Press Release

Global Commercial Printing Market to Reach Around USD 951.07 Billion by 2032, Driven by Growing Digital Printing Technology

Global Commercial Printing Market

According to a new report by EMR titled ‘Global Commercial Printing Market Report and Forecast 2024-2032’, the market attained a value of about USD 779.86 billion in 2023. The market is assessed to grow at a CAGR of 2.20% between 2024 and 2032 to reach around USD 951.07 billion by 2032.

Digital printing is gaining traction in the commercial printing sector as it enables a faster, cost-effective, and personalised production of printed materials. Advancements in technologies such as inkjets and laser printing enabling businesses to develop high-quality prints without the requirement for bulky setup processes and plate making are supporting the commercial printing market expansion.

 

Furthermore, variable data capabilities provided by digital printing are creating greater opportunities for customised marketing campaigns, improving customer engagement and supporting higher conversion rates. Artificial intelligence (AI) is also being incorporated into commercial printing for optimising print layouts, colour calibration, and picture improvement, thereby ensuring significant print quality and consistency.

 

In the United States, about 25,000 companies are specialists in commercial printing. These companies generate about USD 900 billion in revenue on an annual basis. The increasing publication printing of books, magazines, and newspapers is supporting the growth of the market.

 

The market for commercial printing is undergoing significant development with the increasing inclusion of textures and finishes that engage the sense of touch.  Embossed logos and soft touch coatings are being widely adopted by brands and companies as they add depth and richness to the print materials, making the advertising more impactful.

 

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The market is also transitioning towards eco-friendly methods with the adoption of materials such as recycled paper and vegetable-based inks. Companies such as Crown Holdings Inc (NYSE: CCK), engaged in the production of non-beverage and beverage cans, make use of advanced package printing techniques for promotional packaging.

 

Market Analysis by Technology, Application, and Region:

  • The market, on the basis of technology, can be divided into offset lithographic, flexographic, inkjet, screen, and gravure, among others.
  • Based on application, the market can be divided into packaging, advertising, and publishing, among others.
  • The major regional markets for commercial printing include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The growing adoption of digital printing technology by businesses is contributing to the development of high-quality personalised prints.
  • The commercial printing market growth is being fuelled by the rising adoption of sustainable practices, including the inclusion of environment-friendly paper, recycled materials, and plant-based inks.
  • The growing technological advancements such as artificial intelligence are supporting the market growth. AI-enabled print scheduling is lowering waste and increasing the efficiency of commercial printing companies.
  • The growing food and beverage sector is contributing to the market growth. Commercial printing is adopted by the sector for labelling and advertising purposes.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global commercial printing market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the technologies, applications, and major regions of commercial printing.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global commercial printing market are Acme Printing, Dai Nippon Printing, Toppan Printing Co. Ltd, Transcontinental Inc, and Quad/Graphics, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Application
  • Region
Breakup by Technology
  • Offset Lithographic
  • Flexographic
  • Inkjet
  • Screen
  • Gravure
  • Others
Breakup by Application
  • Packaging
  • Advertising
  • Publishing
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Acme Printing
  • Dai Nippon Printing
  • Toppan Printing Co. Ltd
  • Transcontinental Inc.
  • Quad/Graphics, Inc.
  • Others

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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