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2008-2009 is one of the difficult times for the global printing industry, and both printers and printing machinery suppliers have been greatly affected. During this period, sales of printing equipment fell by 7% to 8%, and many companies have taken certain measures to survive the severe economic downturn in the printing industry.
However, with the significant improvement in the overall economic situation, the global printing industry in the first half of 2010 has also improved significantly. The demand for sheetfed and web presses is gradually increasing the overall packaging and is expected to gradually return to its original level.
The new market research report for the printing industry pointed out that Europe is a large regional market for printing machinery, and the United States and the Asia-Pacific region are tied for second place. The Asia Pacific market is expected to grow rapidly in 2015, and markets such as Australia, China, India, Mauritius, Singapore and Thailand will expand rapidly.
Global printing and market supply reached 22 billion US dollars in 2015
The characteristics of the printing machinery industry are determined by structures with different market drivers, competitiveness and customer diversification. The growth rate and profit margin of the industry vary depending on the type of press. In recent years, the use of computer-to-plate technology has grown faster than traditional analog technology.