Smithers believes now is the right time to publish the definitive study on the direct to shape printing market.
Growing adoption of ‘Direct to Shape’ printing has the potential to revolutionise the packaging industry. It has the potential to reduce the need for labels and release liners, reduce inventory and work in progress will ultimately significantly reduce costs.
The study will quantify the market (volume and value) and forecast growth over the next five years based on extensive new primary research.
It will also outline the competitive landscape, regulatory environment, and forecast technology developments and scenarios to 2024. The study will provide analysis of the drivers for adoption and potential inhibitors of growth for direct to shape printing. It will also look at pricing of inks and cost models in this sector.
FREE report - THE IMPACT OF COVID-19 ON THE PRINTING INDUSTRY
When purchasing a copy of this report you will also recieve a free copy of our brand new report
THE IMPACT OF COVID-19 ON THE PRINTING INDUSTRY.
COVID-19 will create permanent changes in printing demand. This new report builds upon solid socio-economic data and expert technical/market insight to assess the magnitude of these changes.
The report presents three scenarios, and models how the markets are likely to evolve in the immediate short-term and over the next five years, based on an in-depth assessment for each printed product, print process and geographic region.
The three scenarios – mild impact, probable impact and pessimistic – each show a fall in print demand, with labels and packaging least affected. Publishing output will fall most accelerating the existing decline, although there are short-term boosts for books. In commercial print lower marketing spend by businesses in recession depresses demand with volume and values falling, packaging and labels will grow but at a lower rate than previously forecast.
As part of the methodology, Smithers experts – led by Dr. Sean Smyth - interviewed printing and packaging companies across the global value chain (including equipment, paper, ink and plate suppliers) to ensure the market data and analysis is grounded in reality. The economic foundation of the model is the April forecast from the IMF.
There will be major industry re-structuring with weak print companies and suppliers failing as demand falls. Remaining companies will innovate and diversify, producing PPE equipment an early example as companies collaborate and widen the range of products and services they offer, with routes to market changing toward on-line.
This report is a critical tool to help navigate this disruption, identify potential threats as well as opportunities, and aid strategic planning as the entire printing industry faces a truly disruptive event that will accelerate many longer-term trends.
Smithers is providing
THE IMPACT OF COVID-19 ON THE PRINTING INDUSTRY immediately to existing customers of this report.