Market status and development trend analysis of China's printing industry in 2021

The market scale of China's printing industry still maintains an increasing trend year by year, but the growth rate has slowed down. In the printing industry, the number of enterprises and the total profit have declined. China's printing industry has been affected by the development of electronic media and the Internet to a certain extent.

In the future, based on the government's "Fourteenth Five-Year Plan" and the vision goal of 2035, it is clear that in the next five years, China will actively enhance the level of public cultural services, fully prosper the press and publishing industry and other policies to promote the printing industry, and the market size of China's printing industry is expected to reach 1.43 trillion yuan by 2026.

The market size of China's printing industry has increased year by year, but the increase has declined

From 2014 to 2019, the market size of China's printing industry has increased year by year, but the increase has declined. In 2019, the market size of national printing (mainly including publication printing, packaging and decoration printing, other print printing, etc.) was 1,378.645 billion yuan, an increase of 0.59%.

Since 2019, China's printing industry has been affected by electronic media, with a rapid decline in growth rate. At the same time, the global impact of the novel coronavirus epidemic in 2020 has also impacted the import and export of the printing industry. However, in the second half of 2020, China's control of the epidemic and the roll-out of vaccination have improved the domestic economic situation. Therefore, according to the forecast of a growth rate of 0.58% in 2018-2019, the market size of the printing industry is expected to be 1,386.7 billion yuan in 2020.

The number of enterprises and total profits showed a downward trend

In 2019, there were 240,000 press and publication units across the country, an increase of 3.6 percent over 2018. Among them, 142,000 legal person units accounted for 592% of the total number of units; There were 9,000 unincorporated units, accounting for 3.7%, basically the same as last year; There were 89,000 self-employed households, accounting for 37.1%, 2.9 percentage points higher than in 2018.

Due to the downward impact of the overall economic environment in 2020, the number of enterprises is forecast to decrease in 2020. According to the forecast, the number of printing enterprises in China will drop to 235,000 in 2020, down 2%.

According to the "2019 Basic Situation of the Press and Publication Industry" issued by the National Press and Publication Administration, the total profit of package printing and reproduction in China in 2019 was 77.412 billion yuan. In the proportion of operating income, printing revenue accounted for 99.88% of printing and reproduction, and this proportion speculated that the operating profit of China's printing industry in 2019 was 77.319 billion yuan, and the total profit of China's printing industry in 2020 was forecast to be about 74.9 billion yuan.

In the future, the market scale of China's printing industry will still grow

Although the printing industry is greatly affected by the electronic media, but the 19th Central Committee of the Communist Party of China formulated and adopted the "14th Five-Year Plan" and the long-term goal of 2035 clearly, the next five years China will actively improve the level of public cultural services, and comprehensively prosper the press and publishing industry. At the same time, with the printing industry closely following the transformation of science and technology, industry integration and other measures, it is expected that the future of China's printing industry market will still grow, but the growth rate will slow down.

From 2021 to 2026, the growth rate of China's printing industry market will slow down, and the market size is expected to be nearly 1.4 trillion yuan in 2021; By 2026, the market size will reach about 143 million yuan.