Report: Pace of Commercial Printing Industry Decline Slowing
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In the five years to 2019, the printing industry is anticipated to continue its decline, albeit at a slightly slower pace. In addition to these projected declines, industry players will also need to contend with the higher cost of materials. “For example, the price of paper is expected to increase during this period,” says Khedr. Furthermore, substitutes to commercially printed material, such as online media, will continue to adversely affect industry activity. In order to adapt to declining demand, printers will need to diversify into cross-media products, including multimedia layout and design.
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