Future Of Printing Industry In 2022 And Beyond
The estimated value of the Global Commercial Printing Market was
$411.99 billion in the year 2020.
It is expected to value around
$472.35 billion by the end of 2026, with a CAGR of about 2.24 percent between
2021 as well as 2026. The printing
industry is expected
to grow drastically in the upcoming five years.
As per the most recent research
study, the pandemic situation has wreaked havoc on numerous global sectors,
including the print industry.
The difficulty of functioning
during the lockdown has had an impact on the operational hierarchy. While some
of the limitations may go away with time, others may have long-term consequences.
Commercial printing is handled
by about 25,000 businesses in America. It effectively brings in around $900
billion of revenue each year.
As a result, don’t go with the
rumor that “printing is dead.” It’s not at all true. Advanced print technology
has a bright future ahead, incorporating cutting-edge media as well as
communication waves that are unimaginable today.
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