Commercial Printing Market Size, Share | Forecast Report 2023-28

IMARC Group, a leading market research company, has recently releases report titled “Commercial Printing Market Report by Technology (Lithographic Printing, Digital Printing, Flexographic Printing, Screen Printing, Gravure Printing, and Others), Print type (Image, Painting, Pattern, and Others), Application (Packaging, Advertising, Publishing), and Region 2023-2028.” The study provides a detailed analysis of the industry, including the global commercial printing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the commercial printing market?

The global commercial printing market size reached US$ 758.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 807.4 Billion by 2028, exhibiting a growth rate (CAGR) of 1.1% during 2023-2028.

What is commercial printing?

Commercial printing is the service used to prepare printed materials and transfer the artwork onto a piece of paper or card. It produces phone books, magazines, labels, brochures, advertising, product catalogs, newspaper inserts, corporate reports, direct mail marketing pieces, and promotional materials. Commercial printing provides binding, composition, layout and graphic designing, plate making, and press production services. As a result, commercial printing finds extensive applications in publishing and printing houses and large-scale organizations that use these services to run their day-to-day operations effectively.

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Commercial Printing Market Trends and Drivers:

The market is primarily driven by the increasing demand from the retail, and food and beverage industries. Commercial printing is used in these sectors as a marketing strategy to target their consumers. The rising usage of high-quality printed packaging material for advertising and branding represents one of the significant factors propelling the market growth. Besides this, there has been increasing adoption of commercial printers as they are more cost-effective and efficient for bulk printing. Furthermore, with the growing awareness regarding eco-friendly and sustainable practices, commercial print manufacturers are implementing new initiatives to counter the adverse effects of environmental depletion. As a result, vegetable inks made from vegetable oils have been introduced that offer enhanced performance due to the drastic reduction of volatile organic compounds (VOCs). Moreover, extensive technological advancements in commercial printing and the growing advertising needs of enterprises are also fueling the market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technology:

• Lithographic Printing

• Digital Printing

• Flexographic Printing

• Screen Printing

• Gravure Printing

• Others

Breakup by Print Type:

• Image

• Painting

• Pattern

• Others

Breakup by Application:

• Packaging

• Advertising

• Publishing

Market Breakup by Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• American International Group, Inc

• Allianz SE

• AmTrust International Limited

• Apple

• AT&T

• AXA

• Deutsche Telekom

• Liberty Mutual Insurance Group

• Pier Insurance Managed Services

• Samsung Electronics

• SoftBank Group Corp.

• Sprint Corporation

• Telefonica Insurance S.A.

• Verizon Communications

• Vodafone Group

• Xiaomi

• Orange

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