Japan is the 2nd Largest Printing Machinery Exporter in the World
Japan is the 2nd Largest Printing Machinery Exporter in the World

Japan is the 2nd Largest Printing Machinery Exporter in the World

October 13, 2022
0 Comments

Trust us as a leading supplier and exporter of printing machinery. We provide top-notch printing solutions worldwide. The global printing machine industry has experienced strong and steady growth over the years. It is driven by increasing printing activities across various commercial sectors.

While publication printing remains the largest end-use sector for printing machines, sectors like advertising printing and packaging & labeling printing have shown rapid growth.

Japan has long been of the leading printing equipment producers and exporters in the global printing machine industry. As the worldwide demand for printing machines continues to rise, Japan’s printing machine industry is also expected to thrive further. It is now the crucial time to network with the top printing machine manufacturers in Japan and grow your printing business to another level.

Global Printing Machinery Exporter Industry Overview

In 2016, the size of the global printing equipment market was already around US$ 18 billion.

The global printing machine industry is projected to grow at a moderate CAGR of 4.1% from 2017 to 2026, as per market report by Future Market Insights,

By the end of 2026, experts anticipate that worldwide printing machine sales will surpass US$25 billion. The growth of the market is driven by higher demand in the packaging and labeling sectors, along with the increasing popularity of 3D printing technologies.

The industry will be boosted by increased advertising expenditure and the broader application of digital presses and advanced labeling systems.

Geographically, Europe represents the largest share of the global printing machine market. Europe also represents the major sales hub for the three global printing machinery giants, Heidelberg, Manroland, and KBA. The Asia-Pacific market is achieving the fastest annual growth rate of 4.2% over the next decade, and it has an increasing demand for printing machines in China and India. Strong growth in the advertising, publishing, and packaging industry primarily fuels the Chinese market.

With the rapid development of commercial printing, the manufacturing of printing machines is becoming more complex and technology-driven. Printing machine manufacturers worldwide are increasingly using inks with volatile organic compounds (VOCs) in response to growing environmental concerns.

Moreover, growing concerns concerning the maintenance of printing machines are also influencing product quality in the global printing machines market. Currently, some of the best-selling printing machine types include offset lithography machines, flexographic machines, screen printers, gravure printing machines, letterpress machines, and digital printing machines.

Japan is One of the World’s Largest Printing Machine Producers and Exporters

The printing machine industry in Japan is also well-known around the world for its innovative and high-quality products.

Japan’s printing machine industry is a major global supplier due to increasing demand in various printing applications.

The printing industry in Japan includes over 30,000 establishments and employs over 340,000 people, as per recent statistics from Japan’s Ministry of Economy, Trade, and Industry.

In 2016, Japan’s printing machine shipments reached approximately US$3.06 billion, with a projected 3% CAGR over the next five years.

Leading printing machine manufacturers in Japan include Canon, HP, Ricoh, Fuji Xerox, Komori, and Tokyo Kikai Seisakusho.

Meanwhile, Japan is also one of the global leaders in printing machine exports. Many leading printing machine suppliers from Japan are exporting printers and printing components to over 150 countries in the world.

In 2016, Japan exported over US$9.8 billion worth of printing machinery globally. It represented around 11% of the world’s total printing machinery exports that year, making Japan the second-largest printing machine exporter after China. Some of the top importers of Japan’s printing machine products include the USA, Netherlands, China, Singapore, and Thailand.

Originally published on www.bizvibe.com

Add a comment

Your email address will not be published. Required fields are marked *

Categories

Recent Posts

About us

John Hendricks
Blog Editor
We went down the lane, by the body of the man in black, sodden now from the overnight hail, and broke into the woods..

Address: Tokyo, Japan

Tel: +81 90-9963-3296
Email: info@japanesemachines.com
Web: www.japanesemachines.com

Menu

Find Us on Maps

Copyright © 2022. Japanese Machines. All rights reserved.