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COVID-19 and its Impact on the Print Machinery Market

According to a report from Smithers, COVID-19 has had a major impact on the print machinery market, with an accelerating effect on trends that were already being established. This crisis has bought about enduring social-economic changes to consumer behaviors that will directly affect buying patterns.

Source: Smithers

Overview of

Print Equipment

Markets

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Due to COVID-19, the market fell in 2020 by 2.4% against 2019.

In 2021, the market is expected to grow by nearly 20% from 2020.

Print equipment market is expected to reach $15.86 billion in 2021.

Print equipment market forecast to reach a value of $15.75 billion by 2026.