Latest Report Update: Oct 6, 2021

U.S. Sign Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Sign Market Overview 2021

Sign Market Size in the U.S.

The U.S. sign market expanded to $X in 2020, with an increase of X% against the previous year. In general, consumption posted a tangible expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Sign consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Sign Production in the U.S.

In value terms, sign production expanded to $X in 2020. Overall, production continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Sign production peaked in 2020 and is expected to retain growth in years to come.

Sign Exports

Exports from the U.S.

In 2020, the amount of signs exported from the U.S. shrank markedly to X tonnes, reducing by -X% on the previous year. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, sign exports contracted remarkably to $X in 2020. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and the Philippines (X tonnes) were the main destinations of sign exports from the U.S., together comprising X% of total exports.

From 2013 to 2020, the biggest increases were in the Philippines (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sign exported from the U.S. were Canada ($X), Mexico ($X) and Japan ($X), together accounting for X% of total exports. These countries were followed by China, Germany, the UK, the Philippines, South Korea and Australia, which together accounted for a further X Philippines saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average sign export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price posted a tangible increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Sign Imports

Imports into the U.S.

In 2020, supplies from abroad of signs decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, sign imports contracted remarkably to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest sign supplier to the U.S., accounting for a X% share of total imports. Moreover, sign imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), fourfold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2020, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Canada (-X% per year).

In value terms, China ($X) constituted the largest supplier of sign to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2013 to 2020, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Canada (+X% per year).

Import Prices by Country

In 2020, the average sign import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price showed a notable increase. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of signs to the U.S.?
+
In value terms, China ($110M) constituted the largest supplier of sign to the U.S., comprising 46% of total imports. The second position in the ranking was occupied by Mexico ($37M), with a 16% share of total imports. It was followed by Canada, with a 15% share.
What are the leading importers of signs from the U.S.?
+
In value terms, the largest markets for sign exported from the U.S. were Canada ($35M), Mexico ($30M) and Japan ($4.5M), together comprising 69% of total exports. China, Germany, the UK, the Philippines, South Korea and Australia lagged somewhat behind, together comprising a further 14%.
What is the average export price for signs in the U.S.?
+
The average sign export price stood at $24,539 per tonne in 2020, rising by 29% against the previous year.
What is the average import price for signs in the U.S.?
+
The average sign import price stood at $10,619 per tonne in 2020, surging by 7.2% against the previous year.

Product coverage:
• NAICS 339950 - Sign manufacturing

This report provides an in-depth analysis of the sign market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Brady Corporation
• Daktronics
• Young Electric Sign Company
• George P Johnson Company
• Gerber Scientific
• Derse
• Everbrite
• Rmg Networks Holding Corporation
• Watchfire Enterprises
• Prime Resources Corp.
• Apco Graphics
• Idl Worldwide
• Icon Identity Solutions
• Persona
• Federal Heath Sign Company
• Blair Companies
• Lanco Corporation
• Architectural Graphics
• Fellers
• Skyline Products
• Philadelphia Sign Co.
• Chandler Signs
• L.P.
• United Wire Craft
• Atlas Sign Industries of Fla.
• DSI Group
• Bullet Line
• Universal Custom Display
• Creative Solutions Group
• Watchfire Technologies Holdings II
• Watchfire Signs
• Amsterdam Printing & Litho
• Watchfire Technologies Holdings I
• Groupm Worldwide
• Yesco

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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