Tuesday, June 4, 2013

Printing Equipment Market Growing

The total global market for new printing equipment was $21.5 billion in 2012 and will reach $22.7 billion by 2017 according to our new research study.
This modest growth, averaging 1.6% annually over five years, comes after a period of sharp decline as the recession and uncertainty took hold from the 2007 high of $25.3 billion. 
We estimate that there are about 1.1 million digital and analogue presses installed and operating across the world’s print suppliers in 2012, with the total number increasing by 120,000 during 2007–17. This is primarily due to increased sales of digital presses as the analogue press installed base remains roughly constant.