In 2023, the import of book-binding machinery, including book-sewing machines to China, stood at approximately 5.20 thousand units. The forecasted data shows a steady year-on-year increase in these imports, rising from 5.31 thousand in 2024 to 5.82 thousand by 2028. This represents an average annual growth rate, or CAGR, of approximately 2.28% from 2024 to 2028.
Key trends to watch for in the future include:
- Adoption of advanced technology and automation in book production.
- Growing demand for high-quality finishing in China's printing industry.
- Potential impacts from trade policies and economic shifts affecting machinery imports.