Printing Machinery Market Overview
The global printing machinery market has been showing robust growth in recent years. In 2022, the market size was valued at USD 22.1 billion. The printing machinery market type is projected to witness continued expansion, with a growth from USD 23.2 billion in 2023 to USD 34.6 billion by 2032. This projection indicates a compound annual growth rate (CAGR) of 5.10% during the forecast period from 2023 to 2032.
The printing machinery market encompasses various types of printing equipment and devices used in diverse industries, such as commercial printing, packaging, textiles, and others. Printing machinery plays a crucial role in producing a wide range of printed materials, including newspapers, magazines, packaging materials, labels, textiles, and promotional materials.
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Key Players:
List of the Key Companies in the Printing Machinery market includes
· Tokyo Kikai Seisakusho LTD.
· Proto Labs, Inc.
· Koenig & Bauer AG
· Xerox Corporation
· Canon Inc.
· HP Development Company L.P.
· Manroland Goss
· Presstek LLC
· 3D Systems, Inc.
· KOMORI Corporation.
· Heidelberger Druckmaschinen AG
Printing Machinery market Outlook
Overall, the printing machinery market is poised for continuous growth during the forecast period, fueled by technological advancements, the packaging industry’s growth, the adoption of digital printing, and increased focus on personalized and sustainable printing solutions. As industries evolve and consumer preferences change, the printing machinery market is likely to witness further innovations and expansions to meet the demands of the modern printing landscape.
Printing Machinery Market Segmentation:
Printing Machinery Type Outlook
· Printers
· Plotters
Printing Machinery Technology Outlook
· Digital
· Lazer
· Flexographic
· Rotogravure
Printing Machinery End User Outlook
· Manufacturing
· Packaging
· Research
Printing Machinery Regional Outlook
· North America
· Europe
· Asia-Pacific
· Rest of the World
Printing Machinery Industry Developments
· February 2021: In February 2021, Canon, a prominent Japanese multinational corporation, made an announcement regarding the expansion of its PIXMA G Series line-up in India. The company launched seven new ink tank printers with prices starting from INR 11,048.
· November 2019: In November 2019, CEAD, a Netherlands-based company specializing in large-scale, composite 3D printing, collaborated with Siemens to jointly present their latest development, the AM Flexbot.
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