Global Offset Printing Market by Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global offset printing market size is valued to reach USD 864.5 Billion by 2024, growing at CAGR of 1.18% over the forecast period 2020–2026. The boom in printing and packaging industry worldwide is expected to be one of the key factors driving the growth of the market.

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Offset printing press is a majorly used printing technique in which the inked image is shifted from a platter to an elastic blanket, and after that, it is finally transferred to the printing surface. Offset printing is the advanced method of the printing system in any language and format. The method of offset printing press are based on tradle, or rotary printing press in which the matter to be printed was to be primarily collected manually rather automatically. In offset printing press, the content which is to be printed, is fed in the system and after that with the help of the camera, it is film and exposed is prepared through chemicals and put into offset printing press machine for the final print.

Market Dynamics:

Increasing investment by manufacturers in research to develop offset printing products is leading to the launch of new innovative products. This, in turn, is driving the growth of the market. Advantages of offset printing machines such as low-cost of printing and printing of a large number of documents in less time are retaining the popularity of these machines. This, in turn, is expected to create a new customer base and drive the market growth.
Widespread applications for printing products such as labels, newspapers, and brochures, are increasing the demand for these machines and driving the growth of the market.
Increasing inclination toward technologically advanced printing machines such as digital printing technology is expected to restrain market growth.
Integration of new technologies for product innovations and delivering end-users centric printing press machines are expected to create opportunities in the market.