The “Printing Industry in South Africa 2024” report is now available on ResearchAndMarkets.com. This comprehensive report offers insights into the South African printing industry, covering key areas such as digitisation, newspaper and magazine circulation, manufacturing output, revenue trends, and capacity utilisation. It also highlights notable industry players and corporate actions, along with influencing factors like input costs, technological advancements, and emerging opportunities.
The report profiles 67 companies, including state-owned Government Printing Works and major industry players like Media24, Novus, CTP, Bidvest, Mpact, and Nampak. It also features label and packaging printers such as Universal Labels and Taurus Packaging, as well as printing franchises like Jetline.
The industry has faced significant disruption due to the rise of digital media, leading to a sharp decline in demand for printed newspapers and magazines. Despite the presence of around 1,600 printing companies, the industry is largely dominated by major players with long-term, high-volume contracts.
However, areas like packaging, retail, advertising, and security printing for African governments are showing pockets of growth, offering revenue diversification. Digital printing, particularly for short-run and variable printing orders, presents significant opportunities, leading to the growth of small print shops.
Market Trends:
- Increased adoption of digital printing to cut costs and attract customers.
- Industry decline spurring innovation, consolidation, and product diversification.
- Dependence on imported paper due to reduced local supply.
- Accelerated decline since the pandemic.
- Focus on cost-cutting and reducing capacity.
- Growing ability to print on recyclable and biodegradable materials using eco-friendly inks.
- Targeting retail and advertising sectors to boost demand.
Opportunities:
- Educational book printing.
- Large-format printing for outdoor advertising.
- Printing on packaging.
- Retail leaflet printing.
- Security printing (e.g., ID documents, passports).
Challenges:
- Slow uptake of digital printing.
- Expensive and unstable local paper supply.
- Decreased demand for traditional printing.
- Lack of comprehensive industry data.
Market Outlook:
The future of the South African printing industry is marked by further decline, driven by the ongoing digitisation of media. Companies investing in digital printing technologies that support a variety of materials and eco-friendly inks may continue to thrive. The industry is expected to consolidate and diversify further, with expansion into Africa being a key strategy.
Key Topics Covered:
- Introduction
- Industry Overview
- Value Chain
- Geographic Position
- Industry Size
- Local Market Analysis
- Industry State
- Key Trends
- Notable Players
- Trade and Corporate Actions
- Regulations and Social Development
- African Market Overview
- International Market Overview
- Influencing Factors
- Economic Environment
- Technology and Innovation
- Input Costs
- Competitive Landscape
- Competition
- Ownership Structure
- Barriers to Entry
- Industry Summary
- Future Outlook
- Industry Associations
Companies Featured:
- Government Printing Works
- Media24
- Novus Holdings
- CTP Ltd
- Bidvest Paperplus
- Mpact Ltd
- Nampak Products
- Universal Labels
- Taurus Packaging
- Jetline Franchises, among others.
For more details, visit ResearchAndMarkets.com.
