Out of ink: Digital media alternatives and low demand continue to threaten industry revenue

The Printing industry's struggles have continued over the past five years as digital products and services have increasingly displaced traditional printed materials. Printers were historically central to both publishing and advertising; however, over the past two decades, rapid technological change has upended both markets and sent the industry into structural decline. Over the next five years, the industry will continue to struggle as digital media replaces traditional paper products. Meanwhile, profit margins are expected to slightly increase, mainly due to a drop in labor expenses as a result of industry consolidation...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 12-17
-1.9%
Forecast Growth 17-22
Profit
Employment
21,027
Businesses
3,140
What Our Customers Say

Industry Threats & Opportunities

  • The Printing industry in New York has struggled for years amid a transition to digital media in its downstream markets
  • Advertisers that once used newspaper subscription networks for direct mail have redirected to digital platforms
  • the Printing industry in New York is expected to continue its steady decline
  • Industry Report - Industry SWOT Analysis Chapter

    ***This section is not used for US State reports.***Only set Reasons & Level!...purchase to read more.

    Additional Insights for the Printing in New York Industry

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

  • Having marketing expertise
  • Access to highly skilled workforce
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Print advertising expenditure and Manufacturing capacity utilization in the Printing in New York industry impact industry performance..

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    What is the Printing in New York Industry?

    Companies in this industry primarily print on paper, textile products, metal, glass, plastic and other materials, excluding fabric. Industry operators engage in a variety of printing processes including lithographic, gravure, screen, flexographic, digital and letterpress processes. This industry does not include publishers that also perform printing, nor does it comprise companies that perform prepress or postpress services without traditional printing.

    Industry Products
  • Commercial lithographic printing
  • Commercial flexographic printing
  • Commercial gravure printing
  • Digital printing
  • Commercial screen printing
  • Book printing
  • Industry Activities
  • Commercial lithographic printing
  • Commercial gravure printing
  • Commercial flexographic printing
  • Commercial screen printing
  • Quick printing
  • Digital printing
  • Manifold business forms printing
  • Book printing
  • Blank book, loose-leaf binders and devices
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Print advertising expenditure
  • Manufacturing capacity utilization
  • Consumer Spending in New York
  • Demand from publishing industries

  • Current Performance
  • National context
  • New York industry
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • New technology
  • Industry contraction
  • Table: Printing in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Printing in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Retail Trade
  • Magazine & Periodical Publishing
  • Book Publishing
  • Finance and Insurance
  • Professional, Scientific and Technical Services

  • Key Selling Industries
  • Computer Manufacturing
  • Computer Peripheral Manufacturing
  • Ink Manufacturing
  • Paper Mills
  • Paperboard Mills
  • Printing Services

  • Products & Services
  • Commercial lithographic printing
  • Other
  • Digital printing
  • Commercial flexographic printing
  • Commercial screen printing
  • Book printing
  • Commercial gravure printing
  • Chart: Printing in New York Industry Products and Services Segmentation

  • Major Markets
  • Other
  • Manufacturers
  • Publishers
  • Advertisers
  • Financial and legal firms
  • Consumers
  • Chart: Major Market Segmentation for the Printing in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Printing in New York

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Printing in New York Industry

  • Quad/Graphics Inc.RR Donnelley Candid Litho Printing Ltd.Diamond PackagingHammer Packaging CorporationPrestone Press
  • Table: Quad/Graphics Inc. - financial performance
  • Table: RR Donnelley - financial performance
  • Table: Candid Litho Printing Ltd. - financial performance
  • Table: Diamond Packaging - financial performance
  • Table: Hammer Packaging Corporation - financial performance
  • Table: Prestone Press - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Printing in New York 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 Printing in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-To-Plate Printing
  • The process of transferring digital data from computers directly onto printing plates.
  • E-Book
  • An electronic version of a book that can be downloaded to a portable e-reader, smartphone or computer.
  • Gravure Printing
  • The process by which an image is engraved on a copper cylinder and partly immersed in ink, thus allowing the image to be transferred; typically used for high-volume printing such as wallpaper.
  • Printing Plate
  • Used to transfer an image to paper or other surface. A plate is prepared for each color used.
  • Why buy this report?

    IBISWorld’s Printing in New York Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Printing in New York industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    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 Printing in New York:
    • 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 Printing in New York 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 Printing in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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