DUBLIN--(BUSINESS WIRE )--The "Commercial Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global commercial printing market reached a value of US$ 750.1 billion in 2021. Looking forward, the market is projected to reach US$ 796.3 billion by 2027, exhibiting a CAGR of 1% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
Commercial printing refers to the collection of services, which include bulk printing along with binding, composition, layout designing and press productions. A commercial printer is used to produce phone books, magazines, labels, catalogs, brochures, business forms, promotional materials and training manuals, among others. It consists of a paper feed, fold-out tray, ink replacer, digital or analog control panel, memory card reader and a paper output tray. It finds extensive applications across publishing and printing houses, as well as in large organizations that use the service to run their operations effectively.
The growing advertising needs of enterprises across the globe, along with extensive technological proliferation, currently represent the key factors driving the market growth. Organizations are increasingly adopting commercial printers as they are more cost-effective and efficient for bulk printing. Widespread use of high-quality printed packaging material for advertising and branding acts as another major growth-inducing factor.
Furthermore, the steady demand for physical hardbound books is another factor driving the growth of the market. Although e-books and e-journals are gaining traction among consumers, paperback books and magazines are widely considered to provide high comfort and convenience as compared to their digital counterparts.
Commercial printing vendors are also expanding their services toward media and document management services, which is expected to enable organizations to enhance their distribution and promotion capabilities for both print and non-print materials. Moreover, green commercial printers that use eco-friendly paper, inks, coatings and chemicals, and facilitate reducing and reusing waste, are projected to drive the growth of the market further.
Key Questions Answered in This Report
1. What was the size of the global commercial printing market in 2021?
2. What are the key factors driving the global commercial printing market?
3. What has been the impact of COVID-19 on the global commercial printing market?
4. What is the breakup of the global commercial printing market based on the technology?
5. What is the breakup of the global commercial printing market based on the print type?
6. What is the breakup of the global commercial printing market based on the application?
7. What are the key regions in the global commercial printing market?
8. Who are the key players/companies in the global commercial printing market?
5.5 Market Breakup by Print Type
7 Market Breakup by Print Type
For more information about this report visit https://www.researchandmarkets.com/r/r0mq9y
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900