According to a study by Smithers, the global market for label printing has been growing steadily and will continue to increase at an annual average growth rate of 4.1% in value terms to reach $45.22 billion by 2022.
Smithers further outlined some major technology advancements and trends that are emerging, having the potential to significantly disrupt the label printing market, two of these include:
‘Greater automation in label printing: new demands on label printers for shorter print runs, faster turnaround, and greater flexibility and customisation is driving the label printing industry towards higher levels of automation.
Digital print: with the end-users of printed labels requiring the ability to provide greater variety and opportunities for customisation from printers, developments in the digital (toner and inkjet) printing processes are attracting the highest levels of investment. The drive is to improve print run speeds and print quality, and reduce production costs.’
Visitors can see the latest solutions to tap into the label printing trends and be part of this growing market at the Graphics, Print and Sign Expo, taking place from 14-16 September at the Gallagher Convention Centre.
Africa Print is a proud media partner of this event, which will take place 9am to 5pm daily. Entrance is free. To register, and for more information, click here. The event is sponsored by Roland and Stixo Signage Supplies.