Jan 25, 2023

Dublin, IRELAND Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The "Commercial Printing Market" report has been added to ResearchAndMarkets.com's offering. The global commercial printing market size is expected to reach USD 574.12 billion by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth. The global increase in instances of commercial printing may be responsible for the market's optimistic growth potential. The main drivers of the market expansion at this time are the expanding advertising requirements of businesses worldwide and the rapid technological development. Commercial printers are being used by businesses more frequently since they are more economical and effective for printing in mass. Another important factor that promotes growth is the widespread usage of premium printed packaging for branding and advertising. Bulk printing, binding, composition, layout design, and press production are all included in the services referred to as commercial printing. Phone books, periodicals, labels, catalogs, brochures, business forms, advertising materials, and training manuals are just a few items a commercial printer can print. It has a memory card reader, paper output tray, fold-out tray, an ink replacement unit, digital or analog control panel, and a paper feed. It has several benefits in publishing and printing businesses as well as in big businesses that use the service to manage their operations efficiently. Another element boosting the market's expansion is the consistent desire for real, hardcover books. Although e-books and e-journals are becoming more popular among readers, paperback books and magazines are still thought to offer greater comfort and convenience than digital equivalents. Additionally, it is anticipated that green commercial printers, which support waste reduction and reuse by employing eco-friendly paper, inks, coatings, and chemicals, will fuel the industry's expansion. Commercial Printing Market Report Highlights Lithography printing led the industry in 2021, accounting for the largest revenue share. Because of the increasing demand for printing in packaging-related applications, this market is dominant. Numerous advantages of lithography technology, including consistent and outstanding picture quality, promote its increased use. Asia-Pacific emerged as the largest regional market in 2021. The majority of the blame for the regional expansion may be attributed to developments in the print sector, particularly in China and India, and using digital technologies. High-tech commercial printers have replaced conventional printers because of these innovations' high-speed capabilities. The global players include Quad/Graphics Inc., Cenveo, RR Donnelley, Transcontinental Inc., LSC Communications US, LLC., Gorham Printing, Inc., Dai Nippon Printing, The Magazine Printing Company, Cimpress plc, Quebecor World Inc., and Duncan Print Group. The publisher has segmented the commercial printing market report based on printing technology, application, and region: Commercial Printing, Printing Technology Outlook (Revenue - USD Billion, 2018 - 2030) Digital Printing Packaging North America