Dried up: Consumers' transition to the internet and home printing will continue to make the industry obsolete

Rapid advances in computer technology have enabled consumers and small businesses to complete tasks previously performed by the Quick Printing industry from the convenience of their homes and offices. The availability of this technology, combined with swift declines in the price of computer software and peripheral equipment, has posed a significant challenge to the industry over the past decade and specifically over the past five years to 2018. More recently, industry demand has shifted toward higher-value services, such as custom and high-quality promotional printing, and away from basic printing. Industry revenue is forecast to continue its long-term decline over the five years to 2023...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
-8.6%
Forecast Growth 18-23
Profit
Employment
19,223
Businesses
6,752
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Quick printers are expected to increasingly expand their operations to offer other high-value services
  • Tepid growth in the number of businesses has negatively affected industry operators
  • The industry's long-term decline is primarily a result of a continued decline in print advertising expenditure
  • Industry Report - Industry Investment Chapter

    The Quick Printing industry has a medium level of capital intensity. In 2018, for every dollar spent on wages, industry operators typically invest $0.13 in capital. Capital expenditures for the Quick Printing industry include spending on new presses, prepress equipment (e.g. computers and software), postpress equipment (e.g. bindery machinery), repairing and upgrading existing equipment, IT infrastructure (e.g. website, management systems, customer solution systems) and other property related expenses.Labor costs are moderate in comparison with other manufacturing industries because competition in the industry is governed by both service and price considerations. Wage costs make up an estimated 33.8% of revenue in 2018. Cus...purchase to read more.

    Additional Insights for the Quick Printing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Quick Printing Industry are

  • Offer services currently favored by the market
  • Ability to produce high quality products
  • Access to new technology
  • IBISWorld analysts also discuss how external factors such as Number of businesses and Percentage of households with at least one computer in the Quick Printing industry impact industry performance..

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    What's in this report

    What is the Quick Printing Industry?

    This industry is composed of establishments that provide traditional printing activities, such as short-run offset printing or prepress services, in combination with document photocopying services. Prepress services include receiving documents in electronic format and directly duplicating from the electronic file and then formatting, colorizing and modifying the document to improve presentation.

    Industry Products
  • Digital printing
  • Offset printing
  • Prepress services
  • Bindery and finishing services
  • Industry Activities
  • Printing
  • Prepressing
  • Bindery
  • Custom printing
  • Faxing
  • Mailing and delivery services
  • Photocopying
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of businesses
  • Percentage of households with at least one computer
  • Price of computers and peripheral equipment
  • Print advertising expenditure

  • Current Performance
  • Tepid growth in businesses
  • Changes in technology
  • Chart: Revenue Growth

  • Industry Outlook
  • Increasingly affordable computers raise competition
  • Industry contraction
  • Table: Quick Printing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Quick Printing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Print Advertising Distribution
  • Single Location Full-Service Restaurants
  • Consumers

  • Key Selling Industries
  • Computer & Printer Leasing
  • Computer Manufacturing
  • Copier & Optical Machinery Manufacturing
  • Dye & Pigment Manufacturing
  • Ink Manufacturing
  • Paper Mills
  • Printing, Paper, Food, Textile & Other Machinery Manufacturing
  • Software Publishing

  • Products & Services
  • Digital printing
  • Prepress services
  • Offset printing
  • Bindery and finishing services
  • Other
  • Chart: Quick Printing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other business customers
  • In-store business customers
  • Household consumers
  • Other
  • Chart: Major Market Segmentation for the Quick Printing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Quick Printing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Quick Printing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Quick Printing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Quick Printing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Print Advertising Expenditure (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Disintermediation
  • The removal of intermediaries from a process, supply chain or market.
  • Prepress
  • Formatting, colorizing and otherwise modifying the original document to improve presentation before printing.
  • Web-To-Print
  • Process that allows a customer to create, edit and approve computer-based online templates during the prepress phase.
  • What Our Customers Say

    Why buy this report?

    The Quick Printing Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Quick Printing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Quick Printing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Quick Printing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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