Press release
Commercial Printing Market Revenue and Demand by 2024; Players - Lagardere, Merrill Corporation, Bertelsmann SE & Co. KGaA, Cenveo and Quad/Graphics
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The falling unit selling prices and decreasing sales of commercial printers are restraining the industry profits from service providers and manufacturers, which is further hindering the growth of the commercial printing market. Additionally, with the introduction of digital media, it has been gradually replacing print form.
The increasing demand for advertising and packaging print processes in developing countries of Asia-Pacific, such as Japan, China, and India is supporting the growth of the Asia-Pacific commercial printing market. The end users of commercial printing in Canada and the U.S. were early adopters of the technology. The countries of Europe have highly focused on developing eco-friendly processes and products, in order to create a sustainable environment.
Commercial printers help in producing labels, advertising and product catalogs, magazines, books, corporate reports, newspaper inserts, phone brochures, and direct mail marketing pieces. The printers also produce promotional materials, such as business forms, training manuals and financial printing.
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Some of the competitors in the global commercial printing market are Lagardere SCA, Merrill Communications LLC, Donnelley & Sons Company, Transcontinental Inc., Bertelsmann SE & Co. KGaA, Dai Nippon Printing Co. Ltd., Cenveo Inc. and Quad Graphics Inc.
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