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Recent penetration of digitalization across various fields is creating lucrative growth opportunities for the global print
equipment market. In a report, titled, “Print Equipment Market Size, Share and Global Trend By Type (Offset, Digital,
Flexo), By End Use (Packaging, Publication, Commercial) and Geography Forecast Till 2025”, Fortune Business Insights
highlights various factors propelling growth in the market.
Various sustainable developments achieved by manufacturing companies are enabling the print equipment market reach
new benchmarks. To cite an example, Nestlé Waters, based in North America, has reduced the size of their label by 35% for
their bottles. Such steps will positively affecting the print equipment market in the coming years. Various other companies
are investing considerably in packaging printing machinery. This is due to the rise in demand for innovations in label
printing, including recyclable packaging and lightweight labels.
The demand for reduced weight in product packaging and use of thinner and smaller labelling is increasing by the day. This
is likely to bode well for print equipment market. Furthermore, emphasis laid on recycling ability of the printing labels is
expected to contribute positively to the print equipment market. Various local authorities and governments are
emphasizing on promoting packaging materials with recycling ability in order to maintain clean environment worldwide.
Besides this, the shifting consumer preference towards environment friendly products will help the promotion of green
labels in the coming years.
Asia Pacific to Offer Lucrative Growth Opportunities Especially from End User Segments
Geographically, North America and Europe are the leading the global printing equipment market. However, stagnancy of
growth opportunities in these regions is impelling market players to shift focus on emerging countries. Furthermore, the
market is expected to gain from the rising demand from diverse industries. For instance, the textile industry is adopting
printing equipment for introducing innovative cloth designs such as visual graphics, washable print, and others, as per the
frequently changing fashion trends.
As per the report, the global print equipment market is prognosticated to be worth US$ 20.04 Bn by
the end of 2025 from US$ 19.74 Bn in 2017. Automation in printing and other advantages of print
equipment will enable the market to rise at a CAGR of 0.21%, during the forecast period of 2018 to
2025.
Speak To An Analyst
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/print-equipment-market-
100160 Fortune Business Insights Pvt Ltd.
Print Equipment Market Size, Share and Global Trend By Type (Offset, Digital, Flexo), By End
Use (Packaging, Publication, Commercial) and Geography Forecast Till 2025
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