FMN | March 6th, 2017

An N.V. Publication FLEX

March 6, 2017

Vol. 19 No. 5

Market News

®

Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com

drupa Releases Global Trends Report reported by Greg Kishbaugh O n the heels of the drupa trade fair, held last summer in Düsseldorf, Germany, the 4th annual Global Trends report will soon be released in its entirety. But an early evaluation of the report shows that print is recovering well globally from the 2007/2008 economic crisis. “Last year’s drupa showcased a global print industry that has regained its confidence in the future,” said Sabine Geldermann, Director drupa,“with lots of fresh technology and applications demonstrated to en- thuse both printers and their customers alike. This repor t shows that while lev- els of confidence vary between regions and markets, overall the print industry is on the up and will in- vest strongly to secure a prosperous future.” Roughly 850 printers and more than 300 suppliers represent- ing all regions and markets who visited drupa last year partici- pated in the survey. “All printers, whatever market or region they are from, know that if they want to succeed in the long term, they must con- tinue to adapt to the ever changing market and economic con- ditions,” said Geldermann. “This needs a ruthless approach to efficiency and automation while at the same time learning new skills and adding new value services. Nevertheless it is gratify- ing to report that overall, print got its ‘mojo’ back.” As to the general confidence of printers, globally, 42 percent of printers described their business as “good” in 2016, while only 11 percent reported it as “ poor,” a net balance of +31 per- cent, the highest recorded global result of the report series. (Cont’d on Page 12)

Flexible Packaging To Reach $238B The global market for f lexible packaging is expected to be valued at $238.5 billion by the end of 2016 and $358.7 billion by the end of 2024. This will be achieved through a projected Compound Annual Growth Rate of 5.2 percent from 2016 to 2024 in revenue, according to a new report from Transparency Market Research. In terms of materials, a majority of the global flexible packaging market uses polymers. By the end of 2024, the usage of polymers in f lexible packaging is expected to be valued at $223.5 billion. Remaining Flexible Stand-up pouches are expected to remain the leading product type manufactured in flexible packaging. By the end of 2024, stand-up pouch products are expected to generate a revenue of $85.9 billion. Its leading demand is attributed to the ease of storage of stand-up pouches, superi- or extension of shelf life for fluid contents, and above average abilities of taking on flexographic print.

For exclusive content and breaking news please visit www.flexomarketnews.com

Made with FlippingBook Online newsletter