Digitalization, demographic change, climate change – these megatrends are also having a significant impact on the transformation of the printing and paper industry. Nevertheless, paper and printed products will still be used and needed in many areas of life in the coming decades – the industry has a future. Sustainability plays a central role in this and will also be the central theme of the Touchpoint Sustainability special forum at drupa 2024 (May 28 – June 7, 2024 in  Düsseldorf, Germany).

With a comprehensive overview of the industry, various examples of best practices and a diverse stage program, Touchpoint Sustainability will be an independent, company-neutral forum and show what is already possible today, where the industry is heading and that sustainability also makes economic sense for companies.

High pressure to change – digitalization and sustainability as drivers
The current challenges and increasing demands from end customers must be met with innovations in mechanical and plant engineering. This can create new business models, reduce energy and material consumption and lower the error rate.

“In principle, paper and packaging will continue to play a central role in people’s lives. However, there is massive pressure for change, driven primarily by two factors: digitalization and sustainability,” explains Thomas Schiemann, Managing Director of the VDMA Printing and Paper Technology Association.

For years, increasing digitalization has enabled new solutions to make processes more efficient in terms of the use of time and resources. An important trend here is also the gradual improvement of analogue systems, which are in direct competition with new digital machines. Machine learning and AI are also driving automation and impacting print and packaging products. As a result, actual production and printing costs are falling, giving companies that invest in this field a competitive advantage.

Focus on sustainability
The second key driver for the transformation of the industry is the topic of sustainability. It is becoming an increasingly important decision-making factor for consumers. This is why companies around the world are increasingly investing in more sustainable processes and products.

Two aspects play a role here. On the one hand, specific consumer expectations must of course be addressed in order to survive on the market in the long term and maintain or increase brand value. On the other hand, more sustainable processes and products now offer huge potential, particularly in combination with digital solutions, to make processes more and more cost-effective, as it is basically mostly about the challenge of efficiency. The paper and printing industries are therefore already moving in the direction of a circular economy, also thanks to the considerable cost savings anticipated in the long term.

The role of the industry within this sustainable transformation will also be the key topic at the special forum Touchpoint Sustainability at drupa 2024. “The industry has good prospects for the future – but it needs to be prepared. Hardly any other topic concerns us more at drupa 2024 and in the entire mechanical and plant engineering industry than sustainability – not just from an ecological but also from an economic perspective. We are therefore delighted, with the Sustainability Touchpoint, to create a cross-industry platform for dialogue, discussion and knowledge transfer on the future of the printing and paper industry,” says Thomas Schiemann, who is responsible for this Touchpoint.

The 400 square meter special forum at drupa 2024 is organized by the VDMA Printing and Paper Technology Association and will showcase a variety of best practice examples and innovative solutions for greater sustainability across the entire value chain. Key industry players will present current solutions and ideas for the future through use cases and a varied stage program.

Industry forecasts and trends
What are the forecasts for the printing and paper industries against the backdrop of current megatrends and geopolitical upheavals? Overall, the industry is growing.

A recent study by Smithers* shows: Demand has been rising for some time and growth forecasts are good. Overall, Smithers expects average annual growth of over 2.1% for the global printing industry over the next five years, adjusted for inflation, after 1.1% in the past five years. This development is expected to be driven primarily by the labels and packaging sectors, where the growth of recent years will continue, albeit no longer at the same level. This sector currently accounts for around 60% of the global printing market.

Global production increases
The overall growth of the global print market – even adjusted for inflation – will actually accelerate slightly over the next five years compared to the corresponding previous years. The compound annual growth rate (CAGR) is expected to increase worldwide from 0.5% to 1.7%. For Western Europe, Smithers expects stable, almost unchanged development. Asia, by far the largest market, along with Africa are both expected to grow at a respective, average rate of around 3% per year until 2028, and thus post the highest growth rates. In North America, the market volume recently reported as slightly declining, is expected to stabilize again. This assessment is supported by the fact that the majority of global long-term investments by leading brands have been made in Asia in particular.