery And Equipment Market Supply Chain
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26. Key Mergers And Acquisitions In The Printing Machinery And Equipment Market
27. Market Background: Industrial Machinery Manufacturing Market
28. Recommendations
29. Appendix
30. Copyright And Disclaimer
Top Major Players:
- Canon Inc
- Konica Minolta, Inc
- Fujifilm Corporation
- Heidelberger Druckmaschinen AG
- Xerox Corporation
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