Industry Analysis & Industry Trends
The Printing industry has been hit hard over the past five years. Consumers have increasingly received information via online platforms over this period, 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 to be slow to produce and costly to distribute. Consumers and businesses have increasingly traded and conducted business online without the aid of 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... purchase to read more
Industry Report - Starting a New Business Chapter
The industry exhibits moderate barriers to entry and this trend has remained stable over the past five years. Barriers to entry typically vary by product segment. Large established companies can benefit from economies of scale and scope. However, it is possible for new players to enter the industry and compete with relatively low costs. The cost of printing equipment and technology has dropped over the past five years, particularly due to the development of digital printing technology.
In the commercial contract printing segment, barriers to entry can be relatively high, as large investments are required to set up printing facilities and a critical mass of initial contracts is required... purchase to read more