What is Global Offset Printing Press Market?
The Global Offset Printing Press Market is a vast and dynamic sector that encompasses a wide range of printing technologies and applications. Offset printing, in particular, is a commonly used printing technique where the inked image is transferred from a plate to a rubber blanket, then to the printing surface. This market is global in nature, meaning it spans across various countries and regions, catering to a multitude of industries and sectors. The market's value was estimated at US$ 2589 million in 2023 and is projected to reach US$ 2939.6 million by 2030, growing at a CAGR of 1.8% during the forecast period 2024-2030. This growth is driven by the increasing demand for high-quality print products, advancements in printing technology, and the growing need for cost-effective printing solutions.
Sheet-Fed Offset Printing Press, Web-Fed Offset Printing Press in the Global Offset Printing Press Market:
The Global Offset Printing Press Market is segmented into two main types: Sheet-Fed Offset Printing Press and Web-Fed Offset Printing Press. Sheet-Fed Offset Printing Press is the most dominant segment, accounting for about 73% of the total market. This type of press is ideal for short-run, high-quality print jobs and is widely used in commercial printing, packaging, and label printing. On the other hand, Web-Fed Offset Printing Press is used for high-volume, long-run print jobs. It is commonly used in newspaper printing, catalogue printing, and other large-scale printing applications. Both these types of presses have their own unique advantages and are chosen based on the specific requirements of the print job.
Packaging Market, Commercial Market, Label Market in the Global Offset Printing Press Market:
The Global Offset Printing Press Market finds extensive usage in various areas such as the Packaging Market, Commercial Market, and Label Market. In the Packaging Market, offset printing is used to print high-quality graphics on various types of packaging materials. This helps in enhancing the visual appeal of the product and aids in effective branding. In the Commercial Market, offset printing is used for printing brochures, flyers, business cards, and other promotional materials. It provides high-quality prints at a relatively low cost, making it a preferred choice for commercial printing. In the Label Market, offset printing is used to print labels for various products. These labels carry important information about the product and help in branding.
Global Offset Printing Press Market Outlook:
Looking at the market outlook, the Global Offset Printing Press Market is poised for steady growth in the coming years. In 2023, the market was valued at US$ 2589 million and is expected to reach US$ 2939.6 million by 2030, growing at a CAGR of 1.8% during the forecast period 2024-2030. The market is dominated by the top three players who collectively account for approximately 72% of the total market. Europe is the largest market for Offset Printing Press, accounting for about 47% of the total market, followed by Japan and the USA. The largest segment in terms of type is the Sheet-Fed Offset Printing Press, which holds a share of about 73%.
| Report Metric | Details |
| Report Name | Offset Printing Press Market |
| Accounted market size in 2023 | US$ 2589 million |
| Forecasted market size in 2030 | US$ 2939.6 million |
| CAGR | 1.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Heidelberger, Komori, Koenig & Bauer, Manroland, RMGT, Shanghai Mechanical & Electrical, Beiren Printing, Prakash Offset, Sakurai, Xinxiang Xinovo, Ronald Web Offset, Qingdao SOLNA, Jingdezhen Zhongjing, Rugao Changsheng, Weihai Printing, Weifang Huatian |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
