Global Digital Offset Printing Plate Market to Register a CAGR of -1.5% Between 2019 and 2025

Publisher: QYResearch
Published Date: 2019/7/31

The global market for digital offset printing plate will be decreasing throughout the forecast period due to the high cost of digital printing. In addition, it takes a longer to finish the process and thus cannot be delivered instantly. For minor changes in machines, the new set of plates are needed, which is projected to hamper the growth of the market in the coming years. In addition, the offset printing is expensive and the digital offset requires higher volume than the traditional offset printing.

Moreover, in offset printing, etched metal plates are used to apply ink on the paper and this process takes time, which makes the offset process slower. All of these factors are expected to create a negative impact on the growth of the market during the forecast period.

According to the report, the global digital offset printing plate market was valued at US$1991 mn in 2018 and is expected to decline with a register CAGR of -1.5% by 2025.

Click to view the full report:    https://www.qyresearch.com/index/detail/1086850/global-digital-offset-printing-plate-market
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