Industry Analysis & Industry Trends
The Custom Screen Printing industry has been growing for the majority of the years since 2012, thanks to demand from downstream consumers and businesses. The industry has recouped the losses it incurred at the start of this period, when cash-strapped consumers were unable to allocate funds to discretionary expenditures like custom T-shirts. In the coming years, rising income for both businesses and consumers will underpin industry growth, though increasing competition from substitutes will continue to pose a threat to operators.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Custom Screen Printing industry is currently in the mature phase of its life cycle. Industry value-added (IVA), a measure of an industry's contribution to the overall economy, is forecast to increase at an average rate of 2.3% annually in the 10 years to 2020. This growth rate is slightly below the 2.5% annualized US GDP growth expected over the same period. This level of growth is indicative of an industry that is in its mature phase and that its share of the economy is holding.
Although a mature industry, businesses have been increasing their investments into new technologies and systems. These investments are mainly directed towards enhancing the online presence of industry operators as well as investing in update printing equipment... purchase to read more