Press release
Exploring the Global Support Activities For Printing Market: A Comprehensive Overview
The support activities for printing market size is expected to see steady growth in the next few years. It will grow to $33.68 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to continued transition to digital printing, advancements in 3d printing, customization and personalization trends, focus on efficiency and automation, expansion of packaging printing.. Major trends in the forecast period include security printing demand, remote printing services, supply chain resilience, digital textile printing, cloud-based printing solutions, integration of augmented reality (ar) and qr codes..
Market Overview -
Support activities for printing refer to a set of activities for generating books, labels, business cards, stationery, newspapers, and other materials, as well as supporting tasks. These activities are essential to the printing industry, and they nearly always provide a product that is essential to the printing industry (a printing plate, a bound book, or a computer disk or file).
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The Surge In Enterprise Advertising And Its Impact On The Support Activities For Printing Market
The growing advertising needs of enterprises are expected to propel the growth of the support activities for printing market going forward. Advertising is a marketing strategy that involves paying for space to advertise a product, service, or cause. Advertisements, or just ads for short, are the real commercial messaging. Advertising is printed in hard copy in various media, such as newspapers, magazines, brochures, and direct mail. So, an increase in the need for advertising expands the support activities for the printing market. For instance, in April 2022, according to an article shared by the International News Media Association, a US-based global community of market-leading news media companies, the expenditure on advertising in print newspapers grew globally last year by 4.8%. In Germany, 89% of newspaper revenue comes from print. 64% of Folha de S. Paulo's (a Brazil-based daily newspaper) advertising revenue in Brazil comes from print. Therefore, the growing advertising needs of enterprises are driving the growth of the support activities for printing market.
Competitive Landscape -
Major companies operating in the support activities for printing market report are Dai Nippon Printing Co. Ltd., Deluxe Printing Group Inc., RR Donnelley, Ennis Inc., Hallmark Cards Inc., Bowne and Co. Inc., Cenveo Inc., FedEx Corporation, Japs-Olson Company, M&F Worldwide Corporation, Matlet Group LLC, Merrill Corporation, Office Depot LLC, Pitney Bowes Inc., Schawk Inc., Standard Register Company, Cimpress N.V., InnerWorkings Inc., Multi-Color Corporation, Rengo Co. Ltd., Shenzhen Sunshine Laser & Electronics Technology Co. Ltd., Taylor Corporation, The Bureau of Engraving and Printing, The C.J. Group of Companies, Dingley Press Inc., Garvey Group, Hennegan Company, John Roberts Company, The Marsid-M&M Group, Standard Group plc, Vomela Specialty Company, Toppan Printing Co. Ltd., Transcontinental Inc. .
Innovative Product Launches Reshape The Landscape Of Support Activities For Printing Market
Product innovations are the key trend gaining popularity in the support activities for printing market. Major companies operating in the support activities for printing market are focused on developing innovative products to strengthen their position in the market. For instance, in January 2022, Carbon Inc., a US-based 3D printing technology company, launched the M-Series 3D printers, leveraging the next generation of DLS (Digital Light Synthesis) printing. The next generation of Carbon printers will come in two models, the M3 and the M3 Max, that will provide an advanced end-to-end idea-to-production platform when paired with the Carbon Design EngineTM and Carbon DLS materials. Faster printing, simplified printer operations, reliable parts, easy installation, and a larger build area are just some of the essential characteristics of the system.
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Key Segments -
The support activities for printing market covered in this report is segmented -
1) By Type: Pre-Press Services, Post-Press Services
2) By Organization size: Small Enterprise, Medium Enterprise, Large Enterprise
3) By Application: Household, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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