The global offset printing press market size was valued at around USD 2560 million in 2020 and is expected to reach USD 2679 million by 2028, expanding at a CAGR of 0.7% during the forecast period, 2021 – 2028.
Based on the types, the market is divided into web offset printing machines and sheet-fed offset printing machines. The web offset printing machines segment is anticipated to account for a large market share during the forecast period. Increasing printing and packaging operations are expected to lead to the growth of the web offset printing machines segment during the forecast period. High-volume publications such as journals, catalogs, and brochures are printed on web offset printing machines. Demand for web offset printing machines is expected to rise, as brands and other social media outlets impose great emphasis on advertising and mass communication, as the number of retail networks grows.