Sign & Banner Manufacturing Franchises
The Sign and Banner Manufacturing Franchises industry has declined rapidly over the past five years. Although demand for signage has increased overall during the past five years, the industry has moved increasingly toward production of paper- and cardboard-based signage, while manufacturers of products made from wood, metal or plastic have benefited little from relationships with national franchises. The industry will look no less bleak over the next five years. Individual franchises will likely continue to essentially exit the industry by generating a majority of their revenue from commercial printing operations. While demand for signage in general is anticipated to continue growing, franchise operations will continue to be at a disadvantage in its fastest-growing areas, particularly customization and digital signage.
Operators in this industry primarily produce signs and displays, billboards, traffic signs and more for general advertising, traffic control and point-of-sale advertising. Reports in IBISWorld’s Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data (i.e. franchise fees). They show the number of franchise outlets, franchise revenue and the average profit margin earned by franchisees.
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.