FINAT Label Study ( Cont’d from Page 1)
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in Europe that looks at current status, anticipated market sizing and growth to 2022, converter bench- mark data, and production trends. As a percentage of the European printed label mar- ket in 2016, the study showed, digital represented 9.7 percent of market value, a percentage higher than the overall global figure but still a relatively small per- centage of the European printed label industry’s total value — in excess of € 16 billion. Of the 2000 digital label presses installed in Eu- rope, 76 percent are toner-based systems and 24 per- cent are inkjet/hybrid. However, the growth curve to 2022 shows inkjet press installation growth expand- ing at a higher year-over-year rate than toner-based press systems. Converters were also asked to define the challenges they are experiencing with their current digital presses.While cost of ownership came in at the top, press downtime due to service issues was in second place and the challenge of finding enough business to fill the available digital capacity came next. How- ever, another problem — printing high-opacity whites — was added to the list for toner-based press- es, and finishing requirements and color matching were also noted by inkjet press owners.
For more information please contact:
Robyn Smith 631-838-4408
Greg Kishbaugh 317-306-1060
Tom Vilardi 732-502-0500 ext 304
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