Greeting Cards & Other Publishing in the US - Industry Market Research Report
Description
Greeting Cards & Other Publishing in the US
The proliferation of paperless substitutes has dampened revenue for the industry. Many products, such as greeting cards, day planners and calendars, have increasingly been rendered obsolete as more consumers prefer digital alternatives, aided by the ubiquity of the smartphone. A significant portion of consumers that purchased greeting cards for holidays and birthdays in the past now reach out to friends and family via social media. As many downstream markets have consolidated, such as brick-and-mortar book store retailers, the industry has grappled with fewer retailers selling products. Overall, industry revenue is expected to decline at a CAGR of 2.5%, totaling an estimated $6.8 billion in 2023. Revenue is expected to fall 0.9% in 2023 alone, as industry profit slips to a meager 1.2%.
This industry comprises publishers that primarily publish greeting cards in print or electronic form. Some companies also publish products such as postcards, calendars, coloring books, yearbooks and more. This industry excludes newspaper, magazine, book, directory, map, atlas, database and music publishers.
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.
The proliferation of paperless substitutes has dampened revenue for the industry. Many products, such as greeting cards, day planners and calendars, have increasingly been rendered obsolete as more consumers prefer digital alternatives, aided by the ubiquity of the smartphone. A significant portion of consumers that purchased greeting cards for holidays and birthdays in the past now reach out to friends and family via social media. As many downstream markets have consolidated, such as brick-and-mortar book store retailers, the industry has grappled with fewer retailers selling products. Overall, industry revenue is expected to decline at a CAGR of 2.5%, totaling an estimated $6.8 billion in 2023. Revenue is expected to fall 0.9% in 2023 alone, as industry profit slips to a meager 1.2%.
This industry comprises publishers that primarily publish greeting cards in print or electronic form. Some companies also publish products such as postcards, calendars, coloring books, yearbooks and more. This industry excludes newspaper, magazine, book, directory, map, atlas, database and music publishers.
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.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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