Australia printing market associated with increased costs, shift in demand and stricter regulations
Printing in Australia: ISIC 222 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 17:29:02
One of Australia´s largest manufacturing categories â the printing industry â is not experiencing the best of times, struggling to keep companies in business due to increased costs, shifts in demand and stricter regulations. Over the dynamic 2000-2010 period the total market exhibited average annual growth of just 1%, and in 2010 exceeded the 2000 value by 12%, amounting to A$10.1 billion â still below the peak of A$10.3 billion seen in 2008.
Virtually all revenue comes from business-to-business purchases, which over the given period grew by 13% and accounted for 99% of market value in 2010. The Australian printing industry generates more than A$4 billion (0.3%) of the country´s GDP.
Total turnover of local producers decreased from A$10.1 billion in 2000 to A$9.2 billion in 2010, a result of a 1% average yearly decline and an overall 9% fall over the given period.
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