The major players in the market for support services are Quad, Bowne and Co. Inc. Cenveo Inc. Dai Nippon Printing Co. Ltd. Deluxe Printing Group Inc. RR Donnelley Ennis Inc. FedEx Corporation Hallmark Cards Inc.
New York, June 26, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Support Activities For Printing Global Market Report 2023” – https://www.reportlinker.com/p06464002/?utm_source=GNW
, Japs-Olson Company, M&F Worldwide Corporation, Matlet Group LLC, Merrill Corporation, Office Depot LLC, Pitney Bowes Inc., Schawk Inc., Sheridan, and The Standard Register Company.
Global support activities for print market will grow at a CAGR of 5.7% from $25.77 Billion in 2022 to 27.24 Billion in 2023. At least in the short-term, the Russia-Ukraine conflict has disrupted global economic recovery after the COVID-19 Pandemic. The conflict between Russia and Ukraine has caused economic sanctions to be imposed on many countries, an increase in commodity prices and disruptions in supply chains, which have led to inflation of goods and services across markets. Support activities for printing is expected to reach 32.13 billion dollars in 2027, with a CAGR 4.2%.
The market value includes goods and services sold by service providers or included in their service offerings.
The only items included are those that are sold or traded by entities between themselves, and not to consumers.
Support activities in printing are a group of tasks that include the production of books, labels and business cards as well as stationery, newspaper, newspapers and other materials. These activities are crucial to the industry and provide products that are necessary to it (a binding book, a printing plate or computer disk).
Asia-Pacific dominated the market for support activities of printing in 2022. The report on support activities for printing covers Asia-Pacific, Western Europe (including Eastern Europe), North America, South America and the Middle East & Africa.
Prepress services are the printing support activities that refer to the design of a print layout, and the execution of all processes necessary to produce the printed product.
The product is widely used in small and medium-sized businesses as well as commercial and household applications.
Advertisement is a form of marketing whereby a company pays for advertising space in order to promote their product, service, cause, etc.
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.
A rise in advertising will expand the activities of support for the printing industry. In April 2022, an article published by the International News Media Association – a global network of the leading news media firms – revealed that the worldwide expenditure on print advertising grew by 4.8% last year. In Germany, 89% (or a total of 12million) of the newspaper’s revenue is generated by print. 64% of Folha de S. Paulo’s (a Brazil-based daily newspaper) advertising revenue in Brazil comes from print. Therefore, growing advertising demands of enterprises drive the growth of support activities in the printing market.
The support activities market is characterized by a trend of product innovation. Major companies in this market focus on the development of innovative products in order to improve their market position.
Carbon Inc. (a US-based 3D Printing Technology Company) launched in January 2022 the M-Series 3D-printers, which leveraged the next-generation of DLS (Digital Light Synthesis). Carbon Inc. will launch two new models in 2022, the Carbon M3 and Carbon M3 max, which will combine the Carbon Design engineTM with Carbon DLS materials to provide a complete end-toend idea-toproduction platform. The system’s essential features include faster printing, simpler printer operations, reliable components, easy installation and a large build area.
Ennis Inc. – a US-based supplier of business forms, pressure seal forms, tags, labels and envelopes – acquired AmeriPrint Corporation in June 2021 for an undisclosed sum. This acquisition would add further skills and expertise to Ennis’ increasing product line, including barcoding and changeable imaging, and will give the company’s current offerings more depth. AmeriPrint Corporation provides business document print services from its US-based headquarters.
The support activities of the printing market report cover Australia, Brazil China France Germany India Indonesia Japan South Korea UK USA USA
Market value is the amount of revenue that an enterprise gains from selling goods or services in a specific market and geographic area, whether through grants, sales, or donations.
Revenues for a specific geography are the consumption values, which are the revenues generated by the organizations within that geography in the market. This is regardless of where the products are produced. This does not include revenue from resales in the supply-chain, whether further down the chain or as a part of another product.
This report provides a detailed analysis of the market for support activities in printing, as well as market trends, opportunities and market shares. This report provides an overview of all you need with a detailed analysis of both the present and future state of the industry.
Read the full report: https://www.reportlinker.com/p06464002/?utm_source=GNW
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