New AWA report promises post-COVID-19 update
New AWA report promises post-COVID-19 update
With a 40% share of the total labeling market, pressure-sensitive labels are still the leading label format around the world, as the sixth edition of AWA Alexander Watson Associates’ new AWAreness™ Report: Global Pressure-sensitive Label Market 2020 confirms. Not only that -- in 2019, pressure-sensitive labeling enjoyed 3.3% growth.
Current capacity utilization of printing companies in China has recovered significantly
Packaging and label segment very stable in the corona period
Data from Heidelberg Cloud provides trends on the current situation in the print industry
Weekly update under www.heidelberg.com/PMI-climate
This year’s drupa Spotlight report, Strategic choices in a competitive and converging marketplace, will be published in May. In a survey (conducted before the coronavirus outbreak) over 500 printers and almost 200 suppliers described the challenges and successes of launching new products and services. For many in the industry, planning their recovery from the coronavirus recession may well necessitate such launches, so lessons must be drawn on how best to do so.
Our recent automotive sector rating actions reflected the breadth and severity of the impact that the coronavirus outbreak is having on automotive demand. In late March, we placed the ratings of most US, Asian and European automakers and parts suppliers on review for downgrade and downgraded a number of them as well. We also cut our 2020 forecast for global auto unit sales, which we now believe will plunge 14% this year (see “Automotive Manufacturing and Parts Suppliers – Global: Outlook update: Decline in auto sales to accelerate on expanding coronavirus impact”). There is a significant risk that we will lower our sales projection again if it appears that the accelerating spread of the pandemic in the US and Europe will keep lockdowns and “shelter in place” mandates in place well beyond Easter.
Awareness Report: Global Wine Label Market 2020 is the latest edition in AWA Alexander Watson Associates’ timely updates on this increasingly-changing marketplace for labeling and packaging.
The global electric vehicle adhesives market was valued at US$ 261.3 Mn in 2018 and is anticipated to expand at a CAGR of ~32% during the forecast period. Asia Pacific has become the hub of the automotive industry over the last few years. Increase in demand for electric vehicles in emerging countries such as China and India is driving the automobile industry in the region. This is boosting the demand for electric vehicle adhesives. Strong government support and ad-hoc tax incentives have led to robust double-digit sales growth in automotive and electric vehicle industries in China. Rise in demand for small and battery-based efficient passenger vehicles in countries such as Thailand, Malaysia, and Indonesia is also anticipated to propel the automobile sector. This, in turn, is projected to augment the electric vehicle adhesives market.
From 2020 to 2022 almost 2 million new units of industrial robots are expected to be installed in factories around the world. New technology trends and market developments enable companies to react to changing requirements. The International Federation of Robotics shows top trends to innovate.
There will be a moderate increase in growth in the global print market across the next 5 years, as the industry adjusts to new product demands, more flexible business models, and a shift in geographic emphasis.
Functional and industrial print is presenting exciting new market opportunities even as traditional print segments decline, according to the latest research from Smithers.
In 2019 the total market value of all digital packaging and label printing is $18.9 billion. The digital print market has more than doubled over the past five years in value and print volume, making digital packaging the most dynamic and fastest-growing part of the print market as corrugated, cartons, flexibles and rigid plastics follow the more established digital label production sector.
The global market for 3D printing in construction sector (including various technologies that use 3D printing as a core method to fabricate buildings or construction components) is poised for solid growth over the next six years with a compoud annual growth rate (CAGR) of over 16 per cent by 2025, according to a new report.
The global print market is shrinking in volume but growing in value over the period 2014–24.The average value of print increase will slightly over the ten-year period, as a result of changes in the product mix and the print processes employed.