Demand for industry services is based on the need for printed books, magazines, newspapers and print advertising. The industry has therefore been threatened by the transition from print to online media and advertising. Furthermore, printing companies, graphic designers and publishers are increasingly performing prepress services in-house, heightening external competition for the industry. However, despite the slight rise in revenue over the five years to 2014, the Printing Services industry can expect little relief from digital media during the next five years because, while economic conditions are expected to improve, bringing about increased demand for print-based advertising, the continued transition to digital media will inhibit industry growth.
This industry comprises companies that offer prepress and postpress services. Prepress services include imagesetting and typesetting for printers as well as preparing film and plates for printing. Postpress services constitute activities, such as book binding, to support printing activities. This industry does not include businesses that are primarily engaged in printing (see IBISWorld report 32311).
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.