Global Commercial Printing - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

The Global Commercial Printing industry has faced significant challenges recently, driven largely by the rapid shift to digital media. Demand for the industry's key products, such as newspaper and magazine subscriptions, has consistently declined. The rise of digital alternatives has siphoned off readers and advertisers, resulting in substantial decreases in revenue and inhibiting profit. While growth in customers from emerging markets has provided some relief, their growth hasn't been sufficient to offset losses in more developed regions.

Trends and Insights

• The shift to digital media has significantly hurt global commercial printers.
• With advertisers and consumers moving online, traditional print services such as mailers and periodical inserts have experienced declining revenue, contributing to the industry's downturn. Commercial printing is losing steam as digital alternatives gain traction.
• Despite lithographic printing's efficiency in mass production, the segment's revenue share has dropped, driven by the growing preference for digital printing methods. Printers tend to be located near population centers.
• For this reason, North Asia, North America and Europe contain the vast majority of establishments. Price is a major basis of competition.
• Printers must also be able to deliver a range of high-quality products and services that cater to many industries.

Industry Overview

Industry revenue has declined at a CAGR of 3.6 % over the past five years, to reach an estimated $331.2bn in 2024.

Trends and Insights

Digital competition has constrained sales Printers produce printed goods for the publishing sector (e.g. books, newspapers, magazines) along with banknotes, packaging, labeling, calendars, catalogs, business forms and checkbooks.

Industry outlook (2024-2029)

Market size is projected to decline over the next five years.

Trends and Insights

• Growing global online access will continue to threaten growth
• The primary source of companies' revenue moving forward will be growing sales volumes of traditional printed publications in countries such as India and China. As access to digital substitutes continues to grow in these countries, sales of printed products will fall.