Industry Analysis & Industry Trends
Digital alternatives to printed materials such as e-books grew rapidly at the start of the five-year period through 2016-17. The rapid growth in e-books is expected to have slowed in latter part of the five-year period as consumer interest in printed books was renewed. Despite this, overall demand for printed materials from retailers, manufacturers, publishers and service providers has fallen over the past five years as consumers and businesses gradually moved towards trading online. Additionally, many downstream businesses were limiting their spending at the start of the period. As a result, revenue is expected to decrease at a compound annual rate of 0.7% over the five years through 2016-17... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entering the Printing industry are relatively low, which is demonstrated by the large number of establishments in the industry. However, the industry suffers from overcapacity because there is not a high enough level of demand to satisfy all operators. Prospective entrants may struggle to succeed due to the high level of competition in the industry.
The barriers to entry vary in each of the industry’s product segments and are higher for more capital-intensive products. For example, the printing of money involves a high level of capital investment because expensive equipment is needed to form the security component of a note, which is made of fluorescent, magnetic, metallic and micro print elements. Alt.. purchase to read more