Industry Analysis & Industry Trends
The industry is comprised of companies that print newspapers or periodicals at least four times a week on their own behalf or on a contract basis. Competition from online substitutes is wreaking havoc on the Newspaper Publishing industry. Although many publishers have been able to respond to the competition by building their own online brand and attracting advertising revenue from their websites, this is not possible for businesses that derive income from printing physical copies of newspapers. As a result, revenue declines in the Newspaper Printing industry have been savage. Industry revenue is expected to decline at a compound annual rate of 7.4% over the five years through 2015-16, reaching £505.3 million. This includes a forecast decline of 6.3% in the current year... purchase to read more
Industry Report - Starting a New Business Chapter
There are significant barriers to entering the Newspaper Printing industry. The main barriers are declining demand, high market concentration and high start-up costs. The market is dominated by a small group of companies and this domination is increasing. As demand for the industry's products is declining, smaller competitors are leaving the industry and the market leaders are absorbing their share. The demand is falling at such a rate that the number of companies already present in the industry cannot be sustained, let alone allow for new entrants. Therefore, it would be incredibly difficult for a new entrant to compete and remain profitable.
Additionally, industry start-up costs are relatively high... purchase to read more