Press release
Commercial Printing Market Size Will Grow at a Healthy CAGR by 2032 | Along with Top Key Players: Xerox Corporation, HP Inc., Canon Inc., Ricoh Company, Ltd., Konica Minolta, Inc., EFI (Electronics for Imaging, Inc)., Fujifilm Holdings Corporation, Quad/G
According to a research report by Spherical Insights & Consulting, the global commercial printing market is projected to grow from USD 475.92 billion in 2022 to USD 645.83 billion by 2032, registering a compound annual growth rate (CAGR) of 3.1% over the forecast period.The commercial printing market offers a broad range of services, including the production of advertising materials, packaging, catalogs, books, and newspapers, serving as a crucial communication tool across industries such as retail, publishing, education, and manufacturing. Utilizing technologies like offset lithography, digital printing, flexography, and screen printing, the industry is increasingly shifting toward digital solutions to meet the rising demand for customized and short-run print jobs, particularly in packaging and promotional content. The growth of e-commerce and heightened marketing activities further fuel the need for high-quality, cost-effective printing. Additionally, a growing emphasis on sustainability is encouraging the use of eco-friendly inks and recyclable materials, driving the market to adapt through technological innovation and environmentally responsible practices.
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Digital Printing Segment to Register a CAGR of Approximately 2.8% During the Forecast Period
Based on printing technology, the global commercial printing market is categorized into digital printing, lithography printing, flexographic, screen printing, gravure printing, and others. Among these, the digital printing segment is expected to witness the fastest growth over the forecast period. This growth is driven by several advantages offered by digital printing, including faster turnaround times, cost-efficiency for short print runs, and the ability to support variable data printing-ideal for personalized and targeted marketing. Continued advancements in digital printing technology have also enhanced print quality, color precision, and production efficiency. Additionally, the rising demand for on-demand printing and the need for flexible, high-speed printing solutions across advertising, packaging, and direct marketing applications are further propelling the segment's expansion.
Advertising Segment Projected to Grow at a CAGR of Around 3.1% During the Forecast Period
By application, the global commercial printing market is segmented into packaging, advertising, and publishing. The advertising segment is anticipated to grow at a steady pace during the forecast period. This growth is primarily attributed to the crucial role of advertising in brand visibility and customer engagement, which continues to drive demand for printed promotional materials. The increasing focus on personalized and targeted advertising campaigns is fueling the need for high-quality, impactful print media. In addition, advancements in printing technologies are enabling the creation of visually striking and innovative advertising materials. The rise of digital-out-of-home (DOOH) advertising formats also supports the upward trend of the advertising segment within the commercial printing industry.
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List of Companies:
• Xerox Corporation
• HP Inc.
• Canon Inc.
• Ricoh Company, Ltd.
• Konica Minolta, Inc.
• EFI (Electronics for Imaging, Inc.)
• Fujifilm Holdings Corporation
• Quad/Graphics, Inc.
• Cimpress N.V.
• Agfa-Gevaert Group
• R.R. Donnelley & Sons Company
• Dai Nippon Printing Co., Ltd.
• Heidelberger Druckmaschinen AG
• Transcontinental Inc.
• The Deluxe Corporation
• Cenveo Corporation
• Toppan Printing Co., Ltd.
• Others
Recent Developments
• In May 2022, RR Donnelley (RRD) introduced Helium, an editorial solution that grants professionals the ability to access specialized copywriting, content optimization, and project management. With this service, brands may benefit from a centralized platform connecting them to numerous subject matter experts dedicated to generating high-quality content.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global commercial printing market based on the below-mentioned segments:
Commercial Printing Market, By Printing Technology
• Digital Printing
• Lithography Printing
• Flexographic
• Screen Printing
• Gravure Printing
• Others
Commercial Printing Market, By Application
• Packaging
• Advertising
• Publishing
Commercial Printing Market, Regional Analysis
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
What's covered in the report?
1. Overview of the Inspection Commercial Printing Market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Inspection Camera System market, based on segment.
3. Inspection Commercial Printing Market trends.
4. Inspection Commercial Printing Market drivers.
5. Analysis of major company profiles.
Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Commercial Printing Market Analysis and Projection, By Product Type
• Global Commercial Printing Market Analysis and Projection, By Type
• Global Commercial Printing Market Analysis and Projection, By Segment Type
• Global Commercial Printing Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Commercial Printing Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Commercial Printing Market.
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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