2012 US printing service industry market research report released
[ppzhan Abstract] According to Labianca, an analyst at ibis World Research, the US printing industry's operating income has fallen by 5.3% per year over the past five years and will fall to $4.4 billion in 2012. However, with the slow recovery of the economy, the US publishing industry has seen a slight rebound and is expected to achieve a 2.0% increase in operating income in 2012.
Due to the weakening market demand and the adverse effects of the economic recession, the printing service industry in the United States has been caught in a stretch. They mainly provide pre-press services such as copy editing, proofreading, photo processing and plate making, as well as post-press processing services such as binding, repair and bronzing. Therefore, the market demand for printing services is closely related to the performance of the printing industry and the demand for publications such as books, newspapers and magazines. Due to the impact of the economic crisis and other media, the printing and publishing industry in the United States has been in the past. In 5 years, it experienced different degrees of shrinkage.
According to Labianca, an analyst at ibis World Research, the US printing industry's operating income has fallen by 5.3% per year over the past five years and will fall to $4.4 billion in 2012. However, with the slow recovery of the economy, the US publishing industry has seen a slight rebound and is expected to achieve a 2.0% increase in operating income in 2012.
The continuous advancement of desktop publishing technology has made it necessary for customers who need printing services to have their own prepress processing capabilities. As a result, the number of printing service companies in the United States has been declining for the past five years, with an average annual decline of 3.6%. In order to alleviate the increasing competition pressure, printing companies have also expanded their service scope and increased the types of pre-press and post-press processing services. This has caused the price of prepress services to decline all the way in the past five years and has affected the profitability of the entire industry. From 2007 to 2012, the average profit of the US printing services industry (before interest and tax) fell from 4.6% to 3.1%.
While improvements in the economic environment may boost demand for magazines and books, the growing public interest in the Internet will also affect the revenue of the printing services industry over the next five years. The newspaper publishing industry will continue to decline, while the magazine publishing industry will see a small increase. In addition, sales of e-books will grow rapidly in the next five years, and with the increase in commercial printing plants that can provide pre-press services, the prospects for the printing services industry are not optimistic.
The concentration of the US print services market is low. In 2012, the four major companies in the industry accounted for less than 5% of total industry revenue. Although some large companies can also provide prepress services, they are not in the print service industry because they are also engaged in other businesses such as printing. The printing service industry in the United States is relatively scattered. Most companies have only one factory and the number of employees does not exceed 18. Rabbi Anka, an analyst at ibis World Research, said: "Printing services companies are mostly located close to printers and publishers in order to achieve stable prepress and postpress processing." In addition, due to customer-to-production The requirements of the cycle are getting higher and higher, so the printing service companies are willing to live close to their own customers, because this can shorten the delivery time of products and reduce transportation costs.
Due to the weakening market demand and the adverse effects of the economic recession, the printing service industry in the United States has been caught in a stretch. They mainly provide pre-press services such as copy editing, proofreading, photo processing and plate making, as well as post-press processing services such as binding, repair and bronzing. Therefore, the market demand for printing services is closely related to the performance of the printing industry and the demand for publications such as books, newspapers and magazines. Due to the impact of the economic crisis and other media, the printing and publishing industry in the United States has been in the past. In 5 years, it experienced different degrees of shrinkage.
According to Labianca, an analyst at ibis World Research, the US printing industry's operating income has fallen by 5.3% per year over the past five years and will fall to $4.4 billion in 2012. However, with the slow recovery of the economy, the US publishing industry has seen a slight rebound and is expected to achieve a 2.0% increase in operating income in 2012.
The continuous advancement of desktop publishing technology has made it necessary for customers who need printing services to have their own prepress processing capabilities. As a result, the number of printing service companies in the United States has been declining for the past five years, with an average annual decline of 3.6%. In order to alleviate the increasing competition pressure, printing companies have also expanded their service scope and increased the types of pre-press and post-press processing services. This has caused the price of prepress services to decline all the way in the past five years and has affected the profitability of the entire industry. From 2007 to 2012, the average profit of the US printing services industry (before interest and tax) fell from 4.6% to 3.1%.
While improvements in the economic environment may boost demand for magazines and books, the growing public interest in the Internet will also affect the revenue of the printing services industry over the next five years. The newspaper publishing industry will continue to decline, while the magazine publishing industry will see a small increase. In addition, sales of e-books will grow rapidly in the next five years, and with the increase in commercial printing plants that can provide pre-press services, the prospects for the printing services industry are not optimistic.
The concentration of the US print services market is low. In 2012, the four major companies in the industry accounted for less than 5% of total industry revenue. Although some large companies can also provide prepress services, they are not in the print service industry because they are also engaged in other businesses such as printing. The printing service industry in the United States is relatively scattered. Most companies have only one factory and the number of employees does not exceed 18. Rabbi Anka, an analyst at ibis World Research, said: "Printing services companies are mostly located close to printers and publishers in order to achieve stable prepress and postpress processing." In addition, due to customer-to-production The requirements of the cycle are getting higher and higher, so the printing service companies are willing to live close to their own customers, because this can shorten the delivery time of products and reduce transportation costs.
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