The printing and paper-handling machine sector grew by 11% faster than the German machinery industry - Quest Industry Report
However, production growth of printing and paper-handling machines started on a low absolute basis / As a result, this sector is not one of the dynamic growth sectors of the German mechanical engineering industry
(PresseBox) - The Quest Industry Report compares the production and sales of printing and paper machines with the German machinery industry since the global economic crisis of 2008 to 2017. This long-term comparison clearly shows the special features of the sector.
During the global economic crisis, the decline in production of printing and paper-handling machines was small and could be more than offset by 2011. However, growth from the crisis low did not continue. Instead, there was a three-year decline in production of more than 25%. It was not until early 2015 that production began to grow again and then so strongly that it exceeded production growth in the German mechanical engineering by 11% between 2014 and 2017.
Since 2011, production of printing and paper machines has not been able to exceed its pre-crisis level and, like production in mechanical engineering, thus remained below its pre-crisis level by 2017.
In comparison of sales with mechanical engineering, the printing and paper machinery sector shows a picture similar to that of its production. Using data from the Federal Statistical Office, the Quest industry report outlines that the sector sales grew by 10% more strongly than those of the machinery industry in the period from 2014 to 2017.
Sales of printing and paper-handling machines slumped significantly in 2017 and are therefore back at pre-crisis levels, while sales in mechanical engineering are 9% higher.
The source of the stronger sales growth lies in foreign sales. Between 2014 and 2017, foreign sales of printing and paper machines grew 8% faster than those of mechanical engineering and in 2017 were 7% above their pre-crisis level.
Domestic sales of printing and paper machines as well as those of mechanical engineering in 2017 remained well below their pre-crisis levels by 2017.
The Quest industry report is available on https://www.quest-trendmagazine.com/en/machinery-industry/print-and-paper-machines/production-and-sales-of-printing-and-paper-machines.html
Quest Trend Magazine publishes trends in automation from the users's point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.
The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.
The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.
Unternehmensinformation / Kurzprofil:
Quest Trend Magazine publishes trends in automation from the users's point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.
Datum: 22.10.2018 - 10:09 Uhr
Sprache: Deutsch
News-ID 582864
Anzahl Zeichen: 3085
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