LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Commercial Printing Industry - Procurement Intelligence Report.
The inclusion of customized marketing messages in promotional and marketing strategies is serving as one of the prominent growth drivers in the commercial printing industry. This is creating a substantial demand for personalized printing content which is being catered by commercial printing companies that use digital printing technologies. Such technologies include VDP that enable customization of images, text, and graphics on each printed piece of their content. The steady prominence of the short-run self-publishing industry is resulting in high demand for digital printing because of its beneficial aspects such as order flexibility, optimized stock handling, and minimization of time-to-market for printed content. This will also significantly contribute to the commercial printing industry spend growth. Download the free sample of this commercial printing industry procurement intelligence report!
APAC will dominate the commercial printing industry in terms of regional spend share and is expected to continue contributing towards the spend growth of this industry during the forecast period. This is accredited to the improving literacy rates in APAC regions such as in India, which is increasing the demand for print media such as newspapers. This will result in an over 10% spend growth rate of the commercial printing industry in India. The scopes of growth of commercial printing companies are being limited because of the decreasing demand from the publishing industry. The trades book sector will continue creating demand for commercial printing in the US.
This commercial printing industry procurement intelligence report offers a detailed overview of the key cost drivers and category management insights that can aid in devising a sustainable procurement strategy. This report also highlights the current supply market developments to help the buyers choose the appropriate vendors who can promise a steady supply assurance along with quality solutions. Not what you are looking for? Request for personalization of this commercial printing industry procurement intelligence report.
“Buyers are advised to engage with suppliers that have well-documented standards and working procedures. These ensure the availability of printed products and services that are consistent with the industry standards in terms of quality,” says SpendEdge procurement expert Tridib Bora.
This commercial printing industry procurement intelligence report has highlighted the following factors to play critical roles in influencing category spend. They include:
- Increasing technology adoption is observed among service providers
- Rising demand for label and package printing
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SpendEdge’s procurement market intelligence reports for the marketing category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Commercial printing
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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Category definition
- Category hierarchy
- Category scope
- Category map
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- Global Opinion Polling Services Market - Procurement Intelligence Report
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