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.
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.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Duncan Print Group, Gorham Printing Inc., LSC Communications US, LLC, Quad/Graphics, Inc., and others.
Commercial Printing Market Report Segment
By Type
- Digital Printing
- Offset Lithography
- Flexography
- LED UV
- Large Format
By Application
- Packaging
- Publishing
- Newspaper
- Magazines
- Others
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Commercial Printing Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ABC Imaging
- Acme Printing
- Bertelsmann Printing Group USA
- Cenveo Worldwide Ltd.
- Dai Nippon Printing Co., Ltd.
- Duncan Print Group
- Fastsigns International Inc.
- Gorham Printing Inc.
- LSC Communications US, LLC
- Mimeo
- Quad/Graphics, Inc.
- Quebecor World Inc.
- Prodoc Solutions
- RR Donnelley & Sons Co.
- The Magazine Printing Co.
- The Ups Store Inc.
- Toppan Inc.
- Transcontinental Inc.
- Vista
- WestRock Co.
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