(Norwell, MA) September 17, 2002... CAP Ventures estimates that the European forms market will grow from 1,454 thousand tonnes in 2000 to 1,546 thousand in 2005, representing a compound annual growth rate (CAGR) of 1.2%. Despite the overall increase in volume, however, the forms market is decreasing in value. In terms of revenue, the market is expected to decline at a 3.8% CAGR from US $5.7 billion in 2000 to US $4.7 Billion in 2005.
Faced with declining revenues, business forms printers are exploring how they can develop smarter, quicker, and cheaper business practices to better differentiate their services. In the future, the most successful companies will be those that can move up the value chain to address their customers’ need for total workflow integration, making the transition from business forms printer to business communications service provider.
Innovators in the European business forms industry have developed services that distance them from the actual printing of the job. Services include forms management service, such as just-in-time production and consulting services in developing and optimizing the forms, including building a forms library. They also offer archival and extraction services for filled-out forms (data capture), direct mail with personalization, electronic forms (e-forms), intelligent forms (I-forms), and overall business administration.
CAP Ventures recently completed a comprehensive research study, which takes an in-depth look at the European business forms market. Key features of the study include:
* A comprehensive overview of the business forms industry, highlighting trends and developments directly affecting your business
* Analysis and advice on transitioning to value-added products by identifying key opportunities for business forms printers
* Detailed market data for pre-printed impact and non-impact forms
* In-depth technology overview
* Market analysis of Western and Eastern European countries
The complete findings of the study are available immediately in CAP Ventures' research report entitled “The European Business Forms Industry.” To learn more about the study or to make a purchase, please contact Allison Hadley at (781) 871-9000, ext. 208 or via e-mail at [email protected]