Fespa continues that the fact that the manufacturing centres of Asia continue to make the majority of the world’s goods is good news for screenprinters. According to the US-based market research consultancy, Infotrends, screenprinting is predicted to grow by 4.6 per cent, year on year, until 2012, in the Asia-Pacific region.
At Fespa Asia-Pacific 40 per cent of the available space will be devoted to screenprinting products, compared to only 20 per cent at FESPA’s last event in Berlin, in 2007.
Meanwhile in digital printing, Infotrends reports that some areas of wide format UV printing have witnessed growth of between 25-40 per cent. Fespa says the growth of the digital sector is also further enhanced by the fact that, as in Europe, many screenprinters in Asia are now adopting digital printing technology, in order to remain as competitive as possible.
Textile printing is also enjoying a period of growth, with regional garment printing businesses benefiting from the thriving sportswear manufacturing markets in the Southeast Asian regions, as well as the increasing demand for exports.
Marcus Timson, event director of Fespa Asia-Pacific says, “This exciting show is taking place against the backdrop of a market that is ripe for development and one which also offers abundant opportunities. We are delighted to have all of the leading brands exhibiting with us in Bangkok, especially as many of them are using the occasion to launch new products.”
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.
Sign up to the Sprinter newsletter