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Nov 04, 2020 (The Expresswire) —
Recent penetration of digitalization across various fields is creating lucrative growth opportunities for the global print equipment market. In a report, titled, “Print Equipment“Market Size, Share and Global Trend By Type (Offset, Digital, Flexo), By End Use (Packaging, Publication, Commercial) and Geography Forecast Till 2026, Fortune Business Insights highlights various factors propelling growth in the market.
Key Companies Covered In The Report
- Landa Digital Printing
- Komori America Corporation
- Mark Andy Inc.
- Windmoeller and Hoelscher Group
- Barry-Wehmiller International (B-WI)
Introduction of 3D Printing to Foster Growth Opportunities
The demand for reduced weight in product packaging and use of thinner and smaller labelling is increasing by the day. This is likely to bode well for print equipment market. Furthermore, emphasis laid on recycling ability of the printing labels is expected to contribute positively to the print equipment market. Various local authorities and governments are emphasizing on promoting packaging materials with recycling ability in order to maintain clean environment worldwide. Besides this, the shifting consumer preference towards environment friendly products will help the promotion of green labels in the coming years.
The advent of 3D printing will create growth opportunities for the print equipment. The introduction of nanotechnology in printing technology is likely to increase scope for the market’s growth. For instance, Landa Corporation developed nanotechnology to use in printing in the year 2012. This was enabled by using small pigments in water-based particles. This technology includes both digital and offset printing with respect to speed and quality. Such innovations will bode well for print equipment in the market during the forecast period.
Queries Addressed In The Market Report:
- What opportunities are present for the market players to enhance their business footprint?
- What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
- Which segment is witnessing huge traction from the consumers?
- For what purposes, is the market being utilized?
- How many units are estimated to be sold in 2020?
Order Complete Reporthttps://www.fortunebusinessinsights.com/checkout-page/100160
Market Landscape and Market Scenario Includes:
- Current market size estimate
- Revenues by players Top Companies
- Market size by product categories
- Market size by regions/country
Important Features that are under Offering and Key Highlights of the Market Report:
- Detailed overview of Market Share
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
As per the report, the global print equipment market is prognosticated to be worth USD 20.04 Bn by the end of 2026 from USD 19.74 Bn in 2017. 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 2026.
1. By Type
2. By End use
- Commercial and Others
3. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)
Benchmarks Achieved in Last Few Years to Enable Market Gain Momentum
Various sustainable developments achieved by manufacturing companies are enabling the print equipment market reach new benchmarks. To cite an example, Nestlé Waters, based in North America, has reduced the size of their label by 35% for their bottles. Such steps will positively affecting the print equipment market in the coming years. Various other companies are investing considerably in packaging printing machinery. This is due to the rise in demand for innovations in label printing, including recyclable packaging and lightweight labels.
On the flip side, the high cost incurred on the implementation of printing structure may restrict growth in the market. 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.
Asia Pacific to Offer Lucrative Growth Opportunities Especially from End User Segments
Geographically, North America and Europe are the leading the global printing equipment market. However, stagnancy of growth opportunities in these regions is impelling market players to shift focus on emerging countries. Furthermore, the market is expected to gain from the rising demand from diverse industries. For instance, the textile industry is adopting printing equipment for introducing innovative cloth designs such as visual graphics, washable print, and others, as per the frequently changing fashion trends.
According to Fortune Business Insights, the global print equipment market will gain pace in response to the use of printing techniques for adorning items such as mouse pads, trophies, mugs, apparel, and signage. In addition to this, the increasing demand for various printing types such as Flexo, digital, web, sheet fed, and others, will bode well for the global market in the coming years.
Key Features of Market Research Report:
- This report provides detail analysis of the market and have a comprehensive understanding of the market and its commercial landscape.
- Learn about the various market strategies that are being adopted by leading companies.
- It provides a five-year forecast assessed based on how the market is predicted to grow.
- It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
- To understand the future scope and outlooks for the market.
- Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
- Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
- Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
- The global market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
- Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
- Market Report also mentions market share accrued by each product in the market, along with the production growth.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
For more information in the analysis of this report, visit:https://www.fortunebusinessinsights.com/industry-reports/print-equipment-market-100160
Table of Content
5. Global Print Equipment Market Analysis, Insights and Forecast, 2015-2026
5.2. Key Findings / Summary
5.3. Print Equipment Market Analysis, Insights and Forecast By Type (USD Bn)
5.4. Market Analysis, Insights and Forecast By End Use (USD Bn)
6. North America Print Equipment Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Print Equipment Market Analysis, Insights and Forecast By Type (USD Bn)
6.3. Market Analysis, Insights and Forecast By End Use (USD Bn)
7. Europe Print Equipment Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Print Equipment Market Analysis, Insights and Forecast By Type (USD Bn)
7.3. Market Analysis, Insights and Forecast By End Use (USD Bn)
7.3.3. Commercial and Others
7.4. Market Analysis, Insights and Forecast By Country (USD Bn and Units)
8. Asia Pacific Print Equipment Market Analysis, Insights and Forecast, 2015-2026
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast By Type (USD Bn)
8.3. Market Analysis, Insights and Forecast By End Use (USD Bn)
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit What will be the CAGR Value for Print Equipment Market in 2026? Fortune Business Insights
The MarketWatch News Department was not involved in the creation of this content.