III. Industry Analysis
You can download our Business Plan Template (including a full, customizable financial model) to your computer here.
Even in a digital age, custom print projects are still in high demand. Individuals may request custom printings for artistic projects, to create invitations to special events, or to help their career (such as ordering resumes or business cards). Businesses often need hundreds of copies of flyers, brochures, marketing materials, and other products to achieve their organization’s goals. If an individual or business does not have the equipment to create their prints, they seek the help of custom print shops.
According to Mordor Intelligence, the global commercial printing market was valued at $433.79 billion in 2021 and is expected to grow at a rate of 1.74% from now until 2027. This growth is due to increasing advertising needs of enterprises all around the world. Therefore, now is a great time to start a new print shop, as these services are in demand all over the world.