In 2023, Japan led the market of printing and ancillary machinery exports with a value of $8.68 billion. It was followed by China, Germany, and Hong Kong. Notably, the United States came in at seventh place. Over the past two years, Japan saw a consistent year-on-year growth, while China experienced moderate growth. The five-year CAGR indicates stable growth for Japan and China, with a slight decline for Germany.
Future trends to watch include the rising demand for digital printing technology and sustainable printing methods, which might shift production emphasis and preferences. Innovation and automation in machinery are expected to drive competitiveness among these top exporters.
Top countries in Top Exporters of Printing and Ancillary Machinery
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Japan | 8,680 | 2016 | |
| 2 | 2 China | 7,440 | 2016 | |
| 3 | 3 Germany | 6,690 | 2016 | |
| 4 | 4 Hong Kong | 5,970 | 2016 | |
| 5 | 5 Netherlands | 4,970 | 2016 | |
| 6 | 6 Singapore | 4,180 | 2016 | |
| 7 | 7 United States | 3,600 | 2016 | |
| 8 | 8 Malaysia | 1,860 | 2016 | |
| 9 | 9 Belgium | 1,460 | 2016 | |
| 10 | 10 United Kingdom | 1,230 | 2016 |
