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Steady Expansion Forecast for Printing Market, Projected to Reach $402.75 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Printing Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The printing market rose steadily, from $331.32 billion in 2024 to $343.63 billion in 2025 at a CAGR of 3.7%. Growth factors in previous years included expansion of publishing, packaging needs, economic conditions, environmental regulations, and consumer demand.
Printing Market Size Forecast: What's the Projected Valuation by 2029?
A consistent rise is anticipated within the printing market size in the forthcoming years. By 2029, it's projected to balloon to a whopping $402.75 billion, boasting a compound annual growth rate (CAGR) of 4.0%. The escalation projected during this anticipated period can be ascribed to factors such as sustainable printing practices, the impact of e-commerce packaging, smart packaging, the influence of remote work, as well as health and safety anxieties. Significant trends predicted in this period encompass the progression of 3D printing, digital printing, personalization in printing, implementation of augmented reality (AR), intelligent printing solutions, and the advent of hybrid printing technologies.
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What Are the Drivers Transforming the Printing Market?
The increase in the need for packaging in the e-commerce sector is predicted to fuel the printing market's expansion. E-commerce packages, which are typically customized and broadly used by burgeoning e-commerce retailers, are a prime example. The U.S. Census Bureau, a U.S. government entity, estimates that U.S. retail e-commerce sales amounted to $265.9 billion in the third quarter of 2022, marking a 3% increase from the second quarter of that year. Even though total retail sales escalated by 9.1% in the same timeframe, e-commerce sales in the third quarter of 2022 surged by 10.8% from the third quarter of 2021. Consequently, the escalating e-commerce sector is projected to stimulate demand for printing, leading the market in the projected period.
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What Long-Term Trends Will Define the Future of the Printing Market?
The trend towards technological innovation is becoming increasingly prevalent in the printing market. Numerous leading firms in the market are prioritizing the development of novel technologies to maintain a competitive edge. For example, Markem-Imaje, a company based in Switzerland that specializes in the manufacture and distribution of traceability and variable data for the packaging sector, unveiled an Internet of Things (IoT) driven platform known as MiVista in 2022. This platform offers a range of self-supporting and helpdesk printer services, aiming to simplify and improve the efficiency of daily coding procedures across printer fleets. Additional features include self-sufficiency, automated risk surveillance, and enhanced remote diagnostic capabilities, among other things.
Which Segments in the Printing Market Offer the Most Profit Potential?
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 Firms Dominate the Printing Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in 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.
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