The Magento 2 orders have a request status that is connected with a state in the request handling stream.
One can make custom request status in Magento 2 whenever required.
For instance, a custom request status "printed". When the administrator prints out the pressing slip, the request status is changed to "printed".
Rather than doing it physically, one can Magento 2 change order status programmatically.
For more information, visit : https://meetanshi.com/blog/change-order-status-programmatically-in-magento-2