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Key Trend Reshaping the Printing And Related Support Activities Market in 2025: Emergence Of Metal 3D And Led-Uv Printing
What Are the Projections for the Size and Growth Rate of the Printing And Related Support Activities Market?The value of the printing and related support activities market has seen significant growth in the past few years. It is expected to increase from $364.34 billion in 2024 to $383.73 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. Factors such as economic conditions, digitalization and online media, and cross-media marketing have driven the growth in the historic period.
The market for printing and related support activities is predicted to observe a constant growth in the coming years. The market size is projected to reach $453.97 billion by 2029, with a CAGR of 4.3%. The growth anticipated in this period is due to factors including the rise in e-commerce, recovery from the pandemic, and the integration of augmented and virtual reality (AR and VR). Key trends prescribed for this forecast period are the utilization of 3D printing, the adoption of sustainability and eco-friendly practices, the use of web-to-print solutions, ongoing sustainable printing, catered personalization and variable data printing, remote printing services, and the emergence of hybrid printing.
What Are the Main Catalysts for Growth in the Printing And Related Support Activities Market?
The increasing expansion of the packaging industry around the world propels the progress of the printing and supportive services market. Packaging utilizes printing and related support activities in order to enhance product appearance with colors, text, and graphic elements. It also contributes to the differentiation of individual products and their associated brands. As stated by Smithers Pira, a UK-based company offering specialist assessment, testing and certification services, the global packaging industry is projected to hit the $1.05 trillion mark by 2024. Furthermore, CPP Insights from Creative Print and Pack Pvt Ltd, a printing and packaging solutions company from India, predicts almost a 3% annual increase in the global packaging market from 2021, with an expected value exceeding $1.2 trillion by 2028. As a result, the continuous growth in packaging is anticipated to fuel the expansion of the printing and related support activities market.
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Which Businesses Are at the Forefront of Printing And Related Support Activities Market Development?
Major companies operating in the printing and related support activities market include Dai Nippon Printing Co. Ltd., Taylor Corporation, RR Donnelley, LSC Communications Inc., Shutterfly LLC, Quad/Graphics Inc., Ennis Inc., Japs-Olson Company, Gannett Co. Inc., Dai Nippon Printing Co. Ltd., Hewlett-Packard Company, Konica Minolta Inc., Brother Industries Ltd., Eastman Kodak Company, Lexmark International Inc., Electronics For Imaging Inc., MGI Digital Technology, Oki Data Corporation, Agfa Gevaert NV, Fujifilm Holdings Corporation, Komori Corporation, Cenveo Corporation, Cimpress plc, Landa Digital Printing, Transcontinental Inc., Deluxe Corporation, Multi-Color Corporation, Veritiv Corporation, Allen Press Inc., O'Neil Printing Inc.
What Are the Latest Innovations in the Printing And Related Support Activities Market?
The deployment of metal 3D and LED-UV printing technologies is swiftly progressing within the offline post-press and finishing services market. These mechanisms conserve energy, expedite lead times, pose minimal harm to the environment, yield uniform quality, and offer enhanced durability. These systems are capable of immediate post-press operations on printed products, attracting attention with an array of colors, even on uncoated materials. For illustration, entities like Materialize NV, a company that offers 3D printing services and software development, is significantly investing in metal 3D printing technologies.
How Is the Printing And Related Support Activities Market Segmented?
The printing and related support activities market covered in this report is segmented -
1) By Type: Printing, Support Activities For 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 Printing: Commercial Printing, Digital Printing, Lithographic Printing, Flexographic Printing, Gravure Printing, Screen Printing, Other Printing Types
2) By Support Activities for Printing: Pre-Press Services, Post-Press Services, Printing Plate Preparation, Binding and Finishing Services, Other Support Activities
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Where Is the Printing And Related Support Activities Market Growth Most Prominent?
Asia-Pacific was the largest region in the printing and related support activities market in 2023. North America was the second largest region in the printing and related support activities market. The regions covered in the printing and related support activities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Printing And Related Support Activities Global Market Report?
- Market Size Analysis: Analyze the Printing And Related Support Activities Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Printing And Related Support Activities Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Printing And Related Support Activities Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Printing And Related Support Activities Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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