The Business Research Company’s latest report Print Advertising Global Market Report 2020 covers Print Advertising market drivers, Print Advertising market trends, Print Advertising market segments, Print Advertising market growth rate, Print Advertising market major players, and Print Advertising market size. The report provides in-depth analysis of the impact of COVID-19 on the Print Advertising industry, along with revised market numbers due to the effects of the coronavirus.
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Print Advertising Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global print advertising market is expected to decline from $39.30 billion in 2019 to $35.44 billion in 2020 at a compound annual growth rate (CAGR) of -9.82%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is expected to further decline and reach $30.8 billion in 2023 at a CAGR of -4.57%. Internet access, digital advertising, and an increase in the use of social media are acting as huge contributors to the decline in print production.
The report covers the Print Advertising market’s segments-
1) By Type: Newspaper Advertising, Magazine Advertising, Posters And Banners, Others.
2) By Industry: Retail, Electronics And Telecommunications, Insurance And Finance, Automotive,
Others.
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