Printing Machinery & Equipment Manufacturing Industry Profile

Companies in this industry manufacture printing machinery and equipment, including printing presses and binding machinery. Major companies include HP, Presstek, and Xerox (all based in the US); Canon, Komori, and Tokyo Kikai Seisakusho (all based in Japan); and Heidelberger Druckmaschinen, Koenig & Bauer, and manroland Goss web systems (all based in Germany).

Annual growth for the global printing equipment industry is projected to reach about $20 billion by 2032, according to Fortune Business Insights. Top countries for printing machinery production include the UK, China, Japan, and India, according to Future Market Insights.

The US printing machinery and equipment manufacturing industry includes about 280 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1.8 billion.

The industry does not include manufacturing of textile printers or photographic and photocopying equipment. Home and office printers that connect to a PC are covered in the Computer Peripheral Equipment Manufacturing industry profile.

COMPETITIVE LANDSCAPE

Demand is driven by commercial print volume, which depends primarily on advertising and other business needs for printed material. Profitability of individual companies depends primarily on manufacturing efficiencies. Large companies enjoy economies of scale in purchasing and manufacturing. Small companies can compete effectively by serving niche markets, such as envelope printing. The US industry is highly concentrated: the 50 largest companies generate about 80% of revenue.

Imports account for about 60% of the US market. Major printing machinery import sources ...