Global Commercial Printing Machine Market to Grow at a CAGR of 1.50% (2016-2024)
According to Goldstein Research, global commercial printing machine market is expected to grow at a CAGR of 7.0% over the forecast period (2016-2024). The growing demand of photo and graphic printing for the purpose of advertisement and promotion is driving the global commercial printing machine market. Global commercial printing machine market segmentation has been done on the basis of print technology, printing machine type and geography. There is rising demand for digital print technology over the traditional printing machines, which has simplified the operations and control systems. Global commercial printing machine market had largest share in North America for being the quick adaptors of advanced technologies. North America is closely followed by Europe for the inclination towards eco-friendly printing and sustainability. APAC commercial printing machine market is growing majorly in China, Japan and India and it is expected to occupy 26% market share by 2024. Market Segmentation On the basis of our in-depth analysis, Global Commercial Printing Machine Market can be segmented as follows: • Based on Print Technology o Lithographic Print Technology o Digital Print Technology o Flexographic Print Technology o Screen Print Technology o Gravure Print Technology • Based on Printing Machine Type o Black & White Commercial Printing Machine o Colored Commercial Printing Machine • On the basis of region o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)} o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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