Forecast for Digital Color Presses in Package Printing

“Right now label and packaging converters worldwide bill about $2 billion annually for the output of their color digital presses,” Leahey continued. “While about 95 percent of that value is for labels for consumer goods, the young folding carton and flexible packaging applications are themselves growing. Geographically, Europe/Middle East/Africa (EMEA), and North America (NA) and are the biggest markets for color digital label and packaging presses. Asia Pacific and Japan (AP/J) and rest of world (ROW) are the smaller and faster-growing regions.”