Industry Analysis & Industry Trends
The Printing industry has declined over the past five years, as consumers have increasingly sought information through online platforms rather than printed materials. This trend has reduced demand for professional printing services from industry providers. Online media continues to encroach on the domain of newspaper, magazine, book and directory publishers. As digital technology has evolved, the printed word has become slow to produce and costly to distribute. Consumers and businesses have therefore increasingly been trading online without using printed materials. Industry revenue is expected to fall at an annualised 2.1% over the five years through 2016-17, to $7.5 billion. As these trends continue, revenue is set to drop by a further 4.6% in 2016-17... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry displays a low market share concentration, with the four largest companies estimated to account for less than 20% of total revenue in 2016-17. According to the ABS, only 13 companies employed more than 200 staff and only 11.3% of enterprises generated more than $2.0 million in revenue in 2014-15. This is indicative of a highly fragmented industry, which is inundated with a large number of small-scale, independent firms.
Industry concentration tends to vary depending on the range of services that printers provide. Printing service segments that require complex, expensive equipment and large-scale factories are typically more concentrated... purchase to read more