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Mena printing business forecast to grow to $32bn in 2019

Dubai - The Middle East and North Africa (Mena) continue to present one of the world's key growth regions for printing.
In 2019, the total value of the commercial print business in Mena is forecast to reach $32 billion, according to a research from Smithers Pira.
"The Mena region presents a vast opportunity for companies in the commercial printing business, which the report estimates will grow by 6.2 per cent by next year. This is way ahead of the growth rate for the world print market, which, at 1 per cent is struggling to adjust to declines in demand for traditional print products as media products become increasingly digitised," said Andy Thomas-Emans, Strategic Director at Tarsus Group, which organises the biennial Gulf Print & Pack.
In its last edition, the show welcome close to 10,000 visitors from 98 countries, with 252 participating exhibitors.
The report further identified that inkjet will remain the region's fastest growing print technology, with a compound annual growth rate (CAGR) of 12.7 per cent. This is followed by electrophotography and gravure.
"This shows that the region still has a huge untapped market for digital technologies that could spur the growth of the industry in the future," added Thomas-Emans.