{"id":20615,"date":"2016-10-06T09:04:05","date_gmt":"2016-10-06T16:04:05","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=20615"},"modified":"2016-10-06T09:04:05","modified_gmt":"2016-10-06T16:04:05","slug":"idealliance-state-of-the-industry-report-projects-modest-commercial-print-sales-growth-in-2017","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2016\/10\/idealliance-state-of-the-industry-report-projects-modest-commercial-print-sales-growth-in-2017\/","title":{"rendered":"Idealliance State of the Industry Report Projects Modest Commercial Print Sales Growth in 2017"},"content":{"rendered":"

Alexandria, VA (September 29, 2016)<\/em> – Noting that commercial printing sales posted the weakest growth in three years in the first half of 2016\u2014just 0.3%\u2014and that little significant economic or industry change appears to be on the horizon, Idealliance\u2019s new State of the Industry Report, 14th Edition, projects commercial printing segment sales to rise just 1.0%-1.5% this year and up 1.5%-3.0% next year.<\/p>\n

\u201cNothing suggests the performance of either our industry or the economy will change significantly, for better or worse, over the next 18 months,\u201d writes Idealliance Chief Economist and report author Andrew Paparozzi, who released the report\u2019s findings during several events at this week\u2019s GRAPH EXPO 2016 in Orlando, Fla., including two presentations at the booth of report sponsor, Canon, U.S.A. The report is based on surveys of nearly 200 companies across the graphic communications industry spectrum.<\/p>\n

A free copy of the 40-page annual report will provided as a complimentary benefit of membership to all member companies of Idealliance by October 30, 2016, sponsored by Canon USA. Non-members may purchase copies of the report for $600 by contacting Tyler Keeney at (703) 837-1075 or tkeeney@idealliance.org<\/a>, or register atidealliance.org\/SOI14<\/a>.<\/p>\n

\u201cDespite the fact that first half 2016 commercial printing sales were well below the 2.7% gain during the same period one year earlier, that is not a sign our industry is sliding into stagnation or recession,\u201d says Paparozzi. \u201cRather it is another stop in our stop-and-go upturn. And we are in an upturn: Sales now total $82.6 billion, 6.2% above their 2011 low.<\/p>\n

\u201cGrowth hasn\u2019t been stronger and more consistent because demand for our services is still running well behind supply,\u201d he continues, citing among the reasons for this shortfall the communications revolution created by the Internet and digitization that has \u201cdeeply depressed the demand for our core services\u2014sales of commercial lithography declined nearly 40.0% between 2000 and 2014\u2014and the economy\u2019s inability to regain its historic 3.0%+ annual growth rate.\u201d<\/p>\n

And he cites statistics from the Census Bureau’s Annual Survey of Manufactures showing that although sales of commercial digital printing increased nearly ninefold, from $1.0 billion to $8.7 billion between 2000 and 2014, sales of commercial lithographic printing declined by $23.5 billion, from $59.3 billion to $35.8 billion \u2014 a loss of about three times the increase in digital.<\/p>\n

Paparozzi points out, however, that, \u201cdespite the weakness, sales were above year-earlier levels through mid-2016 for 62.6% of State of the Industry participants, growing at least 5.0% for 46.2% and at least 10.0% for 30.8%. Additionally, 48.7% report pre-tax profitability is above year-earlier levels, nearly double the 26.9% who report the opposite.\u201d Nonetheless, he adds, \u201cmore than 70% of the companies we survey are concerned about their ability to increase sales.\u201d<\/p>\n

When survey respondents were asked why profitability is up, far more credited actions they\u2019ve taken, such as increasing revenue and holding the line on costs (60.5%), increasing production efficiencies (41.9%), and capturing higher-margin work (37.2%), than credited improved business conditions (20.9%), the failure of competitors (7.0%), or decreased price competition (4.7%).<\/p>\n

In addition, \u201calthough prices are no longer in broad decline, pricing power is still very limited,\u201d adds Paparozzi. \u201cThe numbers so far in 2016 for State of the Industryparticipants: Prices are above last year\u2019s levels for 22.8%, below for 7.6%, and unchanged for 69.6%. Just 20.7% have increased prices 2.0% or more and just 12.0% have increased prices 3.0% or more.\u201d<\/p>\n

The State of the Industry Report, 14th Edition, also reports on what respondents consider the keys to profitable growth and the internal barriers to growth, as well as what they see as business opportunities and which services and products they expect to grow fastest.<\/p>\n

To help report readers prioritize potential opportunities, Paparozzi includes an \u201cOpportunity Evaluation Matrix,\u201d and, to head them off from false starts, provides a chapter on \u201cLearning from Our Mistakes,\u201d which offers insights of industry peers on their missteps in management, personnel, technology, and customer relations, among other areas.<\/p>\n

The report concludes with a chapter outlining seven \u201cMust-Dos,\u201d actions industry executives can put into practice in their companies immediately to help them leverage their capacity for uncovering, evaluating, and profiting from new opportunities for growth and profitability in current industry and economic conditions.<\/p>\n

The Idealliance State of the Industry Report, 14th Edition, is part of the State of the Industry Series, sponsored by Canon, U.S.A., which includes a series of survey-based reports and updates on industry economic developments and trends. For information, contact Paparozzi at (703) 837-1062 or apaparozzi@idealliance.org<\/a>.<\/p>\n

###<\/p>\n

About Idealliance:<\/strong>
\nIdealliance is a not-for-profit member association representing a unique convergence of printers, mailers, marketers, brand owners, agencies, publishers, fulfillment services, material suppliers, and technology providers. The association provides an open and cross-industry platform for motivated professionals to come together to create a more competitive, compelling, and innovative graphic and visual communications industry. It capitalizes on its integrated capabilities to advance proven technical and management best practices; deliver best-in-class research, education, and certification; and serve as a united industry advocate. Idealliance is headquartered at 1800 Diagonal Road, Suite 320, Alexandria, Va., 22314. For more information, visit www.idealliance.org<\/a> or call (703) 837-1070.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alexandria, VA (September 29, 2016) – Noting that commercial printing sales posted the weakest growth in three years in the first half of 2016\u2014just 0.3%\u2014and that little significant economic or industry change appears to be on the horizon, Idealliance\u2019s new State of the Industry Report, 14th Edition, projects commercial printing segment sales to rise just 1.0%-1.5% this year and up 1.5%-3.0% next year. \u201cNothing suggests the performance of either our industry or the economy will change significantly, for better or worse, over the next 18 months,\u201d writes Idealliance Chief Economist and report author Andrew Paparozzi, who released the report\u2019s findings during several events at this week\u2019s GRAPH EXPO 2016 in Orlando, Fla., including two presentations at the booth of report sponsor, Canon, U.S.A. The report is based on surveys of nearly 200 companies across the graphic communications industry spectrum. A free copy of the 40-page annual report will provided as a complimentary benefit of membership to all member companies of Idealliance by October 30, 2016, sponsored by Canon USA. Non-members may purchase copies of the report for $600 by contacting Tyler Keeney at (703) 837-1075 or tkeeney@idealliance.org, or register atidealliance.org\/SOI14. \u201cDespite the fact that first half 2016 commercial printing sales were well below the 2.7% gain during the same period one year earlier, that is not a sign our industry is sliding into stagnation or recession,\u201d says Paparozzi. \u201cRather it is another stop in our stop-and-go upturn. And we are in an upturn: Sales now total $82.6 billion, 6.2% above their 2011 low. \u201cGrowth hasn\u2019t been stronger and more consistent because demand for our services is still running well behind supply,\u201d he continues, citing among the reasons for this shortfall the communications revolution created by the Internet and digitization that has \u201cdeeply depressed the demand for our core services\u2014sales of commercial lithography declined nearly 40.0% between 2000 and 2014\u2014and the economy\u2019s inability to regain its historic 3.0%+ annual growth rate.\u201d And he cites statistics from the Census Bureau’s Annual Survey of Manufactures showing that although sales of commercial digital printing increased nearly ninefold, from $1.0 billion to $8.7 billion between 2000 and 2014, sales of commercial lithographic printing declined by $23.5 billion, from $59.3 billion to $35.8 billion \u2014 a loss of about three times the increase in digital. Paparozzi points out, however, that, \u201cdespite the weakness, sales were above year-earlier levels through mid-2016 for 62.6% of State of the Industry participants, growing at least 5.0% for 46.2% and at least 10.0% for 30.8%. Additionally, 48.7% report pre-tax profitability is above year-earlier levels, nearly double the 26.9% who report the opposite.\u201d Nonetheless, he adds, \u201cmore than 70% of the companies we survey are concerned about their ability to increase sales.\u201d When survey respondents were asked why profitability is up, far more credited actions they\u2019ve taken, such as increasing revenue and holding the line on costs (60.5%), increasing production efficiencies (41.9%), and capturing higher-margin work (37.2%), than credited improved business conditions (20.9%), the failure of competitors (7.0%), or decreased price competition (4.7%). In addition, \u201calthough prices are no longer in broad decline, pricing power is still very limited,\u201d adds Paparozzi. \u201cThe numbers so far in 2016 for State of the Industryparticipants: Prices are above last year\u2019s levels for 22.8%, below for 7.6%, and unchanged for 69.6%. Just 20.7% have increased prices 2.0% or more and just 12.0% have increased prices 3.0% or more.\u201d The State of the Industry Report, 14th Edition, also reports on what respondents consider the keys to profitable growth and the internal barriers to growth, as well as what they see as business opportunities and which services and products they expect to grow fastest. To help report readers prioritize potential opportunities, Paparozzi includes an \u201cOpportunity Evaluation Matrix,\u201d and, to head them off from false starts, provides a chapter on \u201cLearning from Our Mistakes,\u201d which offers insights of industry peers on their missteps in management, personnel, technology, and customer relations, among other areas. The report concludes with a chapter outlining seven \u201cMust-Dos,\u201d actions industry executives can put into practice in their companies immediately to help them leverage their capacity for uncovering, evaluating, and profiting from new opportunities for growth and profitability in current industry and economic conditions. The Idealliance State of the Industry Report, 14th Edition, is part of the State of the Industry Series, sponsored by Canon, U.S.A., which includes a series of survey-based reports and updates on industry economic developments and trends. For information, contact Paparozzi at (703) 837-1062 or apaparozzi@idealliance.org. ### About Idealliance: Idealliance is a not-for-profit member association representing a unique convergence of printers, mailers, marketers, brand owners, agencies, publishers, fulfillment services, material suppliers, and technology providers. The association provides an open and cross-industry platform for motivated professionals to come together to create a more competitive, compelling, and innovative graphic and visual communications industry. It capitalizes on its integrated capabilities to advance proven technical and management best practices; deliver best-in-class research, education, and certification; and serve as a united industry advocate. Idealliance is headquartered at 1800 Diagonal Road, Suite 320, Alexandria, Va., 22314. For more information, visit www.idealliance.org or call (703) 837-1070.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[2821,2456,2749],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/20615"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=20615"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/20615\/revisions"}],"predecessor-version":[{"id":20616,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/20615\/revisions\/20616"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=20615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=20615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=20615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}