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The Global Pad Printing Machine Market Will Reach US$16 Billion By 2028

2024-04-12


Amid the trend of the global printing machinery market, pad printing machines, as an important force, have exhibited a remarkable development trend in recent years. Guangdong Tefisen Pad Printing, as a leader in the industry, has unique insights into the development trends and market prospects of pad printing machines.


In recent years, with the continuous progress of technology and the rapid development of the manufacturing industry, pad printing machine technology has also been significantly improved. Traditional pad printing machines have been greatly improved in terms of precision, speed, and stability, making them more widely used in various industries. At the same time, with the popularization of intelligent and automation technologies, pad printing machines have also achieved higher efficiency and lower costs in the operation process.


In terms of market competition, pad printing machine manufacturers have increased their investment in research and development, and launched a series of innovative products. These new products not only have improved performance, but also have been optimized in terms of appearance design and environmental performance. Guangdong Tefisen Pad Printing is one of the leaders, and its developed pad printing machine products have won wide recognition in the market with excellent performance and stable quality.


Development in recent years:


In recent years, pad printing machine technology has made significant progress. With the integration of intelligent manufacturing and digital technology, pad printing machines have gradually achieved automation and intelligent upgrading. According to Lin, the general manager of Guangdong Tefisen Pad Printing, based on relevant data, the precision and efficiency of pad printing machines have increased by about 20% and 30% respectively in the past five years, greatly meeting the market demand for high-precision and high-efficiency printing.


In addition, the application fields of pad printing machines are constantly expanding. In addition to the traditional industries such as automobiles, electronics, and toys, the application of pad printing machines in packaging, medical devices, and new energy is also gradually increasing. According to statistics, the growth rate of new application fields for pad printing machines has reached more than 15% in the past five years.


Market prospect analysis:


According to the report of GII, the unit sales of the global printing machine market are decreasing at a compound annual growth rate of 0.5%, and it is expected to reach over US$16 billion by 2028.

Printing Machine Types

Sales Growth Rate in 2028

Digital

+1.4%

Traditional

-1.4%


Growth of different equipment types by 2028:


By type, the sales volume of flexographic printing presses will continue to grow until 2028 (compound annual growth rate: +1.7%), while the sales volume of thermosetting lithographic printing presses will decline the most from 2023 to 2028 (compound annual growth rate: -12.5%). By region, the United States is the largest market, expected to reach US3.4billionby2028, while Africa is expected to see the largest growth (compound annual growth rate: +7.8504) million by 2028.

the global pad printing machine Market will reach US$16 Billion by 2028|tefisen


Regional market distribution of pad printing machines by 2028(Unit:MU$)

In summary:


According to He, the technical director of Guangdong Tefisen Technology Co., Ltd., in the future, pad printing machine manufacturers should focus on strengthening the research and development of digital pad printing machines. With the complexity of the international situation, we should work together to actively explore overseas markets and overcome this difficult time together.