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Procurement Market Intelligence Report

Industrial Printing Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Industrial Printing Services?

What is the average price of Industrial Printing Services?

This procurement report includes pricing information to help you purchase Industrial Printing Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Industrial Printing Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Industrial Printing Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Industrial Printing Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Industrial Printing Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Industrial Printing Services?

The industrial printing market has a low level of market share concentration. ProcurementIQ estimates that there are 4,353 providers of industrial printing services, with the top four vendors comprising less than 30.0% of total market revenue. This low level of market share concentration is primarily driven by few barriers to... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Customer Service

What customer service processes do you have in place? What is the turnaround for customer service questions? Does this differ depending on if it is via phone or e-mail?

How do I contact you for adjustments to my order or specifications? Does this affect cost or delivery?

What processes are in place to track customer satisfaction?

Can you offer customer references? What sort of orders did these customers make?

Financial Stability

What proportion of your revenue comes from printing services?

How does your company respond to increases in the cost of key inputs such as paper?

Are there certain markets from which you receive the majority of your revenue? Are any of these markets at risk of collapse?

How do you respond to risks in your supply chain? If one of your suppliers went out of business, would it result in a disruption of service?

Do you foresee the increasing popularity of digital media as a threat to the operations of your firm?

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Key elements for every RFP

What should my Industrial Printing Services RFP include?

Project Budget

Buyers should explicitly state their budget for industrial printing services.

Buyers should describe their preferred payment method and schedule.

Buyers should inquire about possible volume or bundling discounts that may be available.

For more information on pricing considerations, buyers can reference the Benchmark Price section of this report.

Selection Criteria

Buyers should evaluate vendors based upon their production and transportation capabilities.

Suppliers that can offer competitive pricing should be prioritized by buyers.

For more detailed descriptions of additional selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should specify when the bid award will be announced.

Buyers should include a detailed timeline of expected benchmark dates, including the announcement of the contract award.

Buyers should state the date by which they require printing services to be completed, including production and delivery.

Evaluate major factors to mitigate risk

How risky is the Industrial Printing Services supply chain?

In the three years to 2019, providers of industrial printing services have faced a moderate level of supply chain risk. Operators are dependent on several upstream markets for key input materials, particularly paper mills and ink, dye and pigment manufacturers. As a primary substrate used in industrial printing, paper suppliers... Subscribe to learn more.

HIGH

MEDIUM

LOW