The printing machinery and equipment market consists of sales of printing machinery and equipment by entities (organizations, sole traders or partnerships) that produce printing and bookbinding machinery and equipment, such as printing presses, typesetting machinery, and bindery machinery. The printing machinery and equipment market is segmented into typesetting machinery; offset printing machinery; flexographic printing machinery; gravure printing machinery; printing trades binding machinery and equipment; and other printing machinery and equipment.
The global printing machinery and equipment market is expected to grow from $42.04 billion in 2020 to $43.83 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $56.16 billion in 2025 at a CAGR of 6%.