Commercial Printing Market to Reach USD797,120 million by 2025: Report

10 November 2020: The global Commercial Printing market size is projected to reach USD 797120 Million by 2026, from USD 696760 Million in 2020, at a CAGR of 2.3% during 2021-2026, according to a recent Market Research Report published on Valuates Reports in Printing & Publishing Category. The report contains segmentation Based on Type (Offset Printing, Intaglio Printing, Digital Printing, Other), Based on Application (Image, Painting, Pattern, Other).

Due to rising demand from critical regions, including China, India, the Philippines, Vietnam and Thailand, the Asia-Pacific region is expected to hold the largest commercial printing market share during the forecast period. The growth of the printing market in the region is driven by factors such as creating new technologies, changing lifestyles, the rise of e-commerce, urbanization, etc. Furthermore, the demand for packaging and advertising printing processes increases, which is poised to drive the commercial printing market size in this region.

Major factors driving the commercial printing market size are the growing advertising needs of enterprises across the globe, technological proliferation, along increasing applications across various end-use segments. Companies are gradually embracing commercial printing as they are more cost-effective and reliable for bulk printing. Several promotional practices, such as print ads, are driving the commercial printing market. Print ads are used as part of an overall marketing plan for retail firms.

In order to create a sustainable environment, the countries of Europe have strongly focused on developing eco-friendly processes and products. It is projected that green commercial printers that use eco-friendly paper, inks, coatings and chemicals to facilitate waste reduction will further fuel the commercial printing market size.

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