GLOBAL PRINTER MARKET TO GROW 18% BY 2011

  • 2toner1-2
  • banner-01-26-17b
  • futor_902x177v7-tonernew
  • clover-depot-intl-us-ca-email-signature-05-10-2017-902x1772
  • Print
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • 161213_banner_futorag_902x177px
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • ink-direct-banner-902-x-177-v-1-2-big-banner-03-23-2017
  • 4toner4
Share

GLOBAL PRINTER MARKET TO GROW 18% BY 2011

 user 2007-09-04 at 11:47:00 am Views: 53
  • #18699

    Global print market to grow 18 per cent by 2011      
    The
    global print market is forecast to grow by 18 per cent by 2011, with
    fastest growth in developing/emerging countries, says a new study by
    print research and consultancy group Pira International.The Pira study
    predicts total value of global print by 2011 will be US$721bn. It also
    predicts that digital printing, both inkjet and toner, will account for
    just over a fifth of all print produced by value in just four years
    time, at 21 per cent.The emerging economies of the world will account
    for the bulk of the growth in print, with India tipped to be the
    fastest growing print nation, Pira says the value of print will
    increase by a whopping 73 per cent by 2011.Other hotspots include
    Russia at 69 per cent, with China, Venezuela and the Ukraine all tipped
    to grow by around 60 per cent. Australia’s nearest neighbours Indonesia
    and Malaysia will record print growth of more than 50 per cent by
    2011.Not surprising, Pira’s research shows that the consolidation and
    contraction in the number of active printers that characterised the
    global printing industry over the last five years will continue to
    prevail. These changes will be driven by slower growth rates in demand
    for print in the industrialised world, along with some significant
    changes in the technology and printing processes used in the
    industry.Freer trading, and the emergence of printing companies in Asia
    targeting markets in both North America and Western Europe, will have a
    growing impact on the printing industries in developed regions. Expect
    to see some relocation or expansion of production facilities from
    developed regions to emerging markets to capitalise on growth
    opportunities.Developments in all aspects of printing technology will
    help keep print competitive within the overall media mix by enabling
    printers to offer targeted, high quality, innovative products as
    cost-effective alternatives to non-print, electronic media. Printing
    technology developments will be particularly important in developed
    regions, since it is in these markets that the impact from alternative
    electronic media will be most quickly, and significantly,
    felt.Environmental pressures on all printing industries will grow over
    the next five years, but will be more intense in developed regions.
    Compliance will certainly have cost implications, and may put printers
    in developed regions at a competitive disadvantage compared to printers
    in the developing/emerging markets.The future shape of the printing
    industries in the emerging markets is more difficult to assess. What is
    certain, however, is that the output from these industries will grow
    much faster than that from those in developed regions. As literacy
    rates rise, and per capita income increases in developing markets,
    demand for various print products will explode.The report also reveals
    that in many developing regions, electronic displacement will lag since
    internet access is far behind that of developed regions. This is a
    temporary advantage for print growth in those regions.According to the
    authors, in the printing industry, as elsewhere, there are some
    wildcard factors. In this marketplace, the speed of development of
    inkjet printing and hybrid technology, and also the effect of
    environmental pressures are key. Given significantly faster rates of
    development than envisioned, both these factors could significantly
    change the structure of the printing industries in both developed
    regions and emerging markets.