More Than $37 Billion Expected to Be Spent Worldwide on Wide Format Graphics Output by 2009
SignIndustry.com - The Online Magazine for the Sign Trade. Home | Site Map | Buyer's Guide Search  :
Event Calendar Article Archive Message Boards Classifieds Product Showcases News Advertise Search Join Now

CATEGORIES
  3-D Signs
  ADA
  Architectural
  Awnings &
  Flexible Face
  Banners
  Business Development
  CNC Routing
  Computer Technology
  Digital Imaging
  Direct-To-Garment
  Dynamic Digital
  Electric
  Estimating
  Finishing & Lams 
  Flatbed UV
  Installation
  LED Displays
  LED Lighting
  Neon & LED
  Channel Letter
  Outdoor
  Painted Signs
  Screen Printing
  Sublimation
  Vinyl Signs
  Hot Shots
  Press Releases
  Tips & Tricks
  Industry Resources
  Books
  Event Calendar
  Associations
  Business Center
  Retail Sign Shops
  Advertising Info

Supply 55 - Guardian Laminators, BannerPRO Hemming System, Eco-Solvent Ink, ReelPRO take-up system



PRESS RELEASE

FOR IMMEDIATE RELEASE
July 1, 2005

More Than $37 Billion Expected to Be Spent Worldwide on Wide Format Graphics Output by 2009

I.T. Strategies estimates that the worldwide retail value of digitally printed wide format graphics output (what the end user pays for the printed output) reached $26 billion in 2004 and will grow to $37 billion by 2009, a CAGR of 7%. The majority of output is advertising related such as POP signage, trade show graphics and billboards. The advertising-related segment of the market is increasing both incrementally and at the expense of screen and offset printing technologies. However, decorative applications such as wallcoverings are increasing as more competitors enter the market and print-for-pay shops look for newer, more lucrative applications.

In 2004, output from aqueous ink jet printers made up 73% of the market but this will decrease to 46% by 2009, reflecting the introduction of eco/lite solvent printers printing both indoor and outdoor products and the shift of much POP output from aqueous to flatbed printers. According to Marco Boer, Consulting Partner at I.T. Strategies, “This does not suggest that aqueous printers are going away, but as a group they are shifting to the in-house environment where there is currently no associated retail value. However, research studies that we are currently involved in provide a snapshot of this segment and suggest that some in-house users do in fact resell output. We plan to incorporate these results in our forecast next year.”

About I.T. Strategies, Inc.
I.T. Strategies, Inc. is an established research and consultancy firm dedicated to serving companies in emerging digital printing markets. The company delivers intelligent data, analysis, strategy, and implementation practices to vendors in the digital printing industry around the world. From offices in Boston and Tokyo, I.T. Strategies conducts and delivers research data, offers interpretation and advice, identifies specific opportunities, and helps organizations implement these strategies to achieve effective solutions.

I.T. Strategies
51 Mill St, Suite 2
Hanover, MA 02339
Phone: 781-826-0200
Fax: 781-826-0151
E-Mail: infocntr@it-strategies.com
Website URL: www.it-strategies.com

Company
Home
Advertising Info
About Us
Contact Us
Privacy Policy
Site Map
Resources
Industry Resources
Associations
Retail Sign Shops
Books
Product Showcase
Event Calendar
Tips & Tricks
Message Boards
Classifieds
Buyer's Guide Listings
Search
Add My Company
Edit My Company

 

© Copyright 1999-2012, All Rights Reserved.