The printing industry is growing rapidly worldwide. According to a report, the printing industry’s market share will be around $ 821 in 2022.
The printing business is in demand with countless people due to the increasing consumption.
Why is it asked? You can adjust the pressure to your liking. It allows buyers to do things their own way, which is why it is so sought after.
In such a growing industry, there are ever-evolving business opportunities that are profitable and require less investment. Below is a list of profitable business ideas and points to consider before starting a new printing business that can generate decent income.
Points To Consider Before Starting A New Printing Business
- Find a niche in the printing industry
- What will the company be called?
- Who is your target audience?
- How much investment do you need?
- How do you offer a printing service?
- What will the business revenue model be?
- Do you sell offline or online?
- Research about the equipment you need
- Research about the competitor and the market
- Get the required license or permit
Profitable print business ideas
- T-shirt print
- Mug printing
- Mobile cover printing
- Business cards / business cards printing
- Invitation and greeting card printing
T-shirt printing business
T-shirt printing is the interface between high-demand products and requires less investment. According to a report by Statista, the t-shirt market is expected to grow by 9.6% annually from 2020 to 2025.
You can bulk buy T-shirts to keep costs down. In addition, you don’t even have to invest a lot in the early stages.
You can sell custom t-shirts starting at $ 20 based on a variety of printing methods. The T-shirt including the print costs half of the above price. Imagine profitability, and when you’ve decided to get started with yours, join this webinar where our experts share a full blueprint for building your t-shirt empire from scratch.
Like t-shirts, mug printing is also in demand. Mugs make great personalized gifts and are great for brand promotion, sports teams, corporate items, etc.
The price range for cups starts at $ 20 and increases due to various factors. The vendors charge the buyer a fee based on the number of words and designs, the size of the mug, etc.
You can start this business at a low cost. To get started, you’ll need cups and printing tools.
Mobile cover printing
According to the Newswire Worldwide Report, the Cell Phone Case market will grow at an annual rate of 8.4% to $ 5.11 billion through 2024. One of the most popular print business ideas. Mobile cases are just another way of showing off a person’s personality.
The number of mobile users is also increasing day by day, as is the number of mobile covers. In addition, you can start this company for a very low startup cost. All you need is a basic knowledge of printing and equipment.
Printing of business / visiting cards
Every person or company needs to print out the business card in order to be able to easily contact someone. The business card is a useful tool to introduce your brand to the customer or supplier.
That is the reason for the great demand. The demand for business cards is increasing. However, with the small printing press and knowledge of designing business cards, one can start the business successfully.
Invitation and greeting card printing
From personal functions to corporate functions, invitation cards are a must have. Likewise, we all know that greeting cards are one of the best ways to convey wishes to those you know or love.
Both are useful for special occasions and events – invitation cards for inviting and greeting cards for greeting people.
Both are profitable business ideas as the investment required is lower and the profits are high.
If you’re looking to start a new printing business, above are some of the business ideas to work with. All of them require less investment in the early stages. You don’t have to be a specialist to get started. You will need some printing knowledge, tools, raw materials, and sales skills.