Market Forecast By Type (Offset Lithography, Inkjet, Flexographic, Screen, Gravure, Other), By Applications (Packaging, Advertising, Publishing, Other) And Competitive Landscape
Product Code: ETC037446 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Commercial Printing market currently, in 2023, has witnessed an HHI of 1833, Which has increased slightly as compared to the HHI of 1831 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Commercial Printing Market |
Forecast period | 2024-2030 |
CAGR | 9.4% |
Growing Sector | Packaging Sector |
The India Commercial Printing Market Report thoroughly covers the market by type and application. The India Commercial Printing Market Outlook report provides an unbiased and detailed analysis of the ongoing India Commercial Printing Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India commercial printing market has immense potential to grow due to various drivers such as increasing demand for printed materials, growth of e-commerce platforms, the government's "Make in India" campaign, and growing literacy rates. The market will attain prominent growth in the near future owing to these driving forces.
According to 6Wresearch, the India Commercial Printing Market size is estimated to expand at a CAGR of 9.4% during 2024-2030. There are several drivers that are propelling the growth of the Indian commercial printing industry. The first driver is the increasing demand for printed materials, mainly packaging and labels. The Indian consumer market has experienced significant growth in the last decade, and with it, the demand for consumer goods with attractive packaging has increased. The growth of e-commerce platforms also generates demand for packaging materials. Additionally, the government's "Make in India" campaign has led to an increase in manufacturing activities, which means there is a growing requirement for packaging materials. Moreover, there is a growing demand for books in India due to an increase in literacy rates, leading to an increase in the demand for books. These factors are stimulating the India Commercial Printing Market Growth.
The key challenge is the high cost of imported printing equipment and technologies. The cost of printing equipment is high due to high customs and other taxes. Another challenge is the availability of skilled manpower in the printing industry. The industry needs skilled and trained manpower to produce high-quality printed materials. Finally, the industry is broadly categorized into two categories – organized and unorganized. The unorganized printing industry faces significant challenges in acquiring contracts and loans from banks due to their lack of compliance with accounting standards.
India's commercial printing market is composed of several players, both national and international. The key players in the Indian printing industry are Aditya Birla, J.K Paper, Amity Printing, Repro India Private Limited, and Shree Krishna Graphics. Aditya Birla is a global conglomerate with operations in the printing industry, while J.K Paper focuses on paper and packaging. On the other hand, Repro India Private Limited specializes in book printing, while Amity Printing has high-end printing capabilities with a focus on customer satisfaction.
The Indian government has introduced several initiatives to support the growth of the printing industry. The government has provided subsidies and incentives to promote investments in printing technology. Historically, the Indian Government has been supportive of the printing industry and has provided funding for the industry's development. The government has established print skill-training programs promoting training in the printing industry. The government has also held several international printing expos to introduce new technologies to the Indian market.
The Indian commercial printing industry is likely to experience significant growth in the future. The expanding middle class, urbanization, and the rise of the e-commerce industry are expected to fuel demand for packaging, advertising, and print management services. With continued innovation in printing technology, companies can offer personalized, cost-effective solutions tailored to meet customers' growing needs.
According to Moksh, Senior Research Analyst, 6Wreserach, offset lithography is one of the most commonly used printing methods in the commercial printing industry, with applications in newspapers, magazines, and other publications. Offset lithography has always been a prevalent printing method in the India Commercial Printing Market.
The market report thoroughly covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Commercial Printing Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Commercial Printing Market Revenues & Volume, 2020 & 2030F |
3.3 India Commercial Printing Market - Industry Life Cycle |
3.4 India Commercial Printing Market - Porter's Five Forces |
3.5 India Commercial Printing Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Commercial Printing Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Commercial Printing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Commercial Printing Market Trends |
6 India Commercial Printing Market, By Types |
6.1 India Commercial Printing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Commercial Printing Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 India Commercial Printing Market Revenues & Volume, By Offset Lithography, 2020 - 2030F |
6.1.4 India Commercial Printing Market Revenues & Volume, By Inkjet, 2020 - 2030F |
6.1.5 India Commercial Printing Market Revenues & Volume, By Flexographic, 2020 - 2030F |
6.1.6 India Commercial Printing Market Revenues & Volume, By Screen, 2020 - 2030F |
6.1.7 India Commercial Printing Market Revenues & Volume, By Gravure, 2020 - 2030F |
6.1.8 India Commercial Printing Market Revenues & Volume, By Other, 2020 - 2030F |
6.2 India Commercial Printing Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Commercial Printing Market Revenues & Volume, By Packaging, 2020 - 2030F |
6.2.3 India Commercial Printing Market Revenues & Volume, By Advertising, 2020 - 2030F |
6.2.4 India Commercial Printing Market Revenues & Volume, By Publishing, 2020 - 2030F |
6.2.5 India Commercial Printing Market Revenues & Volume, By Other, 2020 - 2030F |
7 India Commercial Printing Market Import-Export Trade Statistics |
7.1 India Commercial Printing Market Export to Major Countries |
7.2 India Commercial Printing Market Imports from Major Countries |
8 India Commercial Printing Market Key Performance Indicators |
9 India Commercial Printing Market - Opportunity Assessment |
9.1 India Commercial Printing Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Commercial Printing Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Commercial Printing Market - Competitive Landscape |
10.1 India Commercial Printing Market Revenue Share, By Companies, 2023 |
10.2 India Commercial Printing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |