Revolutionizing Print: The Surging Growth and Unstoppable Evolution of Commercial Printing
The U.S. Commercial Print market is poised for significant growth, with an expected annual increase of 24%, reaching a valuation of $80 billion by 2030. This growth is primarily driven by advancements in digital printing, offering print category managers an array of opportunities to optimize their print strategies for efficiency, cost-effectiveness, and sustainability. But with this rapid evolution, a critical question arises: Are category managers adapting fast enough to capitalize on these changes, or are they at risk of being left behind? The Shift from Offset to Digital Printing: A Wake-Up Call? Offset printing remains relevant, projected to grow at a modest rate of 0.8% over the next five years. It continues to be the preferred choice for high-volume runs of brochures, flyers, direct mail, and point-of-purchase materials. But the real disruptor is digital printing, surging at a rate of 5.7% annually. If digital printing offers shorter runs, faster turnarounds, and high customization, why are some companies still hesitant to make the transition? Could traditional thinking and outdated procurement strategies be hindering growth and efficiency? Print category managers must reassess their supply chain and consider whether clinging to old methods is costing their company more than it’s saving. Key Growth Drivers in the Printing Industry: Opportunities or Challenges? 1. Customization and Personalization: Is Your Strategy Keeping Up? Consumers expect more tailored experiences, and brands are leveraging digital print technology to create customized marketing materials, direct mail campaigns, and variable data printing solutions that enhance engagement. The question print category managers need to ask: Are you providing your stakeholders with the flexibility they need to harness the power of hyper-personalization? If not, what’s stopping you? 2. Packaging and Large Format Printing: The Next Frontier? Packaging remains one of the fastest-growing segments in commercial print. High-quality, digitally enhanced packaging solutions are not just about aesthetics—they drive consumer engagement and sales. Likewise, large format printing for banners, signage, and trade show displays is on the rise. Are you aligned with suppliers that can deliver these innovative solutions efficiently, or are legacy partnerships holding you back from tapping into these high-growth opportunities? 3. Cost-Effectiveness of Print vs. Digital: Are You Measuring the Right Metrics? While digital marketing is on the rise, print remains a highly cost-effective option for businesses looking to achieve high engagement rates. Studies show that print advertising outperforms digital ads in trust, recall, and engagement. But are your procurement metrics aligned with these realities, or are digital biases leading to misallocated budgets? Sustainability and Eco-Friendly Printing Practices: A Competitive Advantage? With sustainability now a corporate mandate for many businesses, category managers must go beyond basic eco-friendly options and rethink their entire supply chain strategy. Forest Replenishment Programs: Are you prioritizing suppliers committed to sustainable forestry? Integrated Recycling Initiatives: Do your print partners have circular economy solutions in place? Use of Sustainable Inks and Materials: Are you leveraging the latest advancements in biodegradable substrates and soy-based inks? Sustainability isn’t just a trend—it’s a competitive differentiator. How proactive is your team in making it a strategic priority? Blending Print with Digital: The Future Is Here—Are You Ready? The integration of print and digital technologies is no longer optional. Augmented reality (AR) print campaigns, QR code integrations, and on-demand printing services are not just innovations; they are becoming industry standards. How well-equipped are your partners to support these hybrid solutions? Are you enabling your stakeholders to experiment with cutting-edge print-digital strategies, or is your procurement framework too rigid to embrace change? RPI can help. Conclusion: Action or Stagnation? For print category managers, these industry shifts present a clear choice: evolve with the trends or risk falling behind. Digital print advancements, sustainability, and integration with digital technologies are no longer just possibilities—they are imperatives. Now is the time to challenge outdated procurement models, build agile supplier relationships, and drive forward-thinking print strategies. Are you leading the transformation, or are you waiting to be disrupted? Let RPI help – contact an RPI Project Manager Source: https://www.wtpbiz.com/printing-industry-statistics