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 Key Buyers Chapter
The industry displays a low market share concentration. The industry's four largest companies are estimated to account for less than 20% of total revenue in 2015-16. As a result, the industry consists of many small independent firms. According to the ABS, only 13 companies employed more than 200 staff and only 11% of enterprises generated more than $2.0 million in revenue in 2013-14. These trends are indicative of a fragmented industry.
However, industry concentration tends to vary depending on the services that printers provide. For example, PMP has a market-leading position in the heat-set web printing segment, while IPMG's business Hannanprint specialises in web-offset commercial printing. Market share concentration has remained stable over the past five years... purchase to read more