Overview of the Market for Printing Machinery And Equipment in the USA
In value terms, printing machinery and equipment production amounted to $ in 2019. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by % y-o-y. As a result, production reached the peak level of $; afterwards, it flattened through to 2019.
The size of the printing machinery and equipment market in the U.S. contracted remarkably to $ in 2019, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2018, and then shrank sharply in the following year.