PRINTING MACHINE MARKET ANALYSIS
Printing Machine Market: Regional Insight
On the basis of region, the printing machine market is segmented in to North America, Europe, Asia Pacific, Latin America, The Middle East, and Africa.
Asia Pacific is the major contributor in the Printing machine market growth, owing to growing print markets in this region. In 2016, daily print newspaper circulation in Asia increased by 8.80 percent over one year and 40.10 percent over five years’ time span. Moreover, according to the March 2017, updates by India Brand Equity Foundation (IBEF), in India print media contributes to a significant portion of the total advertising revenue, accounting for almost 41.2%. Thus, increasing adoption of printed media in Asia Pacific region is propelling demand for printing machine market, which in turn is expected to account for considerable market share throughout the forecast period.
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