What Fueled Printing Market?
The printing market has seen considerable growth due to a variety of factors.
• The size of the printing market has witnessed robust growth in the past few years. Its size is projected to increase from $339.57 billion in 2024 up to $357.8 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.4%.
The growth experienced during the historic period can be credited to factors such as expansion in the publishing industry, the demand for packaging, the state of global economy, environmental regulations, and shifts in consumer preferences.
What are the Forecasted Growth and Key Factors of the Printing Market?
The printing market is expected to maintain its strong growth trajectory in upcoming years.
• We envisage consistent expansion in the printing market in the upcoming years, with a projection of reaching $423.75 billion in 2029, boasting a compound annual growth rate (CAGR) of 4.3%.
Sustainable printing practices, e-commerce packaging, smart packaging, the effect of remote work, as well as health and safety concerns, all contribute to this anticipated growth in the said period. The expected trends within this period consist of improvements in 3D printing, digital printing, print personalization, the incorporation of augmented reality (AR), smart printing solutions, as well as hybrid printing technologies.
Which Key Drivers Are Propelling Th Printing Market's Growth?
The printing market is anticipated to expand due to the increasing demand for packaging in the e-commerce sector. E-commerce retailers, who are growing in number, frequently use custom printed packages. For example, the U.S. Census Bureau, a U.S. government agency, reported that U.S. retail e-commerce sales for Q3 2022 reached $265.9 billion, marking a 3% growth from Q2 2022. In the same timeframe, total retail sales rose by 9.1%, and e-commerce sales for Q3 2022 grew by 10.8% compared to Q3 2021. Therefore, the burgeoning e-commerce market is likely to stimulate the need for printing, subsequently fueling the market's growth in the anticipated period.
How Is the 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
Subsegments:
1) By Commercial Printing: Digital Printing, Offset Printing, Flexographic Printing, Gravure Printing, Lithographic Printing
2) By Commercial Screen Printing: Textile Screen Printing, Industrial Screen Printing, Graphic Screen Printing, Electronic Screen Printing
3) By Books Printing: Hardcover Book Printing, Paperback Book Printing, On-Demand Book Printing, Large Print Book Printing
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What New Trends Are Influencing the Printing Market?
The rise in technological innovations is a prominent trend observed in the printing industry. Prominent players in the market are directing their energies towards the introduction of novel technologies to establish an edge over their competitors. To illustrate, Markem-Imaje, a company based in Switzerland that specializes in the production and supply of traceability and variable data for the packaging sector, launched an IoT-powered platform known as MiVista in 2022. This platform provides a range of autonomic and helpdesk printer services. The platform stands out for its purpose of simplifying and streamlining regular coding procedures across all printers. Additional perks encompass self-reliance, automated risk monitoring, and superior remote diagnostic capabilities amongst others.
Who Are the Key Players in the Printing Market?
Major companies operating in the printing market include:
• 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.
• Cenveo Corporation
• Vistaprint NV
• Electronics for Imaging Inc.
• OKI Data Corporation
• ENNIS Inc.
• Raksul Inc.
• The Vomela Companies
• 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
What Is The Most Dominant Region In The Printing Market?
Asia-Pacific was the largest region in the printing market in 2024. North America was the second largest region in the printing market. The regions covered in the printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
