TBRC's Commercial Printing Market Report Sees The US Reach Almost $68 Billion Last Year
The Business Research Company's commercial printing industry outlook provides focus on any major region you want to study for the best business growth opportunity.
LONDON, May 31, 2022 /PRNewswire/ -- The global printing market size is expected to grow from $311.53 billion in 2021 to $322.43 billion in 2022 at a compound annual growth rate (CAGR) of 3.5%. The printing market is expected to grow to $350.2 billion in 2026 at a CAGR of 2.1%.
The global printing market is segmented by type into commercial printing (except screen and books), commercial screen printing, books printing, by technology into flexography printing, rotogravure printing, digital printing, offset printing, others, by application into packaging, advertising, publishing, others. The commercial printing industry outlook specifically measures that the US commercial printing market size reached a value of nearly $67.85 billion in 2021.
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US Commercial Printing Market Players
PRINTING United Alliance, National Association of Printing Ink Manufacturers (NAPIM) , Printing Industries of America (PIA), and National Print Owners Association (NPOA) are the major associations for the commercial printing market in the USA.
R.R. Donnelley & Sons Company (RRD) , Taylor Corporation , Quad , Orora North America , Democrat Printing & Lithographing , Cedar Graphics Inc , Transcontinental Inc , Company Folders Inc , LSC Communications , Custom Magnets Direct , Online Print-Shop , Printing Center USA , DNP America LLC , and Pfl Tech Inc are the major companies for the commercial printing market in the USA.
Just this month in May 2022, the administration of U.S. President Joe Biden has launched the AM Forward program, meant to further spur the growth of additive manufacturing (AM) in the country. The program will see the U.S. government and giant multinationals support 3D printing initiatives, small-and-medium sized enterprises (SMEs) in various ways.
Commercial Printing Industry Overview
The commercial printing market consists of sales of commercial printing services by entities (organizations, sole traders and partnerships) that are engaged in commercial printing on purchased stock materials, such as stationery, invitations, labels, and similar items, on a job order basis. Commercial printing refers to any printing services for business purposes, which are intended to be sold commercially.
- Commercial printers produce a wide variety of products including brochures, announcements, books, booklets, magazines, posters, stationery, business forms, invitations, flyers, newsletters, catalogs, portfolios and others, printed on paper, textile products, metal, glass, plastic and other materials.
- These printed products help organizations/companies support their marketing, advertising, retail, and publishing activities.
- Commercial printing involves converting a design for a printed image into a carrier such as a screen, cylinder, or plate, which is referred as the pre-press stage. This stage involves different typesetting and composition, photography, color separation and preparing the carrier. The actual printing process is carried out in the press stage where the printer uses ink to transfer a digital product into a printed format. The printed materials are finally assembled and finished in the post-press stage.
- The commercial printing market covered in this report includes revenues of entities offering different commercial printing technologies such as lithographic printing, digital printing, flexographic printing, screen printing, gravure printing and other technologies.
- The commercial printing market covered in this report includes revenues of entities engaged in commercial printing for packaging, advertising, publishing and other applications.
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