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Large format and industrial print in Asia Pacific
New IDC industrial printer tracker highlighting impact of COVID-19 on large format printer and industrial print markets reveals signs of recovery
The new Worldwide Quarterly Industrial Printer Tracker from International Data Corporation (IDC) shows that industrial printer shipments were significantly impacted by the COVID-19 crisis on a worldwide basis in the second quarter of 2020 (2Q20). The industrial printer market, comprised of the Large Format, Packaging & Label, Direct-to Shape, Direct-to-Garment, and Industrial Textile printer segments, saw worldwide shipments decline 46.8% year over year in 2Q20. That said, the report also revealed that the Asia Pacific region has showed the start of a recovery in the second quarter, with shipment growth compared to Q1 in the direct-to-shape, industrial textile, large format, and label & packaging segments.
Industrial Textile printer shipments contracted just 7% compared to 1Q20, with growth in the Asia Pacific region offsetting declines in other regions. The Kornit Presto is an advanced single-step solution for direct-to-fabric printing. The Kornit Presto eliminates the need for external process steps, and allows for high-quality printing on an extraordinarily broad variety of fabric types and applications. The Presto is used for multiple fabric types in industrial applications for fashion, textiles to home décor. The Kornit Presto is able to print 450 square meters per hour. The Kornit Presto does not consume water in the printing process, making it an environmentally friendly solution for direct-to-fabric textile printing.
Worldwide, shipments in the directto-garment segment declined just over 20% in 2Q20 compared to the first quarter. Shipments in the direct-toshape segment declined by over 26% in 2Q20 compared to 1Q20. Label & packaging unit shipments declined 12.5% in 2Q20 compared to the first quarter. Large format printer shipments
declined almost 25% worldwide in 2Q20 compared to 1Q20.
The EFI VUTEk 5r+ is the most technically advanced five-meter LED roll-to-roll printer on the market. The superwide, roll-to-roll printer offers the highest image quality at the highest rated throughput speeds along with the highest range of options, to give the lowest total cost of ownership.
"With much of the world still in
shutdown or just starting to come out of shutdown at the end of the second quarter, no segment or region was spared," said Tim Greene, research director, Hardcopy Peripherals at IDC. "While our research indicates many global manufacturers are rethinking supply chains to meet resilience and sustainability goals, those are longer-term initiatives. Shipments and hardware revenue across the large format and industrial printer market have declined due to nearterm challenges such as government shutdowns and capital budget cuts." Looking ahead, IDC expects both units and shipment value will stabilize in the second half of 2020 as the different geographic regions go through different phases of recovery. 2021 is still expected to be a recovery year as IDC anticipates economic recovery and supply chain digitization to drive investments in more flexible manufacturing technologies such as industrial printing solutions. The EFA+ by MPS is a fully automated multi-substrate flexo press that is designed for label production and flexible packaging printing on various substrates. The EFA+ has a high level of automation and ease of operation, enabling operators to maximize press
performance.
