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Packaging Industry Expansion Fuels Growth In Printing And Related Support Activities Market Emerges as a Core Driver of the Printing And Related Support Activities Market in 2025
Printing And Related Support Activities
What Is the Expected CAGR for the Printing And Related Support Activities Market Through 2025?
The printing and related support activities market has grown steadily in recent years. It will rise from $355.86 billion in 2024 to $369.03 billion in 2025 at a CAGR of 3.7%. Historic growth was fueled by economic conditions, digitalization and online media expansion, and cross-media marketing trends.
What's the Projected Size of the Global Printing And Related Support Activities Market by 2029?
The market for printing and related support activities is anticipated to experience consistent expansion over the upcoming years. By 2029, it is projected to reach $432.25 billion, with a compound annual growth rate (CAGR) of 4.0%. Factors such as the rise in e-commerce, recovery from the pandemic, and advances in augmented reality (AR) and virtual reality (VR) are expected to drive this growth during the forecast period. Noteworthy trends for the forecast period encompass 3D printing, environmentally sustainable practices, web-to-print solutions, green printing, customisation and variable data printing, remote printing services, and hybrid printing.
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Top Growth Drivers in the Printing And Related Support Activities Industry: What's Accelerating the Market?
The increase in the global packaging sector propels the expansion of the printing and related support services industry. Such services, which include the addition of colours, text, and graphics to packaging materials, play an integral role in individual product and brand identification. For instance, Smithers Pira, which provides expert testing, evaluation and accreditation services in the UK, predicts that the global packaging market will hit $1.05 trillion by 2024. Moreover, CPP Insights, an Indian print and packaging solutions provider, forecasts a near 3% yearly growth in the worldwide packaging market from 2021, reaching over $1.2 trillion by 2028. As such, the burgeoning packaging sector is expected to fuel the development of the printing and related support activities industry.
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What Trends Will Shape the Printing And Related Support Activities Market Through 2029 and Beyond?
Emerging technologies such as metal 3D and LED-UV printing are swiftly evolving within the offline post-press and finishing services industry. These not only conserve energy and reduce lead times but are also eco-friendly, guaranteeing even better quality and durability. They allow instant post-press of printed products, offering an impressive array of colors, even on untreated stock. Companies like Materialize NV, a significant 3D printing service provider and software developer, are making considerable investments in metal 3D printing technologies.
What Are the Main Segments in the Printing And Related Support Activities Market?
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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Which Top Companies are Driving Growth in the Printing And Related Support Activities Market?
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.
Which Regions Will Dominate the Printing And Related Support Activities Market Through 2029?
Asia-Pacific was the largest region in the printing and related support activities market in 2024. 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.
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