Printing Machinery & Supplies: A Global Strategic Business Report
San Jose, CA (Vocus) October 27, 2010
Printing machinery industry is characterized by a broad structure with variable market drivers, degree of competition and diversity of customers. Growth and margin potential vary across individual printing machinery categories. In the last few years, the usage of digital computer-to-plate technology outpaced conventional analog technology, in terms of volume. The trend is likely to continue as mid-sized and small printers also move towards digital prepress processes. Higher demand for printed products and increased capacity utilization of print shops would lead to greater investment propensity in print media industry.
Print media still dominates the advertising market, despite the increasing Internet, TV, radio and other forms of communication. Packaging which includes, printing on corrugated & solid board packaging, flexible packaging, cartons, labels constitutes the largest end-use segment for the global print market. Packaging apart, magazines, newspapers, catalogs, books, brochures and pamphlets, direct mail, inserts, business forms, and financial and legal printing represent other major end-use segments. During the past decade, digital printing was successful in grabbing a majority share from conventional sheet fed printing. The trend seemed to continue even during recession with only marginal declines in sales reported. The current wave of consolidation in the industry is likely to continue in the near future, driven by mounting costs, shrinking margins and pressure on prices.
The years 2008-2009 proved to be one of the most difficult in the global printing industry, affecting both print service providers and the suppliers of printing machinery. Sales of printing machinery plunged by 7%-8% during the period with several companies implementing survival plans to survive in the worst recession the printing industry ever witnessed. The notion that demand for print would run parallel with the growth in GDP was falling apart as almost all end-use segments of print had alternative options of communicating information which they earlier did using print. Online printing and other digital format gained ground rapidly, deepening the crisis in the printing machinery & supplies industry. Majority of the companies involved in manufacturing printing machinery went out of business. Several smaller companies looked towards either partnering with others, or being acquired by larger firms in the industry. The market for sheet fed presses, commercial web presses and newspapers touched new lows with major revenue declines. Flexo presses and gravure presses also registered reduced sales. In the year 2009, demand for inkjet prints from one of the major end-use segment, the advertising industry, decreased significantly. Advertising and promotional campaigns that made use of wide format prints were cut down by businesses globally, leading to a demand decline for inkjet printers.
Nevertheless, with significant improvement in the general economic activity, there was a perceptible upturn in the global printing sector in the first half of 2010. Demand for sheet fed presses and web fed presses picked up pace gradually and are expected to regain lost ground.
Europe constitutes the largest regional market for Printing Machinery & Supplies, as stated by the new market research report on Printing Machinery & Supplies. The US and Asia-Pacific are the other principal markets. Asia-Pacific is projected to grow at the overall fastest compounded rate through 2015, spurred by rapid expansion in markets such as Australia, China, India, Mauritius, Singapore and Thailand. Product-wise, Printing Presses represents the largest product category. The segment is supported by sustained demand from Offset Printing Presses and Flexoprinting Presses categories. The Sheetfed Presses category is projected to sail ahead at the fastest CAGR for the assessment period 2007-2015.
Key market participants in the report include Agfa Graphics, Bobst Group S.A., Dover Corp., Markem-Imaje, Goss International Corp., Graphics Microsystems, Inc., Heidelberger Druckmaschinen AG, Hewlett-Packard Development Company, LP, Illinois Tool Works, Inc., Kodak’s Graphics Communication Group, Koenig & Bauer AG, Komori Corp., Manroland AG, Media and Precision Technology Company, Müller Martini Printing Press GmbH, Oce N.V., Ryobi Limited, WIFAG, and Xerox Corporation.
The research report titled “Printing Machinery & Supplies: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry outlook, overview, prepress systems, printing presses, technological developments, product innovations, recent industry activity, and profiles of market players worldwide. Analysis and overview is presented for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Market analytics are provided in terms of dollars (value) for product segments including Pre-Press Systems, Printing Presses (Offset Printing Presses [Sheetfed Presses and Webfed Presses], Flexoprinting Presses and Other Presses), Post-Press Machinery & Equipment and Other Printing Related Equipment. The report also provides analytics for the Digital Printing Machinery market. The study presents historic data for an insight into market evolution over the period 2000 through 2006.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Web Site http://www.StrategyR.com/
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