Quick Printing in the US - Industry Market Research Report

Quick Printing in the US - Industry Market Research Report
Quick Printing in the US

Rapid advances in computer technology have allowed consumers and small businesses to complete tasks previously performed by quick printing shops from the convenience of their homes and offices. The availability of this technology, combined with swift declines in the price of computer software and peripheral equipment, has hindered shops across the country. Consumers increasingly favor alternative mediums like online media and digital communications over printed materials, leeching away the need for quick prints. Overall, revenue is expected to decline at a CAGR of 3.0% over the five years, reaching $4.2 billion in 2023, including a 2.9% decline in 2023 alone. Profit is set to creep downward to 4.7% following rising price competition.

This industry is composed of establishments that provide traditional printing activities, such as short-run offset printing or prepress services, in combination with document photocopying services. Prepress services include receiving documents in electronic format and directly duplicating from the electronic file and then formatting, colorizing and modifying the document to improve presentation.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.