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    Breaking News

    Print Industry Prepares for Future of Shorter Print Runs, New Technology: Smithers

    There will be more investment in digital (inkjet and toner) presses by print service providers (PSPs).

    Print Industry Prepares for Future of Shorter Print Runs, New Technology: Smithers
    08.06.21
    A defining factor for graphics, packaging and publication printing across the next decade will be adjusting to print buyer demands for shorter and faster print runs. This will reshape the cost dynamics of print buying radically, and is creating a new imperative to invest in new equipment, even as the commercial landscape is reshaped by the experience of COVID-19.

    This fundamental shift is examined in detail in Impact of Changing Run Lengths on the Printing Market from Smithers, which was published recently. This analyzes the impact the move to shorter faster turnaround commissions will have on print room operations, OEM design priorities, and substrate choice and use.

    Among the major changes the Smithers study identifies over the next decade are:
    • More investment in digital (inkjet and toner) presses by print service providers (PSPs), as these offer superior cost efficiencies, and more frequent changeovers on short run work.
    • The quality of inkjet presses will continue to improve. The latest generation of digital technology is rivalling the output quality of established analogue platforms, like offset litho, eroding a major technical barrier to shorter run commissions,
    • The installation of superior digital print engines will coincide with innovation for greater automation on flexo and litho print lines – such as fixed gamut printing, automatic colour correction, and robotic plate mounting – increasing the crossover range of work in which digital and analogue are in direct competition.
    • More work on investigating new market applications for digital and hybrid print, will open these segments to the cost efficiencies of digital, and set new R&D priorities for equipment manufacturers.
    • Print buyers will benefit from reduced prices paid, but this will see more fierce competition among PSPs, placing a new emphasis on fast turnaround, meeting or exceeding customer expectations, and offering value-adding finishing options.
    • For packaged goods, diversification in the number of products or stock keeping units (SKUs) brands carry, will support the drive to greater variety and short runs in packaging print.
    • While the packaging market outlook remains healthy, the changing face of retail – especially the COVID boom in e-commerce – is seeing more small businesses buying labels and printed packaging.
    • Wider use of web-to-print platforms as print buying moves online, and makes the transition towards a platform economy model.
    • High-volume newspaper and magazine circulations have fallen severely since Q1 2020. As physical advertising budgets are cut, marketing through the 2020s will increasingly rely on shorter more targeted campaigns, with bespoke printed media integrated in a multi-platform approach encompassing online sales and social media.
    • A new emphasis on sustainability in business operations will support a trend towards less waste and smaller more repeat print runs; but also calls for innovation in raw materials, such as bio-based inks and ethically sourced, easier-to-recycle substrates.
    • More regionalization of print ordering, as many companies look to reshore. essential elements of their supply chains post-COVID to build in extra resiliency.
    • Greater deployment of artificial intelligence (AI) and better workflow software to improve the efficiency of smart ganging of print jobs, minimising media use and optimising press up time.
    • In the short term, the uncertainty surrounding the defeat of the coronavirus means brands will remain wary about large print runs, as budgets and consumer confidence remain depressed. Many buyers are willing to pay for increased flexibility via new
    print-on-demand ordering models. 
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