Overview and Scope
Print advertising is a sort of marketing in which advertisements are distributed through various print media channels such as newspapers, magazines, and journals in order to reach a larger target audience and capture their attention when they read particular publications. The purpose of print advertising is to influence a reader to buy an advertised product, either physically in a store or digitally on a company’s website.
Sizing and Forecast
The print advertising distribution market size has grown steadily in recent years. It will grow from $30.43 billion in 2023 to $31.7 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to print dominance in marketing, established print infrastructure, circulation reach, reader engagement, advertising revenues.
The print advertising distribution market size is expected to see steady growth in the next few years. It will grow to $36.74 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to integrated print-digital strategies, print-commerce integration, niche audience targeting, localized and hyper-targeted ads, collaboration with digital channels. Major trends in the forecast period include augmented reality (ar) in print ads, qr codes and interactive elements, storytelling and editorial-like content, specialized magazine inserts, local print advertising campaigns.
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Segmentation & Regional Insights
The print advertising market covered in this report is segmented –
1) By Type: Newspaper Advertising, Magazine Advertising, Posters and Banners, Other Types
2) By Industry: Retail, Electronics and Telecommunications, Insurance and Finance, Automotive, Other Industries
3) By Provider: Large Enterprise, Small and Medium Enterprise
North America was the largest region in the print advertising market in 2023. Western Europe was the second largest region in the print advertising market. The regions covered in the print advertising market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The huge population that subscribes to newspapers and magazines drives the print advertising market. According to the American Press Institute survey, a majority of newspaper subscribers also pay for a print magazine, which is one of the most popular publication types with good scope for ads. According to the Magazine Media Factbook 2022, the total audience across print and digital grew to 222.2 million readers in 2021. People of all ages read newspapers and magazines that are the mainstay of these print advertisements. However, the majority of the subscribers who pay for newspaper subscriptions are older adults and long-time readers. They find it easy to read newspapers as it provides them the leisure to read as per their timetable and also that they use significantly fewer digital applications and spend less time on gadgets. This factor contributes to the growth of the print advertising market.
Key Industry Players
Major companies operating in the print advertising market include Canon Solutions America Inc., DGI USA Inc., Gannett Co. Inc., Valassis Communications Inc., R.R. Donnelley & Sons Company, Axel Springer SE, Pearson plc, Sensory Interactive Inc., Valassis Direct Mail Inc., Soft Signage Inc., News Corp, Bertelsmann Printing Group, Transcontinental Inc., Anchor Electricals Pvt. Ltd., CAYK Marketing Inc., DeSantis Breindel Inc., Digital Ink Printing Inc., Lewiston Water Power Company, Carlsbad Manufacturing Corporation, LVMH Moët Hennessy Louis Vuitton SE, Pfizer Inc., Nestlé S.A., Prestige Cruise Holdings Inc., D.A. Stauer Ltd., Colony Brands Inc., Direct to Door Marketing Inc., BBDO Worldwide Inc., Ogilvy & Mather International Holdings Inc., DDB Worldwide Communications Group Inc., Grey Group Inc., McCann Worldgroup LLC, Leo Burnett Worldwide Inc.
The print advertising market report table of contents includes:
1. Executive Summary
2.Print Advertising Market Characteristics
3.Print Advertising Market Trends And Strategies
4.Print Advertising Market analysis
5.Print Advertising Market Size And Growth
6. Print Advertising Segmentation
7.Print Advertising Regional And Country Analysis
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27.Print Advertising Competitive Landscape And Company Profiles
28.Print Advertising Key Mergers And Acquisitions
29.Print Advertising Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Canon Solutions America Inc.
- DGI USA Inc.
- Gannett Co. Inc.
- Valassis Communications Inc.
- R.R. Donnelley & Sons Company
- Axel Springer SE
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