Global Printing Machines Market Size, Trends & Growth Opportunity By Type (Digital, Flexographic), By End User (Publication, Packaging, Commercial), By Region and Forecast till 2027

Global Printing Machines Market Size, Trends, and Growth Opportunity by Type (Digital, Flexographic), By End User (Publication, Packaging, Commercial), By Region, and Forecast till 2027.

Global Printing Machines Market

The global printing machines market was valued at USD 20.89 billion in 2021 which is expected to reach USD 24.11 billion by 2027, at a CAGR of 3.16 %from 2022-2027.

A printing machine is a mechanical device that applies pressure to an inked surface that is resting on a print medium such as cloth or paper. During the forecast period, the global printing machines market is expected to be driven by increased investment in various sectors.

Market Drivers

The primary driving factor that is predicted to promote the growth of the printing machine market globally is the increase in technical improvements in the printing sector.

Market Restraints

However, high production costs and negative environmental impact are projected to limit the global printing machine market's expansion. For example, Konica Minolta Business introduced the MGI JETvarnish 3D one digital print enrichment press in January 2020. These printers can produce more high-impact printed messages as well as profitable decorative embellishments for industrial and commercial applications such as booklets, business cards, brochures, book covers, retail display signs, and posters. Furthermore, the packaging industry's requirement for recyclable labels is projected to drive market expansion. Furthermore, increased printing demand in the textile industry will drive the global printing machines market's growth.

Market Segmentation

Global Printing Machines The market is segmented into type, such as digital, flexographic, and offset (sheetfed and web). Further, the market is segmented into end uses such as publication, packaging, commercial, and others.

Regional Analysis Also, the global printing machines market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. This is owing to the region's increased demand for printing machines. Because of the region's expanding print markets and rising adoption of printed media, the Asia-Pacific region dominates the printing machine industry.

North America is expected to be the fastest developing area throughout the forecast period due to rising demand for printing machines among the region's middle-income population.

Market Key Players

Various key players are discussed in this report, such as Canon, Konica Minolta, Xeikon, Barry-Wehmiller Company, Windmoeller & Hoelscher Corporation, Gallus Ferd, KOMORI Corporation, BOBST, and Mark Andy Inc.

Market Taxonomy

By Type

• Digital
• Flexographic
• Offset
• SheetFed
• Web

• Publication
• Packaging
• Commercial
• Others

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa