Industry Analysis & Industry Trends
Billboard and Sign Manufacturing industry products are used primarily by downstream advertisers and brick-and-mortar businesses across a variety of industries, which purchase signage to promote and convey information about their products and services. As a result, strong growth in advertising expenditure and an uptick in business formation have increased demand for industry products over the five years to 2016. Moreover, the industry is expected to continue expanding over the next five years. Corporate profit is anticipated to continue rising as a result of broader economic growth, ultimately leading businesses to increase their advertising budgets during this period... purchase to read more
Industry Report - Industry Investment Chapter
Capital requirements in this industry vary greatly by product and market segment. This is because small billboard and sign manufacturers typically offer a few kinds of signage that are simple in design. Meanwhile, larger manufacturers often have more extensive and complex product offerings that require more equipment to produce. For example, starting a small company specializing in store signage for local companies requires substantially less property, plant and equipment than establishing a company focused on selling multimillion-dollar digital scoreboards and video displays to professional sports teams and entertainment venues.
Most companies in the Billboard and Sign Manufacturing industry are small and the process involves small production runs using a variety of equipment... purchase to read more