The total printing revenues in the Mena region were $17.6 billion in 2012 and are forecast to grow 7.2 per cent per annum reaching $26 billion by 2018, a report said.
The printing industry in the Mena region will continue to witness rapid growth due to the growing infrastructure and associated developments, according to the Smithers Pira report. “Print media has a strong turnover in the Mena region with a surge in printing of books, periodicals, magazines, newspapers, large scale banners and other materials.”
“Commercial printing is finding inroads into ever growing sales and revenues regardless of the fact that there is a paradigm shift to alternative technology. This technology fad in terms of digital or electronic books and online communication has taken prominence but cannot scale the popularity of the printed tangibles as yet. Print industry is set to reach new heights with steady popularity of conventional large scale printing and the augmentation of online technology.”
Another facet of the printing industry – the textile printing industry in the country, is set to gather momentum as UAE stands as the world’s fourth largest trading center of textiles, generating an approximate $17.5 billion annually. Screen printing continues to hold a major share of the global textile printing market, in terms of production volume of printed textiles.
“One of the finest inventions of all times gifted by Johannes Gutenberg is undoubtedly the printing press which has seen ingenious innovations throughout decades.”
“It would be really difficult to imagine a world where we do not have books, magazines or newspapers to enlighten ourselves. New technologies have been boosting the process of printing, thereby helping GCC countries to expand their domestic industries. There has been a notable diversification among printing companies which are depending on value added services such as packing, shipping, signs and graphic design.”
ifpinfo
14 October
