DUBAI: FESPA Middle East, which connects senior decision-makers and trade professionals with leading OEM suppliers and distributors from the print, textile, and signage industries, will return to the Dubai Exhibition Centre from 20th to 22nd January, 2025, following a hugely successful inaugural event earlier this year.
According to international market research company Mordor Intelligence, the GCC digital printing market alone is estimated to reach US$1.16 billion by 2029, with a CAGR of 8.93 percent over the next five years. In addition, a report published by Dublin-based market insights and analysis company Research and Markets states that the broader global printing industry sector was valued at $357 billion in 2023 and is expected to top $443 billion by 2028.
The FESPA Print Census, a global industry research study updated in 2023, revealed that print service providers reported an average increase of 7 percent in revenues since 2018, despite the negative economic impact of the pandemic. Data received f
rom 1,788 respondents in 120 different countries, covering sign and display businesses, screen printers, commercial printers, textile and garment printing specialists, as well as packaging printers, highlighted a positive business outlook.
One of the key trends that FESPA observed was the demand for environmentally friendly products and practices, with 72 percent of print buyers actively seeking products that are eco-friendly or produced using sustainable processes. Other significant trends included faster turnarounds, increased personalisation, and shorter print runs.
FESPA’s inaugural event, which took place in January 2024, attracted over 150 brand exhibitors and more than 3,000 visits across three days. Participants came from 88 different countries, including the UAE, Saudi Arabia, India, Pakistan, Kuwait, Iraq, Oman, Jordan, Egypt, Bahrain, Qatar, Trkiye, Iran, and Tanzania.
Bazil Cassim, Regional Manager (Middle East and Africa), FESPA, said, ‘As an inaugural event, FESPA Middle East was extremely we
ll received. On average, exhibitors expected to generate over one million dollars in new sales, we had a 92 percent satisfaction rate with the event, and 85 percent believe that the show is now an important part of their marketing strategy.
‘This has provided us with an excellent foundation to build FESPA Middle East into a prominent event for the region’s printers and sign makers, presenting industry professionals with new technologies and products, affording access to high-quality educational content, networking, and knowledge sharing.’
Source: Emirates News Agency