The report on the South African printing industry describes the current market, lists corporate actions and other developments within the sector and focuses on factors influencing the success of the industry. The report profiles the major South African companies within the sector as well as print on demand franchises and SMMEs such as Beith Digital (Pty) Ltd and Altstadt Printing CC.
The South African Printing Sector
South Africa’s printing sector plays a valuable role in the local economy, providing approximately 54,000 formal jobs and generating annual revenue of around R51bn. The majority of local printing companies are SMMEs employing fewer than 100 people but the sector is dominated by large companies. Caxton & CTP Publishers and Printers Limited and Novus Holdings Limited, formerly Media24, are market leaders in the printing and finishing of magazines, books, catalogues and other commercial printing while Nampak, Mpact and AstraPak Limited dominate the print packaging market.
Developments in the Sector
The uptake of digitisation has impacted negatively on a significant number of printing companies, as well as on their suppliers, especially in the stationery sub-sector and as far as the printing of newspapers and magazines is concerned. This has resulted in the closure of numerous operations and a shift in focus for many companies, with Caxton for example expanding its packaging operations with the acquisition of Nampak’s Carton and Labels division. There has been growth in the print packaging and labelling segments, largely attributed to e-commerce, and analysts believe that this positive trend will continue. Digital printing technologies, including Print-on Demand and 3D-printing, have revolutionised the industry and are providing new opportunities for established printing companies and newcomers to the sector.