(MENAFN Editorial) CLEVELAND, Dec. 11, 2017 /PRNewswire/ --US demand for printing machinery and equipment is forecast to total $2.2 billion in 2021, according to Printing Machinery & Equipment: United States, a report recently released by Freedonia Focus Reports. Ongoing competition from electronic media will continue to restrain demand for printed materials such as newspapers and books, limiting purchases of related machinery and equipment.
More information about the report is available at
Demand for offset lithographic printing presses, once the largest segment, is expected to decrease 3.3% per year as printing and publishing shipments continue to fall. Competition from digital and flexographic presses, which offer increased flexibility to printers, will further drive declines.Digital printing press demand is forecast to advance 1.3% per year, the fastest growth of any segment. Printing companies will continue to invest in digital presses in order to expand their service offerings, such as on-demand printing, mass customization, and flexible package printing. In particular, label converters are expected to increase investment in digital presses to capitalize on trends favoring shorter print runs and expanded customization.
These and other key insights are featured in Printing Machinery & Equipment: United States. This report forecasts US printing machinery and equipment demand and shipments in nominal US dollars at the manufacturer level to 2021. Total demand is segmented by product in terms of:
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional can be purchased at or .
SOURCE The Freedonia Group
MENAFN1112201700701241ID1096219911