Printing in Minnesota
The Printing industry in Minnesota has stagnated over the five years to 2018. For the most part, the industry's difficulties have been experienced nationwide. The digitization of media has reduced spending on print advertising, particularly on locally distributed materials. Many small businesses have gravitated toward advertising online as consumer targeting has advanced and national networks have come to effectively serve localized marketing needs. These customers have historically been the lifeblood of commercial printers. Over the next five years, Printing industry revenue in Minnesota is projected to fall. This decline will lagely be in line with the national industry, with local drivers having only a marginal effect on industry performance.
Companies in this industry primarily print on paper, textile products, metal, glass, plastic and other materials, excluding fabric. Industry operators engage in a variety of printing processes including lithographic, gravure, screen, flexographic, digital and letterpress processes. This industry does not include publishers that also perform printing, nor does it comprise companies that perform prepress or postpress services without traditional printing.
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.
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