Global Printing Market
Paper, Plastics, Rubber, Wood And Textile

Printing Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The printing market has experienced consistent growth, increasing from $356.84 billion in 2023 to $374.31 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. This growth in the historical period is linked to factors such as the expansion of the publishing industry, heightened packaging requirements, global economic conditions, adherence to environmental regulations, and evolving consumer preferences. Looking ahead to 2028, the market is expected to maintain steady growth, reaching $443.56 billion at a CAGR of 4.3%. The anticipated growth in the forecast period is attributed to the adoption of sustainable printing practices, the impact of e-commerce packaging, the integration of smart packaging, the influence of remote work, and a heightened focus on health and safety concerns. Key trends in this forecasted period encompass advancements in 3D printing, the prevalence of digital printing, personalization in printing, the integration of augmented reality (AR), the adoption of smart printing solutions, and the evolution of hybrid printing technologies.

The printing market is experiencing growth fueled by the rising requirement for packaging in e-commerce. With the expansion of e-commerce, custom-printed packages have become essential for retailers. Notably, data from the U.S. Census Bureau indicates a substantial increase in retail e-commerce sales during the third quarter of 2022, driving demand for printing services. As the e-commerce market continues to grow, the demand for printing is expected to rise, fueling market growth in the forecast period, reflecting anticipated market sizes for 2023, 2024, and 2028.

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What Are The Key Trends That Influence Printing Market Share Analysis?

Major companies operating in the printing market are increasing their focus on introducing multi-feature printers to gain a competitive edge in the market. Multi-feature printers refer to devices that combine several essential office functions into a single machine. For instance, in July 2023, HP Inc., a US-based technology company, launched a new series of LaserJet Pro printers that come with scan, print, and copy features. These printers are designed to be versatile and efficient, with wireless and automatic 2-sided printing capabilities. The printers have faxing capabilities as well, making them an excellent tool for businesses and individuals who require high-quality printing, scanning, copying, and faxing. The HP Smart app enables mobile printing and scanning, making the process even more convenient.

Which Market Players Are Driving Growth In The Printing Market?

Major companies operating in the printing market report are HP Inc., Canon Inc., Fujifilm Holdings Corporation, Bertelsmann SE & Co. KGaA, Ricoh Company Ltd., Toppan Inc., Dai Nippon Printing Co. Ltd., Konica Minolta Inc., Xerox Corporation, R.R. Donnelley & Sons, LSC Communications Inc., Quad/Graphics Inc., Gannett Co Inc., SHUTTERFLY Inc., Transcontinental Inc., The Crane Company, Cenveo Corporation, Vistaprint NV, Electronics for Imaging Inc., OKI Data Corporation, ENNIS Inc., Raksul Inc., The Vomela Companies, Pax Industries Inc., Xante Corporation, O’Neil Printing Inc., ACME Printing, The McClatchy Company, Print Direction Inc., Taylor Communications, Ryobi Limited, Screen Holdings Co. Ltd., Gallus Holding AG, Domino Printing Sciences plc, MGI Digital Technology

How Is The Global Printing Market Segmented?

The printing market covered in this report is segmented –

1) By Type: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing
2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Other Technologies
3) By Application: Packaging, Advertising, Publishing, Other Applications

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https://www.thebusinessresearchcompany.com/report/printing-global-market-report

The Printing Global Market Report 2024 provides an overview of the printingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The printing market forecast analyzes printing market size, printing market share, leading competitor and their market positions.

The Table Of Content For The Printing Market Include

1. Printing Market Executive Summary
2. Printing Market Segments
3. Printing Market Size And Template Market Growth Rate
4.  Key Printing Market Trends
5. Major Printing Market Drivers
……
25. Key Mergers And Acquisitions In The Printing Market
26. Top Printing Companies
27. Printing Market Opportunities And Strategies
28. Printing Market, Conclusions And Recommendations
29. Appendix

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