Printing Business Startup: A Guide

0
1,205 views

Share on LinkedIn

The printing industry is growing rapidly all over the globe. According to a report, the printing industry’s market share will be around $821 in 2022.

The print business is in demand due to the escalation in its consumption among countless people.

Why is it in demand? One can customize print as per one’s need. It allows shoppers to get things done in their way, which is why it is so sought after.

With such a growing industry, there are continually evolving business opportunities that are profitable and require less investment. Below is the list of profitable business ideas and points to consider before starting a new print business through which you can generate decent revenue.

Points to keep in mind before starting a new print business

  • Find a niche within the printing industry
  • What will be the name of the company?
  • Who is your target audience?
  • How much investment do you require?
  • How are you going to offer a printing service?
  • What will be the revenue model of the business?
  • Will you sell offline or online?
  • Research about the required equipment
  • Research about the competitor and the market
  • Get the necessary license or permit

Profitable Print Business Ideas

  • T-shirt Printing
  • Mug Printing
  • Mobile Cover Printing
  • Business/Visiting cards Printing
  • Invitation and Greeting Card Printing

T-shirt Printing Business

T-shirt Printing is the intersection of high demand products and requires less investment. According to a report by Statista, the t-shirt market is expected to grow annually by 9.6% from 2020-2025.

You can buy t-shirts in bulk to reduce costs. On top, you don’t even have to invest heavily at the initial stage.

You can sell custom t-shirts starting from $20 based on different printing methods. The t-shirt, including the print, will cost you half of the price mentioned above. Imagine the profitability of it, and if you have made up your mind to start yours, you can join this webinar, where our experts will share a complete blueprint for building your t-shirt empire from scratch.

Mug Printing

Like t-shirts, mug printing is also in demand. Mugs make for excellent personalized gifts and work well for brand promotion, sports teams, company paraphernalia, etc.

The price range of mugs starts from $20 and increases based on various factors. The vendors charge the shopper based on the number of words and designs, the mug’s size, etc.

You can start this business at a low cost. To start, You need mugs and printing tools.

Mobile Cover Printing

According to the globe newswire report, the mobile phone cases market will grow at a CAGR of 8.4% by 2024 to $5.11bn. One of the high demanded print business ideas. Mobile cases are just one more way to show off a person’s personality.

Also, the population of mobile users is increasing day by day, and so are mobile covers. Additionally, you can start this business at a very less startup cost. All you require is basic knowledge to print and equipment.

Business/Visiting Cards Printing

Every individual or company requires to print the business card as a simple way of making contact with someone. The business card is a useful tool to introduce the customer or vendor to your brand.

That’s the reason for its huge demand. The demand for business cards is evergreen. However, with the small printing machine and the knowledge of designing business cards one can successfully start the business.

Invitation and Greeting Card Printing

Right from personal functions to corporate functions, invitation cards are a must. Similarly, all of us know that greeting cards are one of the best ways to pass on the wishes to the known or loved ones.

Both are useful for special occasions and events—invitation cards to invite and greeting cards to greet someone.

Both of them are profit-making business ideas as the required investment is less, and the profits are lofty.

Final Words

If you are looking to start a new print business, then above are some of the business ideas you can go with. All of them require less investment at the initial stage. You don’t need to be a specialist to start. You require some printing knowledge, tools, raw materials, and sales skills.

LEAVE A REPLY

Please enter your comment!
Please enter your name here