Forecast: Book Printing and Binding Turnover in the US

The book printing and binding industry in the US has experienced varying trends from 2013 to 2023. In 2023, the industry turnover stood at 443.32 million USD. Over the past decade, turnovers decreased significantly with a peak in 2015. The year-on-year variations reveal a declining trend that has gradually leveled out, with the latest annual decrease being relatively mild. The compound annual growth rate (CAGR) over the past five years shows a consistent decline averaging around -0.45% per year.

Forecasts from 2024 to 2028 indicate a continued but slow decline. By 2028, the expected turnover has a 5-year forecast CAGR of -0.37%. Future trends to watch for include the impact of digital printing technologies, shifts in consumer preferences towards e-books, and sustainability trends influencing print material choices. Adaptation to these changes could alter the trajectory of the industry's turnover.