Print Equipment Market - Size, Share & Trends

Print Equipment Market Analysis

The Print Equipment Market size is estimated at USD 19.92 billion in 2024, and is expected to reach USD 20.86 billion by 2029, at a CAGR of 0.56% during the forecast period (2024-2029).

Businesses and facilities drive the printing equipment market, utilizing printing for diverse applications, including advertising, books, packaging, labels, and commercial printing. The penetration of advanced technologies, such as faster presses and innovative ink and toner solutions, is set to boost production capacity and enhance quality. Moreover, technological advancements in printing play a pivotal role in the growth of high-volume printing.
Through 3D printing, packaging companies can craft products that captivate customers with three-dimensional textures, embossed effects, and distinctive shapes, enriching the visual appeal of printed materials. The adoption of 3D printing broadens the spectrum, allowing printing on diverse materials like plastics and metals, thus unveiling creative avenues for the print equipment market.
Globally, businesses are gravitating toward industrial printers, drawn by their cost-effectiveness and efficiency in high-volume printing. A notable growth driver is the rising demand for high-quality printed packaging materials, pivotal for advertising and branding. The e-commerce sector's global appetite for packaging and labeling, especially with players like Amazon embracing innovative design tools, significantly propels the commercial printing market.
Moreover, industries like advertising and commercial printing are undergoing a transformation with the integration of digital printing. This shift empowers designers to produce customized products at an accelerated pace. Technological strides in AI, machine learning, IoT, and data analytics have markedly enhanced personalization. This digital printing evolution ensures superior print personalization, even for large-volume orders.
The surging demand for packaging printing applications is poised to drive market growth in the coming years. Additionally, the rising appetite for digital printing, the allure of flexible packaging, cost-effectiveness, and a push to reduce packaging waste are expected to drive the market.
Manufacturers grapple with the challenge of staying attuned to evolving trends and upgrading technologies to maintain a competitive edge. While minor upgrades might have a subdued impact, overhauling entire machines can pose significant challenges for businesses.

Print Equipment Market Trends

Flexographic Printing Expected to Witness Major Growth

Flexographic printing machines are primarily driven by the demand for high production speeds and efficient printing. Consequently, advancements in flexographic printing have opened up a vast market for inks. The rising trend of printing on packaging surfaces, particularly in the food and consumer goods industries, has spurred the growth of the flexographic segment.
Technologies like AI, machine learning, and data analytics are enhancing personalization. Notably, the number of Internet of Things (IoT) connections, which stood at 2.9 billion in 2022, is projected to surpass 6 billion by 2028. This technological convergence in flexographic printing is elevating print personalization, especially for large-volume orders.
Flexographic printing is versatile and capable of being executed on sustainable substrates like paper and cardboard. Utilizing flexible packaging materials, such as bio-based films and compostable substances, mitigates the environmental footprint of packaging. Market vendors are enhancing the productivity, cost-effectiveness, sustainability, and consistency of flexo printing, from design to print quality. In flexible printing technology, low-viscosity inks are crucial for ensuring a smooth ink flow through the printing unit.
Flexographic printing machinery boasts adaptability and is used across industries like packaging and labeling. This flexibility empowers print businesses to cater to diverse orders, broadening their market reach and maintaining a competitive edge.

Print Equipment Market : Forecasted Number of IoT (Internet of Things) Connections, in Billions, Global, 2022-2028

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Asia-Pacific Expected to Register Major Growth

Asia-Pacific is poised to dominate the market, with numerous firms channeling investments into the region, driven by robust end-user demand and abundant development opportunities in packaging printing.
In the Japanese market for print equipment, offset printing holds a dominant position, particularly for high-volume commercial tasks such as books, magazines, and newspapers. Japanese manufacturers' modern offset printing presses are celebrated for their precision, speed, and superior build quality. However, as demands evolve, digital technologies, such as inkjet printing, are swiftly gaining traction, which is evident in their rising prominence in textile applications.
India's market for print equipment is progressively embracing digital technologies, drawn by their cost-effectiveness, quicker turnaround, and enhanced customization over traditional methods. The surge in digital equipment usage, from inkjet to laser printers, is propelled by demands for shorter print runs, variable data printing, and on-demand services.
India's steady economic ascent and its burgeoning industries, such as retail, pharmaceuticals, packaging, and advertising, are driving the demand for print equipment. As these industries expand and diversify, there is an increasing need for high-quality printing solutions to bolster marketing, branding, packaging, and product identification efforts.

Print Equipment Market : Market CAGR (%), By Region, Global

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Print Equipment Industry Overview

The print equipment market is fragmented, and due to technological advancements, rivalry is increasing among local and global players. Key players include Mark Andy Inc., OMET Srl, Nilpeter Holding A/S, Gallus (Heidelberger Druckmaschinen AG), and MPS Systems BV.

As the demand for outdoor billboards, posters, adhesive wall and floor prints, and customized packaging surges, the need for commercial printers becomes increasingly vital. Consequently, manufacturers of both indoor and outdoor signage, along with packaging designers, are turning to high-quality commercial printers. This trend is poised to propel market growth.

There is a notable uptick in the demand for offset printing, particularly for legal forms, documents, catalogs, brochures, and calendars. This growing appetite for offset printing is, in turn, driving the demand for associated printing equipment.

Print Equipment Market Leaders

Mark Andy Inc.
OMET S.r.l.
Nilpeter Holding A/S
Gallus (Heidelberger Druckmaschinen AG)
MPS Systems B.V.

*Disclaimer: Major Players sorted in no particular order

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Print Equipment Market News

December 2023: ColdsetInnovation Fulda, a printing company, extended its service partnership with Koenig & Bauer for a further ten years, describing the step as confirmation of its long-term commitment to newspaper printing. The extension of the service contract beyond the initial expiry date in 2025 exemplified the company's forward-thinking mindset and solidified its position as a dependable partner in the newspaper printing industry.
October 2023: Koenig & Bauer Banknote Solutions showed its commitment to serving customers comprehensively in the banknote and high-security printing domain by entering a strategic partnership with BIRKAN GmbH. This collaboration aims to broaden the range of consumables offered and enhance the development of a distinctive printing ecosystem tailored to the specific requirements of high-security printers.
October 2023: Koenig & Bauer introduced its XD Pro CI Flexo press, representing high-performance printing technology. This press elevates performance reliability, process consistency, and efficiency to unprecedented productivity levels. The XD Pro is designed to meet the growing demand for short-run production in the flexible packaging market, delivering solutions while prioritizing sustainability.

Print Equipment Market Report - Table of Contents

1. INTRODUCTION
1. 1.1 Study Assumptions and Market Definition
2. 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
1. 4.1 Market Overview
2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis
3. 4.3 Industry Ecosystem Analysis
5. MARKET DYNAMICS
1. 5.1 Market Drivers
  1. 5.1.1 Growing Demand for Digital Printing Technology
  2. 5.1.2 Increasing Investment in the Packaging Printing Machinery
2. 5.2 Market Restraints
  1. 5.2.1 High Setup and Operational Cost Associated With Printing
3. 5.3 Key Innovations and Developments in the Printing Industry
4. 5.4 Industry Standards and Regulations Impacting the Global Equipment Market
5. 5.5 Insights on the Demand for Printing Consumables
6. 5.6 Innovations Driven By Sustainability and Role of Consumables (Such as Water-based and UV Inks)
7. 5.7 Future Market Trends and Key Growth Expectations
6. MARKET SEGMENTATION
1. 6.1 By Technology
  1. 6.1.1 Web Offset Lithographic
  2. 6.1.2 Flexographic
  3. 6.1.3 Gravure
  4. 6.1.4 Screen Printing
  5. 6.1.5 Digital
2. 6.2 By Application
  1. 6.2.1 Books
  2. 6.2.2 Commercial Print
  3. 6.2.3 Advertising Print
  4. 6.2.4 Security
  5. 6.2.5 Transactional Print
  6. 6.2.6 Packaging
  7. 6.2.7 Labels
  8. 6.2.8 Other Applications
3. 6.3 By Geography***
  1. 6.3.1 North America
    1. 6.3.1.1 United States
    2. 6.3.1.2 Canada
  2. 6.3.2 Europe
    1. 6.3.2.1 Germany
    2. 6.3.2.2 France
    3. 6.3.2.3 Italy
    4. 6.3.2.4 United Kingdom
    5. 6.3.2.5 Netherlands
  3. 6.3.3 Asia-Pacific
    1. 6.3.3.1 Japan
    2. 6.3.3.2 India
    3. 6.3.3.3 China
  4. 6.3.4 Australia and New Zealand
  5. 6.3.5 Latin America
  6. 6.3.6 Middle East and Africa
7. COMPETITIVE LANDSCAPE
1. 7.1 Company Profiles
  1. 7.1.1 Mark Andy Inc.
  2. 7.1.2 OMET S.R.L.
  3. 7.1.3 Nilpeter A/S
  4. 7.1.4 Gallus (Heidelberger Druckmaschinen AG)
  5. 7.1.5 MPS Systems B.V.
  6. 7.1.6 Lombardiconverting Machinery S.p.A.
  7. 7.1.7 Uteco Converting SpA
  8. 7.1.8 Dg Press Services BV
  9. 7.1.9 Fujifilm Holdings Corporation
  10. 7.1.10 Bobst Group SA
  11. 7.1.11 Heidelberger Druckmaschinen AG
  12. 7.1.12 Koenig & Bauer AG
  13. 7.1.13 Konica Minolta Inc.
  14. 7.1.14 HP Inc.
  15. 7.1.15 Paper Converting Machine Company (PCMC)
  16. 7.1.16 Electronics for Imaging, Inc.
  17. 7.1.17 Canon Inc.
  18. 7.1.18 Seiko Epson Corporation
  19. 7.1.19 Edale Limited
  20. 7.1.20 Brothers Industries Ltd
  21. 7.1.21 Agfa-Gevaert Group
  22. 7.1.22 Ricoh Company Ltd
  23. 7.1.23 Manroland AG (langley)
  24. 7.1.24 AB Graphic International Limited
  25. 7.1.25 Durst Image Technology U.S. LLC
2. *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET

**Subject to Availability

***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific'. The geography segment of the final report will also include Rest of Europe and Rest of Asia Pacific.

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Print Equipment Industry Segmentation

Printing equipment includes offset presses, gravure presses, silk-screen equipment, large format inkjet printers, digital printing/copying equipment, letterpress equipment, office copiers, and bindery equipment.

The print equipment market is segmented by technology (web offset lithographic, flexographic, gravure, screen printing, and digital printing), application (books, commercial print, advertising print, security, transactional print, packaging, and labels), and geography (North America (United States and Canada), Europe (Germany, France, Italy, United Kingdom, Netherlands, and Rest of Europe), Asia-Pacific (Japan, India, China, and Rest of Asia-Pacific), Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

By Technology
		Web Offset Lithographic
		Flexographic
		Gravure
		Screen Printing
		Digital

By Application
		Books
		Commercial Print
		Advertising Print
		Security
		Transactional Print
		Packaging
		Labels
		Other Applications

By Geography***

North America
	United States
	Canada

Europe
	Germany
	France
	Italy
	United Kingdom
	Netherlands

Asia-Pacific
	Japan
	India
	China

Australia and New Zealand

Latin America

Middle East and Africa

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Print Equipment Market Research FAQs

How big is the Print Equipment Market?

The Print Equipment Market size is expected to reach USD 19.92 billion in 2024 and grow at a CAGR of 0.56% to reach USD 20.86 billion by 2029.

What is the current Print Equipment Market size?

In 2024, the Print Equipment Market size is expected to reach USD 19.92 billion.

Who are the key players in Print Equipment Market?

Mark Andy Inc., OMET S.r.l., Nilpeter Holding A/S, Gallus (Heidelberger Druckmaschinen AG) and MPS Systems B.V. are the major companies operating in the Print Equipment Market.

Which is the fastest growing region in Print Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Print Equipment Market?

In 2024, the Asia Pacific accounts for the largest market share in Print Equipment Market.

What years does this Print Equipment Market cover, and what was the market size in 2023?

In 2023, the Print Equipment Market size was estimated at USD 19.81 billion. The report covers the Print Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Print Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Print Equipment Industry Report

The global printing equipment market is categorized by types such as digital, offset, and flexo, with applications spanning packaging, publication, and other commercial uses. The market is segmented geographically into North America, Asia-Pacific, Europe, the Middle East and Africa, and South America. The market analysis provides insights into market trends and market growth, offering a comprehensive market overview and market outlook. The market forecast includes an industry overview and industry outlook, detailing market predictions and market segmentation.

Industry analysis and industry research highlight the market leaders and their market share, while industry statistics and industry size give a clear picture of the market value. The report example and report PDF provide an in-depth market review and market data, supported by industry reports and industry information.

The industry trends and market growth rate are crucial for understanding the market dynamics. The industry sales and market value are also discussed, providing a complete market analysis. Research companies contribute to the industry research, ensuring the accuracy of the market forecast.

This comprehensive report includes a sample of this industry analysis as a free report PDF download, offering valuable insights into the market segmentation and market predictions. The industry outlook and market data are essential for stakeholders to make informed decisions.

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Study Period	2019 - 2029
Market Size (2024)	USD 19.92 Billion
Market Size (2029)	USD 20.86 Billion
CAGR (2024 - 2029)	0.56 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order

Study Period:
CAGR:
Countries/ Region Covered:
Major Players:

Print Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)