Global Offset Printing Press
Market Report
2024
The Global Offset Printing Press market was valued at USD 26.85 billion in 2022 and is projected to reach USD 34.81 billion by 2030, registering a CAGR of 3.3% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Offset Printing Press market was valued at USD 26.85 billion in 2022 and is projected to reach USD 34.81 billion by 2030, registering a CAGR of 3.3% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Offset Printing Press Market Sales Revenue 2022 | $ 26.85 Billion |
Global Offset Printing Press Market Sales Revenue 2030 | $ 34.81 Billion |
Global Offset Printing Press Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.3% |
Market Split by Type |
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Market Split by Application |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Offset Printing Press Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Offset printing, also known as offset lithography or litho-offset, is a widely used commercial printing technique. In this process, the inked image present on a printing plate is first printed on a rubber cylinder and then transferred to paper or any other material. With offset presses, custom-made plates are essential for all full-color printing jobs. Since there is no contact between the plate and the surface, the plates have a longer lifespan. It is also possible to use special inks for printing runs of more than a million impressions. The offset printing process allows for printing on different types of surfaces and producing different hues, making it one of the most suitable methods for high-volume full-color printing. Users can choose from various color swatches and be assured of accurate results.
Offset printing is a method of mass-production printing in which the images on metal plates are transferred (offset) to rubber rollers and then onto paper or other surfaces. One of the major benefits of offset printing is that it can produce high-quality prints at a relatively low cost, especially when printing large quantities. That means the cost per page will decrease as more pages are printed.
Further, the materials printed with UV inks directly from the printing press go through the finishing stage without the need for one-day drying in the warehouse and the customer sometimes can receive their order in just a few hours after the order is made. Additionally, Offset printers have another advantage, in that they can print in one, two, or full color and are often set up to accommodate two-sided printing jobs. This makes it a popular choice for printing marketing materials, such as brochures, flyers, catalogs, magazines, newspapers, and books. In addition, offset printing is regarded as being of high quality, due to the production of clean, distinct types and images without streaks or spots. Offset printing can mix unique color inks for various jobs, it will inevitably produce images with superior color fidelity, which relates to the precision of colors as well as their balance in designs.
Offset lithography is excellent for creating high-quality pictures, but its expensive cost may limit market expansion. Offset printing is not economical for lesser quantities due to the time and expenses involved in setup. It is usually only utilized when very huge amounts of print are required. A conventional digital offset printing machine typically costs between $50,000 and $200,000. This pricing, however, may change based on the buyer's individual needs.
Novel and advanced technologies integrated into offset printing machines result in easier management and faster plate changing, which considerably shortens the time of preparation of the order. Henceforth, due to the advantages of offset printing, such as the low price of the print for higher volume, high quality of printed products, and technological development in the offset printing process, the demand for offset printing press is growing for the production of packaging, commercial printing, the printing of labels, and other printed products.
In recent years the demand for RTE, RTS, and other packed food has increased, owing to changing lifestyles, the growing number of working women, and the growing spending capacity of customers.
The surge in demand for packaged food results in an increasing demand for high-quality, durable, and visually appealing printed materials, which can be achieved with offset printing. Offset printing is the preferred method for printing on packaging materials like cardboard, paperboard, and corrugated boxes used for packaged food, due to the properties of food-grade offset inks like mineral-free, low odor, low migration, and others.
The world has been thrown into disarray due to the unprecedented impact of the crisis. While many industries are suffering, some are doing remarkably well. Surprisingly, certain printed products have remained in high demand and even saw a rise in sales in 2020. Printed packaging has shown resilience in particular, with only a 6% decrease in turnover compared to 2019. This decrease is due to the decreased demand for packaging in sectors such as shops and restaurants. Nevertheless, some packaging companies have restructured when lockdown restrictions proved they could meet higher demand with fewer staff. Supply issues have arisen due to the availability of different types of paper, synthetic ethyl alcohol, and plastics (which are less common). The price of recycled paper has dropped significantly (almost -25% since July 2020). Some countries have also reported declining paper supply, although this may be improving. Furthermore, lockdowns have driven down oil prices, resulting in recycled plastics becoming more expensive than virgin plastics, which has obvious implications for sustainability. This has slowed down the offset printing press market.
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The major players involved in the production of offset inks are also engaged in developing food-grade offset inks, which is driving the growth of the offset inks market.
In addition, other market players such as DIC CORPORATION, Flint Group, and others are offering different types of offset inks suitable for food packaging. Therefore, the offset press market is expected to grow with the increase in demand for packaged food.
Oliver Acquires High-Speed Offset Printing Press as Part of $7M Investment in Cleveland Plant:
Oliver Inc., which is the leading independent supplier of custom paperboard packaging solutions in the nation, has recently installed a Heidelberg Speedmaster XL 106 in its Cleveland location. This is the 13th high-speed offset printing press installed by the company. The six-color conventional press is recognized as the most intelligent Speedmaster yet, with continuous production speeds of 18,000 sheets per hour, inline and automated color correction, an automated make-ready for changing substrates and hanging plates, and continuous optimization through artificial intelligence. Due to the increased demand, Oliver has invested over $7 million in its Cleveland location in the last 18 months, increasing the capacity by 50% by adding the following equipment.
Top Companies Market Share in Offset Printing Press Industry: (In no particular order of Rank)
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North America dominates the offset printing press market due to the availability of technical expertise and technological advancements; the US is expected to lead the market due to the increasing usage of commercial and professional printing in North America.
This drives the growth of the market in the region.
The current report Scope analyzes Offset Printing Press Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Offset Printing Press Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Offset Printing Press Industry growth. Offset Printing Press market has been segmented with the help of its Type, Application End Use, and others. Offset Printing Press market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The web-fed printing press segment dominated the market with a high revenue share due to its speed and low cost. Web presses are commonly utilized for high-volume printing, particularly for magazines and newspapers. They are considerably faster than sheet-fed presses and are generally used for flexographic printing, which is frequently used for packaging. The advantages of using a web press are its speed and lower costs, particularly for long print runs. Basically, Web presses are generally faster than sheet-fed presses and they have a lower paper cost for rolls of paper. Additionally, they can handle most folding and binding in-line, which means the product is complete when it comes off the press. Once it is running, a web press lowers overhead and production times, resulting in a lower per-piece price on jobs with long runs.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Offset Printing Press Industry. Request a Free Sample PDF!
Based on application, the newspaper segment dominates the market due to the rising usage of offset printing press in newspaper production. Daily newspapers typically employ offset printing techniques to produce their publications. This method involves creating an etched image of a newspaper page onto thin aluminum plates. Additional plates are required for pages that feature color photos or typesets. Once the plates have been developed to display a positive image from a full-page photographic negative, they are sent to specialists who mount them onto the press.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Offset Printing Press market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Offset Printing Press Market is witnessing significant growth in the near future.
In 2023, the Sheet-fed Printing Press segment accounted for noticeable share of global Offset Printing Press Market and is projected to experience significant growth in the near future.
The Newspapers segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Heidelberger , Koenig & Bauer and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Sheet-fed Printing Press, Web-fed Printing Press |
Application | Newspapers, Magazines, Banknotes, Packaging, Marketing Material, Stationary, Others |
End Use | Commercial offset Printing Press, Industrial offset Printing Press, Others offset Printing Press |
List of Competitors | Heidelberger, Komori, Koenig & Bauer, Manroland, RMGT, Shanghai Mechanical & Electrical, Beiren Printing, Prakash Offset, Sakurai, Xinxiang Xinovo, Ronald Web Offset, Qingdao SOLNA, Jingdezhen Zhongjing, Rugao Changsheng, Weihai Printing, Weifang Huatian, Others. |
This chapter will help you gain GLOBAL Market Analysis of Offset Printing Press. Further deep in this chapter, you will be able to review Global Offset Printing Press Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Offset Printing Press Market Trends North America Offset Printing Press Technological Road Map North America Offset Printing Press Market Drivers North America Offset Printing Press Market Restraints North America Offset Printing Press Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Offset Printing Press market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sheet-fed Printing Press have a significant impact on Offset Printing Press market? |
What are the key factors affecting the Sheet-fed Printing Press and Web-fed Printing Press of Offset Printing Press Market? |
What is the CAGR/Growth Rate of Newspapers during the forecast period? |
By type, which segment accounted for largest share of the global Offset Printing Press Market? |
Which region is expected to dominate the global Offset Printing Press Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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