Forecast: Printing Revenue in Canada

Between 2013 and 2023, the Canadian printing revenue experienced several fluctuations. After a decline from 2013 to 2014, there was a notable increase in 2015 and 2016. However, 2017 and 2018 saw only minimal growth. The major decline occurred in 2020, attributed to pandemic effects. 2021 marked a recovery, with steady increases observed through 2023. The CAGR over the last five years leading to 2023 stands at 0.18%, indicating a slight recovery trend. In 2023, the value reached 9.4099 billion Canadian dollars.

Looking ahead, the CAGR from 2024 to 2028 is forecasted to be 0.22%, showing tempered growth. By 2028, the market is expected to reach 9.54 billion Canadian dollars, reflecting a modest cumulative growth of 1.1% over five years. Future trends to watch include technological advancements in digital printing, environmental regulations influencing eco-friendly printing practices, and the potential impact of ongoing digitization on traditional print media.