Commercial Web Offset Presses Market - Introduction
- Commercial web offset presses is a type of offset printing press, which feeds a roll of paper through the press for printing content or images
- Commercial web offset presses have the ability to print on one or two sides simultaneously. These presses are meant for larger commercial projects.
- Commercial web offset presses are difficult to substitute owing to their advanced features and distinct printing technology
- Commercial web offset presses have made books attractive to read, evolved the newspapers industry, and helped market and promote consumer and end-user products across the globe
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Commercial Web Offset Presses Market – Dynamics
- Increasing growth of the packaging industry in terms of advanced printing of packages for consumer goods around the world, increasing demand for commercial web offset presses in graphic applications, and industrialization are some of the major factors boosting the growth of the commercial web offset presses market globally.
- Commercial web offset presses provide high and consistent image quality which is another major factor expected to maintain the market growth in the next few years.
- Increasing shift from sheet-fed offset presses to web offset presses is expected to increase the demand for commercial web offset presses. This is primarily because in sheet-fed offset printing, only a single page of paper is fed into the machine; these are used in advertising companies to make templates, single page marketing advertisements, and brochures.
- Commercial web offset presses is used for all types of printing which is also a major factor fueling their demand. Demand for commercial web offset presses is mainly generated from consumer products ranging from commercial applications such as education, to journals, magazines, printed books, and reading material.
High Cost of Commercial Web Offset Presses Restraining Market Growth
- High cost of commercial web offset presses is expected to restrain the market across the globe. Preference for rented or used commercial web offset presses is another major factor hindering the market growth.
North America to Hold Major Share of Global Commercial Web Offset Presses Market
- The market in North America is expected to expand rapidly during the forecast period. Presence of established large and medium manufacturers of commercial web offset presses in North America is expected to drive the market in the region. The manufacturers in the region are increasingly using advanced press technologies to cater to the commercial and industrial requirements across the region.
- The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period, primarily due to rapid economic development, globalization, and increasing demand for commercial web offset presses among end-use industries in the region.
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Commercial Web Offset Presses Market – Competitive Landscape
- In July 2018, Walstead Group, a web offset and gravure printing specialist company acquired the European printing operations division from LSC Communications.
- In November 2018, The Siebold Company Inc. (TSC) based in Coral Springs, Florida, the U.S., acquired DR Press Equipment, Inc., a provider of web offset replacement press parts and related components.
Mitsubishi Heavy Industries, Ltd.
Established in 1950, Mitsubishi Heavy Industries, Ltd.is located in Tokyo, Japan. It develops, manufactures, and sells heavy machinery across the globe. The company provides web offset presses, gear cutting machines, cylindrical grinding machines, large and special purpose machines, micro milling machines, room temperature wafer bonding machines, directed energy deposition AM systems, laser products, precision cutting tools, and precision position feedback detectors.
Incorporated in 1847, Siemens AG is located in Munich, Germany. Siemens AG is one of the leading global manufacturers of resource-saving and energy-efficient technologies. The company is particularly focusing on the areas of automation, electrification, and digitalization. It primarily operates through nine business segments: Power & Gas, Energy Management, Building Technologies, Mobility, Digital Factory, Process Industries & Drives, Healthineers, Siemens Gamesa Renewable Energy, and Financial Services (SFS).
Solo Printing, LLC.
Incorporated in 1985, Solo Printing, LLC is located in Miami, Florida, the U.S. The company operates as a printing company in the United States and provides numerous marketing solutions for companies in the fields of retail, direct mail, travel, and publishing. It provides web and sheet-fed offset printing for communications.
Some of the key players operating in the global commercial web offset presses market include:
- Koenig & Bauer AG
- KOMORI Corporation
- Ronald Web Offset Pvt. Ltd.
- Heidelberger Druckmaschinen AG
- John Roberts Company
- The Printers House (P) Ltd.
- Prakash Offset Machinery Private Limited
- Walstead Group
- DG press Service S B.V.
Commercial Web Offset Presses Market – Research Scope
The commercial web offset presses market can be bifurcated on the basis of:
Commercial Web Offset Presses Market Segmentation – by Procurement
In terms of procurement, the commercial web offset presses market is segmented into:
Commercial Web Offset Presses Market Segmentation – by Application
Based on application, the commercial web offset presses market can be fragmented into:
- Bank notes
- Marketing Material
The report on the commercial web offset presses market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The commercial web offset presses market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on commercial web offset presses market segments and geographies.
Regional analysis of the commercial web offset presses market includes:
- North America
- Rest of North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.