According to the latest report by IMARC Group, titled “GCC Commercial Printing Market Size: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The GCC commercial printing market size reached US$ 7.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.82% during 2023-2028.
Commercial printing represents the systems and technologies that can transfer artwork and print onto a piece of cardboard or paper in bulk volumes. They can be categorized into lithographic printing, digital printing, flexographic printing, screen printing, gravure printing, and others. These commercial printing solutions save time, help in improving design details, offer high-quality printing, and prove extremely beneficial in producing flyers, books, posters, magazines, and other materials that are utilized for promotional purposes. Consequently, they find extensive applications across various sectors in GCC, such as packaging, advertising, publishing, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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GCC Commercial Printing Market Trends:
The growing publishing and printing segment and the increasing establishment of large corporate organizations are among the key factors driving the GCC commercial printing market. In addition to this, the development of inkjet, gravure, and electrophotography print technologies is acting as another significant growth-inducing factor. Apart from this, the shifting preferences of consumers from traditional offset to state-of-the-art digital high-speed technology, owing to its higher efficiency and reduced costs for color prints, are also positively influencing the market across the country.
Moreover, the emerging trend among several printing houses of using eco-friendly printing processes that reduce waste and use less energy, on account of the rising environmental concerns, is further augmenting the market growth. Besides this, the escalating adoption of bulk printing procedures by numerous organizations for their cost-effectiveness and efficiency and the introduction of faster presses and new color and toner technology that allows enhanced production capabilities are expected to propel the GCC commercial printing market over the forecasted period.
GCC Commercial Printing Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has been examined along with the profiles of the key players.
The report has segmented the market on the based on region, technology, print type and application.
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:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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