Support Activities For Printing Market on Track for Strong Growth, Estimated to Grow at 3.8% CAGR Through 2029

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What Is the Expected CAGR for the Support Activities For Printing Market Through 2025?_x000D_
The market size for support activities related to printing has been on a consistent growing trend in the past few years. It is projected to increase from $24.54 billion in 2024 to $25.41 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.5%._x000D_
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What's the Projected Size of the Global Support Activities For Printing Market by 2029?_x000D_
The market for support activities related to printing is projected to experience consistent expansion in the approaching years, with a projection to reach a value of $29.5 billion by 2029, maintaining a compound annual growth rate (CAGR) of 3.8%. The anticipated growth during the forecast period can be attributed to the ongoing shift towards digital printing, advancements in 3D printing technology, the trend towards customization and personalization, emphasis on efficiency and automation, and the growth of packaging printing. Key trends anticipated during the forecast period comprise an increased need for security printing, remote printing services, strengthening of supply chain resiliency, advancements in digital textile printing, adoption of cloud-based printing solutions, and the integration of augmented reality (AR) and QR codes._x000D_
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Top Growth Drivers in the Support Activities For Printing Industry: What's Accelerating the Market? _x000D_
The rising promotional requirements of businesses are anticipated to spur the progress of the support activities for the printing market. Advertising, an approach in marketing that pays for spaces to promote a product, service, or cause, is the core of commercial messaging. This kind of promotion is often published in hard copy through various media platforms like newspapers, magazines, brochures, and direct mail. Hence, the escalating demand for advertising boosts the printing support activities market. For instance, an article by the International News Media Association in April 2022 disclosed that global expenditure on print newspaper advertising rose by 4.8% over the last year. In Germany, print contributes to 89% of newspaper revenue. Meanwhile, 64% of the advertising earnings of Folha de S. Paulo, a daily newspaper in Brazil, are attributed to print. Consequently, the growing promotional needs of businesses are augmenting the growth of the support activities for the printing market._x000D_
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What Trends Will Shape the Support Activities For Printing Market Through 2029 and Beyond?_x000D_
The predominant trend observed in the support activities for printing market is centered on product innovations. To enhance their market presence, leading companies within this market are placing a high emphasis on creating innovative products. For example, in January 2022, Carbon Inc., a 3D printing technology firm located in the US, unveiled the M-Series 3D printers, harnessing the power of the approaching DLS (Digital Light Synthesis) printing era. The new-generation printers from Carbon, the M3 and M3 Max, will offer a superior idea-to-production platform when combined with the Carbon Design Engine and Carbon DLS materials. The system stands out with features like quicker printing, straightforward printer functions, dependable parts, effortless installation, and a more spacious building area._x000D_
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What Are the Main Segments in the Support Activities For Printing Market?_x000D_
The support activities for printing market covered in this report is segmented - _x000D_
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1) By Type: Pre-Press Services, Post-Press Services_x000D_
2) By Organization Size: Small Enterprise, Medium Enterprise, Large Enterprise_x000D_
3) By Application: Household, Commercial_x000D_
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Subsegments:_x000D_
1) By Pre-Press Services: Graphic Design, Typesetting, Image Processing, Proofing, Plate Making _x000D_
2) By Post-Press Services: Binding, Finishing, Cutting And Trimming, Packaging, Fulfillment Services _x000D_
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Which Top Companies are Driving Growth in the Support Activities For Printing Market?_x000D_
Major companies operating in the support activities for printing market include Dai Nippon Printing Co. Ltd., Deluxe Printing Group Inc., RR Donnelley, Ennis Inc., FedEx Corporation, Japs-Olson Company, Office Depot LLC, Pitney Bowes Inc., Schawk Inc., Cimpress N.V., InnerWorkings Inc., Multi-Color Corporation, Rengo Co. Ltd., Shenzhen Sunshine Laser & Electronics Technology Co. Ltd., Taylor Corporation, The Bureau of Engraving and Printing, The C.J. Group of Companies, Garvey Group, Hennegan Company, John Roberts Company, The Marsid-M&M Group, Standard Group plc, Vomela Specialty Company, Toppan Printing Co. Ltd., Transcontinental Inc. _x000D_
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Which Regions Will Dominate the Support Activities For Printing Market Through 2029?_x000D_
Asia-Pacific was the largest region in the support activities for printing market in 2024. The regions covered in the support activities for printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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