Industry Analysis & Industry Trends
Printed materials are increasingly being replaced by alternatives such as online media, as the printed word is proving slow to produce and costly to distribute. Furthermore, consumers and businesses are increasingly trading and conducting business online; this is having a negative effect on demand for printed materials from retailers, financiers and service providers.
In 2013-14, the Printing industry is expected to generate revenue of £8.9 billion, down 4.9% on 2012-13. The industry employs over 77,000 people, making it one of the larger industries in the United Kingdom but it is suffering from overcapacity and is in decline. This is resulting in a reduction in the number of businesses and the number of people employed in the industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Printing industry has a low level of market concentration, with the four largest operators holding a combined market share of 10.3% and the largest firm contributing just 3.5% of industry revenue. This illustrates the fragmented nature of the Printing industry, which has a very large number of firms in the industry, each with a small share of the market. Over 81% of industry establishments employ fewer than 10 people and just 1.2% of establishments employ more than 100. The industry has clearly suffered from overcapacity over recent years. The deteriorating demand for printing, owing to the rise in technology adoption, has left a large number of firms competing for a declining volume of work... purchase to read more