The global commercial printing market is anticipated to grow at a significant CAGR of 3.5% during the forecast period. The growing demand for advertising and the media & entertainment industry across the globe, along with extensive technological proliferation is the key factor driving the market growth. Organizations are increasingly adopting commercial printers as they are more cost-effective and efficient for bulk printing. According to the National Investment Promotion and Facilitation Agency, India’s media & entertainment industry is expected to reach $30.9 billion by 2024. `
In addition, the contribution of market players such as Duncan Print Group, Gorham Printing Inc., and Labelink by adopting various strategies such as expansions, acquisitions, and collaborations to further drive the market growth during the forecast period. For instance, in September 2022, Weedon PSC invested in a Weipong flexo printer, prompted by the requirement to increase print capacity to meet the demand for packaging to support growth in the e-commerce industry as well as developments towards more sustainable packaging. The machine prints both sides in one pass four colors on one side, and two on the reverse, making it ideal for e-commerce packaging and retail-ready packaging with printing inside the box.
Browse the full report description of “Commercial Printing Market Size, Share & Trends Analysis Report by Type (Digital Printing, Offset Lithography, Flexography, LED UV, and Large Format), and by Application (Packaging, Publishing, Newspaper, Magazines, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/commercial-printing-market
Apart from this, in April 2022, Koenig & Bauer expanded its unit in Würzburg, Germany. The company provides, folding cartons to corrugate commercial printing that supports customers' requirements in the flexographic marketplace. The additional features provided by flexographic printers include special colors, coatings, as well as adhesives and die-cutting, and unique custom ink chambers that are quick, easy to use and provide outstanding print quality results.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Duncan Print Group, Gorham Printing Inc., LSC Communications US, LLC, Quad/Graphics, Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Commercial Printing Market Report Segment
By Type
By Application
Global Commercial Printing Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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