Printing And Related Support Activities Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
Printing and Related Support Activities refer to a collective term for all the activities such as producing newspapers, books, labels, business cards, stationery, and other items, as well as supporting tasks such as data imaging, platemaking, and bookbinding for educational and commercial purposes.

Sizing and Forecast
The printing and related support activities market size has grown steadily in recent years. It will grow from $383.69 billion in 2023 to $402.53 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to economic conditions, digitalization and online media, cross-media marketing.

The printing and related support activities market size is expected to see steady growth in the next few years. It will grow to $477.24 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to e-commerce growth, post-pandemic recovery, augmented reality (AR) and virtual reality (VR). Major trends in the forecast period include 3D printing, sustainability and eco-friendly practices, web-to-print solutions, sustainable printing, personalization and variable data printing, remote printing services, hybrid printing.

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Segmentation & Regional Insights
The printing and related support activities market covered in this report is segmented –

1) By Type: Printing, Support Activities For Printing
2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Other Technologies
3) By Application: Packaging, Advertising, Publishing, Other Applications

Subsegments Covered: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing

Asia-Pacific was the largest region in the printing and related support activities market in 2023. North America was the second largest region in the printing and related support activities market. The regions covered in the printing and related support activities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growth in the packaging industry across the globe drives the growth of printing and related support activities market. Printing and related support activities are used in packaging to add colors, text, and graphics to packaging supplies. Printing also helps to individual product and the brand behind it. For example, according to Smithers Pira, a UK based company that provides specialist testing, evaluation and accreditation services, the world packaging industry will reach $1.05 trillion by 2024. Also, according to Creative Print and Pack Pvt Ltd (CPP) Insights, an India based printing and packaging solution provider, the global packaging market is set to expand by almost 3% per annum from the year 2021, reaching over $1.2 trillion by 2028. Therefore, the rise in packaging industry leads is expected to drive the growth of the printing and related support activities market.

Key Industry Players
Major companies operating in the printing and related support activities market include Dai Nippon Printing Co. Ltd., Taylor Corporation, RR Donnelley, LSC Communications Inc., Shutterfly LLC, Quad/Graphics Inc., Ennis Inc., Japs-Olson Company, Gannett Co. Inc., Dai Nippon Printing Co. Ltd., Hewlett-Packard Company, Konica Minolta Inc., Brother Industries Ltd., Eastman Kodak Company, Lexmark International Inc., Electronics For Imaging Inc., MGI Digital Technology, Oki Data Corporation, Agfa Gevaert NV, Fujifilm Holdings Corporation, Komori Corporation, Cenveo Corporation, Cimpress plc, Landa Digital Printing, Transcontinental Inc., Deluxe Corporation, Multi-Color Corporation, Veritiv Corporation, Allen Press Inc., O’Neil Printing Inc.

The printing and related support activities market report table of contents includes:

1. Executive Summary
2.Printing And Related Support Activities Market Characteristics
3.Printing And Related Support Activities Market Trends And Strategies
4. Printing And Related Support Activities Market analysis
5.Printing And Related Support Activities Market Size And Growth
6.Printing And Related Support Activities Segmentation
7.Printing And Related Support Activities Regional And Country Analysis
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27.Printing And Related Support Activities Competitive Landscape And Company Profiles
28.Printing And Related Support Activities Key Mergers And Acquisitions
29.Printing And Related Support Activities Future Outlook and Potential Analysis

TOP MAJOR PLAYERS:

  • Dai Nippon Printing Co. Ltd.
  • Taylor Corporation, RR Donnelley,
  • LSC Communications Inc.
  • Shutterfly LLC
  • Quad/Graphics Inc.

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