Industry Analysis & Industry Trends
The Printing industry's main obstruction during the past five years has been the rise of digital media, which slowly replaced traditional forms of advertising and forced the industry to restructure. Coupled with the adverse effects on advertising and consumer spending, these factors have caused industry revenue to decline considerably during the five years to 2014. Over the next five years, the industry will continue to struggle as digital media replaces traditional paper products, decreasing industry revenue in the process... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Printing industry is in the decline stage of its life cycle. Over the 10 years to 2019, the industry's contribution to the overall economy, measured by industry value added, is expected to decline at an average annual rate of 2.5%, largely due to the increasing presence of digital media. On the other hand, GDP is projected to grow at an average annual rate of 2.7% over the same period, indicating that the industry is accounting for a smaller share of the US economy.
In the ten years to 2019, the number of firms operating in this industry is anticipated to fall at an average annual rate of 3.1% to 19,642 continuing the industry's long-term consolidation trend. Consolidation among larger firms, which tend to operate in the long print-run markets, has been significant... purchase to read more