Reprographers were some of the earliest adopters of fully digital workflows. Their familiarity with wide-format monochrome printing devices and digital workflows enabled a wide variety of services to a diverse client base. Clearly, this convergence is still eminent in modern-day printing companies and M&A activity.
Industry Sector Reports
Success in the market now depends on delivering a value proposition to customers that is more meaningful than just owning a wide-format printing device.
The unforgiving combination of a slowing American economy and continued material shortages, labor shortages, and cost inflation will pressure margins across the printing industry this year, according to the 2022-23 State of the Industry Report published by PRINTING United Alliance and sponsored by Canon.
Sign and display graphic buyers and providers participating in a NAPCO Research survey reported solid growth across all applications this year. Both groups reported current spending is growing or holding steady across nearly all graphic applications, and decreases are limited in scope.
Aside from the Top 25 rankings themselves, the "Hot Markets for Print Demand in 2022" report also includes Vincent Mallardi's expert commentary and trends analysis about the types of printed products and print production processes that will be in the highest demand within each sector this year.
As a segment of the printing industry, functional/industrial printing is vast in scope and volume, but remains largely hidden from view. This reality comes from the fact that many serving this segment use printing as a single step within a broader manufacturing process, but do not generally classify themselves as printers.