Big companies are expecting big sales this year, according to the Specialty Graphic Imaging Association’s (SGIA) Financial Outlook survey. Of the respondents who predicated 15-29% growth, those in the categories of $1 million to $4.9 million and $10 million or more in sales had the largest representation.
When asked to describe the areas that will fuel the growth, 20.8% projected digital imaging alone (32.4% in 2006), 19.4% projected a combination of screen and digital (24.2% in 2006), and 16.8% projected screen alone (16.8% in 2006). Respondents also described percentage of company sales in 2006 in terms of imaging technologies: 34% said screen printing accounted for 76-100% of sales; 40% said digital printing accounted for 1-25% of sales; 85% said pad printing accounted for 1-25% of sales; 60% said embroidery accounted for 1-25% of sales; and 60% said other types of printed products accounted for 1-25% of sales.
Data from the survey were compiled from the 713 responses to SGIA’s Financial Outlook survey, conducted Jan-Feb, 2007. Of the participants’ involvement with imaging, 53% said they focused on digital printing, 41% on screen-printed graphics, 32.1% on screen-printed textiles, 19.2% on embroidery, and 9% on pad printing. For more information about SGIA’s Surveys & Statistics, contact SGIA, 10015 Main St., Fairfax, VA 22031, 703-385-1335, fax: 703-273-0456, Web: www.sgia.org.
Podcasts3 months ago
Andy MacDougall Talks Biosensors, Electrochemistry
Photo Gallery2 days ago
33 Funny Memes That Screen Printers Will Understand All Too Well
Thomas Trimingham2 months ago
Three Things Every Screen Printer Should Do Right Now
Case Studies2 months ago
How a Professional Wrestler Began Supplying Screen Printed Apparel to the Wrestling Community
Best of the Business3 months ago
Diversity, Inclusivity, and the Screen Printing Industry
Tips and How-To3 months ago
How to Create Custom Shoes: a 3-Step Guide
Videos4 months ago
Apparel Decoration Trends for 2021 Part Two
Business & Industry1 month ago
Datacolor ColorReader EZ Portable Tool