15 Largest Commercial Printing Companies in the World
We will be discussing the 15 biggest commercial printing companies worldwide in this article. Skip the industry overview and jump straight to the 5 of the Largest Commercial Printing Companies Worldwide
Commercial printing produces many printed materials. These include books, posters and catalogs, as well as direct mail marketing materials. Businesses that want to reach their target market with effective branding and advertising need commercial printing services. Offices can print any document at high speeds without losing quality with a commercial printer. The printing industry’s profits have been in a state of recovery since the Great Recession, but since its end in June 2009, print markets have continued to flourish. This was especially true in 2018 and beyond.
GrandViewResearch reported that the global market for commercial printing was $489.63 billion by 2022. This number is projected to increase at a Compound Annual growth Rate (CAGR), of 2.8% between 2023-2030. Businesses and enterprises are increasingly looking for printed advertising materials like brochures and pamphlets. This is driving demand for commercial printing services. The commercial printing market is now in interesting territory. Players who modernize their businesses will be the leaders. Digital printing is also growing. In fact, it’s expected to jump from 17.2% of the industry in 2021 to 21.6% by 2026. These numbers indicate that R&D for digital printing will become a major focus across the industry.
The demand for commercial printing in the packaging sector has grown due to the growth of online shopping. Numerous businesses now use packaging to highlight the best features of their products. These companies eventually invested in high-tech commercial printers. For instance, in October 2022, Comexi, a flexible packaging service provider, announced the launch of Digiflex, a machine designed for flexible packaging and label converters to print variable data such as QR codes, data matrix variable codes, barcodes, alphanumeric text, and other numbering & marking applications.
Our Methodology
After reviewing their size, growth prospects, product portfolio and operations, we chose the 15 largest commercial printers in the world to be included on this list. In order to give our readers a clearer picture, we ranked the companies according to their market capitalization. We used a revenue multiplier of 1.5x to estimate the market capitalization of private companies on the list.
15. Quad/Graphics, Inc. (NYSE:QUAD)
Market Capitalization: $272.39 millions
Quad/Graphics, Inc., NYSE:QUAD, is an American commercial printer that offers management and marketing strategy services. It is based in Sussex, Wisconsin. The company was founded as a printing business on July 13, 1971. It has since expanded its marketing services by leveraging its strong print foundation in order to assist marketers and content creators with improving the effectiveness and efficiency of their marketing spend across both offline and online media channels.
The company paid down its debt in 2022, and since then has reduced its net debt by $489million or 47% over 3 years. Quad/Graphics, Inc., (NYSE:QUAD), ended 2022 at 2.16x debt leverage, exceeding guidance of approximately 2.25x. This was its lowest leverage level since 2018. The company expects to have paid off $564m in debt by the end 2023. This represents a 55% decrease in debt from January 1, 2020.
14. Vomela Companies
Estimated Market Capitalization: $510 Million
The Vomela Companies are a full-service specialty graphics provider comprising of a vast network of graphic specialists capable of producing a wide variety of promotional, store décor, event, fleet, OEM, commercial, and transportation graphics. Vomela Companies provides services such as design, prototyping or project management. They also offer production, fabrication, installation, kitting and packaging throughout the United States and Canada.
13. Raksul Inc. (TYO:4384)
Market Capitalization: $570 millions
Raksul Inc., TYO:4384 is a Japanese company which operates an online printing platform that provides a variety printing services to businesses of any size. The company was founded in Japan in 2009 and has its headquarters in Tokyo. Customers can compare prices from various printing companies to find the best deal.
12. Fort Dearborn Company
Market Capitalization Estimated: $613.5 Million
Fort Dearborn Company, a commercial printing firm, is a leader in high-impact decorative labels. It serves the private label/retail, spirits, and beverage markets. With approximately 1400 employees, the company’s headquarters is in Illinois. It has twelve divisions operating in North America.
11. Elanders AB (STO:ELAN-B)
Market Capitalization: $689 Million
Elanders AB, STO:ELANB, is a Swedish company providing supply chain management and print and packaging solutions to businesses from a wide range of industries. Founded in 1907 and headquartered in Mölnlycke, Sweden, Elanders has approximately 7,000 employees in some 20 countries on four continents and annual net sales of over EUR 1.3 billion. The United States, Brazil, Germany and China are the top priority markets for Elanders.
Chain supply management for the company involves managing the entire supply cycle process for clients, starting with procurement and ending with delivery. Its print and packaging solutions include design and printing as well as packaging services. These include books, brochures labels and packaging for consumer products. Elanders AB, STO:ELANB) offers B2B markets. It also sells photo products directly through its own brands, fotokasten or myphotobook.
10. TungKong Inc. (SHE:002117)
Market Capitalization: $770 millions
Tungkong Inc., (SHE:002117), is a China-based printing company that specializes on security printing services. Established in 1993, the company has grown to be a leader in secure printing solutions for many industries, including banking, finance and healthcare. The company operates 8 production bases throughout China, alongside 4 R&D centers in the Beijing, Shanghai, and Guangzhou regions.
9. Cimpress plc – NASDAQ:CMPR
Market Capitalization $862.58 millions
Cimpress plc (NASDAQ CMPR) is an American-Irish-domiciled business that invests in and runs a variety of businesses that make use of mass customization to produce small quantities of custom goods. Founded in 1995 in France under the name Vistaprint, the company later changed its name to Cimpress to reflect its growing range of businesses and products, which include customized, accessible, and affordable print, signage, apparel, gifts, identity merchandise, packaging, and other related products.
Cimpress plc (NASDAQ CMPR) serves more than 17,000,000 customers annually. It uses a proprietary platform, the “Cimpress Mass Customization Platform”, which allows for rapid and efficient production.
8. Transcontinental Inc. (TSE:TCL.A)
Market Capitalization: $1 Billion
TC Transcontinental, also known by Transcontinental Inc. TSE:TCL.A), a Canadian printing company that offers a wide range of services to North American businesses. It offers offset printing, digital print, and flexible printing. In addition to offering packaging solutions like folding cartons, flexible packing, and shrink sleeves as well as media and marketing services such as content creation and distribution and digital media service.
7. Shantou Dongfeng Printing Co., Ltd.
Market Capitalization: $1.21 trillion
Shantou Dongfeng Printing Co., Ltd. is a printing firm based in Shantou, China. It specializes in the production and distribution of printed products and packaging materials. It was established in 1998 and has been a major provider of printing services to clients from many industries. It offers a variety of printing services including paperboard packaging and corrugated boxes, gift box, boxes, bags, labels, as well as custom-made printed products. This is primarily for trademarks on cigarettes. It uses the most advanced printing technology and techniques in order to guarantee that its products meet the exact needs of its customers.
Shantou Dongfeng Printing Co., Ltd. (SHA-601515) provides printing services. However, its clients can also get design and packaging solutions.
6. Multi-Color Corporation
Market Capitalization: $3.3Billion
Multi-Color Corporation, formerly known as WS Packaging Group, is a premier global resource of packaging services and decorating solutions that ranks as one of the biggest label companies in the world in the following market segments: Beverage, Wine & Spirits, Food & Dairy, Personal Care & Beauty, Home Care & Laundry, Healthcare, Durables & Technical and Automotive & Chemicals. With multiple facilities in the U.S., Mexico and Canada, Multi-Color Corporation has more than 50 years of experience in packaging and printing.
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Disclosure. None. 15 of the Top Commercial Printing Companies Worldwide This article was originally published by Insider Monkey.