Key Highlights
- The global print industry was valued at approximately $430 billion in 2021
- The U.S. print industry generated about $80 billion in revenue in 2022
- The packaging segment accounts for nearly 50% of the total print industry revenue
- Digital printing sales grew by approximately 7% annually from 2018 to 2022
- Approximately 65% of print jobs in North America are now digital
- The global demand for print books was around 750 million copies in 2022
- The commercial printing segment has seen a decline of about 2% per year since 2018
- The growth of online advertising has resulted in a 15% decrease in traditional print advertising revenues since 2019
- The average annual consumption of printed newspapers per capita in the U.S. has decreased from 500 to 180 issues since 2000
- The global graphic arts market, which includes print, is projected to reach $218 billion by 2025
- 80% of businesses still rely on business cards, despite digital alternatives
- The number of print menu installations in restaurants worldwide was approximately 2 million in 2020
- Eco-friendly and recycled paper products account for about 35% of the print industry’s material usage
Despite facing declines in traditional sectors, the global print industry is experiencing a remarkable transformation driven by digital innovation, sustainability efforts, and expanding markets in packaging and specialty printing.
Environmental Sustainability and Eco-Friendly Practices
- Eco-friendly and recycled paper products account for about 35% of the print industry’s material usage
- The average lifespan of a printed magazine is approximately 3 months, highlighting challenges in the modern digital age
- The use of environmentally friendly inks increased by 22% from 2017 to 2022
- The renewable paper segment within the print industry increased by 12% annually from 2018 to 2022
- The number of printed catalogs in circulation declined by 30% between 2018 and 2022, reflecting shifting marketing strategies
- The share of revenue generated from environmentally sustainable printing practices increased by 18% from 2019 to 2022
- The use of biodegradable inks in the print industry increased by 30% from 2019 to 2023
- According to industry surveys, about 70% of print industry professionals believe sustainability will be a key factor in future growth
- The production volume of recycled paper in the print industry increased by 14% between 2017 and 2022
Environmental Sustainability and Eco-Friendly Practices Interpretation
Market Size and Industry Valuation
- The global print industry was valued at approximately $430 billion in 2021
- The U.S. print industry generated about $80 billion in revenue in 2022
- The packaging segment accounts for nearly 50% of the total print industry revenue
- The global demand for print books was around 750 million copies in 2022
- The growth of online advertising has resulted in a 15% decrease in traditional print advertising revenues since 2019
- The average annual consumption of printed newspapers per capita in the U.S. has decreased from 500 to 180 issues since 2000
- The global graphic arts market, which includes print, is projected to reach $218 billion by 2025
- 80% of businesses still rely on business cards, despite digital alternatives
- The number of print menu installations in restaurants worldwide was approximately 2 million in 2020
- The global demand for labels and packaging printing is expected to increase at an annual rate of 4.5% through 2024
- The penetration of inkjet printers in commercial print shops reached 60% in 2021
- The adoption rate of automated finishing equipment in print shops has increased by 15% annually since 2019
- The global prepress segment is projected to grow at a CAGR of 3.8% through 2027
- The U.S. magazine industry experienced a circulation decline of approximately 20% from 2018 to 2022
- The global demand for UV-curable inks increased by 10% annually since 2020
- The adoption of RFID technology in print management systems has risen by 18% annually since 2020
- The global demand for large-format printing is projected to reach $16 billion by 2024
- The use of eco-solvent inks grew by 15% from 2019 to 2022
- The global market for specialty printing—such as foil stamping and embossing—is projected to grow at a CAGR of 4.2% through 2026
- The use of 3D printing technology in the print industry is rising with an annual growth rate of 19% since 2019
- The global market value for printed textiles is expected to reach $6.5 billion by 2025
- The number of jobs in the print industry in North America was approximately 480,000 in 2022
- The global demand for label printing is expected to grow at a CAGR of 4.8% through 2025
- The use of AI-driven print management systems increased by 22% from 2020 to 2023
- The offset printing segment accounted for about 60% of the global print market in 2022
- The number of print shops worldwide decreased by approximately 10% from 2018 to 2022 due to industry consolidation
- The global market for high-speed digital presses is expected to reach $2.2 billion by 2026
- The worldwide print-on-demand market is projected to grow at a CAGR of 9.5% through 2027
Market Size and Industry Valuation Interpretation
Regional Insights and Market Trends
- Approximately 65% of print jobs in North America are now digital
- The Asia-Pacific region holds approximately 40% of the global print industry market share
Regional Insights and Market Trends Interpretation
Segment Performance and Market Share
- Digital printing sales grew by approximately 7% annually from 2018 to 2022
- The commercial printing segment has seen a decline of about 2% per year since 2018
- The average cost for printing a full-color brochure in bulk is around $1.50 per piece
- The number of packaging print jobs printed digitally increased by 25% from 2019 to 2022
- Approximately 55% of print shops in North America have invested in automation tools as of 2023
- The market share of digital presses in commercial printing increased from 45% in 2018 to 70% in 2023
- The majority of print shops (around 65%) have adopted web-to-print solutions by 2023, enhancing order efficiency
- The average lifespan of a printed billboard is roughly 2-3 weeks before it needs replacing or updating
Segment Performance and Market Share Interpretation
Sources & References
- Reference 1STATISTAResearch Publication(2024)Visit source
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- Reference 4FESPAResearch Publication(2024)Visit source
- Reference 5PRINTINGResearch Publication(2024)Visit source
- Reference 6EMARKETERResearch Publication(2024)Visit source
- Reference 7PEWRESEARCHResearch Publication(2024)Visit source
- Reference 8GRANDVIEWRESEARCHResearch Publication(2024)Visit source
- Reference 9RECYCLING-MAGAZINEResearch Publication(2024)Visit source
- Reference 10MPAMAGResearch Publication(2024)Visit source
- Reference 11PRINTWEEKResearch Publication(2024)Visit source
- Reference 12GREENPRINTTECHResearch Publication(2024)Visit source
- Reference 13ISSUUResearch Publication(2024)Visit source
- Reference 14PRINTINGFORLESSResearch Publication(2024)Visit source
- Reference 15RFI-DEVELOPERResearch Publication(2024)Visit source
- Reference 16FREEDONIAGROUPResearch Publication(2024)Visit source
- Reference 17PRINTINGNEWSResearch Publication(2024)Visit source
- Reference 18INKSOLUTIONSResearch Publication(2024)Visit source
- Reference 19SUSTAINABLEPAPERResearch Publication(2024)Visit source
- Reference 20OUTDOORADVERTISINGResearch Publication(2024)Visit source
- Reference 21FORESIGHTResearch Publication(2024)Visit source
- Reference 22BLSResearch Publication(2024)Visit source
- Reference 23SUSTAINABLEPRINTResearch Publication(2024)Visit source
- Reference 24AI-IN-PRINTINGResearch Publication(2024)Visit source
- Reference 25PAPERRECYCLINGResearch Publication(2024)Visit source