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Billboard & Sign Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Billboard & Sign Manufacturing Market Research Report | NAICS 33995 | Oct 2014

Big sign: Revenue will recover as demand for digital displays aid industry growth

IBISWorld’s Billboard & Sign Manufacturing 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 09-14
-0.2%
Annual Growth 14-19
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Profit
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Employment
71,075
Businesses
5,531
Industry Analysis & Industry Trends

Sharp cutbacks in advertising expenditures significantly affected the Billboard and Sign Manufacturing industry in the five years to 2014. To maintain profit, many businesses in downstream markets reduced their advertising budgets across all media. This drop in demand for advertising as a whole dampened the industry's growth over this period, as clients needed fewer signs. Although characterized by a heightened level of revenue volatility, the industry has begun to recover thanks to increasing business activity. The industry is expected to continue expanding over the next five years as sustained economic activity is expected to boost industry performance... purchase to read more

Industry Report - Industry Analysis Chapter

Sharp cutbacks in advertising expenditures at the initial start of this period, significantly affected the Billboard and Sign Manufacturing industry in the five years to 2014. The recession's effect on advertising caused poor performance from 2009 until 2011. To maintain profit, many businesses in downstream markets reduced their advertising budgets across all media. This drop in demand for advertising as a whole dampened the industry's growth over this period, as clients needed fewer signs. As a result, in the five years to 2014, IBISWorld expects that revenue will decrease at an average annual rate of 0.2% to $11.4 billion as the industry has not yet recovered to its prerecessionary levels... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Billboard & Sign Manufacturing Industry?

This industry manufactures billboards, scoreboards, retail store signage and transit station advertising displays. Products include nonelectric signs, digital billboards, video screens and neon signs. This industry does not include outdoor kiosks, phone booth advertising, bus or taxi advertising and other advertising on street furniture. It also does not include any advertising or displays made from printing paper or paperboard.

Industry Products
Billboards Digital signsTransit displaysAlternative displays
 
Industry Activities
BillboardElectrical, digital and video advertising displayIndoor signs and displayScoreboardStore signs and display


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