Printing Industry Stabilizes Amidst Modest Economic Growth and Technological Advancements
Weymouth, MA, January 11, 2012 -- nfoTrends expects that the printing, publishing, and packaging market in the United States will see an overall increase by a compound annual growth rate (CAGR) of 0.6% from 2010 through 2015. This updated study, entitled U.S. Printing and Publishing Market Sizing: 2010-2015 , shows a slight improvement from our outlook last year due to the U.S. economy performing somewhat above InfoTrends’ expectations for 2011.
The U.S. Printing industry is expected to grow by a CAGR of 0.4% from 2010 to 2015. “The primary factor contributing to the stagnation of the printing industry is the impact of new, alternative media”, commented Steve Adoniou, Director at InfoTrends. “Any growth that will occur can be primarily attributed to value-added services, and to a lesser extent to digital printing and wide format digital printing.”
U.S Printing Industry Value of Shipments 2002-2015
Other important trends impacting the printing industry are the migration of pages from offset printing to digital printing, operational consolidation, and production automation.
The publishing market is expected to see the most significant declines. This is mostly due to the continued decline and consolidation of the newspaper segment, which is the largest segment within publishing. Newspaper, periodical, and book publishing are being significantly impacted by electronic media and despite progress shifting their focus in that area, will continue to experience revenue loss in their traditional business. The packaging market will experience growth levels similar to general economic trends. Although not susceptible to electronic media, the packaging market is vulnerable to overseas outsourcing of manufacturing. However, it is expected to see moderate gains over the next five years.
The U.S. Printing and Publishing Market Sizing: 2010-2015 report is currently available. For more information contact Stephanie Tose at +1 781 616 2103 or email stephanie_tose@infotrends.com .
InfoTrends, a Questex company, is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. We provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses. Additional information about InfoTrends is available on the Web at www.infotrends.com .
Copyright 2012 InfoTrends. All rights reserved. Reproduction or reuse of InfoTrends materials is strictly prohibited without prior written consent.
For media inquiries contact Donna O'Malley at +1 781 616 2116 or donna_omalley@infotrends.com .
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