An Overview of Global Print Market Statistics


Welcome to our article on the global print market! We’ll dive into key statistics, trends, and insights in this section. You’ll get a good look at this ever-changing industry.

The global commercial printing market is big and growing, reaching USD 494.53 billion in 2023. It’s projected to grow by 3.0% yearly from 2024 to 2030. This growth is thanks to businesses’ rising need for printing services around the world.

Businesses still love printed advertising like brochures and pamphlets, even as digital media takes over. Printing lets companies create personalized, tactile marketing items. This makes their messages stand out.

Printing technology has advanced a lot too. Things like faster presses and better color and toner tech have made printing faster and of higher quality. This has been another reason for the industry’s growth.

The rise of e-commerce has also had a big impact. E-commerce needs a lot of packaging and labeling. This has made packaging the biggest area for print, right after advertising and publishing.

Even though there are many small and medium-sized print shops, the market is wide open. There are chances for those in the field to focus on specific areas or regions. This makes the industry vibrant and full of opportunities.

In conclusion, the global print market is lively and full of changes. It’s vital for professionals in the field to keep up with trends and data. By doing this, they can make the most of the industry’s growth and changes.

Commercial Printing Market Size & Trends

The global commercial printing market has seen big growth lately. In 2023, it reached a value of USD 494.53 billion. It’s expected to keep growing by 3.0% each year from 2024 to 2030. The need for commercial printing has gone up because businesses want ads like brochures and pamphlets.

The world of packaging is a big reason for this growth. E-commerce has made packaging and labeling very important. Online shops need more and more of these services. This has opened new chances for commercial printers to shine by offering top-quality packaging.

Even with digital technology taking over, printing is still important. Physical materials like books offer experiences that digital can’t match. The sale of print books in the US grew by almost USD 68 million in 2021. People are also loving print-on-demand more. This has helped the printing market to grow.

But, there are hurdles too. The cost of materials like ink and paper keeps going up. Also, more people are turning to digital media, which could hurt the printing business.

Still, there’s a bright side for the market. More and more printing companies are going green. This is becoming very attractive as businesses and customers care more about the planet. The demand for eco-friendly printing is growing.

There are many types of printing, and packaging makes up most of the market revenue at over 53.87%. Advertising and publishing are also doing well. For example, the ad sector might see a 2.3% growth each year from 2024 to 2030. Print books are still very popular too.

To sum up, the commercial printing market is on a roll thanks to the need for ads, packaging, and printed books. Even though there are hurdles, like digital competition, there are great chances for growth. Things like going green and thriving application parts give hope for the future.

Market Concentration & Characteristics

The commercial printing market is made up of many small to medium-sized businesses. These businesses tend to focus on specific areas. For example, some might work mainly in packaging printing. This specialization helps them meet the exact needs of their customers.

Commercial printers have a wide range of equipment. This variety lets them offer prints that meet different quality and speed requirements. It also drives them to try to be more competitive in their pricing. Smaller print shops sometimes work together to tackle big challenges.

In the printing world, the largest share of business comes from packaging. This is because there are strict rules about how packaging must look. Digital printing, however, is growing the fastest. In North America, commercial printing is big for marketing and packaging. The U.S. is expected to see more growth thanks to new digital tech.

Europe’s commercial printing scene is also picking up, thanks to more business and marketing. The UK has a sizeable piece of the European printing pie, making up about a quarter of the market. This growth is also tied to a movement towards more eco-friendly printing.

Jade Parkin