New York, January 21, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Printing and Related Support Activities – Global Market Report 2021: The Impact of COVID 19 and Recovery by 2030” – https: //www.reportlinker. com / p06009748 /? utm_source = GNW
$ 56 billion in 2020 to $ 328.26 billion in 2021 with a compound annual growth rate (CAGR) of 9.9%. The growth is mainly due to companies reorganizing their operations and recovering from the effects of COVID-19, which had previously resulted in restrictive containment measures that included social distancing, remote working and the cessation of commercial activities that created operational challenges . The market is projected to reach $ 362.02 billion in 2025 with an annual growth rate of 2%.
The printing and related support activities market consists of the sale of printing and related support activities by corporations (organizations, sole proprietorships, and partnerships) that print products such as newspapers, books, labels, business cards, stationery, business forms, and other materials. and perform support activities such as data imaging, platemaking services, and bookbinding. The market for printing and related support activities is divided into printing and support activities for printing.
Asia-Pacific was the largest region in the global printing and related support activities market, accounting for 34% of the market in 2020. North America was the second largest region, accounting for 29% of the global market for printing and related support activities. South America was the smallest region in the global printing and related support market.
The introduction of metal 3D and LED UV printing in the offline market for postpress and finishing services is developing rapidly. These save energy, have shorter lead times, are environmentally friendly, offer consistent quality and have a longer service life. These technologies enable printed products to be reprinted immediately and impress with a multitude of colors, even on uncoated material. For example, companies like Materialize NV, a 3D printing service provider and software developer, are investing heavily in metal 3D printing technologies.
Read the full report: https://www.reportlinker.com/p06009748/?utm_source=GNW
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