Technological Upgrade for Indian Paper & Print Industry
The Indian Paper and Print Industry is heading towards technological enhancement. The Printing Industry is gearing up to absorb the upcoming methods of printing like digital printing and UV inks. In the coming years, the market for printing and writing paper is expected to grow 6% annually. The Industry is witnessing new reforms in various subsectors, such as textile, labeling, or newspaper. Presently, the global market size for industrial printing (packaging, textiles and labels) is estimated $456.5 billion.
Over the last 5 years the Paper Industry of India received an investment of over $2.9 billion and is currently the fastest growing paper market around the world. The $7.3 billion worth paper industry of India is providing employment to 400,000 people directly and 1.5 million indirectly.
Industrial printing companies still use analogue printing who are struggling to fulfill customers` needs. Therefore, Digital Printing is an inevitable tool for commercial printing Campaigns for digital printing awareness and technological implementation by leading companies (Digitex India, Jaipur Printers) have made digital printing viable in the country. According to HP India, digital printing in India has evolved rapidly and an increase in demand from various industries will improve the power of digital printing to provide innovative results to the end customers. HP India believes that advanced and differentiated printing applications can help brands to have a competitive edge over other brands in a market like India.
The modern inks in the printing world are UV inks with a far better quality, which are dried through a photomechanical procedure instead of conventional evaporation and absorption. UV printing will enable print on matte and gloss surface, coated, hi-brite and supercal stocks which will give publishing companies a great competitive advantage in the market.
Recently, GEW introduced the fully air-cooled UV LED curing lamphead technology to the Indian market. The printing press which uses ArcLEd technology can be upgraded to LED to improve the control and cooling system. UV LED is the future of printing machines and better than the mercury lamps. This technology uses less energy as there is no mercury involved in the process and it ignites instantly.
Another interesting segment of digital printing is textile printing. Approximately 1000 digital printers are being used in the textile printing. In the coming three years, the number of digital printers in the industry will reach up to 3000. Surat, also known as Silk city of India, has more than 2500 textile mills out of which 80 are already using digital texting printing. The market is dominated mostly by Italian machines from the manufacturers like Robustelli and Epson. The global digital textile printing market is evaluated around $7.5 billion and in India only 1% of textiles are printed digitally. This means the digital textile printing sector has a great potential in the coming future.
Toyo Ink Arets India lately exhibited the latest label and package printing products at an event. The company introduced UV inks for Flexo-printing technology. Flexo-printing is a type of printing which uses flexible relief plate and is a modern technique of letterpress which can be used on any kind of surface including plastic, metallic films or paper. The company’s R&D, support and supply chain network will keep developing labeling and packaging products to deliver greater efficiency, performance and productivity to the customers.
The current digital printing presses in the market are able to deliver more accurate and feasible results. The diversification of printing techniques has immensely improved overall production capacity as well as the quality of offset and digital printing presses. The transformation of industries towards innovate ideas and special demands of customers will lead to change the printing styles across the country.
The global market for label printing will reach $49.90 billion in 2024
The global market for label printing has been growing steadily from 2014 to 2019, at rates of 4.8% in value and of 5.2% in volume (A4 prints). Smithers Pira’s latest market report ‘The Future of Label Printing to 2024‘values the market to be worth $41.02 billion on volumes of 1.21 trillion A4 prints or equivalent in 2019.
This is a 4% increase on the 2018 value of $39.46 billion, and up 5.5% on 2018 volumes of 1.15 trillion A4 prints or equivalent. The market will continue to increase up to 2024, at an annual average rate of 4.0% in value to $49.90 billion, and by 5.5% in volume to 1.59 trillion A4 prints or equivalent.
‘The Future of Label Printing to 2024’, critically analyses and forecasts how new demands from label customers and changing market dynamics will affect the choice of label materials and implementation of innovative label technologies to 2024. The key trends for different labels are:
Pressure-sensitive labels will further increase their market share as government regulations on tracking and barcoding requirements for medical and pharmaceutical products are implemented.
Wet-glue labels despite losing market share will see high-growth in certain product niches in segments, such as the beer industry in Asia.
Multi-part tracking labels market position is being eroded by newer electronic tracking solutions increasingly favoured by the logistics industry, such as RFID technology.
In-mould labels have a small share of the label printing market, but demand is holding steady owing to a growing perception of their eco-friendliness.
Sleeve labels: Shrink labels make up the largest share of the global sleeve market at 90% of global volume and are expanding into new areas, including the labelling of beverage cans.
This market report also takes a comprehensive look at print process trends in label printing. The most commonly used print process for labels in 2019 is flexography, used to print 403 billion A4 prints or equivalent with a value of $13.3 billion. However, with annual growth of 3.1% in value and 4.4% in volume over 2014–19, flexo is not keeping pace with overall market growth, primarily as a result of the rise of digital printing processes.
Source : https://www.smitherspira.com/news/2019/may/the-global-market-for-label-printing-will-reach-$4
Fascinated by 3D printing, says Governor
Governor Banwarilal Purohit said that he was fascinated by the potential of 3D printing in fuelling the growth of the printing industry.
The 3D printing or additive manufacturing had caught everyone’s attention, he said, after inaugurating the eAge Print 2019, organised by the Madras Printers’ & Lithographers’ Association (MPLA) here.
“Through a process of making three dimensional solid objects from a digital file by laying successive layers of material until the object is created, the 3D printing enables the production of even complex shapes using less material than traditional manufacturing methods,” he said.
Mr. Purohit also pointed out that the Asia-Pacific region was the fastest growing 3D bio-printing hub in the global market, largely due to the presence of a large client population and fast growing economies.
“India which has never been lagging behind in adopting advancements in printing technology is well on its way towards making the maximum use of 3D printing and institutions such as MPLA should take the lead,” he said.
Mr. Purohit also pointed that 3D printing was being used largely in medical, architecture, automotive, industrial, aerospace and military applications at present and expected to be increasingly adopted in other areas of printing considering the technological support that is coming its way.
The Indian Printing Industry has more than 2,50,000 big, small and medium printers and more and more entrepreneurs are joining the industry, he said.
With a fast growing consumer base and a rapidly expanding economy, the print industry was poised for a quantum leap forward, he said.
P. Chander, chairman, eAge Print 2019; G.N. Visvakumar, president, Madras Printers’ and Lithographers’ Association; Ravindra Joshi, President, All India Federation of Master Printers; Anbalagan, Secretary, Madras Printers’ and Lithographers’ Association and other dignitaries participated.
Thai printers press on despite digital challenge
The Thai Printing Association forecasts the printing industry will grow by only 2-3% in 2019 despite a government stimulus package offering personal tax reductions for purchases of new books and e-books this year.
The industry benefited from campaign activities in the run-up to the general election on March 24.
Pongthira Pathanapiradej, the association's president, said the industry normally generates 120 billion baht annually.
Thailand's printing industry includes several segments such as billboards, vinyl boards, newspapers and books.
"The sector trend has some room to expand as the printing industry remains a crucial need of consumers," said Mr Pongthira.
The book sector will enjoy tax perks, capped at 15,000 baht.
"With this measure, many publishers and bookstores are expected to gain sales nationwide, compared with the past when there were no measures to stimulate the reading market," he said.
"Thailand's paper consumption stands at roughly 70 kilogrammes per year per head, so the association expects further growth amid the penetration of digital prints and e-books."
He said although technology has disrupted the printing industry, the association is still very optimistic about demand from readers of novels and those who prefer the feel of paper-based books.
Thailand has 5,845 publishing and printing companies, 70% of which are small firms, while 20% are mid-sized and 10% are large companies.
Meanwhile, Mr Pongthira forecasts the printing on package industry to surge 10-20% in 2019 as packaging demand from the e-commerce and food and beverage sectors are driving local consumption.
"The printing on package industry is worth about 180 billion baht annually," he said.
Manit Kamolsuwan, president of the Thai Packaging Association, said the domestic packaging industry has the potential to expand in line with the trend of online shipping and e-commerce transactions.
"The paper packages segment has gained from this consumer lifestyle trend," said Mr Manit.
In 2018, the volume of paper packages reached 61.4 billion pieces.
The association expects this to grow to 71.3 billion pieces in 2019, driven by business-to-customer shipment flows in e-commerce.
He said plastic packaging products will be replaced by paper ones because of consumers' growing environmental awareness.
Beattrice Ho, project director of Messe Dusseldorf Asia, said Asia-Pacific is the largest print packaging market, accounting for over 42% of the global market.
"This region is expected to become the second fastest growing region by 2020," she said.
Printing companies merge to survive
Six printing firms have announced that they are seeking to merge their operations to form a new bigger company to survive difficult market conditions in their industry.
The boards of directors of Colourprint Limited, Digital Hub Limited, Kul Graphics Limited, Printfast (K) Limited, The Print Exchange Limited, and The Rodwell Press Limited announced that they will combine forces once they receive regulatory approvals.
“Subject to applicable regulatory approvals being received and other conditions being met, the transaction is expected to complete by the end of June 2019, paving way for the phased transfer of the companies’ commercial printing operations to the newly merged entity (ies),” said the six firms in a joint statement.
“During this transition phase, the companies will continue to operate independently and there will be no disruption to the delivery of goods and services.”
The companies cited difficult market conditions for the merger decision including competition and increased digitisation.
The firms print brochures, magazines, annual reports, branding and packaging materials among others. Some customers have stopped or reduced orders of physical print of their communication and marketing materials.
“The printing industry in Kenya has been facing considerable difficulties due to an extremely competitive landscape and a rapidly changing marketplace that is increasingly price sensitive and demands continual technological innovation,” they said.
“This has resulted in significant operational and financial challenges for all players in the industry. The Boards and shareholders of the Companies have therefore decided, subject to regulatory approvals, to join forces in order to ensure their viability and be better placed to respond to the demands of the current business environment.”
The statement was signed by the six directors of the firms including Amardeep Vidyarthi (Colourprint Ltd), Mehul Devani (Digital Hub Ltd) Kavit Bhakoo (Kul Graphics Ltd), Ajay K. Shah (Printfast (K) Ltd, Sachen Gudka (The Print Exchange Ltd), Bharat Shah (The Rodwell Press Ltd).
They said the merged giant firm will offer a “full-range of off-set, digital, and large format print, packaging and finishing services, as well as promotional branding products and services.”
Source : https://www.businessdailyafrica.com/corporate/companies/Printing-companies-merge-to-survive/4003102-5128850-r7wkqoz/index.html