The rise of the Internet is also putting pressure on the print industry, as more people are turning to the medium for their daily tasks.
More than 100 per cent of the printed articles produced globally in the first half of the year were in print, according to The Economist.
The paper found that the industry saw growth in print subscriptions from more than 25 per cent in the second quarter to almost 45 per cent this year.
The figures also showed that the number of printed articles sold was up from the same period last year.
But the industry is not just focused on digital printing.
The Australian Printing Industry Association, which represents the sector, said the sector would need to “invest heavily” in the digital printing industry to remain competitive.
“There’s a huge opportunity here for the digital print industry to be part of the digital economy in the long-term,” the association’s president, Craig O’Brien, said.
Digital printing is used for a range of things, from medical scans and packaging to packaging for e-commerce and home decor, and has been growing in popularity.
However, the industry still needs to increase its workforce in order to meet demand.
As part of its plans to invest in digital printing, the ABS said it would increase the number and pay wages of its workforce from 4 per cent to 8 per cent. AAP