Global Print Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Types;
Digital, Offset, Flexo and Other Types.By Application;
Packaging, Publication, Commercial and Other Applications.By End User;
Flexographic, Gravure, and Screen Printing.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Print Equipment Market (USD Million), 2021 - 2031
In the year 2024, the Global Print Equipment Market was valued at USD 20,166.90 million. The size of this market is expected to increase to USD 20,738.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 0.4%.
The global print equipment market encompasses a diverse array of technologies and products essential for various printing processes across industries. This market is driven by continuous technological advancements, increasing demand for digital printing solutions, and the growing significance of packaging in sectors like retail and food & beverage.
Firstly, digital printing technologies have revolutionized the print equipment market by offering faster turnaround times, customization capabilities, and cost-effective solutions compared to traditional printing methods. This shift towards digital has been particularly prominent in commercial printing, where businesses increasingly seek to personalize their marketing materials and optimize production efficiencies.
Secondly, the packaging industry plays a crucial role in driving the demand for print equipment. With rising consumer expectations for visually appealing and informative packaging, manufacturers are adopting advanced printing technologies to enhance product presentation and brand identity. Flexographic and gravure printing equipment, known for their efficiency in large-scale production, are widely used in packaging applications across various sectors.
Moreover, the market for print equipment is influenced by the ongoing trend towards sustainability. Manufacturers are developing eco-friendly printing solutions that reduce waste and minimize environmental impact. Water-based inks, energy-efficient printing equipment, and recyclable materials are gaining traction as companies strive to meet regulatory standards and consumer preferences for sustainable practices.
The print equipment market is witnessing significant growth in emerging economies, driven by industrialization, urbanization, and increasing disposable incomes. These regions are investing in modernizing their printing infrastructure to support growing industries such as textiles, automotive, and healthcare, thereby expanding the market opportunities for print equipment manufacturers globally.
Global Print Equipment Market Recent Developments
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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.
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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.
Segment Analysis
The global print equipment market encompasses a wide range of technologies and products crucial to various industries, including commercial printing, packaging, textiles, and more. In recent years, this market has seen significant evolution driven by technological advancements and changing consumer demands.
One of the key trends in the global print equipment market is the shift towards digital printing technologies. Digital printers offer advantages such as shorter turnaround times, cost-effectiveness for short print runs, and the ability to customize prints, which are highly valued in industries like advertising and packaging. This shift has spurred investments in digital printing equipment across the globe, driving market growth.
Another influential factor is the increasing adoption of eco-friendly printing practices. As environmental awareness grows among consumers and businesses alike, there is a rising demand for print equipment that reduces waste and uses sustainable materials. Manufacturers are responding by developing eco-friendly printing solutions, which are gaining traction in the market.
The market for print equipment is also shaped by the integration of automation and artificial intelligence (AI) technologies. These advancements enable enhanced precision, productivity, and operational efficiency in printing processes. AI-powered software can optimize workflows, predict maintenance needs, and improve print quality, thus driving demand for advanced print equipment globally.
The global print equipment market is witnessing significant growth, driven by advancements in printing technologies and increasing demand from various industries. Among the key segments, flexographic printing equipment holds a substantial share due to its widespread use in packaging applications. The segment benefits from the growing need for cost-effective, high-speed printing solutions for flexible packaging, labels, and cartons. Innovations in water-based and UV-curable inks have further enhanced the appeal of flexographic printing by improving print quality and reducing environmental impact. As the packaging industry continues to expand, particularly in the food and beverage and pharmaceutical sectors, demand for flexographic printing equipment is expected to remain strong.Gravure printing equipment represents another crucial segment, primarily utilized for high-volume printing applications that require superior image quality and consistency. This segment finds extensive use in publishing, decorative printing, and flexible packaging, particularly for premium and long-run printing jobs. Although the initial setup cost for gravure printing is relatively high, its ability to deliver precise and detailed prints makes it a preferred choice for large-scale production. However, environmental concerns associated with solvent-based inks and the high cost of cylinders may pose challenges to the segment’s growth. The development of sustainable alternatives, including digital advancements and improved ink formulations, could influence the future demand for gravure printing equipment.Screen printing equipment continues to maintain a steady presence in the market, particularly in textile printing, signage, and specialty applications such as electronics and ceramics. This segment is favored for its versatility, as it can print on a wide range of materials, including fabric, glass, and metal. The rise of customized apparel, promotional materials, and industrial applications has fueled the demand for screen printing technology. However, competition from digital printing solutions, which offer faster turnaround times and reduced material waste, has led to a shift in market dynamics. Nevertheless, screen printing remains relevant in sectors where durability and vibrant color reproduction are critical, ensuring its continued presence in the global print equipment market.
Regional dynamics play a crucial role in the market's evolution. Emerging economies in Asia-Pacific and Latin America are witnessing rapid industrialization and urbanization, which is boosting the demand for print equipment across various sectors. Conversely, mature markets in North America and Europe are focusing on upgrading existing infrastructure with advanced printing technologies to maintain competitiveness.
Global Print Equipment Segment Analysis
In this report, the Global Print Equipment Market has been segmented by Types, Application, End User, and Geography.
Global Print Equipment Market, Segmentation by Types
The Global Print Equipment Market has been segmented by Types into Digital, Offset, Flexo and Other Types.
Digital Printing has emerged as a leading segment due to its versatility and ability to produce high-quality prints with minimal setup time. This technology is favored for short print runs, variable data printing, and customization capabilities, making it ideal for on-demand and personalized printing solutions.
Offset Printing, while traditional, remains significant in the market due to its cost-effectiveness for large volume printing. It excels in producing consistent, high-quality prints on a variety of substrates, making it suitable for a wide range of applications from newspapers to packaging materials.
Flexographic Printing, often used for packaging and labeling, utilizes flexible relief plates and fast-drying inks. It is known for its ability to print on a wide range of substrates including plastics, metals, and paper, making it indispensable in industries requiring durable and efficient printing solutions.
Other Types encompass various specialized printing technologies such as screen printing, gravure printing, and letterpress, each serving specific niche markets with unique requirements for materials, volume, and print quality.
Global Print Equipment Market, Segmentation by Application
The Global Print Equipment Market has been segmented by Application into Packaging, Publication, Commercial and Other Applications.
The global print equipment market encompasses a wide range of technologies and applications essential to various industries worldwide. It has been segmented primarily based on application into packaging, publication, commercial, and other applications. Each segment serves distinct purposes and has specific technological requirements to cater to diverse market needs.
Packaging is a significant segment within the print equipment market, driven by the demand for attractive and informative packaging solutions across various consumer goods industries. This includes food and beverage, pharmaceuticals, cosmetics, and more. The need for high-quality printing to enhance product visibility, branding, and regulatory compliance drives continuous innovation in printing equipment and technologies.
Publication remains another crucial application area, encompassing books, newspapers, magazines, and other printed materials. Despite the digital shift in reading habits, print remains a preferred medium for certain types of publications due to its tangibility and reader engagement benefits. The publication segment requires versatile printing equipment capable of handling large volumes with efficiency and cost-effectiveness.
Commercial printing spans a broad spectrum of printed materials used in marketing, advertising, corporate communications, and promotional materials. This includes brochures, flyers, posters, and business cards, among others. The commercial print segment demands flexibility, speed, and high-quality output to meet varying customer demands and deadlines effectively.
Beyond these core segments, the print equipment market serves other applications such as textiles, automotive, and electronics, where specialized printing techniques are employed for specific purposes like textile printing, automotive decors, or electronic component labeling.
Global Print Equipment Market, Segmentation by End User
The Global Print Equipment Market has been segmented by End User into Flexographic, Gravure, and Screen Printing.
The global print equipment market is witnessing significant growth, driven by advancements in printing technologies and increasing demand from various industries. Among the key segments, flexographic printing equipment holds a substantial share due to its widespread use in packaging applications. The segment benefits from the growing need for cost-effective, high-speed printing solutions for flexible packaging, labels, and cartons. Innovations in water-based and UV-curable inks have further enhanced the appeal of flexographic printing by improving print quality and reducing environmental impact. As the packaging industry continues to expand, particularly in the food and beverage and pharmaceutical sectors, demand for flexographic printing equipment is expected to remain strong.
Gravure printing equipment represents another crucial segment, primarily utilized for high-volume printing applications that require superior image quality and consistency. This segment finds extensive use in publishing, decorative printing, and flexible packaging, particularly for premium and long-run printing jobs. Although the initial setup cost for gravure printing is relatively high, its ability to deliver precise and detailed prints makes it a preferred choice for large-scale production. However, environmental concerns associated with solvent-based inks and the high cost of cylinders may pose challenges to the segment’s growth. The development of sustainable alternatives, including digital advancements and improved ink formulations, could influence the future demand for gravure printing equipment.
Screen printing equipment continues to maintain a steady presence in the market, particularly in textile printing, signage, and specialty applications such as electronics and ceramics. This segment is favored for its versatility, as it can print on a wide range of materials, including fabric, glass, and metal. The rise of customized apparel, promotional materials, and industrial applications has fueled the demand for screen printing technology. However, competition from digital printing solutions, which offer faster turnaround times and reduced material waste, has led to a shift in market dynamics. Nevertheless, screen printing remains relevant in sectors where durability and vibrant color reproduction are critical, ensuring its continued presence in the global print equipment market.
Global Print Equipment Market, Segmentation by Geography
In this report, the Global Print Equipment Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Print Equipment Market Share (%), by Geographical Region, 2024
North America holds a significant share in the global print equipment market, characterized by a strong presence of leading manufacturers and technological innovators. The region's emphasis on advanced printing solutions, coupled with robust infrastructure and high adoption rates of digital printing technologies, contributes to its dominant position.
In Europe, the print equipment market is shaped by stringent regulatory frameworks, environmental sustainability concerns, and a burgeoning demand for customized printing solutions. Countries like Germany and the UK lead in technological innovation and market penetration, driven by a mature industrial base and a strong focus on quality.
The Asia Pacific region emerges as a key growth engine, propelled by rapid industrialization, expanding packaging and labeling sectors, and increasing investments in advertising and promotional activities. Countries such as China, Japan, and India are pivotal, offering substantial growth opportunities due to their large consumer base and expanding manufacturing capabilities.
In the Middle East and Africa, the print equipment market is witnessing steady growth driven by infrastructure development, rising consumer disposable incomes, and a burgeoning retail sector. The region's demand is predominantly fueled by investments in commercial printing and packaging industries.
Latin America completes the global landscape with its diverse market dynamics, influenced by economic fluctuations, digital transformation trends, and evolving consumer preferences. Brazil and Mexico lead in market size, supported by growing urbanization and increasing investments in print technology upgrades.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Print Equipment Market. These factors include; Market Drivers, Restraints and Opportunities
Drivers, Restraints and Opportunities
Drivers
- Digital transformation
- Demand for customization
- Growth in packaging industry
- Sustainability initiatives
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Technological advancements: The global print equipment market has seen significant technological advancements in recent years, driven by innovations in digital printing technologies and automation. These advancements have revolutionized the printing industry by enhancing productivity, reducing costs, and improving print quality. Digital printing, in particular, has gained prominence due to its ability to handle shorter print runs efficiently, offer variable data printing capabilities, and deliver high-quality outputs comparable to traditional offset printing.
The integration of automation and artificial intelligence (AI) into print equipment has streamlined workflows and increased operational efficiency across various printing processes. Automation technologies such as robotic arms for material handling, automated ink mixing systems, and AI-driven predictive maintenance have minimized human intervention, reduced errors, and optimized production schedules. These advancements not only cater to the growing demand for faster turnaround times and personalized printing solutions but also contribute to sustainable practices through reduced waste and energy consumption in the print industry.
Restraints
- High initial investment costs
- Competition from digital media
- Economic downturns
- Environmental regulations
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Print volume decline: The global print equipment market has been experiencing a significant decline in print volume over recent years. Several factors contribute to this trend, including the increasing digitization of information and the growing preference for digital media over traditional print. As businesses and individuals increasingly adopt digital solutions for communication and documentation, the demand for print equipment such as printers, copiers, and scanners has diminished. The shift towards cloud computing and electronic document management systems has further accelerated the decline, reducing the need for physical printouts and hard copies. Additionally, environmental concerns and the push for sustainability have prompted many organizations to reduce their reliance on paper, opting instead for digital alternatives.
Pandemic has exacerbated the decline in print volume. Remote work and online education became the norm during the pandemic, further reducing the need for printed materials. Virtual meetings, digital collaboration tools, and e-learning platforms have replaced traditional printed documents and educational resources, leading to a decrease in the use of print equipment. This trend is expected to continue as remote and hybrid work models persist, and digital solutions become more entrenched in everyday business operations and personal activities. As a result, the print equipment market faces ongoing challenges, necessitating innovation and adaptation to meet the changing needs of a digitally-oriented world.
Opportunities
- 3D printing expansion
- E-commerce packaging needs
- Personalized printing solutions
- Emerging markets growth
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IoT integration: The integration of the Internet of Things (IoT) in the global print equipment market is revolutionizing the industry by enhancing operational efficiency and offering innovative solutions. IoT-enabled print devices can communicate in real-time, providing predictive maintenance alerts, reducing downtime, and optimizing the supply chain. These smart printers can monitor their own usage patterns and automatically reorder supplies like ink and paper, ensuring continuous operation without manual intervention. Additionally, IoT integration facilitates remote management and troubleshooting, allowing technical support teams to diagnose and fix issues without needing to be on-site, thus saving time and costs.
This technological advancement is also driving new business models, such as managed print services (MPS), where providers offer comprehensive printing solutions that include hardware, software, and services. The data collected from IoT-enabled devices helps in analyzing usage trends and improving service offerings, leading to better customer satisfaction. Moreover, the integration of IoT in print equipment aligns with the broader trend of digital transformation, enabling businesses to seamlessly connect their print infrastructure with other enterprise systems. This interconnected ecosystem enhances productivity and provides valuable insights through advanced analytics, ultimately contributing to the growth and competitiveness of the global print equipment market.
Competitive Landscape Analysis
Key players in Global Print Equipment Market include:
- Mark Andy Inc.
- BOBST
- KOMORI Corporation
- Windmoller & Holscher
- Barry-Wehmiller
- Landa Corporation
- SPG Prints
- Rotatek Printing Machinery
- Comexi Group
- Heidelberger Druckmaschinen AG
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Types
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Print Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Digital transformation
- Demand for customization
- Growth in packaging industry
- Sustainability initiatives
- Technological advancements
- Restraints
- High initial investment costs
- Competition from digital media
- Economic downturns
- Environmental regulations
- Print volume decline
- Opportunities
- 3D printing expansion
- E-commerce packaging needs
- Personalized printing solutions
- Emerging markets growth
- IoT integration
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Print Equipment Market, By Types, 2021 - 2031(USD Million)
- Digital
- Offset
- Flexo
- Other Types
- Global Print Equipment Market, By Application, 2021 - 2031(USD Million)
- Packaging
- Publication
- Commercial
- Other Applications
- Global Print Equipment Market, By End User, 2021 - 2031(USD Million)
- Flexographic
- Gravure
- Screen Printing.
- Global Print Equipment Market, By Geography, 2021 - 2031(USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Print Equipment Market, By Types, 2021 - 2031(USD Million)
- Competitive Landscape
- Company Profiles
- Mark Andy Inc
- BOBST
- KOMORI Corporation
- Windmoller & Holscher
- Barry-Wehmiller
- Landa Corporation
- SPG Prints
- Rotatek Printing Machinery
- Comexi Group
- Heidelberger Druckmaschinen AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market