The global printing machine industry has maintained a strong and steady growth rate over the recent decades, mainly driving the rising printing activities demanded by various commercial sectors. Although the publication printing such as books, magazines, and newspapers is still the largest end-use sector for printing machines, another commercial usage of printing machines including advertising printing and packaging & labeling printing has seen some of the fastest growth rates in recent years. 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 Machine Industry Overview
In 2016, the size of the global printing equipment market was already around US$ 18 billion. According to a recent market report from Future Market Insights, the global printing machine industry is expected to grow with a moderate CAGR of 4.1% from 2017 to 2026. It is estimated that over US$ 25 billion worth of printing machines will be sold across the globe by the end of 2026. The market growth is believed to be mainly driven by higher demand in packaging and labelling sectors and the rising popularity of new printing technology, such as digital printing and 3D printing. The increasing advertising expenditure coupled with the wider application of digital presses and advanced labelling systems will be one of the major factors to boost the global printing machine industry in the near future.
Geographically, Europe represents the largest share in the global printing machine market. Europe also represents the major sales hub for the three global printing machinery giants, Heidelberg, Manroland and KBA. Asia-Pacific market is projected to record the fastest compounded annual growth rate of 4.2% over the next decade driven by growing demand for printing machines in China and India. China is mainly driven by strong growth in advertising, publishing, and packaging industry.
With the rapid development of commercial printing, manufacturing of printing machines is becoming more complex and technology driven. Meanwhile, increasing number of printing machine manufacturers around the world are nowadays optimizing the use of inks containing volatile organic compounds (VOCs), due to rising environmental concerns. Moreover, growing concerns with respect to the maintenance of printing machines are also influencing the 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. As one of the largest printing machine suppliers in the global market, Japan’s printing machine industry has been significantly facilitated by the surging global demand in various of printing applications, such as publication printing, commercial printing, packaging printing, interior décor materials printing and multimedia products printing over the recent decades.
According to the recent industry statistics from Japan’s Ministry of Economy, Trade and Industry, Japan’s printing industry nowadays has over 30,000 business establishments with more than 340,000 employments. In 2016, the total shipments of printing machine manufactured in Japan were estimated to be approximately US$ 3.06 billion, it is expected to maintain a 3% of CAGR over next five years. Some of the largest printing machine manufactures in Japan include Canon, HP, Ricoh, Fuji Xerox, Komori, and Tokyo Kikai Seisakusho.
Meanwhile, Japan is also one of the global leaders in the 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 to the global market, representing around 11% of the world’s total printing machinery exports in that year, making Japan the world’s 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.
Connect with Top Printing Machine Manufacturers in Japan
The prominence of the printing machine industry in Japan has attracted a significant number of buyers and traders from all over the world to source printing equipment in Japan. To help your business stays at the top of the industry, BizVibe provides the best solutions to source the products and make the best business deals with the top printing equipment manufacturers in Japan. Don’t miss your chance to connect with the best industry suppliers, manufacturers, and exporters on BizVibe.
Whether you’re conducting competitive research or looking for new and reliable suppliers, quality producers or top wholesalers, BizVibe makes it easy to grow your business. No matter what your professional goals, BizVibe will help you reach them by introducing you to key industry players and decision-makers from the Japan’s printing machine industry.
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