The simple fact that our 37th once-a-year rating of the premier printing providers dependent in the U.S. and Canada, as ranked by annual sales, is now the Printing Impressions 350 — and not the 400 — for 2020 serves as a microcosm of the latest, unsettled character of the printing industry amidst a throughout the world pandemic. So, it was really fitting that we also labeled the most the latest listing on our December 2020 deal with as “The COVID-19 Edition.”
Compiling this venerable listing was no straightforward feat — irrespective of whether it was monitoring down the needed information and facts from a $5.5 billion-in-product sales professional printing business powerhouse like RR Donnelley, to our 350th rated printer at $5.5 million. Thanks to the pandemic, printing companies, substantial and little, have struggled to preserve their gross sales amounts, and to hold on to their qualified workforces through, in some circumstances, short-term furloughs and Paycheck Safety Application (PPP) funding.
Because our editorial places of work keep on being closed thanks to COVID-19, we also could not output and mail the preprinted kinds we typically deliver out as our first attempt to acquire information. So, we shifted straight to email blasts incorporating personalised URLs (PURLs) that enabled on the internet updating. From there, it grew to become an all-fingers-on-deck editorial energy of emailing and producing cell phone phone calls to our databases of non-responders.
Inspite of our makes an attempt, a number of privately-held printing businesses — which constitute the true main of the printing marketplace — elected not to disclose their product sales figures. We did, nonetheless, include things like each Taylor Corp. and the CJK Team, using Dun & Bradstreet (D&B) estimated annual product sales calculation, due to these two companies’ marketplace dimensions and prominence.
So, what experienced been the Printing Impressions 500 for many a long time, then the 400 for quite a few more, is now the 350.
Substantial Printers on 2020 Printing Impressions 350 in Turmoil
Even so, the 2020 Printing Impressions 350 reflects ongoing field developments. Commencing at the best of the record, turmoil stays among the a lot of of the pretty biggest printers. For case in point, following filing Chapter 11, publicly-held LSC Communications was recently acquired by private fairness firm Atlas Holdings. Cenveo Enterprises — a further publicly-held marketplace consolidator that exited personal bankruptcy safety back again in September 2018 as a private enterprise — rather became a seller in 2020 of many property to Intellicor and CJK Team. And the CJK Team continued to grow its guide production platform by means of M&A specials by acquiring Quad’s 1 million-sq.-ft. reserve plant in Kentucky final July.
Speaking of guides, that current market phase of the printing market has demonstrated the most imbalance concerning source and demand amidst COVID-19. Quad exited the e book market totally, just after promoting its two remaining ebook manufacturing plants to Berryville Graphics (Bertelsmann Printing). Guide printing powerhouse LSC downsized capacity by shuttering its huge Kendallville, Ind., book facility. These moves, in section, reflect evolving reserve publisher demands for shorter-run, digitally printed (generally inkjet) portions developed on-desire instead than in greater portions on offset presses.
Pandemic Accelerates Business Printing Sector Shift From Typical to Digital Inkjet, Toner-Based mostly Printing
The pandemic, in general, seems to be accelerating the business printing business change from the lithographic system to digital print manufacturing. With the proliferation of e-commerce all through all elements of our society, switching purchaser behavior need much more on-demand from customers, fast-turnaround print business enterprise products. With all of the uncertainty encompassing brick-and-mortar establishments and a faltering economic system as a end result of COVID-19, entrepreneurs and model supervisors look for larger adaptability to pivot, and significantly less potential for obsolescence.
Toner- and inkjet-based mostly manufacturing also allows much more social distancing among staff members in pressrooms, and lowers head counts of push operators and other creation staff members inside plants — which all assist to mitigate any outbreaks.
Some printers on our PI 350 list have been ready to pivot their enterprises improved than other people in reaction to the pandemic, these kinds of as by expansions into more economic downturn-proof and higher margin packaging marketplaces by producing PPE these kinds of as masks, shields, and protecting barriers and by way of broad-structure electronic programs like COVID-connected signage and banners.
The year 2020 was surely one particular that none of us will at any time overlook — for all the incorrect good reasons. But hope springs everlasting that some sense of normalcy will return as large swaths of the U.S. and Canadian population turn out to be vaccinated.
The printing industry is resilient, and industrial printers are now positioning on their own to ride the anticipated upturn in 2021 — and outside of.
Leading 10 Printing Companies That Made the 2020 Printing Impressions 350 Checklist
Rank|Firm Identify|Headquarters|Once-a-year Sales
- RR Donnelley|Chicago|$5.50B
- Quad|Sussex, WI|$3.92B
- LSC Communications|Warrenville, Il|$2.84B
- Taylor Corp.|N. Mankato, MN|$2.50B
- Cimpress|Waltham, MA|$2.48B
- Transcontinental Inc.|Montreal|$2.28B
- Cenveo Enterprises|Stamford, CT|$1.00B
- Donnelley Money Remedies|Chicago|$874M
- CJK Group|Brainerd, MN|$664M
- Mondi North The usa|Jackson, MO|$650M
Click on listed here to down load the total 2020 Printing Impressions 350 record, including the Leading 5 rankings of the largest Reserve, Catalog, Direct Mail, and Publication Printers as rated by phase product sales. For comparison sake, you can also simply click listed here to obtain the 2019 Printing Impressions 400 record.