COMMERCIAL PRINTING MARKET ANALYSIS

Commercial Printing MarketSize and Trends

The global commercial printing market size was valued at US$ 444.25 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 1.74% from 2023 to 2030. Growing demand from retail sector for packaging and labelling applications are fuelling growth of (CAGR) of 1.74% from 2023 to 2030. Moreover, key players are focusing on introducing eco-friendly printing technology is again propelling market growth. Furthermore, expanding e-commerce sector is expected to open new avenues for the global commercial printing market.

Global Commercial Printing Market Trends:

LED UV printing is a recent trend

LED UV printing is a newer method of commercial printing that uses ultraviolet light to cure the ink on a substrate. It is eco-friendly, and it can produce beautiful results without bleeding or fading. The printing industry is changing rapidly because of advancements in technology, such as computerized imaging and specialized inks for specific applications. These innovations are helping companies to print items faster and more affordably.

Increasing investment in printing technologies

Companies are investing in printing technologies to increase their reach and improve their marketing capabilities. They are also seeking to improve their order turnaround and uptime, which can lead to a greater customer base. This trend is likely to continue as more consumers seek to connect with their favorite brands and increase the personalization of products they buy. This can also benefit the global printing market as more businesses are able to offer customers more personalized products and services.