Over the five years to 2015, the Engraving Services industry experienced robust growth. Per capita disposable income has increased steadily over the period thanks to falling unemployment. As disposable income increased, consumers have been more willing to increase spending on discretionary services in order to customize the products they have purchased. In the coming years, revenue is expected to continue increasing. Manufacturing output will continue to increase, which will spur demand from consumer product and material processing companies.
This industry engraves designs, numbers or text on a broad range of surfaces (e.g. plaques, trophies, invitations, firearms, electronics, laptops and industrial ID tags) for consumers and businesses. Services include laser engraving, reverse engraving and other engraving techniques.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.