Industry Analysis & Industry Trends
The Printing industry has faced several challenges over the past five years, the most significant of which has been rising competition from digital media. As readers and ad dollars have moved online, publishers and advertisers alike have reduced their investments in traditional print products. Meanwhile, advances in workflow software and online communication have facilitated easier offshoring of work. Over the next five years, offshoring trends and Canadian consumers' shift to digital media will continue to constrain demand for the Printing industry. Exports, which surged in 2014 and 2015 due to a weak dollar and helped temper the industry's decline, are also expected to fall over the next five years as the dollar rebounds and US print demand drops... purchase to read more
Industry Report - Starting a New Business Chapter
Overall, the Printing industry has medium barriers to entry. There is a large number of small companies in this industry and a low level of market share concentration, given that the top four companies in the industry account for less than 25.0% of revenue. The industry has a relatively low level of industry regulation; in general, printing companies face the same environmental regulations that apply to the majority of Canadian manufacturers.
Barriers to entry, however, vary by industry segment and are relatively higher in the more capital-intensive segments. One of the most significant barriers to entry is capital investment in either offset or digital printing presses... purchase to read more