Establishments primarily engaged in gravure printing. Establishments primarily engaged in making and preparing plates for printing are classified in Industry 2796.
Currently, the Commercial Printing, Gravure industry (NAICS 2754) is undergoing significant transformation driven by various qualitative trends. One of the most prominent is the increased integration of digital technologies and automation in printing processes. Companies are adopting cutting-edge machinery capable of producing high-quality prints at faster speeds while minimizing waste, thus enhancing operational efficiency and sustainability.
Sustainability is another critical trend. The industry is witnessing a shift towards eco-friendly practices, including the use of biodegradable inks and recycled materials. Gravure printers are increasingly focused on reducing their environmental footprint to meet the growing consumer demand for sustainable products and comply with stringent environmental regulations.
Moreover, there's a rising emphasis on customization and short-run production. Clients now expect more personalized print jobs with quicker turnaround times, urging commercial printers to adapt their services accordingly. This trend is powered by advancements in digital printing technologies that complement traditional gravure techniques, offering a blend of quality and flexibility.
Looking ahead, the industry is expected to continue evolving with the adoption of smart printing technologies and IoT (Internet of Things) solutions. These innovations will enable better tracking, maintenance, and optimization of printing processes, ultimately leading to cost savings and enhanced product quality. Additionally, the demand for high-quality packaging and labels is forecasted to grow, driven by e-commerce and consumer goods sectors, providing new revenue streams for commercial gravure printers.
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.