At 12.1% CAGR, the Europe Printing Machinery and Equipment Market is projected to be worth US$ 39,113.55 million by 2030, says The Business Market Insights

According to the Business Market Insights’ research, the Europe printing machinery and equipment market was valued at US$ 17,531.08 million in 2023 and is expected to reach US$ 39,113.55 million by 2030, registering a CAGR of 12.1% from 2023 to 2030. Growing packaging industry and rising mass media industry are the critical factors attributed to the Europe printing machinery and equipment market expansion.    

The growing mass media industry significantly impacts the growth of the printing machinery and equipment market. Despite the rise of digital media, print media publications such as newspapers, magazines, and books continue to play a vital role in the mass media industry. The printing machinery and equipment market benefits from the continuous demand for high-quality printed materials. Publishers require printing machines to produce newspapers, magazines, and books in large quantities to meet mass readership needs. Thus, such projects are generating the need for higher print quality, production speed, and press automation for meeting the demand and supply for newspapers and other publications.

On the contrary, transformation of marketing and advertising activities hurdles the growth of Europe printing machinery and equipment market.

Based on operation type, the Europe printing machinery and equipment market is segmented into manual and automatic. The automatic segment held 63.3% share of Europe printing machinery and equipment market in 2023, amassing US$ 11,092.65 million. It is projected to garner US$ 25,313.66 million by 2030 to expand at 12.5% CAGR during 2023–2030.

Based on product type, the Europe printing machinery and equipment market is segmented into offset lithography, flexography, screen, digital, and others. The digital segment held 31.9% share of Europe printing machinery and equipment market in 2023, amassing US$ 5,584.05 million. It is projected to garner US$ 12,682.84 million by 2030 to expand at 12.4% CAGR during 2023–2030.

Based on substrate type, the Europe printing machinery and equipment market is segmented into plastic, paper and paperboard, metal, and others. The paper and paperboard segment held 32.8% share of Europe printing machinery and equipment market in 2023, amassing US$ 5,742.67 million. It is projected to garner US$ 13,087.96 million by 2030 to expand at 12.5% CAGR during 2023–2030.

Based on end use, the Europe printing machinery and equipment market is segmented into commercial, publication and others. The publication segment held 39.8% share of Europe printing machinery and equipment market in 2023, amassing US$ 6,977.00 million. It is projected to garner US$ 14,849.33 million by 2030 to expand at 11.4% CAGR during 2023–2030

Based on country, the Europe printing machinery and equipment market has been categorized into the Germany, France, Italy, the UK, Russia, Sweden, Belgium, Netherland, Switzerland, and the Rest of Europe.  Our regional analysis states that Germany captured 23.3% share of Europe printing machinery and equipment market in 2023. It was assessed at US$ 4,083.96 million in 2023 and is likely to hit US$ 9,387.25 million by 2030, exhibiting a CAGR of 12.6% during the forecast period. 

Key players operating in the Europe printing machinery and equipment market are 3D Systems Corp, Canon Inc, Honeywell International Inc, HP Inc, Komori Corp, Manroland Goss Web Systems GmbH, Presstek LLC, Toshiba Corp, Xerox Holdings Corp, and Zebra Technologies Corp., among others. 

• In Feb 2022, Xerox Elem Additive Solutions and Vertex Manufacturing - A PrinterPrezz Company had entered into an agreement to install the Xerox ElemX 3D Printer at Vertex's Cincinnati plant and begin offering contract manufacturing services using Xerox's liquid metal capabilities.

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