Recent penetration of digitalization across various fields is creating lucrative growth opportunities for the global print equipment market. In a report, titled, “Print Equipment Market Size, Share and Global Trend By Type (Offset, Digital, Flexo), By End Use (Packaging, Publication, Commercial) and Geography Forecast Till 2025”, Fortune Business Insights highlights various factors propelling growth in the market.
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As per the report, the global print equipment market is prognosticated to be worth US$ 20.04 Bn by the end of 2025 from US$ 19.74 Bn in 2017. Automation in printing and other advantages of print equipment will enable the market to rise at a CAGR of 0.21%, during the forecast period of 2018 to 2025.
