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Printed Signage Market Report 2023: Comprehensive Research Study By Key Players: Dennison Corporation, Spandex Ltd., Igepa group GmbH & Co. KG, Orafol Europe GmbH
Printed Signage Market Report 2023
The Business Research Company's Printed Signage Global Market Report 2023 the increasing focus of the retail industry on advertising as the major driver for the printed signage market's growth in the forecast period. For instance, in August 2022, according to the reports shared by Sensor Tower Inc., a US-based software company, the amount retail spent on advertising in the US was close to $2.7 billion in the first quarter of 2021, an increase of 6.5 percent from the previous year.
The global printed signage market size is expected to grow from $35.54 billion in 2022 to $36.48 billion in 2023 at a compound annual growth rate (CAGR) of 2.63%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global printed signage market size is expected to reach $39.63 billion in 2027 at a CAGR of 2.09%.
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Major competitors in the printed signage market are Avery Dennison Corporation, Spandex Ltd., Igepa group GmbH & Co. KG, Orafol Europe GmbH, Kelly Signs Inc., Lintec Corporation, 3A Composites Holding AG, Signs Express Ltd., EhKo Sign Industries Kft., Identity Group, L And H Sign Company Inc., James Printing And Signs, Chandler Inc., Galaxy Signage, and RGLA Solutions Inc.
A key trend in the printed signage market includes product innovations. Major companies operating in the printed signage market are developing innovative products to strengthen their position in the market. For instance, in February 2020, Seiko Epson Corporation., a Japan-based electronics company, launched its two new signage printers, the SC-R5030L and SC-R5030. They have resin ink with many applications.
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The printed signage market is segmented -
• By Type: Banner And Backdrop, Corporate Graphics, Exhibitions, Trade Shows, Backlit Displays, Point Of Purchase Display, Billboards, Other Types
• By Print Technology: Screen, Inkjet, Sheetfed, Other Print Technologies
• By Application: Indoor, Outdoor
• By End-User Vertical: Banking Financial Services And Insurance, Retail, Transportation And Logistics, Healthcare, Other End User Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the printed signage market
The Business Research Company's "Global Printed Signage Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Printed Signage Market Include:
1. Executive Summary
2. Printed Signage Market Characteristics
3. Printed Signage Market Trends And Strategies
4. Printed Signage Market - Macro Economic Scenario
5. Printed Signage Market Size And Growth
……………
27. Printed Signage Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Printed Signage Market
29. Printed Signage Market Future Outlook And Potential Analysis
30. Appendix
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