PUBLISHER: The Insight Partners | PRODUCT CODE: 1402541
PUBLISHER: The Insight Partners | PRODUCT CODE: 1402541
The Middle East & Africa printing machinery and equipment market is expected to grow from US$ 7,335.81 million in 2023 to US$ 14,917.72 million by 2030. It is estimated to grow at a CAGR of 10.7% from 2023 to 2030.
Rising Demand for Personalization Fuels Middle East & Africa Printing Machinery and Equipment Market
Web-to-print platforms have gained popularity as they enable customers to customize, and order printed products online. These platforms are integrated with printing machinery and equipment to automate the printing process, reducing human intervention and streamlining operations. The growing demand for web-to-print solutions is anticipated to offer lucrative opportunities for printing equipment manufacturers to develop compatible machinery and equipment.
Further, printing machinery and equipment are vital in producing personalized brochures, flyers, catalogs, and direct mail campaigns. Variable data printing technology enables the incorporation of personalized text and images, resulting in engaging and targeted marketing materials. Personalization allows companies to create marketing materials tailored to customers' preferences and needs. In May 2022, Landa Digital Printing announced the unveiling of the Landa S10P Nanographic Printing Press. The Landa S10P's capabilities allow for customization and personalization of in-store solutions. As the demand for personalization continues to grow across industries, the printing machinery and equipment market can seize these opportunities by developing and offering innovative solutions that support customization and web-to-print capabilities.
Middle East & Africa Printing Machinery and Equipment Market Overview
The Middle East & Africa printing machinery and equipment market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa (MEA). The MEA region is one of the largest and fastest-growing markets for printing machinery and equipment globally. The region is witnessing higher technological advancements in printing industry, such as improved print quality, higher speeds, greater automation, and enhanced color management, have stimulated the demand for updated and advanced printing machinery and equipment. Innovative technologies, including UV curing, LED curing, inkjet, and hybrid printing solutions, are driving market growth as they offer improved efficiency, versatility, and expanded capabilities in the region.
Israel has one of the leading aerospace & defense industries in the MEA region. A well-established aerospace industry in Israel is creating lucrative opportunities for electronics providers. The presence of companies such as Turkish Aerospace Industries, Israel Aerospace Industries, and Embraer are some of the catalyzers in the MEA printing machinery and equipment market. The demand for aerospace and defense electronics and 3D printed parts for aircraft components is likely to drive the demand for printing machinery and equipment market in the region. For instance, some of the 3D printed components used in an aircraft includes parts such as tarmac nozzle bezel, console control part, airflow ducting, seat backs & entry doors, brackets and door handles, suspension wishbones, dashboard interface, and headlight prototypes.
Middle East & Africa Printing Machinery and Equipment Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Printing Machinery and Equipment Market Segmentation
The Middle East & Africa printing machinery and equipment market is segmented into operation type, product type, substrate type, end user, and country.
Based on operation type, the Middle East & Africa printing machinery and equipment market is segmented into manual and automatic. The automatic segment held a larger Middle East & Africa printing machinery and equipment market share in 2023.
Based on product type, the Middle East & Africa printing machinery and equipment market is segmented into offset lithography, flexography, screen, digital, and others. The digital segment held the largest Middle East & Africa printing machinery and equipment market share in 2023.
Based on substrate type, the Middle East & Africa printing machinery and equipment market is segmented into plastic, paper and paperboard, metal, and others. The paper and paperboard segment held the largest Middle East & Africa printing machinery and equipment market share in 2023.
Based on end use, the Middle East & Africa printing machinery and equipment market is segmented into commercial, publication and others. The publication segment held the largest Middle East & Africa printing machinery and equipment market share in 2023.
Based on country, the Middle East & Africa printing machinery and equipment market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa printing machinery and equipment market share in 2023.
Canon Inc, Honeywell International, HP Inc, Manroland Goss Web Systems GmbH, Toshiba Corp, Xerox Holdings Corp, and Zebra Technologies Corp. are some of the leading companies operating in the Middle East & Africa printing machinery and equipment market.