Packaging and value-adding digital to boost growth in global print

Packaging and value-adding digital to boost growth in global print

Smithers Pira has forecasted annual growth in the global printing market of two percent each year from now to 2020, driven by growth in package printing, continued growth in emerging economies and added-value opportunities associated with digital print.

In its latest report, The Future of Global Printing to 2020, Smithers Pira stated that global printing output was projected to reach 870 billion USD in 2015. In constant value terms, the global market is up from the 2010 value of 806 billion USD to 824 billion USD, but the total print volume has fallen, from the equivalent of 50.5 trillion A4 prints in 2010 down to 49 trillion A4 prints in 2020.

 

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Source: www.labelsandlabeling.com