The engraving (printing) turnover in the US is forecasted to decline significantly from $34.57 million in 2024 to $13.51 million in 2028. From 2023 to 2024, the turnover was stable at $34.57 million but is expected to decrease by approximately 15.72% in 2025 and 18.23% in 2026, with subsequent years seeing even sharper declines of roughly 21.89% and 27.41% respectively. The compound annual growth rate (CAGR) from 2024 to 2028 is forecasted to reflect a steep downward trend.

Future trends to watch for include:

Technological advancements improving efficiency or capabilities in digital printing.
Shifts in consumer demand towards more sustainable or digital alternatives.
Potential economic factors influencing consumer and business spending on engraving services.
Impact of regulatory changes or trade policies affecting the printing industry.