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COVID-19
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The global commercial printing market reached a value of US$ 740 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are 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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial printing market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, technology, print type, and application.
Breakup by Technology:
Breakup by Print Type:
Breakup by Application:
Breakup by Region:
The report has also analyzed the competitive landscape of the market with some of the key players being Quad/Graphics Inc., Dai Nippon Printing, ACME, RR Donnelley & Sons (RRD), Westrock, Quebecor World Inc., Toppan Co. Ltd, TC Transcontinental Inc., Cimpress, Taylor Communications, HH Global, Lagardere SCA, etc.
Report Coverages:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2020 |
| Historical Period | 2015-2020 |
| Forecast Period | 2021-2026 |
| Units | US$ Billion |
| Segment Coverage | Technology, Print Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | Quad/Graphics Inc., Dai Nippon Printing, ACME, RR Donnelley & Sons (RRD), Westrock, Quebecor World Inc., Toppan Co. Ltd, TC Transcontinental Inc., Cimpress, Taylor Communications, HH Global and Lagardere SCA |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global commercial printing market was valued at US$ 740 Billion in 2020.
The sudden outbreak of the COVID-19 pandemic had negatively impacted the market growth as the implementation of stringent lockdown regulations across several nations resulted in temporary closures of various printing facilities and disrupted raw material supply chains.
We expect the global commercial printing market to exhibit stable growth during 2021-2026.
The growing demand for high-quality paper by several enterprises for diverse advertising and branding purposes, represents one of the factors driving the global commercial printing market.
Based on the technology, the market has been bifurcated into lithographic printing, digital printing, flexographic printing, screen printing, gravure printing, and others, where lithographic printing currently accounts for the largest segment.
Based on the print type, the market has been segmented into image, painting, pattern, and others. Amongst these, image currently holds the largest market share.
Based on the application, the market has been categorized into packaging, advertising, and publishing. Currently, packaging exhibits a clear dominance in the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global commercial printing market include Quad/Graphics Inc., Dai Nippon Printing, ACME, RR Donnelley & Sons (RRD), Westrock, Quebecor World Inc., Toppan Co. Ltd, TC Transcontinental Inc., Cimpress, Taylor Communications, HH Global, Lagardere SCA, etc.
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