IMARC Group, a leading market research company, has recently releases report titled “Commercial Printing Market Report by Technology (Lithographic Printing, Digital Printing, Flexographic Printing, Screen Printing, Gravure Printing, and Others), Print type (Image, Painting, Pattern, and Others), Application (Packaging, Advertising, Publishing), and Region 2024-2032”, The study provides a detailed analysis of the industry, including the global commercial printing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the commercial printing market?
The global commercial printing market size reached US$ 766.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 841.9 Billion by 2032, exhibiting a growth rate (CAGR) of 1% during 2024-2032.
What is the commercial printing?
Commercial printing comprises a paper feed, fold-out tray, ink replacer, digital and analog control panel, memory card reader, and a paper output tray. It is a collection of services, including bulk printing, binding, composition, layout designing, and press productions. It is generally used to manufactures materials, such as books, posters, catalogs, magazines, transactional bills and statements, cartons, and packaging. As it is time-saving, convenient, and produces large displays, which helps in attracting consumers using attractive designs, the demand for commercial printing is escalating in various end use industries across the globe.
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What are the growth prospects and trends in the commercial printing industry?
The growing number of commercial spaces, including hotels, restaurants, cafes, and shopping malls, is a significant driver of the demand for commercial printing to enhance brand awareness worldwide. Additionally, the increasing reliance on advertisements for conveying public information and sharing product details is contributing to market growth. Moreover, the rising consumer demand for physical hardbound books due to their comfort and convenience is positively impacting the market. Furthermore, there is a surge in the use of commercial printing in the e-commerce industry for product packaging. Furthermore, the introduction of vegetable inks derived from vegetable oils, which offer improved performance and a significant reduction in volatile organic compounds (VOCs), is strengthening market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology:
- Lithographic Printing
- Digital Printing
- Flexographic Printing
- Screen Printing
- Gravure Printing
- Others
Breakup by Print Type:
- Image
- Painting
- Pattern
- Others
Breakup by Application:
- Packaging
- Advertising
- Publishing
Breakup by Region:
- North America (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Quad/Graphics Inc.
- Dai Nippon Printing Co. Limited
- ACME Printing Inc
- RR Donnelley & Sons Company
- WestRock Company
- Quebecor World Inc.
- Toppan Co. Limited
- TC Transcontinental Inc.
- Cimpress plc
- Taylor Communications
- HH Global Ltd.
- Lagardere SCA.
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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