State of the Industry: Print and Packaging
Printing Industries of America’s Ronnie H. Davis, Ph.D., vice president and chief economist, and Edward Gleeson, manager of economic and market research, provide an overview of the economy as it relates to general and package printing.
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Overall, the packaging segment of the printing industry in terms of profitability has outperformed the industry average. Since 2006 packaging printers have reported increasing profit rates, even at the onset of the current economic downturn. Package printers reported an average profit as a percentage of sales of 5.03 percent in our 2009 study (data collected January 2009 to June 2009, for most recent complete fiscal year), while the printing industry as a whole saw profits drop from 3.0 percent to 1.5 percent of sales (Fig. 2). During the past few quarters, printers have reported continued declines in profitability. Preliminary results from our Fourth Quarter 2009 Print Market Survey indicate that printers profit rates are still declining.
0 Comments
View Comments
- Companies:
- Printing Industries of America, Inc.
- People:
- Ronnie H. Davis
Related Content
Comments