06232024Sun
Last updateWed, 19 Jun 2024 7pm
>>

Print industry stays on course for growth worldwide: Digitalisation and sustainability are central topics

The print industry remains on course for growth worldwide. The sector posted sales of over €837 billion in the past fiscal year. “Our industry is growing and also has a future,” says Thomas Schiemann, Managing Director of the VDMA’s Print and Paper Technology Association.
In a current study[1] industry analysts assume that the global print industry will achieve annual average inflation-adjusted growth of over 2.1% over the coming five years after posting 1.1% growth over the past five years. This development, says Schiemann, will mainly be driven by the labels and packaging segments.

In Germany, the approximately 6,900 print and media companies generated around €17.6 billion with some 110,000 employees. “Nothing works without print. Germany continues to have Europe’s biggest newspaper market, mailshots are retail’s most important marketing tool, the market for packaging is on the rise and every supermarket is a showcase for the print industry,” says Kirsten Hommelhoff, Managing Director of BVDM, before the start of drupa in Düsseldorf.
Counting 1,642 exhibitors from 52 nations, drupa is the world’s biggest trade fair for print technologies. To the tune of 200,000 trade visitors from over 180 countries are expected at the eleven-day event. Nearly 75% of customers now come from abroad. With these figures drupa underscores its position as the most important hub for the global print industry, says Sabine Geldermann, Director drupa, Portfolio Print Technologies Messe Düsseldorf: “drupa brings the global ranges of innovative technologies, latest market developments and information together in one place.” drupa occupies the entire Düsseldorf Exhibition Centre on more than 140,000 m² net exhibition space in 18 halls.
This year the pivotal trends and topics will be digitalisation, sustainability and production automation. Here, the VDMA sees further opportunities for growth, say Schiemann: “The industry has good prospects for the future – but it has to be prepared. Hardly any other topic is as important to us at drupa 2024 and throughout the mechanical and plant engineering industry as sustainability, not only from an ecological but also from an economic perspective. We are therefore delighted to create a cross-sector platform for exchange, discussion and knowledge transfer for the future of the print and paper industry with our Touchpoint Sustainability.”
A total of 30 global players and partners, including German companies such as Heidelberger Druckmaschinen, Koenig & Bauer, Kurz, Tesa and Voith, will be showcasing the latest, energy-efficient print and manufacturing technologies at the Touchpoint Sustainability.
Like other sectors of industry, the print sector struggles with skilled labour shortages. The print industry has been affected by (skilled) labour shortages for years now, as the BVDM’s industry survey 2023 shows. Alongside rising labour costs skilled labour shortages are rated as one of the biggest challenges by more than 50% of companies. Add to this high energy prices as well as red tape. At drupa there are therefore numerous initiatives by associations and universities to promote careers in the printing industry.
www.drupa.com

 

comments

Related articles

  • Latest Post

  • Most Read

  • Twitter

Who's Online

We have 12791 guests and no members online

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.