Global Commercial Printing Market Report 2020-2025
The new report by Expert Market Research titled, â€˜Global Commercial Printing Market Size, Share, Price, Growth, Report and Forecast 2020-2025â€™, gives an in-depth analysis of the global commercial printing market, assessing the market based on its segments like technology, print types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porterâ€™s Five Forces models.
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The key highlights of the report include:
Market Overview (2015-2025)
â€¢ Historical Market Size (2019): USD 730 billion
â€¢ Forecast CAGR (2020-2025): 2.24%
â€¢ Forecast Market Size (2025): USD 834 billion
The increasing advertising needs of companies worldwide, along with the substantial growth in technology, are the main drivers of market development. Commercial printers are being embraced increasingly by organisations because the printing process is more cost-effective and reliable. Another significant factor driving the market growth is the wide use of high-quality printed packaging content for advertisement and branding. Although e-books and e-journals are gaining popularity among customers, paperback books and magazines are widely being adopted in comparison with their digital counterparts due to their comfort and convenience. Commercial vendors are also increasing their services in terms of media and document management services, which will likely enable organisations to improve their distribution and promotion capabilities in both, print and non-print materials.
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The major technologies of commercial printing can be divided as follows:
â€¢ Lithographic Printing
â€¢ Digital Printing
â€¢ Flexographic Printing
â€¢ Screen Printing
â€¢ Gravure Printing