However, stagnancy of growth opportunities in these regions is impelling market players to shift focus on emerging countries. Geographically, North America and Europe are the leading the global printing equipment market. Such innovations will bode well for print equipment in the market during the forecast period.Īsia Pacific to Offer Lucrative Growth Opportunities Especially from End User Segments This technology includes both digital and offset printing with respect to speed and quality. This was enabled by using small pigments in water-based particles.
For instance, Landa Corporation developed nanotechnology to use in printing in the year 2012. The introduction of nanotechnology in printing technology is likely to increase scope for the market’s growth. The advent of 3D printing will create growth opportunities for the print equipment. Besides this, the shifting consumer preference towards environment friendly products will help the promotion of green labels in the coming years. Various local authorities and governments are emphasizing on promoting packaging materials with recycling ability in order to maintain clean environment worldwide. Furthermore, emphasis laid on recycling ability of the printing labels is expected to contribute positively to the print equipment market. This is likely to bode well for print equipment market. The demand for reduced weight in product packaging and use of thinner and smaller labelling is increasing by the day. Introduction of 3D Printing to Foster Growth OpportunitiesĪsia Pacific Dominates Global Market Due to Robust Economic Development Report Scope & Segmentation: Report Coverage Besides high cost structure and sensitive pricing environment, the shifting preference from traditional media to digital media in printing technique might as well hinder the global market in the coming years. On the flip side, the high cost incurred on the implementation of printing structure may restrict growth in the market. This is due to the rise in demand for innovations in label printing, including recyclable packaging and lightweight labels. Various other companies are investing considerably in packaging printing machinery. Such steps will positively affecting the print equipment market in the coming years. To cite an example, Nestlé Waters, based in North America, has reduced the size of their label by 35% for their bottles. Various sustainable developments achieved by manufacturing companies are enabling the print equipment market reach new benchmarks. List of Key Players Mentioned in the Report:īenchmarks Achieved in Last Few Years to Enable Market Gain Momentum Automation in printing and other advantages of print equipment will enable the market to rise at a CAGR of 0.21%, during the forecast period of 2018 to 2025.
In a report, titled, “ Print Equipment Market Size, Share and Global Trend and Geography Forecast till 2025”, Fortune Business Insights highlights various factors propelling growth in the market.Īs per the report, the global print equipment market is prognosticated to be worth US$ 20.04 Bn by the end of 2025 from US$ 19.74 Bn in 2017. 12, 2022 (GLOBE NEWSWIRE) - The recent penetration of digitalization across various fields is creating lucrative growth opportunities for the global print equipment market.
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