Printing Industry Shows Growth
The 6th drupa Global Trends Report has been re- leased, showing a generally positive outlook for the printing industry. Globally 40 percent of printers stat- ed their company economic condition was “good” in 2018 compared to 13 percent who described their condition as “poor”, the rest rated it as “satisfactory”. This results in a positive net balance of 27 percent. For suppliers the positive net balance was 19 percent. Both groups remain optimistic, with 50 percent ex- pecting better conditions in 2019. Conditions vary between regions and between mar- kets. NorthAmerica continued to enjoy strong growth in 2018, Europe andAustralia had steady growth,while Asia, the Middle East and South and Central America were cautious and Africa was in decline.The 2018 re- sults reflect the established pattern in most regions, although the decline in the Middle East and South and Central America seems to get worse. In terms of capital expenditure, 41 percent of print- ers spent more in 2018 than in 2017,while just 15 per- cent percent spent less and expenditure grew in all re- gions except Africa.Those in packaging and functional markets were very confident while those in commer- cial and publishing markets were more cautious.
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Flexo Market News April 29, 2019 3
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