Promotional Products in Canada
Rising consumer spending and wider Canadian corporate profit margins boosted advertising budgets over the past five years, which increased demand for this industry's services. Nevertheless, industry revenue growth has been tempered by rising external competition over the past five years. Online cataloging, ordering and processing has made it easier for clients to go directly to manufacturers, bypassing industry operators altogether. However, the industry will benefit from a move toward integrated advertising campaigns, whereby promotional products are used in conjunction with other forms of advertising as part of a coordinated marketing campaign. Companies will continue to favour promotional products because they offer the advantage of repeated, tangible exposure and potential brand name recognition. Furthermore, steady growth in corporate profit and total advertising expenditure will boost industry demand during this period.
Operators in this industry provide promotional products, such as key chains, magnets and pens. They also offer a variety of advertising-related services, including promotional product distribution, sign lettering and window dressing. This industry does not include advertising services, public relations services, media buying services, media representation services, display advertising services, direct-mail advertising services or marketing consulting services.
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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