FACTS & STATS: Brand-Innovation-from-Value-Chain-Inspiration
Jun 2018
Smithers Pira values the global flexo print market in 2013 at $147 billion, with a forecast for 2.3 percent CAGR. Key to this growth are packaging-related industries including corrugated board packaging, flexible packaging, bags and sacks, and others.
Source: Smithers PiraJun 2018
InfoTrends found that 1.8 trillion color pages digitally printed on an annual basis feature some sort of embellishment or enhancement.
Source: PrintWeekJun 2018
Over 90 percent of consumers retrieve and review their mail every day.
Source: NPOA Industry Updates, June 2018Jun 2018
Data from the Institute of Supply Management (ISM) showed that US factory activity expanded at a faster pace in May, as the manufacturing purchasing manager’s index rose 1.4 points to 58.7. This slightly beat consensus expectations of an increase to 58.5 and marks the 21st consecutive month of expansion in the manufacturing sector
Source: FreightWavesApr 2018
According to a study by Deloitte and MAPI, 51 percent of respondents believe their digital supply network (DSN) maturity is at least “above average” compared to competitors, yet only 28 percent have started implementing DSN solutions.
Source: Deloitte and MAPIApr 2018
End-to-end supply chain transparency is the No. 1 operational goal for many manufacturers, as it represents the key to significant efficiency gains, yet only 6 percent of respondents to a Deloitte survey are part of a manufacturing ecosystem in which every member of the ecosystem can see each other’s data.
Source: Deloitte and MAPIMar 2018
McKinsey estimates that firms will derive between $1.3trn and $2trn a year in economic value from using AI in supply chains and manufacturing.
Source: The EconomistMar 2018
Goldman Sachs expects AI to bring logistics costs down by at least 5%, which could generate additional profits of $25bn over the next ten years.
Source: The EconomistJan 2018
By 2022, the rapidly expanding digital packaging market will grow by almost 13 percent CAGR to reach $22.4 billion.
Source: Smithers PiraJan 2018
In 2017, the fast-growing digital packaging market amounted to some $12.8 billion sales, which is 3.25 percent of all printed packaging. By 2022, this will grow by almost 13 percent CAGR to $22.4 billion while print volume and tonnage are growing much faster.
Source: Smithers Pira