The magazine and periodical printing sector in the US, specifically through lithographic methods, is forecasted to experience a gradual decline. The turnover, measured in billion US dollars, indicates a steady decrease from 2024 to 2028. In comparison, the sector's value in 2023 stood higher. Year-on-year, the forecasted values suggest a consistent downward trend with a compound annual growth rate (CAGR) manifesting a negative pattern over the forecast period. Specifically, the sector is expected to experience a contraction in terms of turnover on an annual basis.
Future trends to watch for:
- Adoption of digital printing technologies that might further affect lithographic processes.
- Potential shifts in consumer preferences towards digital media, reducing demand for physical magazines.
- Environmental sustainability impacting printing practices and material costs.