Print Equipment Market Size and Share
Print Equipment Market Analysis by Mordor Intelligence
The print equipment market size stands at USD 20.03 billion in 2025 and is projected to reach USD 23.63 billion by 2030, advancing at a 3.36% CAGR. Growth rests on steady capital replacement cycles for flexographic presses, rising orders for digital systems that serve on-demand runs, and regulatory mandates for serialized labeling that favor variable-data printing. Security and transactional printing keeps investment flowing into specialty equipment with advanced anti-counterfeiting features, while e-commerce packaging underpins a broad shift toward shorter run lengths and faster job changeovers. Competitive intensity grows as European press builders partner with U.S. and Japanese digital leaders to release hybrid platforms that blend high-speed analog stations with inkjet or electrophotographic modules. Supply-chain reshoring in North America and Europe adds further momentum by encouraging converters to install versatile equipment close to end customers.
Key Report Takeaways
- By technology, flexographic presses commanded 38.65% of print equipment market share in 2024, whereas digital systems are forecast to post the fastest 5.76% CAGR through 2030.
- By equipment type, press lines captured 35.98% of the print equipment market size in 2024 and are expected to expand at a 4.56% CAGR through 2030 over the forecast period.
- By application, security and transactional printing held 28.94% revenue share in 2024; packaging equipment is predicted to grow at a leading 5.58% CAGR to 2030.
- By end user, commercial printers accounted for 48.52% of the print equipment market in 2024, while packaging converters record the highest 4.86% CAGR through 2030.
- By geography, Asia-Pacific led with 40.19% of print equipment market share in 2024; the Middle East and Africa region is projected to rise at 6.75% CAGR up to 2030.
Global Print Equipment Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Food and pharma digital-label mandates | +0.8% | Europe, North America | Medium term (2-4 years) |
| On-demand book and packaging runs | +0.6% | Asia-Pacific, North America | Short term (≤ 2 years) |
| Brand-owner SKU proliferation | +0.5% | Global developed markets | Medium term (2-4 years) |
| Hybrid presses lower ownership cost | +0.4% | Europe, North America | Long term (≥ 4 years) |
| Reshoring to curb supply-chain risk | +0.3% | North America, Europe | Medium term (2-4 years) |
| Print-as-a-service contracts | +0.2% | Global early adopters | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Regulatory Tailwinds for Food and Pharma Digital Labels
Regulators now require serialized barcodes on every saleable pharmaceutical unit and allergen statements on food packaging, forcing brand owners to print unique identifiers and frequent label revisions. Digital presses satisfy these requirements without plate changes, enabling cost-effective micro runs and real-time data integration. Equipment suppliers answer with pharmaceutical-grade inkjet engines, validated software, and automated inspection add-ons that help facilities pass FDA audits.[1]U.S. Food and Drug Administration, “Drug Supply Chain Security Act,” fda.gov As compliance deadlines tighten in the European Union and United States, converters accelerate capital budgets toward digital systems that ensure traceability and patient safety.
On-Demand Book and Packaging Runs Driving CAPEX
Changing buyer habits favor small-lot printing that avoids excess inventory and obsolescence. Publishers now release niche titles in batches of 100 copies, and e-commerce shippers personalize mailers per order. Digital presses can profitably print runs that traditional offset required at least 1,000 copies to break even, prompting converters in China, India, and the United States to install hybrid lines that toggle between analog and inkjet within minutes. The investments unlock working-capital savings and slash warehouse space, reinforcing repeat equipment purchases.
Brand-Owner Push for SKU Proliferation
Consumer-goods companies launch regional flavors, seasonal designs, and influencer co-brands that multiply SKUs by double digits each year. Frequent artwork swaps strain plate budgets and downtime on legacy flexo lines. Modular presses with quick-change anilox sleeves or inline UV-inkjet bridges remove these bottlenecks, producing dozens of label versions in one shift with negligible waste. Rising demand for agility fuels incremental press upgrades and retrofits, sustaining the print equipment market even where overall print volumes stay flat.
Hybrid Presses Lower Total Cost of Ownership
Hybrid lines integrate analog stations for flood colors with digital heads for variable graphics, reducing ink consumption and makeready scrap versus all-analog or all-digital workflows. Converters report 15% lower substrate waste and 20% faster job turnaround after adopting these platforms. Savings on labor and floor space further improve payback, especially in Europe where utilities and skilled operators are expensive. The compelling economics drive long-term adoption curves.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Volatile graphic-paper prices squeeze margins | -0.4% | Global, with acute impact in emerging markets | Short term (≤ 2 years) |
| Skilled press-operator shortage | -0.3% | Developed markets primarily | Medium term (2-4 years) |
| Cap-ex freeze at commercial printers post-COVID | -0.2% | North America and Europe primarily | Short term (≤ 2 years) |
| ESG scrutiny on solvent-based inks | -0.2% | Europe and North America, expanding globally | Long term (≥ 4 |
| Source: Mordor Intelligence | |||
Volatile Graphic-Paper Prices Squeeze Margins
Spot pulp shortages and currency fluctuations drive sudden 15%-20% hikes in coated-paper and specialty-substrate prices, eroding printer margins and delaying discretionary print campaigns. Ink cost spikes linked to a global nitrocellulose shortage further pressure converters, especially in economies with weak exchange rates. The cash-flow squeeze narrows budgets for new presses, slowing replacement cycles during price surges.
Skilled Press-Operator Shortage
As veteran operators retire, fewer apprentices enter print trades. Complex multicolor gravure and large format flexo lines require hands-on expertise that cannot be filled quickly. North American and European shops report vacancy rates above 12%, forcing overtime and limiting machine utilization.[2]Komori Europe, “Double the Impact: How Silver Printing Boosts Efficiency and Quality with Komori Lithrone G40 Advance,” komori.eu Vendors accelerate R&D for closed-loop color control and predictive maintenance so that smaller crews can run sophisticated lines, yet capital cost for full automation remains a barrier for small converters.
Segment Analysis
By Technology: Digital Momentum Builds Under Flexographic Leadership
Flexographic platforms retained a 38.65% print equipment market share in 2024 thanks to fast web speeds, broad substrate compatibility, and entrenched use in fast-moving consumer-goods packaging. Digital presses, while smaller in installed base, are growing 5.76% annually as converters chase variable data and micro-batch economics. Gravure and offset maintain niche positions for ultra-long runs where cylinder and plate amortization still pays off, whereas screen systems serve electronics and specialty graphics. The print equipment market size for hybrid presses is expanding fastest because new designs blend flexo decks with inkjet bridges, delivering brand-owner agility without sacrificing throughput.
Hybrid convergence blurs technology categories. Inkjet bars mounted on flexo lines handle serialization, while analog stations still lay down flood whites and metallics. Vendors patent seamless data exchange between analog register controls and digital RIP software, enabling color-to-color accuracy within ±40 microns on a single frame. These upgrades help converters meet brand standards and reduce waste below 3% of substrate purchased, reinforcing capex for integrated lines.
Note: Segment shares of all individual segments available upon report purchase
By Equipment Type: Press Systems Remain the Investment Core
Press bodies accounted for 35.98% of the print equipment market size in 2024 and will post a 4.56% CAGR as users replace legacy lines with servo-driven models. Prepress CTP units grow modestly because direct-to-press heads shrink plate demand. Post-press slitters, die-cutters, and folder-gluers keep steady growth tied to packaging diversification, while inline converting stations embedded within presses displace some standalone finishing gear. At the high end, sheetfed inkjet platforms now feature automatic nozzle compensation and AI quality inspection that lift average uptime above 90% .
Automation tackles the operator gap. Touchscreen HMI, job recipe recall, and robotic roll loading cut setup labor by up to 50 minutes per job. Predictive analytics alert maintenance staff before bearing failures, shrinking unplanned downtime. These enhancements justify higher list prices but deliver three-year payback for mid-volume converters that run multishift schedules, sustaining demand despite macro uncertainty.
By Application: Packaging Surges While Security Holds Value
Security and transactional work currency, passport, tax stamps delivered 28.94% of revenue in 2024, leveraging stringent anti-counterfeit specs and long replacement cycles. Packaging, however, is rising 5.58% per year on e-commerce parcel growth and SKU multiplication. Books and publishing stabilize as premium coffee-table editions offset general decline, whereas signage migrates quickly to UV-inkjet for same-day campaign launches. The print equipment market share held by packaging presses keeps widening because converters deploy mid-web lines with quick-change decks that print folding cartons and flexible pouches on one frame.
Investments focus on barrier coating capability and food-safe inks. Sheetfed inkjet presses now accept 600-micron paperboard and run water-based white, satisfying mono-material recycling targets. Security printing stays resilient due to scheduled banknote redesigns and national ID upgrades in South Asia and Africa, ensuring a baseline of high-margin equipment orders even as commercial print declines.
Note: Segment shares of all individual segments available upon report purchase
By End User: Commercial Printers Lead but Converters Accelerate
Commercial printers held 48.52% share in 2024 by servicing marketing collateral, direct mail, and corporate literature across diverse sectors. Packaging converters, in contrast, post the fastest 4.86% CAGR by capitalizing on groceries shifting to smaller, more frequent label orders. In-plant operations inside consumer-goods factories invest steadily to control proprietary artwork and protect data. Quick-print shops remain niche yet differentiate through wide-format and specialty finishing that require compact digital devices. The print equipment market size attributable to converters could overtake commercial facilities by 2029 if e-commerce momentum persists.
Commercial houses hedge by branching into folding carton and label work, purchasing narrow-web flexo or sheetfed inkjet equipment. Service diversification keeps press utilization healthy but intensifies rivalry with dedicated converters, accelerating feature innovation across both customer groups.
Geography Analysis
Asia-Pacific’s 40.19% share anchors the global print equipment market. China and India buy high-throughput flexo lines for packaged food, while Japan focuses on precision security presses and South Korea pioneers OLED panel printing. ASEAN countries embrace mid-range digital hybrids to serve proliferating local brands. Regional governments provide tax incentives for local manufacturing, reducing import tariffs on press components and attracting European vendors to open assembly plants.
North America commands premium equipment demand. Brand owners insist on recyclable substrates and just-in-time delivery, encouraging converters to replace solvent flexo with water-based inkjet lines certified for indirect food contact. Reshoring tailwinds lift new press installations in the Midwest and Mexico-border states. Labor scarcity accelerates automation spending, and subscription service models gain traction due to favorable financing costs.
Europe combines technology leadership with stringent environmental rules that propel retrofits. The proposed Packaging and Packaging Waste Regulation tightens VOC limits, pushing converters toward UV-LED curing and fully enclosed inking circuits. Germany, Italy, and Switzerland remain engineering hubs supplying high-speed gravure and offset units, whereas Eastern Europe absorbs second-hand gear to serve regional FMCG exporters. The print equipment market share of Middle East and Africa, though small, grows fastest at 6.75% CAGR as governments in the Gulf Cooperation Council diversify economic bases and African consumer markets expand. South America records stable demand tied to Brazil’s agro-industrial exports and regional book printing needs, though currency volatility tempers large capital orders.
Competitive Landscape
The arena is moderately fragmented. Heidelberger Druckmaschinen, Koenig and Bauer, and Bobst Group leverage deep mechanical know-how and global support networks, while HP, Canon, and Epson set the pace in roll-to-roll inkjet resolution and workflow software. Partnerships proliferate: Heidelberg bundles Inkjet engines from Canon, and Bobst licenses Kodak ULTRAstream heads for its label lines, reducing development cycles. Print-as-a-service contracts let vendors lock consumable sales and capture data for predictive upgrades, strengthening switching costs.[3]Bobst Group, “2025 First Half-Year Results,” bobst.com
In 2025, Epson acquired Fiery for USD 591 million to embed RIP and color-management IP directly into wide-format units, sharpening competitiveness in signage and corrugated applications. Heidelberg launched Jetfire 50 and 75 inkjet sheets with carbon-neutral production, targeting commercial houses that need sustainability credentials. Software insurgents provide cloud MIS that integrates prepress, press, and finishing data, enhancing OEE and exposing white-space opportunities for equipment makers to bundle integration services.
Start-ups focus on materials science: water-based metallic inks, compostable barrier coatings, and conductive pastes for flexible electronics. Established players counter by signing exclusivity deals with chemical firms such as Solenis to co-develop carton linings compatible with the Boardmaster flexo platform. Patent filings show a pivot toward AI-driven inspection and autonomous job sequencing, hinting that the next competitive battleground will be data analytics rather than mechanical throughput alone.
Print Equipment Industry Leaders
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Heidelberger Druckmaschinen AG
-
Bobst Group SA
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HP Inc.
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Canon Inc.
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Seiko Epson Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- July 2025: Bobst Group reported order entries down 15% year-on-year amid geopolitical uncertainties.
- February 2025: Heidelberg posted a 9.2% adjusted EBITDA margin in Q3 FY 2024/25, buoyed by 15% growth in packaging orders.
- January 2025: American Packaging Corporation installed two HP Indigo 200K presses at its Wisconsin plant to fulfill short-run flexible packaging demand.
- January 2025: Silver Printing commissioned a five-color Komori Lithrone G40 advance UV press to serve cosmetics and pharmaceutical clients.
Global Print Equipment Market Report Scope
Printing equipment includes offset presses, gravure presses, silk-screen equipment, large format inkjet printers, digital printing/copying equipment, letterpress equipment, office copiers, and bindery equipment.
The print equipment market is segmented by technology (web offset lithographic, flexographic, gravure, screen printing, and digital printing), application (books, commercial print, advertising print, security, transactional print, packaging, and labels), and geography (North America (United States and Canada), Europe (Germany, France, Italy, United Kingdom, Netherlands, and Rest of Europe), Asia-Pacific (Japan, India, China, and Rest of Asia-Pacific), Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.
| Web-offset Lithographic |
| Flexographic |
| Gravure |
| Screen Printing |
| Digital |
| Pre-press Systems |
| Press (Sheet-fed, Roll-fed) |
| Post-press and Finishing |
| Ancillary and Inline Converting |
| Books and Publishing |
| Advertising and Signage |
| Security and Transactional |
| Packaging |
| Other Applications |
| Packaging Converters |
| Commercial Printers |
| In-plant/Corporate |
| Quick Print and Copy Shops |
| North America | United States | |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | United Kingdom | |
| Germany | ||
| France | ||
| Spain | ||
| Italy | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | Middle East | Saudi Arabia |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Kenya | ||
| Rest of Africa | ||
| By Technology | Web-offset Lithographic | ||
| Flexographic | |||
| Gravure | |||
| Screen Printing | |||
| Digital | |||
| By Equipment Type | Pre-press Systems | ||
| Press (Sheet-fed, Roll-fed) | |||
| Post-press and Finishing | |||
| Ancillary and Inline Converting | |||
| By Application | Books and Publishing | ||
| Advertising and Signage | |||
| Security and Transactional | |||
| Packaging | |||
| Other Applications | |||
| By End-User Industry | Packaging Converters | ||
| Commercial Printers | |||
| In-plant/Corporate | |||
| Quick Print and Copy Shops | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Europe | United Kingdom | ||
| Germany | |||
| France | |||
| Spain | |||
| Italy | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Middle East | Saudi Arabia | |
| United Arab Emirates | |||
| Turkey | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Kenya | |||
| Rest of Africa | |||
Key Questions Answered in the Report
How large is the print equipment market in 2025?
The print equipment market size is USD 20.03 billion in 2025, with a forecast CAGR of 3.36% through 2030.
Which technology segment is expanding fastest?
Digital printing systems show the highest 5.76% CAGR as converters adopt variable-data and short-run capabilities.
What region leads global demand?
Asia-Pacific holds 40.19% print equipment market share owing to manufacturing scale in China and rising consumption across India and Southeast Asia.
Why are hybrid presses gaining popularity?
Hybrid lines combine flexographic speed with digital flexibility, cutting substrate waste by about 15% and lowering total cost of ownership.
What is the main restraint to market growth?
Volatile paper and ink prices compress printer margins, delaying new equipment purchases, especially in emerging economies.
Which end-user group is recording the quickest spending growth?
Packaging converters are investing at a 4.86% CAGR to meet e-commerce and SKU proliferation requirements with agile press configurations.
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