The ‘Commercial Printing Global Market Share, Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global commercial printing market, assessing the market on the basis of its segments like technology, application, and region.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Commercial Printing Market Price, Share, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 2.24%
The widespread use of premium printed packaging for branding and advertising is a key factor fostering the commercial printing market growth. Commercial printing enterprises using digital printing technologies are responding to the rising demand for personalised printed content. They include variable data printing (VDP), which enables the personalisation of pictures, text, and graphics on each printed item, thus aiding the global market for commercial printing.
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The need for commercial printing for packaging and labels for food products, pharmaceuticals, and alcoholic beverages is also anticipated to rise as a result of manufacturers need to adhere to changing rules of various governments and guard against counterfeiting, thereby supporting the market growth of commercial printing. Increasing collaborations between manufacturers and brands about packaging has sparked the creation of creative customer enticement strategies.
The global commercial printing market in the packaging industry has been further assisted by online purchasing and the creation of tailored experiences. As a result, a lot of packaging businesses are investing in commercial printing options, which is helping the market grow.
Commercial Printing Industry Definition and Major Segments
Commercial printing is used for high volume and bulk printing of various types of content, including books, magazines, catalogues, promotional items, labels, brochures, company forms, and instruction manuals. These printers typically have a fold-out tray, memory card reader, ink replacement unit, digital or analogue control panel, and a paper output tray.
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Based on technology, the market is categorised into:
• Offset Lithographic
The market on the basis of application is segmented into:
On the basis of region, the market is divided into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Commercial Printing Market Trends
The key trends influencing the market for commercial printing are the rising demand from businesses and organisations for advertising materials like brochures and pamphlets. Businesses are using commercial printers more frequently since they are more cost-efficient and effective for printing in bulk. In addition to offering media and document management services, commercial printing companies are increasing their offerings, which should help companies to improve their distribution and marketing capabilities for both printed products and non-printed ones.
Important factors supporting the commercial printing market expansion are the changing demands of the publishing sector. Even though digital media is being used more and more for book publishing and advertising, commercial printing remains relevant due to the distinctive experience that printed materials and publications offer. The experience of reading a tangible book adds to its appeal, therefore avid readers and magazine consumers prefer printed versions to online ones.
Also, by using soy ink rather than traditional petroleum-based ink, commercial printing has lessened its environmental impact and enabled both customers and suppliers to cut back on carbon emissions. Over the forecast period, this is anticipated to benefit the overall commercial printing market.
Key Market Players
The major players in the global commercial printing market report are:
- Acme Printing
- Dai Nippon Printing
- Toppan Printing Co. Ltd
- Transcontinental Inc.
- Quad/Graphics, Inc.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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