Commercial Printing Industry Profile

Companies in this industry engage in printing on apparel and textile products, glass, metal, paper, and plastic; they may also provide lithographic, gravure, screen, flexographic, digital, and letterpress services. Major companies include Cenveo, Quad/Graphics, and RRD (all based in the US); as well as Bertelsmann (Germany); Cimpress (the Netherlands); DNP Group and Toppan Printing (Japan); and TC Transcontinental (Canada).

The global commercial printing industry generated nearly $740 billion in annual revenue in 2022, according to Research Reports World. The market is expected to have an annual growth rate of 2.3% between 2022 and 2028, according to Valuates Reports. North America is expected to hold a significant commercial printing market share due to the early adoption of advanced printing technology by countries like the US and Canada.

The US commercial printing industry includes about 25,000 companies with combined annual revenue of about $83 billion. Companies in the industry may print books or periodicals, but book, magazine, and newspaper publishing are covered in separate industry profiles.

COMPETITIVE LANDSCAPE

Amid lower overall print volumes and reduced revenue, the commercial printing industry is expected to consolidate as smaller players are less able to make the necessary investments in digital print and marketing services, and other technologies necessary to survive.

Demand is driven by advertising and product needs of business customers. The profitability of individual companies is closely linked to effective sales operations. Large companies have scale advantages ...