Book-Binding Machinery Market Scope
Bookbinding machine is used to merge pages and making books. These machines are using two operations such as electrical and mechanical. Comb Binding, Coil Binding, Wire Binding, Thermal Binding, Tape Binding, and Strip Binding are the type of binding machines. high demand due to the technological advance bookbinding machinery will help to boost the demand from the global market. the high demand for a thermal bookbinding machine owing to it can bind multiple documents in one minute.
According to AMA, the Global Book-Binding Machinery market is expected to see growth rate of 8.6%
In addition to this, online readers as well as availability of E books are acting as the major substitutes. Thus, it will stagnate the demand for book binding machines. Also the Global book binding machinery market is in the maturity of its respective PLC which will lead to increase in adoption of technologically enhanced and cost effective solutions to survive in the market. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Book-Binding Machinery market throughout the predicted period.
GB Tech (United States), JFK Binding (United Kingdom), Zookbinders (United States), Staples Canada ULC (United States), Renz (Germany), General Binding Corporation (United States), On Demand Machinery (United States), Powis Parker (United States), Kulwinder Stitching (India) and Smyth s.r.l. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Skyline Book Binding Machines & Supplies (United States), Book Binding Machinery & Techniques (India) and Kylin packaging machinery (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Book-Binding Machinery market by Type (Comb Binding Machines, Coil Binding Machines, Wire Binding Machines, Thermal Binding Machines, Tape Binding Machines and Strip Binding Machines) and Region with country level break-up.
On the basis of geography, the market of Book-Binding Machinery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 16th February 2018, Zookbinders has installed first fastBook Professional binding machine in the United States. It provides Swiss based Imaging Solutions which is used to automate the assembly of the inner pages in the Zookbinders’ line of flush mount albums for wedding photographs.
Market Trend
- High Adoption from the Education Institutes across the World
Market Drivers
- Rising Number of Book Reader
- Up surging Demand of Research Project
Restraints
- Rising Popularity of E-Books
- Increasing Dependency on Laptop and Mobile phones
Challenges
- The Growing Concern due to Availability of Substitute
Key Target Audience
Book Binding Machine Manufactures, Book Binding Machine Suppliers / Retailors / Distributors, Potential Investors, Industry Association, Downstream Vendors, Government and Private Research Organization and Others