InfoTrends Sizes Up the Market with its U.S. Printing, Publishing, and Packaging Study
Weymouth, MA (PRWEB) May 20, 2015 -- InfoTrends report, U.S. Printing, Publishing, and Packaging Market Size and Outlook provides a comprehensive view by the number of establishments and revenue in the printing, publishing, and packaging markets in the U.S. This report contains InfoTrends' estimates for 2013 through 2018 for value of shipments. InfoTrends has also estimated the number of establishments for 2008 through 2013 by company size.
InfoTrends has found that overall printing industry revenue continues to decline; establishment consolidation continues despite a growing economy and that both trends are expected to continue. From 2007 to 2012, commercial printers’ revenue declined 19%. During the economic recovery period of 2010 to 2013 the printing industry declined by 2% per year. However, during this time frame, GDP grew by 2% per year. The number of establishments is declining due to consolidation from merger and acquisition activity, plant closures, and small print services providers exiting the market altogether either by closing their doors or acquisition.
On the publishing side, InfoTrends has found that book publishers are outperforming newspaper and magazine publishers. As more content is being made available on digital platforms, book publishers have been more successful at monetizing electronic editions of their content than newspaper and magazine publishers. However, newspaper publishers have implemented paywalls with some success.
In the packaging market, demand growth is primarily driven by economic growth as well as population growth. In developing economies, demand for paper-based packaging is growing at a faster rate than population, but the U.S. has a mature paper-based packaging market. InfoTrends does not believe that packaging is as susceptible to declining print volumes as other markets are which will continue to drive growth in this segment for the foreseeable future.
For more information on the U.S. Printing, Publishing, and Packaging Market Size and Outlook, please visit our online store or contact Scott Phinney at 781 616 2123 or [email protected].
About InfoTrends
InfoTrends is the leading worldwide market research and strategic consulting firm for the imaging, document solutions, production print, and digital media industries. We provide insights and advice to help clients understand market trends, identify opportunities, and grow their business.
For press inquiries, please contact Donna O’Malley at 781 616 2116 or donna.omalley(at)infotrends(dot)com.
Scott Phinney, InfoTrends, http://www.infotrends.com, +1 (781) 616-2123, [email protected]
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