Printed Products Stay the Course
Mirroring the national economy, the industry enjoyed mild improvement this year.
The printed products industry got another shake-up this year with the acquisition of Crabar/GBF by Ennis, jumping total sales for Ennis to more than $328 million.
But, that was not enough to hold on to the top spot. The former PrintXcel brands, now called Quality Park, reported total sales of $414 million to take over the No. 1 position.
Overall sales for the Top 100 Suppliers of more than $2.83 billion were slightly higher than last year's total of $2.78 billion. This total was comprised of $1.09 billion in forms (38.4 percent), $600 million in labels and tags (21.2 percent), $191 million in commercial printing (6.7 percent), $162 million in promotional products (5.7 percent), $118 million in direct mail (4.1 percent) and $674 million in other products (23.9 percent). The Other Products category is mainly comprised of plastic cards, services and office supplies.
The total number of employees reported by the Top 100 this year was 19,268, a decrease of 92. The total number of locations dropped by 10 to 356.
Productivity, as measured by sales per employee, increased to $147,031, compared to $143,733 reported last year. Sales per location increased to $8 million from last year's $7.6 million.
Top 10 Suppliers
The overall Top 10 Suppliers generated $1.39 billion in total sales and employed 8,946 people at 189 locations. This represents 49.1 percent of the overall Top 100 sales, 46.4 percent of total employees and 53.1 percent of total locations.
In terms of productivity, the Top 10 generated $155,153 in sales per employee this year, compared to $141,833 last year. For sales per location, the Top 10 generated $7.3 million vs. $6.6 million one year ago.
How the Leaders Fared
The Top 10 forms suppliers reported sales of $636.3 million, compared to $721.7 million last year. The Top 10 label and tag suppliers sold $358.6 million, compared to $347.7 million one year ago. The Top 10 commercial printers claimed revenue of $144.9 million, compared to $126.3 million last year. And, the Top 10 direct mail suppliers generated revenue of $86.2, slightly up from $86 million one year ago.