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Future Market Insights’ exclusive study on the global printing machines market delivers a forecast on how the demand for printing machines will shape up in the years to come. According to the research study, the global market for printing machines will be worth over US$ 25 Bn by the end of the forecast period, 2017-2026. During this period, the market is poised to expand at a moderate CAGR of 4.1% as a range of factors are likely to restrain the production and sales of printing machines.
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One of the key restraints for the global printing machines market is the stringent environmental laws. Manufacturers of printing machines are compelled to modify their production techniques and create machines that can optimize the use of printing inks. Since these inks contain VOCs, strict environmental laws are curbing the commercialization of machines that aren’t able to optimize the use of printing inks. In addition, the report also projects that increasing penetration of electronic devices will lower the need for printing, and ultimately limit the demand for printing machines in the near future.
Printed hoardings on streets will be replaced by digital signage, and consumers will gradually shift to print-free media. Leading manufacturers of printing machines, which are the key stakeholders in the global printing machines market, will face the brunt of the changing dynamics as such. The study reveals that companies namely, Agfa-Gevaert Group, Océ Imagistics, Inc., Bobst Group SA, Fujifilm Holdings Corporation, Heidelberger Druckmaschinen AG, Hewlett Packard Enterprise Company, Koenig & Bauer AG, Komori Corporation, Apex Machine Company Inc., and Cerutti Group will remain active in the expansion of the global printing machines market through 2026.
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