Industry News
Smithers forecasts global digital print market to reach $225 billion by 2029
D
electrophotography) systems will become increasingly important across the global print marketplace through the 2020s according to the latest exclusive research from Smithers. The print industry will continue to evolve in response to multiple economic, technological, demographic, ecological, and behavioural factors. The shift from physical to online print in publication, advertising and transactional print sectors, will continue to cut overall print volumes, and consumer expectations for future printed content is rising. This is manifesting in demand for shorter run work, faster turnaround, and better print quality. Smithersʼ latest market report ʻThe Future of Digital Print: Long-Term Strategic Forecasts to 2029ʼ identifies how the current and future generations of inkjet and electrophotography presses will capitalise on this demand. It forecasts that in 2029 the global digital print market will reach just over three trillion A4 print equivalents with a value of $225 billion, up substantially from $103 billion in 2014 at an average CAGR of 5.3% in value over 2014-29.
The report focuses on key supplier sectors for new print equipment, toners
Businesses 2019 list R C
Dimensions places 34th in Top 200 Derbyshire
orporatewear provider Dimensions has placed 34th on the 2019 Top 200 Businesses in Derbyshire list. The list was announced at a ceremony, which took place on Tuesday, October 9 at the University of Derbyʼs Enterprise Centre, with representatives from many of the Top 200 in attendance, as Dimensions maintained the same place in the rankings as in 2018. Speakers from the university spoke about the continued development of the county, as well as the winners being introduced by Marketing Derby.
Dimensions managing director, Hayley Brooks, said: “Weʼre excited to be named in the 2019 Top 200 Businesses in Derbyshire list – itʼs fantastic to have been named among prestigious businesses in a variety of sectors across the county. “We look forward to the next 12 months, and a period of sustained growth.”
| 16 | December 2019 igital (inkjet and
and inks. The drivers for the adoption of digital technologies are discussed and the technology developments that will shape future markets are assessed critically. There are also complete profiles of the leading equipment supplies globally.
While digital print has grown markedly over the last decade, Smithersʼ analysis identifies several outstanding challenges. How successfully these are to overcome will impact adoption in different end-uses across the 10 years
to 2029. These include: ● High costs – Capital requirements for the latest generation of high- performance digital print equipment are considerable. The cost of inks, toners and other consumables are also above those for most competing analogue
processes. ● Company culture and ways of working – For users to be successful in adopting digital print, a significant change in business processes, from sales through to production and dispatch is required. Integrating web-to-print business models in particular can give access to new customers and improve efficiency for
print service providers. ● Print quality – Toner output leads the way for digital print, competing with offset quality. Inkjet presses have
improved and can offer very high print quality in some applications, but many need primer and are still restricted in the range of suitable substrates, which will create a focus for further research
across the 2020s. ● Legislation and brand owner requirements – In packaging and labels there are stringent low-migration and anti-taint requirements. Digital low- migration ink sets and toners are available, but future work on lowering costs of these is necessary to capture
greater market share. ● Increasingly capable analogue presses – In parts of the low run print market, the cost-effectiveness of analogue presses is improving. This includes the fitting of inkjet stations in hybrid print configurations that can limit the impact of digital print in certain applications, especially those where variable data print and versioning are required. Smithersʼ latest report, ʻThe Future of Digital Print: Long-Term Strategic Forecasts to 2029ʼ examines the world markets for digital print equipment and printed media to 2029. Market data is presented in value and print volume terms across all key industry metrics, with inks and toners also quantified in tonnage terms.
Roland DG launches upgrade programme for TrueVIS VG owners
oland DG has launched its TrueVIS VG
Upgrade Programme, with current owners of VG-640 and VG-540 wide format printer/ cutters being offered the opportunity to enjoy many of the latest, most advanced functions of the VG2 series on their current
devices, via a simple conversion process.
The upgrade enables TrueVIS VG owners to make their printer/ cutters compatible with the latest TR2 inks, the latest version of powerful VersaWorks 6 RIP software, enhanced print and cut functionalities, a range of other firmware upgrades and a new hardware option which deliver enhanced productivity and efficiency.
By converting their current devices, VG owners will gain access to several G2 advantages, including GREENGUARD Gold-certified TR2 ink compatibility, with the ability to laminate and then immediately finish prints in just six hours for true same day installation.
VG-640/540 users can upgrade their devices by downloading the specified firmware and the latest version of VersaWorks 6 RIP software.
www.printwearandpromotion.co.uk
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