Printing Market Characteristics
The printing market consists of sales of printing by entities (organizations, sole traders and partnerships) that print products such as newspapers, books, labels, business cards, stationery, business forms, and other materials.
Competitive Landscape of the Printing Market
Major players in the global printing market include Quad/Graphics Inc, World Color Press Inc, Deluxe Corporation, Consolidated Graphics Inc, Elite Flyers.
Printing Market Size
The printing market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the printing market is due to increasing population and emerging markets.
However, the market for printing is expected to face certain restraints from several factors such as lack of available resources, increasing inventory levels, counterfeit products.
Printing Market Segmentation
The global printing market is further segmented based on type and geography.
By Type - The printing market is segmented into commercial printing (except screen and books), commercial screen printing, and books printing.
By Geography - The global printing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America printing market accounts the largest share in the global printing market.
Trends in the Printing Market
The use of digital inkjet printer is on the rise in this market due to its faster printing rate as compared to the traditional printers. Digital Inkjet Printer are the ones in which characters are formed from minute jets of prints. It is more efficient and reliable than the traditional printers used, is the major trends witnessed in the global printing market.
Potential Opportunities in the Printing Market
With emerging markets growth, technology development, the scope and potential for the global printing market is expected to significantly rise in the forecast period.