In June, Graphiline published a FESPA study conducted by the office of InfoTrends studies and the association of FESPA professionals between May 2014 and April 2015.
Here are some extracts :
WHAT ARE THE MAJOR DEVELOPMENTS OF SPECIALIZED AND LARGE FORMAT PRINTING ?
Among the 1,200 printers who responded worlwide to this survey, 34% are screen and digital printers and 15% are commercial printers and reprographists.
OPTIMISM : CONFIDENCE INCREASE ON THE BACK OF TURNOVER GROWTH
The trend that emerges from this study is the optimism of business leaders : 80% of respondents are very optimistic or somewhat optimistic for their businesses. It exceeds 14% of their optimism for the sector in general, which indicates tat respondents have confidence in their own growth strategies, while remaining uncertain of the industry's capacity to progress.
The average annual growth rate from 2007 to 2015 was approximately 9% for companies in the printing sector and 7% for large digital format.
CUSTOMER REQUIREMENTS : PRINTING IS INCREASINGLY A SERVICE INDUSTRY
Customer requirements are driving continued efforts to improve efficiency, enabling faster recovery of employment levels, delivery on a just-in-time basis, delivery to the desired location, versioning and customisation.
CHANGES IN PORTFOLIO PRODUCTS
The study highlights a dramatic growth in textile prints on clothes, decoration and packaging samples : almost 80% of respondents reported an increase in demand for these applications. respondents indicate increasingly turning towards digital production for many of these products, as well as a probable migration to digital printing on clothing, stickers and printed electronics. The evolution of the catalogue is also reflected in the increase in rigid materials now used by respondents to manufacture 25% of products.
DIGITAL TECHNOLOGY, VECTOR OF CHANGE
More than half of respondents plan to invest in large format digital printing equipment, with an average expenditure of about 100,000 euros.
The last two major trends are that textile printing is growing in the markets of graphics, clothing, decoration and industry. Finally, the future of signage and in-store advertising is to integrate digital media.
Find the full article on Graphiline.com