Press release
Commercial Printing Market Sluggish Growth Rate Foreseen by 2022-2028
The global commercial printing market is anticipated to grow at a significant CAGR of 3.5% during the forecast period. The growing demand for advertising and the media & entertainment industry across the globe, along with extensive technological proliferation is the key factor driving the market growth. Organizations are increasingly adopting commercial printers as they are more cost-effective and efficient for bulk printing. According to the National Investment Promotion and Facilitation Agency, India's media & entertainment industry is expected to reach $30.9 billion by 2024. `In addition, the contribution of market players such as Duncan Print Group, Gorham Printing Inc., and Labelink by adopting various strategies such as expansions, acquisitions, and collaborations to further drive the market growth during the forecast period. For instance, in September 2022, Weedon PSC invested in a Weipong flexo printer, prompted by the requirement to increase print capacity to meet the demand for packaging to support growth in the e-commerce industry as well as developments towards more sustainable packaging. The machine prints both sides in one pass four colors on one side, and two on the reverse, making it ideal for e-commerce packaging and retail-ready packaging with printing inside the box.
To Request a Sample of our Report on Commercial Printing Market: https://www.omrglobal.com/request-sample/commercial-printing-market
Apart from this, in April 2022, Koenig & Bauer expanded its unit in Würzburg, Germany. The company provides, folding cartons to corrugate commercial printing that supports customers' requirements in the flexographic marketplace. The additional features provided by flexographic printers include special colors, coatings, as well as adhesives and die-cutting, and unique custom ink chambers that are quick, easy to use and provide outstanding print quality results.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Duncan Print Group, Gorham Printing Inc., LSC Communications US, LLC, Quad/Graphics, Inc., and others.
A full Report of Commercial Printing Market is Available @ https://www.omrglobal.com/industry-reports/commercial-printing-market
Commercial Printing Market Report Segment
By Type
Digital Printing
Offset Lithography
Flexography
LED UV
Large Format
By Application
Packaging
Publishing
Newspaper
Magazines
Others
Commercial Printing Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
ABC Imaging
Acme Printing
Bertelsmann Printing Group USA
Cenveo Worldwide Ltd.
Dai Nippon Printing Co., Ltd.
Duncan Print Group
Fastsigns International Inc.
Gorham Printing Inc.
LSC Communications US, LLC
Mimeo
Quad/Graphics, Inc.
Quebecor World Inc.
Prodoc Solutions
RR Donnelley & Sons Co.
The Magazine Printing Co.
The Ups Store Inc.
Toppan Inc.
Transcontinental Inc.
Vista
WestRock Co.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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