Last updateMon, 25 Sep 2023 7pm

Chief Economists: Geoeconomic Factors Undermine SDG Progress Amid a Weak Global Economy

Most economists expect the global economy to weaken in the coming year, as the world grapples with political and financial volatility.

Almost six in 10 believe the economic outlook will undermine progress towards meeting the UN Sustainable Development Goals, with 74% saying geopolitical tensions will have the same effect.
Experts warn that developing countries will face an increasing trade-off between development and climate action.

Economists Divided on Global Economic Recovery, Expect Rebound in Asia

Growth outlook has strengthened in all regions but chief economists divided on likelihood of a global recession in 2023
Experts do not see recent bank failures as signs of systemic vulnerability, although further turbulence may be ahead
Experts concerned about trade-off between managing inflation and maintaining financial stability, with 76% anticipating central banks to struggle to bring down inflation
Industrial policy is increasingly widespread and could further restructure global supply chains

Inkjet takes market share as innovation quickens in $40.98 billion global signage print market, Smithers data show

Print output for wide-format and other signage applications are recovering from a downturn at the beginning of the decade. The outlook is still challenging however, as new priorities are established in printed advertising, point-of-sale (PoS) signage, posters, decals, and vehicle graphics.

New 2023 AWA Study reports growth in global label demand

Labeling and product decoration are critical to the packaging industry, combining the essential information to identify a product with the sales enhancement properties of branding and on-shelf visibility. The status of this market is documented in the newly-published 17th edition of AWA Labeling and Product Decoration Annual Review 2023.

Inflation and declining FDA drug approvals will pose challenges for pharma contract manufacturers in 2023, says GlobalData

Pharma manufacturers will be challenged by the effects of high inflation and declining FDA drug approvals in 2023. Pharmaceutical companies have a high tendency to outsource the finished dose manufacture of new molecular entities (NME).

Global Trade Slows, But ‘Green Goods’ Grow

World trade hit a record $32 trillion in 2022, but growth turned negative in the last half of the year. Environmentally friendly products defied the trend.
Global trade was worth a record $32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned negative in the last half of the year and is set to stagnate in the first half of 2023.

Keypoint Intelligence Assesses and Forecasts Global Digital Textile Printing Industry

Keypoint Intelligence announces the availability of the 2021-2026 Worldwide Digital Textile Forecast. The forecast includes devices, inks, and applications used in wide format roll-to-roll textile printers geared to fabric print manufacturing for garment/sportswear, home décor fabrics, and industrial textiles.

Green IoT and Communication Technologies Boost Environmental Sensor Market Growth

Advanced and varied sensing and monitoring technologies protect the environment from harmful infections and toxins, according to Frost & Sullivan’s recent analysis of emerging sensor technologies for environmental monitoring. Green sensors assess the chemical composition of the soil, purity of the water, and air quality. The small size, low power, signal processing, and communications capabilities of sensors will be the primary factors driving growth opportunities across industries.

Smithers identifies new opportunities in $5.10 billion aqueous printing inks market

Smithers identifies new opportunities in $5.10 billion aqueous printing inks market
Water-based inks and printing are an increasingly popular option in many market applications. When ink chemistry and performance can be optimised, they promise a safer, more sustainable alternative to solvent inks in print rooms, especially for packaging converters.
The current market and latest commercial developments for both ink types are profiled in the brand new Smithers market report – The Future of Water-based vs. Solvent Printing to 2027.

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