Additionally, with the introduction of digital media, it has been gradually replacing print form. The global recession has also reduced the advertising budgets and consumer spending on commercial printing, which is restraining the growth of the global market.
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The end users of commercial printing in Canada and the U.S. were early adopters of the technology. The countries of Europe have highly focused on developing eco-friendly processes and products, in order to create a sustainable environment. Hence, the governments in the European countries encourage the use of energy-efficient print solutions.
The increasing demand for advertising and packaging print processes in developing countries of Asia-Pacific, such as Japan, China, and India is supporting the growth of the Asia-Pacific commercial printing market.
Generally, offset technology is used in commercial printing; however the conventional offset technology has been changed to advanced digital high-speed inkjet technology.
The advanced digital high-speed inkjet technology offers more efficient and effective way, than offset technology for printing complex messages and mails. The inkjet technology also has better return-on-investment and provides reduced costs for color prints.
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Some of the competitors in the global commercial printing market are Lagardere SCA, Merrill Communications LLC, Donnelley & Sons Company, Transcontinental Inc., Bertelsmann SE & Co. KGaA, Dai Nippon Printing Co. Ltd., Cenveo Inc., and Quad Graphics Inc.
Global Commercial Printing Market Segmentation
By Print Technology
- Lithographic Print
- Digital Print
- Flexographic Print
- Screen Print
- Gravure Print
- Others
- Advertising
- Periodicals
- Catalogs
- Office Products
- Directories
- Labels and Wrappers
- Others
- North America
- Europe
- Asia -Pacific
- Rest of the World
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