Out of print: Lower demand is forcing down prices and leading to industry exits

The Printing industry's revenue has declined over the past five years as falling demand, strong price pressures and excess capacity have negatively affected the industry's performance. Consumers have increasingly sought information through online platforms and retailers have responded by adopting digital mediums to maintain consumer engagement. Traditional print materials are comparatively slower to produce and more costly to distribute. As a result, more consumers and businesses have been trading online without using printed materials. Industry revenue is expected to decline at an annualised 1.3% over the five years through 2017-18, to $7.3 billion. This includes an anticipated fall of 2.5% in 2017-18...read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 13-18
-1.3%
Forecast Growth 18-23
Profit
Employment
30,646
Businesses
5,209
Market Share of Companies

Industry Threats & Opportunities

  • Spending on advertising has increasingly been shifted online over the past five years
  • Many downstream firms have shifted to online publication to align with consumer preferences
  • The industry’s performance is projected to decline further over the next five years
  • Industry Report - Industry Investment Chapter

    The Printing industry is characterised by moderate capital intensity. In 2017-18, the industry will spend an estimated $3.36 on wages for every dollar invested in capital. However, as a significant portion of industry enterprises are subcontractors, the figure is likely to be understated. Printing incurs high labour costs compared with other manufacturing industries. Traditional printing methods require staff to monitor and manually complete printing tasks and to conduct more frequent maintenance as the equipment ages. Digital printing techniques require employees to hold special qualifications and training to operate the machinery. These trends prompt high labour expenses.Capital costs are high as printing presses and equipment are expensive. To ...purchase to read more.

    Additional Insights for the Printing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Printing Industry are

  • Economies of scale
  • Access to the latest available and most efficient technology and techniques
  • Optimum capacity utilisation
  • IBISWorld analysts also discuss how external factors such as Internet connections and Demand from publishing (except internet and music publishing) in the Printing industry impact industry performance..

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    What's in this report

    What is the Printing Industry?

    Industry companies conduct printing and reprographic services such as photocopying, printing corporate documents and labels, and producing advertising material, magazines and newspapers. The industry’s printing methods include heat-set and sheet-fed offset lithographic, reprographic, digital, relief and screen printing.

    Industry Products
  • Advertising materials
  • Newspapers, magazines, journals and periodicals
  • Non-publication printed materials
  • Business and financial documents and materials
  • Other materials
  • Industry Activities
  • Commercial printing
  • Digital printing
  • Offset lithographic printing
  • Screen printing
  • Newspaper printing
  • Book printing
  • Catalogue printing
  • Magazine printing
  • Photocopying services
  • Relief, letterpress and flexographic printing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Internet connections
  • Demand from publishing (except internet and music publishing)
  • Demand from retail trade
  • Number of businesses

  • Current Performance
  • Profitability
  • Downstream activities
  • Industry consolidation
  • Competition and international trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Profitability
  • Downstream activities
  • Industry structure and international trade
  • Ongoing environmental focus
  • Table: Printing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Printing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Newspaper Publishing
  • Magazine and Directory Publishing
  • Book Publishing
  • Consumer Goods Retailing
  • Finance

  • Key Selling Industries
  • Adhesive Manufacturing
  • Industrial Machinery Manufacturing
  • Paper Product Wholesaling
  • Pulp, Paper and Paperboard Manufacturing

  • Products & Services
  • Advertising materials
  • Newspapers, magazines, journals and periodicals
  • Non-publication printed materials
  • Other materials
  • Business and financial documents and materials
  • Chart: Printing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Wholesalers and retailers
  • Governments and other institutions
  • Publishers
  • Other markets
  • Professional service providers
  • Manufacturers
  • Financial companies
  • Chart: Major Market Segmentation for the Printing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Printing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Printing Industry

  • Industry Globalization
    PMP Limited,
  • Table: PMP Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Printing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Printing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Digital Printing
  • A technique that uses digital imaging processes to transfer images directly onto plain paper, without traditional offset rollers and plates.
  • Heat-Set Web Printing
  • A printing process used for glossy and coated prints where paper is moved through an oven immediately after printing to dry the ink.
  • Offset Printing
  • A printing process that transfers an inked image from a plate to a rubber blanket and then onto a print surface.
  • Reprographic
  • The process of reproducing, reprinting or copying graphic material using mechanical, photographic or electronic methods.
  • Web-Fed Press
  • A printing press that prints on continuous rolls of paper and other substrates.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Printing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Printing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Printing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Printing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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