GCC Commercial Printing Market Will Surpass US$ 9.0 Billion by 2027 at 2.9% – Report By IMARC Group
According to the latest report by IMARC Group, titled “GCC Commercial Printing Market Size – Industry Trends, Size, Growth and Opportunity for 2022-2027” The GCC commercial printing market size reached US$ 7.5 Billion in 2021. IMARC Group projects that the market will grow in the future. US$ 9.0 Billion by 2027A high growth rate is evident (CAGR) of 2.9% during 2022-2027.
The systems and technologies used to transfer artwork onto large quantities of paper or cardboard are known as commercial printing. They can be classified as lithographic, digital, flexographic, screen, gravure, and other types. These commercial printing solutions are time-saving, improve design details, provide high-quality printing and can be used to produce flyers, books and posters as well as other promotional materials. They are therefore used in many sectors of the GCC such as packaging and publishing.
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GCC Commercial Printing Market Trends:
GCC’s growing publishing and printing industry and the rise of large corporate companies are key drivers for the market. Another important growth factor is the rapid development of gravure, inkjet and electrophotography printing technologies. The market is also being positively influenced by the shift in consumer preferences from traditional offset to digital high-speed technology. This is due to its higher efficiency, lower costs, and better color printing.
Due to the increasing environmental concerns, several printing houses are now using eco-friendly printing processes. These printing houses are also increasing market growth. In addition to this, many companies are adopting bulk printing processes for their cost-effectiveness as well as efficiency. Additionally, new technology and faster presses will allow for greater production capabilities. This is expected to drive the GCC commercial printing industry over the forecasted time.
GCC Commercial Printing Market, 2022-2027 Analysis & Segmentation
Competitive Landscape
Along with profiles of key players, the industry’s competitive landscape has been examined.
The market is segmented by geography, technology and print type.
Technology can help you break up
- Lithographic Printing
- Digital printing
- Flexographic Printing
- Screen Printing
- Gravure Printing
- Other
Print Type:
- Image
- Painting
- Muster
- Other
Application to Breakup
- Packaging
- Advertising
- Publishing
Breakup by country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Here are the key points of this report
- Market Performance (2016-2021).
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping the Competitive Landscape
If you require specific information not covered by the current report, we can offer it as part of the customization.
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