Sizing the Print Industry in Europe—Bulgaria

Graphic Arts Trade Enterprises in Bulgaria

The graphic arts {industry} contains graphic arts print, typically additionally termed industrial print (though together with publication and specialty print on this overview), in addition to newspaper print, prepress and postpress corporations. Since 2012 the variety of printing institutions in Western Europe exhibits a gentle decline—the impact of ongoing consolidation within the {industry}.

Central and Jap European nations did fare higher, nonetheless. The variety of institutions in Bulgaria declined on common by 0.7% from 2012 to 2022 solely. The forecast expects the variety of corporations to stay flat. Bulgaria is cashing in on printing volumes shifting from Western Europe to CEE attributable to decrease labor prices whereas being a lot nearer to the top markets than e.g. the Far East. Thus far, Bulgaria benefitted much less from the shift and the printing {industry} continues to be modest in measurement. Nevertheless, as transportation routes are enhancing and inside demand is selecting up as nicely, there ought to be some future progress. It will primarily have an effect on revenues, that are anticipated to proceed to rise, whereas the strain to consolidate will maintain the variety of institutions flat. General, the variety of graphic arts institutions is prone to decline barely from about 650 in 2012 to lower than 620 by 2030.

Supply: digitalprintexpert.de/2024

As in all nations, the vast majority of corporations within the graphic arts {industry} in Bulgaria are small. Greater than 70% have lower than 10 staff (even after adjusting for dormant or non-productive corporations). The export focus will be seen in a good share of bigger corporations, nonetheless, though the whole quantity is small. Greater than 6% of all enterprises have greater than 50 staff, which is above the European common.

There are different necessary print producers which are, statistically talking, not a part of the graphic arts {industry}. These are folding carton, versatile packaging, corrugated, and label printing, plus photocopy providers and in-house printing. This provides one other 415 print enterprises in 2022—totalling about two-thirds of the variety of graphic arts {industry} enterprises in Bulgaria.

Additional Trade Information

This text is a part of a bi-weekly collection of items print {industry} knowledge in 24 European nations. The subsequent article will function Croatia. A European overview will be discovered right here: https://whattheythink.com/knowledge/119946-sizing-european-print-industry/

A breakout of all segments by nation and timelines for the variety of institutions, income, and employment within the graphic arts {industry} and different print segments will be discovered within the 2024 European Print Trade Sizing report. The report additionally options the variety of corporations by measurement class and nation. The report will be bought from the WhatTheyThink retailer. https://retailer.whattheythink.com/downloads/european-print-industry-sizing-2024/

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