Smithers is now forecasting that the global market for print and finishing equipment will reach $15.9 billion this year.Data from its new report, The Future of Print Equipment to 2026, reveals a drop in sales values from $17.3 billion in 2019 to $13.2 billion in 2020. The research team believes that: 1. In the post-COVID world, sales will struggle to recover to pre-pandemic levels after an initial-and dramatic-20 percent rebound in 2021 2. The market will be essentially flat, with a -0.2 percent compound annual growth rate (CAGR) for 2021-2026 at constant prices Expectations hold that the nature of that kind of operating environment will, "place a premium on new technologies, value-adding systems and services, and greater automation, as print OEMs look to maintain profitability." Analysts decreed, "In the midst of recovery from the disruption caused by COVID, the outlook remains challenging through to 2026."
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