Di. Jul 2nd, 2024

The global Commercial Printing Market is anticipated to expand steadily throughout the projection period of 2021 to 2031, with a modest compound annual growth rate (CAGR) of 2.1%. By that time, the market is expected to be worth $675.2 billion. The introduction of eco-friendly practises like high-quality printed packaging material, the rising demand for advertising by businesses, and widespread technological proliferation are the main drivers of this growth. Other important factors include the rising sales of physical hardbound books, the global growth of the packaging industry, and the introduction of eco-friendly practises.

Despite the widespread adoption of digital technology, hardbound books continue to be in high demand. There is still a large audience of readers who prefer the tactile sensation of turning the pages of a real book, which sustains the need for commercial printing services. The market for physical hardbound books is anticipated to continue flourishing due to the rise in literacy rates and the cultural importance of books, supporting the expansion of the commercial printing sector.

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Globally, the packaging business is also expanding significantly due to the rising demand for packaged goods from a variety of industries. Commercial printing is essential for creating high-quality packaging materials that not only safeguard the contents but also improve the aesthetics and brand recognition of goods. The emergence of eco-friendly printing materials and methods has increased demand for commercial printing services in the packaging industry as sustainable practises are being emphasised more and more.

Additionally, businesses in a variety of industries are realising the value of efficient advertising for grabbing customers’ attention and boosting sales. Brochures, flyers, posters, and banners are just a few of the promotional tools offered by commercial printing that may help companies effectively communicate their brand messaging. The need for commercial printing services is anticipated to increase as companies continue to invest in marketing and promotional initiatives.

Additionally, the development of the market for commercial printing has been significantly influenced by technological improvements. Commercial printers can now provide quicker turnaround times, better print quality, and more customisation choices because to the development of digital printing technologies and cutting-edge printing procedures. Commercial printing has become more efficient and cost-effective because to technology developments, which has accelerated industry adoption.

Highlighted with 79 tables and 78 figures, this 159-page report “Global Commercial Printing Market 2021-2031 by Printing Type (Offset Lithography, Digital, Flexographic, Screen, Gravure), Print Product (Image, Painting, Pattern), Service (Printing, Design, Finishing, Fulfillment), Application (Packaging, Advertising, Publishing), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global commercial printing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

View Report Scope and Latest Developments in the Market:

https://www.marketwatch.com/press-release/commercial-printing-market-report-with-a-modest-compound-annual-growth-rate-cagr-of-21-is-expected-to-be-worth-6752-billion-2023-06-03?mod=search_headline

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global commercial printing market in every aspect of the classification from perspectives of Printing Type, Print Product, Service, Application, and Region.

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Based on Printing Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Offset Lithography Printing
  • Digital Printing
  • Flexographic Printing
  • Screen Printing
  • Gravure Printing
  • Other Printing Types

Based on Print Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Image
  • Painting
  • Pattern
  • Other Print Products

By Service, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Printing
  • Design
  • Finishing
  • Fulfillment
  • Other Services

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Packaging
  • Advertising
  • Publishing
  • Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Printing Type, Print Product, and Application over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

ACME Printing

Bertelsmann SE & Co. KGaA

Cenveo Corporation

Cimpress Plc

Dai Nippon Printing Co., Ltd.

Ennis Inc.

LSC Communications US LLC

O’Neil Printing

Print Direction Inc.

Quad/Graphics Inc.

Quebecor World Inc.

R.R. Donnelley & Sons

Taylor Communications

TC Trans Continental Inc.

Toppan Co., Ltd.

Transcontinental Inc.

Vistaprint NV

WestRock Co.

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