The Commercial Printing Market is being driven by Increase in sales of paperback books
The Commercial Printing Market is expected to grow at a CAGR of 2.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 46 billion. In the global commercial printing market, businesses are poised to advance their operations beyond traditional print products and services during the forecast period. This evolution encompasses the expansion into areas such as media services, digital technologies, management solutions, and logistics. The supply chain typically involves the procurement of materials, often sourced from clients, followed by printing and post-production processes. Notably, industry leaders like LSC Communications are pursuing logistics integration, thereby streamlining the supply chain and transforming commercial printing into a comprehensive end-to-end print product and service solution.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
224 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.2% |
Market growth 2025-2029 |
USD 46 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.1 |
Key countries |
US, China, Japan, India, Canada, UK, South Korea, Germany, France, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The commercial printing market caters to the needs of businesses and enterprises by producing advertising materials such as brochures and pamphlets through commercial printing services. With technological proliferation, faster presses and enhanced production capabilities ensure superior quality printing techniques. Bulk printing for packaging and labeling is also a significant sector, particularly in the e-commerce industry. Innovative solutions in additive manufacturing and AI-powered design tools are revolutionizing the industry. Hybrid print technologies, including flexographic printing, offer artistic potential in printed materials for retail sectors. Digital media and online mediums continue to coexist with physical books, catering to book readers and magazine buyers. Logistics and warehousing are essential components, ensuring efficient delivery of printed materials to various industries.
In the commercial printing market, businesses and enterprises rely on advertising materials such as brochures, pamphlets, and marketing tools to engage customers and promote their brand. Commercial printing services are essential partners in this process, providing technological proliferation through faster presses and advanced design capabilities. The core functions of a publishing company in this context include content development, product development, design, content formatting, product design, printing and binding, marketing and sales, and outbound logistics. Content development involves a significant investment in writing, research, revisions, and asset acquisition to ensure high-quality, measurable outcomes for learning and teaching staff and students. Product development entails coordinating production and manufacturing processes for newspapers, magazines, and books. Both functions are critical to delivering effective advertising and marketing solutions for businesses.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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