Commercial Printing Market size to grow by USD 49.89 billion from 2022 to 2027, Vendor Consolidation to be a major market trend - Technavio

NEW YORK, May 5, 2023 /PRNewswire/ -- The commercial printing market is estimated to grow by USD 49.89 billion from 2022 to 2027. The market is estimated to be growing at a CAGR of 2.49% during the forecast period. The packaging sector has experienced a significant growth due to the COVID-19 pandemic in 2020, which has resulted in an increased demand for food packaging to ensure the safety of consumers. The growth rate is also attributed to factors such as the global shift in demographics, which changes consumer behaviour and preferences. This will be leading to an increase in demand for packaged food. The growing urban population results in high demand for packaged food, and the surge in online purchases has further strengthened the global packaging market, particularly for foldable cartons. Hence, the packaging industry's expansion will have a positive impact on the growth of the global commercial printing market during the forecast period. For Comprehensive details on the market size of historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Commercial Printing Market - Vendor Landscape
The commercial printing market is fragmented; the vendors are competing with competitors and are trying to get greater market share. The market is growing, and chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning, technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Company Profiles

The commercial printing market report includes information on the product launches, sustainability, and prospects of leading vendors including ACME printing, Bertelsmann SE and Co. KGaA, Cenveo Corp., Cimpress Plc, Dai Nippon Printing Co. Ltd., Ennis Inc., Gorham Printing Inc., LSC Communications LLC, O Neil Printing, Print Direction Inc., Print Logistic Sp. z.o.o., Quad Graphics Inc., RR Donnelley and Sons Co., SG360 degree, Taylor Label, The Enfield Printing Co., Toppan Inc., Transcontinental Inc., Vivendi SE, and WestRock Co.

Commercial Printing Market - Market Dynamics

Major Challenges- 

• The growth of the commercial printing market faces a major challenge by overcapacity and price pressure.
• This highly fragmented and fiercely competitive market faces specific hurdles with vendors such as Quad Graphics and Cenveo reporting that the industry's reduced output has resulted in surplus manufacturing capacity, thereby exacerbating the downward pressure on prices.
• Moreover, the surplus capacity has compelled vendors with larger printers to adopt more efficient equipment in order to achieve economies of scale and gain access to capital markets. This is due to the shift in demand and during the forecast period, these vendors will also explore consolidating acquisition opportunities to eliminate excess, inefficient, or underutilized capacity and reduce overall costs.
• Hence, all of such factors are likely to have an adverse impact on the market's growth during the forecast period.

Key Trends-

• A key trend of vendor consolidation impacts the growth of the market during the forecast period.
• Market vendors aim to consolidate their businesses during the forecast period, beyond just offering print products and services. They expand their services to include areas such as media services, digital technology, managed services, and logistics.
• Furthermore, typically, vendors procure materials for printing, and at times, the materials are supplied by the client, which then, they print and post the printed materials, including co-mailing.
• But some vendors, such as LSC Communications expand into the logistics aspect of the supply chain. Commercial printing vendors will consolidate into an end-to-end print product and services market, by forward integration.
• Hence, this strategy is expected to drive market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will
help clients improve their strategies to stay ahead of their competitors. - View Sample
Report

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others.

Commercial Printing Market - Market Segmentation

This report extensively covers market segmentation by service (print services and other services), application (packaging, advertising, publishing, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The market share by the print services segment is significant during the forecast period. The global commercial printing market offers a wide range of print services, catering to the printing requirements of companies, including stationery, brochures, books, magazines, labels, envelopes, and flyers, which are highly effective tools for attracting and engaging customers and prospective clients. The printing services are offered through various printing techniques, including surface printing, digital printing, screen printing, and gravure printing. The major vendors in the market focus on retaining existing customers by bundling services, primarily printing and distribution services, rather than acquiring new ones. Hence, such factors drive the segment growth during the forecast period.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global commercial printing market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global commercial printing market 2017 - 2021 ($ billion)

• 4.2 Service Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Service

• 6.1 Market segments
• Exhibit 30: Chart on Service - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Service - Market share 2022-2027 (%)

• 6.2 Comparison by Service 
• Exhibit 32: Chart on Comparison by Service
• Exhibit 33: Data Table on Comparison by Service

• 6.3 Print services - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Print services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Print services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Print services - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Print services - Year-over-year growth 2022-2027 (%)

• 6.4 Other services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Other services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Other services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Other services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Other services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Service 
• Exhibit 42: Market opportunity by Service ($ billion)
• Exhibit 43: Data Table on Market opportunity by Service ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 44: Chart on Application - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 46: Chart on Comparison by Application
• Exhibit 47: Data Table on Comparison by Application

• 7.3 Packaging - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Packaging - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Packaging - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Packaging - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Packaging - Year-over-year growth 2022-2027 (%)

• 7.4 Advertising - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Advertising - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Advertising - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Advertising - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Advertising - Year-over-year growth 2022-2027 (%)

• 7.5 Publishing - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Publishing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Publishing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Publishing - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Publishing - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 64: Market opportunity by Application ($ billion)
• Exhibit 65: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027 
• Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ billion)
• Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 ACME printing
• Exhibit 119: ACME printing - Overview
• Exhibit 120: ACME printing - Product / Service
• Exhibit 121: ACME printing - Key offerings

• 12.4 Bertelsmann SE and Co. KGaA 
• Exhibit 122: Bertelsmann SE and Co. KGaA - Overview
• Exhibit 123: Bertelsmann SE and Co. KGaA - Business segments
• Exhibit 124: Bertelsmann SE and Co. KGaA - Key news
• Exhibit 125: Bertelsmann SE and Co. KGaA - Key offerings
• Exhibit 126: Bertelsmann SE and Co. KGaA - Segment focus

• 12.5 Cimpress Plc
• Exhibit 127: Cimpress Plc - Overview
• Exhibit 128: Cimpress Plc - Business segments
• Exhibit 129: Cimpress Plc - Key offerings
• Exhibit 130: Cimpress Plc - Segment focus

• 12.6 Dai Nippon Printing Co. Ltd. 
• Exhibit 131: Dai Nippon Printing Co. Ltd. - Overview
• Exhibit 132: Dai Nippon Printing Co. Ltd. - Business segments
• Exhibit 133: Dai Nippon Printing Co. Ltd. - Key offerings
• Exhibit 134: Dai Nippon Printing Co. Ltd. - Segment focus

• 12.7 Ennis Inc.
• Exhibit 135: Ennis Inc. - Overview
• Exhibit 136: Ennis Inc. - Product / Service
• Exhibit 137: Ennis Inc. - Key offerings

• 12.8 LSC Communications LLC 
• Exhibit 138: LSC Communications LLC - Overview
• Exhibit 139: LSC Communications LLC - Product / Service
• Exhibit 140: LSC Communications LLC - Key offerings

• 12.9 O Neil Printing
• Exhibit 141: O Neil Printing - Overview
• Exhibit 142: O Neil Printing - Product / Service
• Exhibit 143: O Neil Printing - Key offerings

• 12.10 Print Direction Inc.
• Exhibit 144: Print Direction Inc. - Overview
• Exhibit 145: Print Direction Inc. - Product / Service
• Exhibit 146: Print Direction Inc. - Key offerings

• 12.11 Quad Graphics Inc.
• Exhibit 147: Quad Graphics Inc. - Overview
• Exhibit 148: Quad Graphics Inc. - Business segments
• Exhibit 149: Quad Graphics Inc. - Key offerings
• Exhibit 150: Quad Graphics Inc. - Segment focus

• 12.12 RR Donnelley and Sons Co. 
• Exhibit 151: RR Donnelley and Sons Co. - Overview
• Exhibit 152: RR Donnelley and Sons Co. - Business segments
• Exhibit 153: RR Donnelley and Sons Co. - Key offerings
• Exhibit 154: RR Donnelley and Sons Co. - Segment focus

• 12.13 Taylor Label
• Exhibit 155: Taylor Label - Overview
• Exhibit 156: Taylor Label - Product / Service
• Exhibit 157: Taylor Label - Key offerings

• 12.14 Toppan Inc.
• Exhibit 158: Toppan Inc. - Overview
• Exhibit 159: Toppan Inc. - Business segments
• Exhibit 160: Toppan Inc. - Key offerings
• Exhibit 161: Toppan Inc. - Segment focus

• 12.15 Transcontinental Inc. 
• Exhibit 162: Transcontinental Inc. - Overview
• Exhibit 163: Transcontinental Inc. - Product / Service
• Exhibit 164: Transcontinental Inc. - Key offerings

• 12.16 Vivendi SE
• Exhibit 165: Vivendi SE - Overview
• Exhibit 166: Vivendi SE - Business segments
• Exhibit 167: Vivendi SE - Key offerings
• Exhibit 168: Vivendi SE - Segment focus

• 12.17 WestRock Co.
• Exhibit 169: WestRock Co. - Overview
• Exhibit 170: WestRock Co. - Business segments
• Exhibit 171: WestRock Co. - Key news
• Exhibit 172: WestRock Co. - Key offerings
• Exhibit 173: WestRock Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
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SOURCE Technavio