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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
Ask Analyst for Customization and Browse full report with TOC List of Figure: https://www.imarcgroup.com/request?type=report&id=1587&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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