Commercial Printing Market

Analysts at GMI Research estimates that the Commercial Printing Market was worth USD 460.4 billion in 2022, and forecast to touch USD 518.6 billion in 2030, growing at a CAGR of 1.5% from 2023-2030.

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Market Dynamic

Key Drivers and Emerging Trends

The global commercial printing market is anticipated to grow at a significant rate during the forecast period. The strong demand for promotion materials, especially in the food, retail, and beverages sector, is one of the key drivers that is contributing to the growth of the commercial printing market size. Retail business is targeting their customers by implementing different marketing strategies which involves print advertising. For instance, the “Food and Wine” magazine is witnessing rapid growth across its brand with the introduction of improved print products. Through its publication of its April 2020 California Wine print issue, the company was able to attract a large number of advertisers, which included Ford, LG Signature Series, Silversea Cruises, Sub Zero, and other companies. This factor is opening new doors for the growth of the commercial printing market share in terms of revenue.

The introduction of eco-friendly practices with an aim to decrease the impact of the printing sector on the environment is further driving the market growth. The market is witnessing various changes in processes and activities, such as slowly being replaced by sustainable systems. Numerous initiatives are being introduced for printing industries in order to reduce their impact on the environment. For instance, the introduction of vegetable inks, which are made from vegetable oils. Moreover, the commercial printing houses are also shifting towards using recycled paper in their processes. In March 2020, Verso Corporation launched the Velocity, a coated value web paper ideal which can be used for commercial web offset printing applications such as direct mail, lightweight mailing, high-end retail inserts, catalogs, and others. The commercial printing market report states that the strong demand for advertising and packaging print processes, particularly in developing economies such as Japan, China, and India, is another factor that is responsible for the market growth.

Restraint in the Commercial printing Market

As per the commercial printing market analysis, the decreasing unit selling prices and the reducing sales of commercial printers are the two major factors that are likely to hamper the growth of the market over the coming years.

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Type – Segment Analysis

Based on the type, the inkjet segment is predicted to dominate the market during the forecast period. The increasing awareness related to remarkable benefits offered by inkjet devices, such as helps in reducing two to four toner devices to one inkjet device, requires less staff, and others, is one of the major factors that is boosting the segment’s growth.

Application – Segment Analysis

Based on the application, the advertising segment is projected to dominate the market during the forecast period. The increasing requirement for advertising, especially in enterprises, followed by the rapid technological advancements in commercial printers are the two major factors that are propelling the growth of the market. Digital advertising is gaining traction for commercial printing in the advertising sector. In addition to this, Soft signage is also becoming popular, which in turn, has surged the demand for giant 5m wide prints or less. For example, Canon Solution America entered into a partnership with DGI USA, a leading manufacturer with deep roots in dye sublimation. The main objective of the partnership was to combine the DGI’s highly productive printers with its support services. The new DGI Dye sublimation printers, which include DGI FTI-3204X, DGI POSEIDON, and other printers are being highly preferred by print service providers who are focusing on expanding their business into soft signage.

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Regional – Segment Analysis

Based on the region, Asia-Pacific region is expected to dominate the global commercial printing market during the forecast period. With the changing lifestyle of individuals, there has been a drastic increase in the demand for commercial printers, such as in India, Thailand, Vietnam, and other countries. As per the Confederation of Indian Industry (CII), India is projected to become the fifth-largest consumer market by the end of 2025. This factor is likely to have a positive impact on the growing demand of the market. Moreover, the leading players in Japan are emphasizing on introducing product offerings, such as inkjet printers. In 2019, Fujifilm Holdings Corporation launched inkjet printer component which has software and core parts that are necessary for commercial and package printing applications.

Top Market Players

Various notable players operating in the market include Quad/Graphics Inc., ACME Printing, Cenveo Worldwide Limited, Transcontinental Inc., Dai Nippon Printing Co. Ltd., R.R. Donnelley & Sons​ Company, TOPPA PRINTING CO., LTD., Vistaprint, Ennis Inc.​, and Taylor, among others. 

Key Developments:

• • In 2020, Transcontinental Inc., acquired Artisan Complete Limited, one of the leading specialist in the creation of retail environments, point-of-purchase displays, and large format printing. Through this acquisition, the company aim to expand their in-store marketing product printing vertical.
  • In 2020, R.R. Donnelley & Sons​ Company entered into a partnership with Microsoft Store to offer technological-support, end-to-end creative services, and print collateral services, thus heling the brands to improve the in-store engagement.
  • In 2019, Dai Nippon Printing Co. Ltd., launched a new dye-sublimation digital photo printer1, known as DP-QW410. This product expanded their product offering and can be used for a photo booth, ID photo sessions, and event photographers.

Segments Covered in the Report:

The global Commercial printing market has been segmented based on type, application, and regions. Based on type, the market is segmented into offset lithography, inkjet, flexographic, screen, gravure and other types. Based on Application, the market is segmented into packaging, advertising, publishing and other applications. 

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Key questions answered in this research report:

• • At what pace is global commercial printing market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in commercial printing market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global commercial printing market?
  • Which type generated maximum revenues in 2021 and identify the most promising type during the forecast period?
  • What are the various application areas of global commercial printing market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2022)	USD 460.4 billion
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Quad/Graphics Inc., ACME Printing, Cenveo Worldwide Limited, Transcontinental Inc., Dai Nippon Printing Co. Ltd., R.R. Donnelley & Sons Company, TOPPA PRINTING CO., LTD., Vistaprint, Ennis Inc., and Taylor; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Commercial Printing Market Segmentation

Global Commercial printing Market by Type

• • Offset Lithography
  • Inkjet
  • Flexographic
  • Screen
  • Gravure
  • Other Types

Global Commercial printing Market by Application

• • Packaging
  • Advertising
  • Publishing
  • Other Applications

Global Commercial printing Market by Region

• • North America Commercial printing Market (Option 1: As a part of the free 25% customization)

    • By Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Commercial printing Market (Option 2: As a part of the free 25% customization)

    • By Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Commercial printing Market (Option 3: As a part of the free 25% customization)

    • By Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Commercial printing Market (Option 4: As a part of the free 25% customization)

    • By Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Commercial printing (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Quad/Graphics Inc.
  • ACME Printing
  • Cenveo Worldwide Limited
  • Transcontinental Inc.
  • Dai Nippon Printing Co. Ltd.
  • R. Donnelley & Sons Company
  • TOPPA PRINTING CO., LTD.
  • Ennis Inc.
  • Taylor
  • Vistaprint