Asia Pacific Commercial Printing Market Size to Reach US$ 302.8 Billion by 2028

PRESS RELEASE
Published February 23, 2023

 According to IMARC Group latest published report, the Asia Pacific commercial printing market size reached US$ 281.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 302.8 Billion by 2027, exhibiting a growth rate (CAGR) of 1.24% during 2022-2027.

Commercial printing represents the collection of services, including bulk printing, composition, layout designing, binding, and press productions. A commercial printer produces magazines, labels, catalogs, phone books, brochures, promotional materials, business forms, and training manuals. It consists of an ink replacer, fold-out tray, digital or analog control panel, paper feed, memory card reader, and a paper output tray. This device utilizes various printing technologies, such as lithographic, digital, screen, flexographic, gravure, etc. Commercial printing finds widespread applications across publishing houses and large organizations that use the service to operate their functions effectively.



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Asia Pacific Commercial Printing Market Trends:

The escalating advertising needs of enterprises across the region and the rising technological proliferation are among the primary factors driving the Asia Pacific commercial printing market. Besides this, the elevating demand for physical hardbound paperback books and magazines in place of e-books and e-journals, as they provide high comfort and convenience compared to their digital counterparts, is further augmenting the market growth.

Moreover, the extensive utilization of high-quality printed packaging material for branding and advertising and the increasing requirement for commercial printers by organizations, as they are efficient for bulk printing and more cost-effective, are also catalyzing the market across the Asia Pacific. Apart from this, the emerging trend of this technology in media and document management services that enable institutions to enhance their promotion and distribution capabilities for print and non-print materials is acting as another significant growth-inducing factor. Furthermore, green printers that use eco-friendly inks, paper, coatings, and chemicals and facilitate reducing and reusing waste are anticipated to propel the Asia Pacific commercial printing market over the forecasted period. 

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The report cover the below key market segments:

Breakup by Technology:

    • Lithographic Printing
    • Digital Printing
    • Flexographic Printing
    • Screen Printing
    • Gravure Printing
    • Others

Breakup by Print Type:

    • Image
    • Painting
    • Pattern
    • Others

Breakup by Application:

    • Packaging
    • Advertising
    • Publishing

Breakup by Country:

    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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