Global Industry Analysts Predicts the World Printing Machinery and Supplies Market to Reach $19.2 Billion by 2026
SAN FRANCISCO, Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Printing Machinery and Supplies - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 2248
Companies: 211 - Players covered include Advanced Vision Technology Ltd.; Agfa Graphics; Bobst; Dover Corp.; Eastman Kodak Company; Goss International Americas, LLC; Heidelberger Druckmaschinen AG; Hewlett-Packard Development Company, L.P.; Koenig & Bauer AG; Komori Corp.; Manroland Sheetfed GmbH; manroland web systems GmbH; Markem-Imaje SAS; RYOBI MHI Graphic Technology Ltd.; SCREEN Graphic Solutions Co., Ltd.; WIFAG-Polytype Holding AG; Xerox Corp. and Others.
Coverage: All major geographies and key segments
Segments: Product Segment (Printing Presses, Post-Press Machinery & Equipment, Pre-Press Systems, Other Product Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Printing Machinery and Supplies Market to Reach $19.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Printing Machinery and Supplies estimated at US$16.2 Billion in the year 2020, is projected to reach a revised size of US$19.2 Billion by 2026, growing at a CAGR of 2.8% over the analysis period. Printing Presses, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$10.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Post-Press Machinery & Equipment segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.9 Billion in 2021, While China is Forecast to Reach $3.4 Billion by 2026
The Printing Machinery and Supplies market in the U.S. is estimated at US$4.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2026 trailing a CAGR of 2.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Pre-Press Systems Segment to Reach US$2.7 Billion by the year 2026
In the global Pre-Press Systems segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$2.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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