Commercial Printing Market to Reach USD 645.83 Billion by 2032: Spherical Insights & Consulting
08 June 2023: Global Commercial Printing Market Size was valued at USD 475.92 Billion in 2022 and the worldwide commercial printing market size is expected to reach USD 645.83 Gillion by 2032, according to a research report published by Spherical Insights & Consulting.
Commercial printing refers to the production of printed materials on a large scale for businesses and organisations. It encompasses a wide range of printed products, including brochures, flyers, business cards, catalogues, posters, and more. Commercial printing utilises advanced technologies such as offset printing, digital printing, and large-format printing to achieve high-quality results. It serves various industries, including advertising, marketing, retail, publishing and corporate sectors.
With its ability to mass-produce visually appealing and informative materials, commercial printing plays a crucial role in promoting brands, communicating messages, and enhancing business visibility. It continues to evolve with advancements in printing techniques, materials, and customization options, catering to the diverse needs of the modern market.
Key industry insights are spread across 200 pages with 100 market data tables and figures & charts in the report on Global commercial printing market size, share, and COVID-19 impact analysis, by printing technology (digital printing, lithography printing, flexographic, screen printing, gravure printing, and others), by application (packaging, advertising, and publishing), by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), analysis and forecast 2023 – 2032.
Based on printing technology, the global commercial printing market is segmented into digital printing, lithography printing, flexographic, screen printing, gravure printing, and others. The digital printing segment is anticipated to experience the fastest growth in the commercial printing market. Several factors contribute to this trend.
Digital printing offers benefits such as quick turnaround times, cost-effective short runs, and variable data printing capabilities, which cater to the increasing demand for personalized and targeted marketing materials.
Furthermore, advancements in digital printing technologies have improved print quality, colour accuracy and production speeds. The segment’s growth is also driven by the rising popularity of on-demand printing and the need for flexible and efficient printing solutions in industries like advertising, packaging and direct marketing.
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