World Printing Machinery Market to Reach $19.2 Billion by 2026: Global Industry Analysts

27 September 2021: A new market study published by Global Industry Analysts Inc., (GIA) released its report titled “Printing Machinery and Supplies – Global Market Trajectory & Analytics”.

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 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.

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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