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E-Commerce Packaging Boom Driving Growth In The Printing Market Driver: A Major Catalyst in the Evolution of the Printing Market in 2025
Printing
The burgeoning demand for packaging in the e-commerce sector is anticipated to drive the printing market's growth. Custom printed e-commerce packages are in popular use among the burgeoning sector of e-commerce retailers. For instance, data from the U.S. Census Bureau, a U.S. government agency, revealed that U.S. retail e-commerce sales in the third quarter of 2022 hit a total of $265.9 billion. This was a 3% rise from the second quarter of the year. Concurrently, overall retail sales experienced a 9.1% increase during the same period, while e-commerce sales in the third quarter of 2022 surged by 10.8% from the same period in 2021. Consequently, this robust growth in the e-commerce sector is forecasted to spur demand for printing, thereby propelling the market in the forecast period.
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What is the projected compound annual growth rate (CAGR) of the printing market from 2025 to 2034, and what factors influence it?
The expansion of the printing market has been quite robust in the past few years. The market, which is predicted to rise from $339.57 billion in 2024 to $357.8 billion in 2025, will have a compound annual growth rate (CAGR) of 5.4%. Factors contributing to this growth during the historic period include the expansion of the publishing industry, packaging necessities, worldwide economic conditions, environmental guidelines, and consumer tastes.
In the coming years, the printing market size is forecasted to witness stable growth, ballooning to $423.75 billion by 2029 at a compound annual growth rate (CAGR) of 4.3%. The projected growth during the forecast period can be ascribed to factors such as sustainable printing methods, e-commerce packaging, smart packaging elevated by remote work implications and health and safety precautions. Significant trends forecasted for this duration encompass advancements in 3D printing, digital printing, customized printing, augmented reality (AR) integration, intelligent printing solutions, and hybrid printing technologies.
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How are the latest trends influencing the growth of the printing market?
Technological innovation has become a significant trend gaining traction in the printing industry. Major players in the market are striving to introduce novel technologies to secure a competitive edge. For example, Markem-Imaje, a Switzerland-based manufacturer and distributor of specialized traceability and variable data for the packaging sector, launched an IoT-powered platform named MiVista in 2022. The platform provides a range of self-support and helpdesk printer services, aiming to simplify and streamline the daily coding operations across the printer fleet. It also offers benefits like self-reliance, automated risk monitoring and enhanced remote diagnostic abilities.
What are the major segments of the printing market and their role in driving growth?
The printing market covered in this report is segmented -
1) By Type: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing
2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Other Technologies
3) By Application: Packaging, Advertising, Publishing, Other Applications
Subsegments:
1) By Commercial Printing: Digital Printing, Offset Printing, Flexographic Printing, Gravure Printing, Lithographic Printing
2) By Commercial Screen Printing: Textile Screen Printing, Industrial Screen Printing, Graphic Screen Printing, Electronic Screen Printing
3) By Books Printing: Hardcover Book Printing, Paperback Book Printing, On-Demand Book Printing, Large Print Book Printing
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Which regions are key players in the growth of the printing market?
Asia-Pacific was the largest region in the printing market in 2024. North America was the second largest region in the printing market. The regions covered in the printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the printing market?
Major companies operating in the printing market include HP Inc., Canon Inc., Fujifilm Holdings Corporation, Bertelsmann SE & Co. KGaA, Ricoh Company Ltd., Toppan Inc., Dai Nippon Printing Co. Ltd., Konica Minolta Inc., Xerox Corporation, R.R. Donnelley & Sons, LSC Communications Inc., Quad/Graphics Inc., Gannett Co Inc., SHUTTERFLY Inc., Transcontinental Inc., Cenveo Corporation, Vistaprint NV, Electronics for Imaging Inc., OKI Data Corporation, ENNIS Inc., Raksul Inc., The Vomela Companies, Xante Corporation, O'Neil Printing Inc., ACME Printing, The McClatchy Company, Print Direction Inc., Taylor Communications, Ryobi Limited, Screen Holdings Co. Ltd., Gallus Holding AG, Domino Printing Sciences plc, MGI Digital Technology
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What Is Covered In The Printing Global Market Report?
•Market Size Forecast: Examine the printing market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the printing market for a structured understanding.
•Key Players Overview: Analyze major players in the printing market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the printing market.
•Segment Contributions: Evaluate how different segments drive overall growth in the printing market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the printing market.
•Industry Challenges: Identify potential risks and obstacles affecting the printing market.
•Competitive Landscape: Review strategic developments in the printing market, including expansions, agreements, and new product launches.
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