The global sales of single colour pad printing machines are estimated to be worth USD 784.6 million in 2021 and are anticipated to reach a value of USD 1,212.8 million by 2031. Sales are projected to rise at a CAGR of 4.5% over the forecast period between 2021 and 2031. The revenue generated by single colour pad printing machines in 2020 was USD 750.0 million.
The market is projected to be driven by continuous research & development activities in product innovation, increasing shift in the ease & convenience while handling of the machine and the focus on the reduction of the manual errors while printing.
Increasing demand for precise and cost effective printing solutions across diverse industries is leading to the steady growth of single colour pad printing machines market. Expansion of manufacturing sector which needs the reliable and efficient printing solutions, in emerging markets is also increasing the adoption of single colour pad printing machines.
Single colour pad printing is used for transferring the single colour image to the wide substrates and products such as promotional items, electronics items, medical devices, and automotive parts. The machines are being preferred and expanding due to its ability of printing irregular shapes, complex surfaces, and delicate materials. Thus they are indispensable in several manufacturing processes.
Global Single Colour Pad Printing Machines Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 750.0 million |
Estimated Size, 2021 | USD 784.6 million |
Projected Size, 2031 | USD 1,212.8 million |
Value-based CAGR (2021 to 2031) | 4.5% |
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The single colour pad printing machines are used as pad printing for various substrates like metal, plastics, paper, glass, ceramics, leather, etc. The machine is primarily used in the places where the printing area is small or the surface of the object is not hard or flat to reach by the other printing process.
The single colour pad printing machine is used in every industry including pharmaceutical & healthcare, personal care & cosmetics, electrical & electronics, automotive, etc. The machine has variable inking and printing frequency which controls to regulate the print opacity. Single colour pad printing machines are available in different colours and sizes of the image.
The single colour pad printing machines are available in added optional printing features which could eventually improve the printing properties of the single colour pad printing machines.
The machine with a programmable login system (PLS), auto cleaning system, etc. is expected to increase the printing features of the machine along with easy handling of the single colour pad printing machine.
The PLC touch screen panel on the single colour pad printing allows an automatic pad clean with programmable clean cycle and pad stroke and speed adjustment.
The automatic single colour pad printing machine is highly adaptable for continuous printing practices and is easy to use as compared to manual single colour pad printing machines.
The automatic single colour pad printing machines involve automatic movement of the printing pads while printing on the products which eventually decreases the labour cost associated while printing on the product.
Therefore, easy operation, automatic pad movements, and increased reliability is expected to create demand for automatic single colour pad printing machines over the manual single colour pad printing machines.
The single colour pad printing machines only use one colour at a time while the printing process. The usage of a single pad limits the use of single colour while printing on the products.
The machine takes a long time to complete one printing cycle while impressing the print over the product. Therefore, the usage limit for one colour on the single pad and time-consuming process resulting in the longer printing cycle is expected to hinder the single colour pad printing machines market.
The following global key players such as
Key Asian players manufacturing single colour pad printing machines
The manufacturers involved in the manufacturing of the single colour pad printing machines are involved in the addition of the new products in the product portfolio and thereby expanding it by emphasizing research & development activities.
The single colour pad printing machines installed with the programmable logic system (PLC), auto pad cleaning system, auto loading and unloading system with open ink tray models are eye-catchy in the market these days. These features will not save time while the printing process but also improves the printing features of the single colour pad printing machines.
The majority of the key players manufacturing single colour pad printing machines have their presence in India which is a market driving factor. Also, the growing pharmaceutical & healthcare industry along with the use of advanced technology is the value-added factor contributing to the growth of the single colour pad printing machines market.
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