News

25th July 2019

Smithers Pira forecasts global rigid plastic packaging market to reach $222.4 billion by 2024

The rigid plastic packing industry is reacting to new challenges around competition with innovative flexible packaging designs, and the exploration of new markets in transition economies.

24th July 2019

Double-digit growth to push world digital printing for packaging market to $31.6 billion in 2024

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.

23rd July 2019

Smithers Pira forecasts global nonwovens market to reach $64.8 billion by 2024

In 2019 hundreds of nonwoven products are in use globally. Such a diversity leads to equally diverse supply chains, competitive environments, drivers, trends and regulatory issues.

11th July 2019

Smithers Pira forecasts global bioplastic packaging market to reach $8.8 billion by 2024

The plastics industry is a major contributor to the global economy, providing foundational technologies and materials for all key segments. With a new emphasis on sustainability from leading packaging converters and food and beverage brands there is an increased demand and opportunities for bioplastics.

9th July 2019

Non-cash payments set to reach 1.96 trillion transactions by 2029 according to Smithers Pira

Despite an established pedigree as the preferred medium of exchange for thousands of years of human history cash, initially coins, but now banknotes, are increasingly under pressure from digital payment methods – credit/debit cards, credit and bank transfers or electronic wallet applications, and even virtual or cryptocurrencies.

27th June 2019

Digital print increases market share to 21.1% displacing analogue print market

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.

13th June 2019

Smithers Pira forecasts global packaging market to $269 billion by 2024

Over the last 10 years, flexible packaging has taken off, doubling in size to $228 billion in 2019. In Smithers Pira’s latest market report The Future of Flexible Packaging to 2024 forecasts that it will continue growing by an annual rate of 3.3%, reaching $269 billion in 2024.

28th May 2019

Smithers Pira to present digital print forecast at the Global Wallcoverings Association’s Annual Con

Smithers Pira, the worldwide authority on the packaging, paper and print industry supply chains, has announced that one of their print experts will be presenting at the Global Wallcoverings Association’s (IGI) Annual Congress on 31 May to 3 June 2019.

24th May 2019

World anti-counterfeiting packaging market to top $4.0 billion in 2024 according to Smithers Pira

The global market for brand protection, anti-counterfeiting and security packaging components is forecast to grow during the period 2019–24 at a compound annual growth rate (CAGR) of 4.4% to $4.0 billion.

22nd May 2019

Smithers Pira forecasts global printed signage market to return to growth by 2024

The global market for printed signage in 2018 was valued at $43.34 billion. Smithers Pira’s latest market report The Future of Printed Signage in an Electronic World to 2024 shows a small fall to $43.30 billion in 2019 in constant price terms.