Printing in the UK Industry Market Research Report now updated by IBISWorld

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Printed materials are increasingly being replaced by alternative mediums such as online media. In some areas, the printed word is proving slow to produce and costly to distribute, and new media is encroaching. In 2012-13, the Printing industry is expected to generate revenue of £9.17 billion, down 2.0% on 2011-12. The industry will employ 80,518 people, making it one of the largest industries in the United Kingdom. However, it is in decline. Revenue is expected to decrease by an annualised 5.9% in the five years through 2012-13. A weak UK economy and sagging advertising market are adversely affecting the industry, as is the substitution of printed media with online or digital media. Declining sales volumes are being accompanied by downward pressure on unit selling prices. Rationalisation of capacity and consolidation of ownership has occurred, and printing companies are diversifying into higher margin complementary services. Over the next five years to 2017-18 industry revenue is forecast to continue to decrease marginally. A pickup in economic activity and a stronger advertising market after 2012-13 will promote industry activity. However, the industry will be negatively affected by competition from substitutes to commercially printed material, such as online information and advertising. Successful printing companies will adjust and continue to diversify into complementary activities. For these reasons, industry research firm IBISWorld has updated its report on the Printing industry.

IBISWorld Market Research

IBISWorld Market Research

Online media is threatening print circulation and advertising volumes

Printed materials are increasingly being replaced by alternative mediums such as online media. In some areas, the printed word is proving slow to produce and costly to distribute, and new media is encroaching.

In 2012-13, the Printing industry is expected to generate revenue of £9.17 billion, down 2.0% on 2011-12. The industry will employ 80,518 people, making it one of the largest industries in the United Kingdom. However, it is in decline. Revenue is expected to decrease by an annualised 5.9% in the five years through 2012-13. According to IBISWorld industry analyst Nigel Fitzpatrick, “a weak UK economy and sagging advertising market are adversely affecting the industry, as is the substitution of printed media with online or digital media”. Declining sales volumes are being accompanied by downward pressure on unit selling prices. Rationalisation of capacity and consolidation of ownership has occurred, and printing companies are diversifying into higher margin complementary services. Over the next five years to 2017-18 industry revenue is forecast to continue to decrease marginally. A pickup in economic activity and a stronger advertising market after 2012-13 will promote industry activity. Fitzpatrick adds, “the industry will however be negatively affected by competition from substitutes to commercially printed material, such as online information and advertising”. Successful printing companies will adjust and continue to diversify into complementary activities.

The Printing industry is fragmented with about 10,310 enterprises operating in 2012-13. The four largest companies are expected to account for only 11.5% of industry revenue in 2012-13 which gives the industry a low level of market share concentration. Major companies include De La Rue, St Ives and Polestar.

For more information on the Printing industry, including latest industry trends, statistics, analysis and market share information, purchase the full report from IBISWorld, the nation’s largest publisher of industry research.

IBISWorld industry Report Key Topics

This industry consists of companies mainly engaged in commercial or job printing (including commission printing of paper stationery), which involves printing onto textiles and other surfaces.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on many UK industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in London, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.co.uk or call (020) 3008 6568.

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Gavin Smith
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