There will be a moderate increase in growth in the global
print market across the next 5 years, as the industry adjusts
to new product demands, more flexible business models,
and a shift in geographic emphasis.
Smithers latest market report, ‘The Future of Global
Printing to 2024’ forecasts the global printing market value
will increase from $818 billion in 2019 to $874 billion by
2024, with a compound annual growth rate (CAGR) of 1.3% -
illustrating that value-adding potential still exists. Total print
volumes will remain constant at around 49.5 trillion A4
prints or equivalents, however.
The worldwide print industry remains in a stage of
transition, with an impetus to refocus on emergent market
opportunities, especially in packaging print, and those
segments where print service providers can adapt to deliver
higher value, shorter run work.
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