Industry Analysis & Industry Trends
The Printing industry has been hit hard over the past five years, as consumers have increasingly received information via online platforms rather than via printed materials. This trend has led to a decline in demand for the services of professional printers. Online media continues to encroach into the domain of book, newspaper, magazine and directory publishers. As digital technology has progressed, the printed word has proven slow to produce and costly to distribute. Consumers and businesses have increasingly traded and conducted business online without using printed materials. As a result, industry revenue is estimated to fall at a compound annual rate of 5.2% over the five years through 2014-15. Revenue is forecast to drop by 4.6% in 2014-15, to reach $7.1 billion... purchase to read more
Industry Report - Industry Products Chapter
Printing companies produce a range of printed publications, including books, magazines, newspapers and directories. Firms in the industry also print non-publication materials, and provide digital and screen printing services. Products and services are divided based on the proportion of revenue that each segment generates.
Publication printing services
Printed publications such as books, magazines, newspapers and directories are the industry's largest product segment. This segment also includes printed publication material such as catalogues, brochures, leaflets, periodicals, sheet music and posters. Some publishers still print in-house, but outsourcing their printing requirements typically reduces operating costs... purchase to read more