Drupa Trends Report: one out of three printers looking to merge
The wave of mergers in the printing industry is not over yet. One out of every three (31%) printers has considered a merger, a take over or sale in the past year. That is only slightly more than the previous year (+3%). At least that´s what the 2nd Drupa Global Trends Report says. Nearly half has indeed just gone through a merger or will do this year. Printers are looking for cooperation because organic growth is very difficult in the current economic situation with small margins. Through strategic alliances printers can focus on both their core activities and new markets.
When questioned about investments, half of printers interviewed (51%) say they will invest in press technology, less than half (48%) will invest in finishing and four out of ten (41%) will invest in prepress and workflow automation. Print shops want to primarily invest in digital full colour offset presses (39%) and offset (24%). For packaging printers offset is most important (30%) and flexo print comes in second (25%).
The 2nd Drupa Global Trends Report is based on research conducted in October 2014 amongst 1100 printers and suppliers worldwide (mainly in Europe).
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