Industry Analysis & Industry Trends
The Printing industry has been hit hard over the past five years as consumers have increasingly received information through online platforms rather than printed materials. This trend has led to a sharp decline in demand for services that professional printers in the industry provide. Online media continues to encroach on the domain of newspaper, magazine, book and directory publishers. As digital technology has progressed, the printed word has proven slow to produce and costly to distribute. Consumers and businesses have therefore 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 3.8% over the five years through 2015-16 to reach $6.9 billion... purchase to read more
Industry Report - Industry Locations Chapter
Industry enterprises are generally located close to major downstream customers such as wholesalers, retailers, governments, publishers, manufacturers, professional service providers, finance companies and other businesses. Many firms in the industry tend to cater to localised markets due to the time-sensitive nature of printed publications. Customers often have same-day or next-day publication deadlines and these fast response times require printers to be located in close proximity to their major markets.
A large proportion of companies in the industry are therefore located in Victoria, New South Wales and Queensland, as population and economic activity levels tend to be greatest in these states... purchase to read more