Canadian Industrial Profile: Printing Services—Summer 2018
The Conference Board of Canada, 2 pages,
August 2, 2018
This industry profile provides a five-year forecast for Canada’s printing services industry.
- Trade Uncertainty—More than 70 per cent of industry exports still head to the U.S. market, leaving firms vulnerable to the increasing degree of protectionist rhetoric coming from the U.S. administration.
- Print Media in Decline—Although a long-term trend, the transition away from traditional media like newspapers, magazines, and paper marketing materials has firms scrambling to make the switch to digital printing.
- Market Fragmentation—With future demand for many products likely to decline, the industry has been hit by a wave of consolidation as firms seek to contain costs by whatever means possible. Nevertheless, opportunities for small niche producers are still apparent in some segments of the market.