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Report DescriptionAbout IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Global Print Advertising Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled "Global Print Advertising Market Report & Forecast 2023-2028," the global print advertising market size reached US$ 33.4 Billion in 2022.
Print advertising is a form of marketing that uses printed media to promote a product, service, or brand. This type of advertising can appear in newspapers, magazines, billboards, flyers, brochures, direct mail, and other printed materials. It is often used by businesses and organizations to reach a broad audience and communicate their message effectively.
Print advertising can be designed creatively with engaging, versatile, and visually appealing content and graphics to capture the target audience's attention. It is also inexpensive, tangible, and longlasting, as printed materials can be stored and referred back to over time. Apart from this, it is more targeted, with advertisements focused on specific publications or locations, due to which it is widely preferred by advertisers globally.
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Global Print Advertising Market Trends:
Extensive investments in print advertising by various businesses to create brand awareness, build trust, nurture relationships with existing customers, and compliment the brand's advertising campaigns on other channels are primarily driving the market growth. Besides this, the widespread employment of cross-media campaigns and targeted advertising by businesses to enhance the effectiveness of print ads and reach specific audiences are presenting remunerative growth opportunities for the market.
Moreover, the rising preference for print advertising due to its less intrusive nature than its digital counterparts, which allows readers to peruse advertisements at their convenience without interruption or imposed time limits, is aiding in market expansion. In addition to this, the significant expansion in the packaging industry is propelling the demand for printed packaging materials, such as labels, which, in turn, is creating a favorable outlook for the market.
Furthermore, the adoption of sustainable printing practices and eco-friendly materials, along with innovative advancements, such as digital printing technologies and improved paper manufacturing processes, are impelling the market growth. Concurrent with this, the implementation of diversified business models, strategic partnerships and collaborations between leading market players, shifting distribution channels, and the advent of convergent platforms are contributing to the market growth.