Global Printing Machinery And Equipment Market Outlook 2025-2034: Growth Drivers, Share, And Trends

The printing machinery and equipment report describes and explains the printing machinery and equipment market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global printing machinery and equipment market reached a value of nearly $61.45 billion in 2024, having grown at a compound annual growth rate (CAGR) of 8.69% since 2019. The market is expected to grow from $61.45 billion in 2024 to $88.66 billion in 2029 at a rate of 7.61%. The market is then expected to grow at a CAGR of 7.35% from 2029 and reach $126.37 billion in 2034.

What strategies are being adopted by key players in the printing machinery and equipment market?

The key players in the market are adopting extensive strategies in the printing machinery and equipment market such as:
• Expanding business capabilities through innovative product launches
• Introducing advanced digital printing solutions
• Enhancing product portfolio with cutting-edge technologies

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To take advantage of opportunities, The Business Research Company suggests that printing machinery and equipment companies enhance offerings:
• Advancing specialty color printing technology
• Enhancing digital printing through strategic collaborations
• Transforming packaging with smart printing technologies
• Developing innovative flexo press solutions for high-speed packaging
• Integrating Industry 4.0 connectivity into printing presses

What Is Printing Machinery And Equipment: Market Overview?
Printing machinery and equipment refers to the mechanical and electronic devices used in the process of transferring text, images, or designs onto various surfaces, such as paper, fabric, plastic, or metal.
Printing machinery is used when high-quality, consistent and efficient printing is required, whether for mass production or specialized printing tasks. Complementary products and services include printing inks, plates, rollers and digital printing software, while substitute products include digital-only printing technologies that eliminate the need for traditional printing machinery. Printing machinery is typically used in industrial settings, print shops, publishing houses and manufacturing facilities, where it is integrated into production lines to streamline operations and meet high-volume printing demands.

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Who Are The Major Companies Operating In The Global Printing machinery and equipment Market?
The top 10 competitors in the market made up 18.25% of the total market in 2023. Canon Inc. was the largest competitor with a 4.46% share of the market, followed by:

• Xerox Corporation
• Epson Corporation
• Heidelberger Druckmaschinen AG
• Koenig & Bauer AG
• Bobst Group SA
• Ricoh Group
• Minolta Inc.
• Fujifilm Corporation
• HP Inc.

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This release was published on openPR.