Print Equipment Market SWOT Analysis 2021 by Top Manufacturers: Mark Andy Inc., BOBST, KOMORI Corporation

Latest released, the research study on Global Print Equipment Market Report Forecast 2021 - 2026, offers a detailed overview of the factors influencing the global business scope. Print Equipment Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Print Equipment. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Mark Andy Inc., BOBST, KOMORI Corporation, Windmoller & Holscher, Barry-Wehmiller, Landa Corporation, SPG Prints, Rotatek Printing Machinery, Comexi Group, Heidelberger Druckmaschinen AG

The print equipment market was valued at USD 22.4 Billion in 2020, at a CAGR of 2.2% during the forecast period (2021 - 2026).

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Industry News:

- April 2019 - HP announced the new HP Stitch S series, a portfolio of digital textile printers which can deliver fast, precise color-matching, alongside efficient, simplified processes. It is HPs latest innovation is designed to accelerate commercial digital print adoption.
- Nov 2019 - CEAD, a Netherlands-based provider of large-scale, composite 3D printing, and Siemens are expanding on existing collaboration and will be jointly presenting their latest development of AM Flexbot. The new AM Flexbot is controlled by Siemens technology. It integrates Sinumerik CNC with Run MyRobot/Direct Control as well as a Comau robot arm and CEADs single screw extruder unit. The hybrid machine, with both additive and CNC components, can build parts up and achieve higher precision by milling the print down to its final dimensions.

Key Market Trends

Offset Printing Holds the Significant Share in The Market

- The offset printing press process is used in all kinds of printing from the high, medium and low range for the varied range of applications. For many small and medium-sized printing companies, the 50 x 70 cm format is the ideal fit for their product range, especially for commercial and packaging print.
- Many packaging printers in the pharmaceutical and cosmetics segment in particular use the 50 x 70 format, which offers benefits for small folding carton sizes and a high level of embellishments, as well as short runs. However, some companies are upgrading the new design to enhance its user-friendliness. For instance, in Aug 2019, Heidelberg launches a new ergonomic design for its Speedmaster XL 75 and CX 75 offset presses to modernized the new concept design.
- For instance, in Nov 2019, New Heidelberg Versafire and Prinect Digital Frontend Version 2020 introduced flexible application options, particularly in conjunction with offset printing, where the sheets can be pre-printed in offset and then at the desired position added to the digital prints. This makes a fully flexible hybrid production of digital and offset possible and the advantages of both printing processes can be optimally exploited.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Asia-Pacific Expected to be the Fastest Growing Region

- Asia-Pacific is expected for the major growth in the market as various firms are investing in these regions due to high end-user demand along with more development opportunities in packaging printing.
- For instance, Bobst to show the latest solutions and services at Labelexpo Asia 2019, China. The company will illustrate its new Master DM5 hybrid press, the digitally automated machine for the label market. This will illustrate new technologies and opportunities for converters, driven by the digital revolution and drive the growth of hybrid press in this region.
- Moreover, Xeikon, a leading global innovator of digital printing technology, will also present its latest innovations at Labelexpo Asia 2019. After a highly successful Labelexpo Europe in September of this year and equally successful attendance at Printing United in Dallas in the US in October, Xeikon is committed to reaching out to the printers and converters in Asia Pacific. The reason behind attending Labelexpo Asia is to help and guide the regions potential customers who are looking to enter new markets such as food labels or labels for wines, spirits, health & beauty, and pharmaceuticals.

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-Market value USD Million and volume Units Million data for each segment and sub-segment

-Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

-Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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