PUBLISHER: SkyQuest | PRODUCT CODE: 1898674
PUBLISHER: SkyQuest | PRODUCT CODE: 1898674
Global Print Equipment Market size was valued at USD 21.11 Billion in 2024 and is poised to grow from USD 21.32 Billion in 2025 to USD 23.09 Billion by 2033, growing at a CAGR of 1% during the forecast period (2026-2033).
The global print equipment market is witnessing substantial growth fueled by the burgeoning packaging industry, driven by increased demand for advanced graphics and the rise of e-commerce. This sector is now integral to the revenue streams of publishers, who heavily rely on print for profitability during their shift towards digital platforms. The ongoing technological advancements, such as mobile and wireless printing solutions, are revolutionizing consumer experiences and inspiring innovation among younger users. However, challenges persist, particularly in securing raw materials for inks, leading to increased costs for manufacturers. Though the market faced setbacks recently, the resilience of print as a medium ensures continued investment and adaptation, positioning it favorably for future opportunities in a transforming landscape.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Print Equipment market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Print Equipment Market Segments Analysis
Global Print Equipment Market is segmented by product type, business type, substrate type, application, end use and region. Based on product type, the market is segmented into offset lithography, flexography, screen, gravure, letterpress, digital and others. Based on business type, the market is segmented into OEM and aftermarket. Based on substrate type, the market is segmented into plastic, paper & paperboard, metal and other substrates. Based on application, the market is segmented into packaging & labels, books, newspaper & magazines, commercial printing & others, security, transactional print, advertising and office stationaries. Based on end use, the market is segmented into commercial, publication and packaging. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Print Equipment Market
The rapid advancement of technology stands as a key catalyst for the expansion of the global print equipment market. The increasing demand for instant and on-the-go printing solutions has become a significant trend worldwide. Consumers benefit from the convenience of portable printers that offer wireless connectivity, allowing them to print effortlessly through smartphone applications. This innovative technology not only caters to the immediate needs of users but also encourages creativity among younger generations, fostering a more imaginative approach towards printing. As these advancements continue to evolve, they reshape how individuals interact with print equipment, driving the market's growth.
Restraints in the Global Print Equipment Market
The Global Print Equipment market faces significant challenges due to the increasing shift towards digitization. As consumers seek reliable journalism amidst a landscape rife with misinformation, digital readership and revenue have shown marked increases, highlighting a strong preference for digital formats like e-books and online news subscriptions. Publishers are now prioritizing audience engagement and digital subscription models as fundamental strategies for sustainable growth, which complicates the landscape for traditional publishing. Consequently, the reliance on digital platforms not only fosters competition but also restricts the expansion of the print equipment market, as more readers opt for digital content over physical print materials.
Market Trends of the Global Print Equipment Market
The global print equipment market is witnessing a significant shift towards sustainability, driven by the commitment of key players to develop eco-friendly products. To meet the rising consumer demand for environmentally responsible solutions, companies are innovating and introducing products designed for recyclability, such as advanced flexible packaging solutions. This trend extends to ink manufacturers, who are increasingly producing sustainable inks, such as soy-based formulations that offer vibrant colors while reducing environmental impact. As awareness of ecological issues grows, the adoption of sustainable practices across the print equipment sector is becoming a pivotal market trend, highlighting a collective effort towards a greener industry.