Global Commercial Printing Services Market Report 2022: Growing Business Advertising Needs Drive Industry – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Commercial Printing Services Market Report 2022” report has been added to from ResearchAndMarkets.com offer.

The global commercial printing services market is expected to grow from $633.67 billion in 2021 to $647.23 billion in 2022 at a compound annual growth rate (CAGR) of 2.14%. The commercial printing services market is expected to reach $711.23 billion in 2026 at a CAGR of 2.39%.

Asia-Pacific was the largest region in the commercial printing services market in 2021 and is expected to be the fastest growing region during the forecast period. Regions covered in the Commercial Printing Services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle- East and Africa.

The growing advertising needs of businesses around the world are driving the growth of commercial printing services. Advertising helps businesses reach the right audience with positive, targeted messaging that converts potential customers into paying customers and also helps reach the right audience with targeted messaging that converts potential consumers into repeat customers. Therefore, a company around the world has adopted different consulting mediums to grow their business and approach the target audience.

According to the report published by the World Advertising Research Center (WARC), in 2019, traditional media, such as radio, television, cable and satellite, print media and billboards, accounted for 53.3% of all ad spend spent worldwide. Furthermore, according to the Pitch Madison Advertising Outlook Report 2022, India’s print advertising spend increased by 39% to 16,595 crore in 2021 from 11,925 crore the previous year. Hence, the growing advertising needs of businesses across the globe will increase the demand for commercial printing services over the forecast period.

Green commercial printers are a key trend that is gaining popularity in the commercial printing services market. Commercial printing service providers adopt green commercial printers that use environmentally friendly paper, inks, varnishes and chemicals, as well as reducing and reusing waste.

For example, in January 2021, Solopress, a UK-based company, announced the launch of a new range of eco-friendly printing products called Solopress Green. The new line includes a variety of high quality items printed on types of recycled paper. In addition, all carbon emissions are offset by financing climate-related projects. Customers can generate an outstanding suite of eco-friendly promotional stationery and printed matter with options such as business cards, flyers and leaflets, postcards, greeting cards and stickers, as well as additional products planned for the future.

Additionally, in September 2019, Seiko Epson Corporation released Epson’s EcoTank printer, a refillable ink tank that can print up to a year’s worth of pages before needing to be replaced. As soon as the ink is low, the consumer can refill the reservoir rather than buying a new cartridge. As a result, there is less physical waste, which has less environmental impact. The printer and refill bottles are made from recyclable materials.

Scope

Covered markets:

1) By type of printing: offset lithographic printing; digital printing ; flexographic printing; Print Screen; gravure printing; Other types of printing

2) By type of printing: image; Paint; Pattern; Other types of printing

3) By application: advertising; Periodicals; catalogs; office products; Directories; Labels and packaging

Main topics covered:

1. Summary

2. Characteristics of the commercial printing services market

3. Commercial Printing Services Market Trends and Strategies

4. Impact of COVID-19 on Commercial Printing Services

5. Commercial Printing Services Market Size and Growth

6. Commercial Printing Services Market Segmentation

7. Regional and Country Analysis of Commercial Printing Services Market

8. Asia-Pacific Commercial Printing Services Market

9. China Commercial Printing Services Market

10. India Commercial Printing Services Market

11. Japan Commercial Printing Services Market

12. Australia Commercial Printing Services Market

13. Indonesia Commercial Printing Services Market

14. South Korea Commercial Printing Services Market

15. Commercial Printing Services Market in Western Europe

16. UK Commercial Printing Services Market

17. Commercial Printing Services Market in Germany

18. Commercial printing services market in France

19. Eastern Europe Commercial Printing Services Market

20. Russia Commercial Printing Services Market

21. North America Commercial Printing Services Market

22. United States Commercial Printing Services Market

23. South America Commercial Printing Services Market

24. Commercial Printing Services Market in Brazil

25. Middle East Commercial Printing Services Market

26. Africa Commercial Printing Services Market

27. Commercial Printing Services Market Competitive Landscape and Company Profiles

28. Key Mergers and Acquisitions in the Commercial Printing Services Market

29. Commercial Printing Services Market Future Outlook and Potential Analysis

30. Annex

Companies cited

  • Quad/Graphics Inc.

  • Dai Nippon Printing Co. Ltd.

  • ACME Printing Inc.

  • Quebecor World Inc.

  • Toppan Printing Co.Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/z2uru4

Majorie T. Leonard