Seeing Is Believing

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HP’s meeting in Singapore started off with a conference featuring a number of presentations followed by a panel discussion on various aspects of digital printing. Alon Bar-Shany, Vice President and General Manager of HP Indigo Digital Press Division kicked off the conference proceedings by introducing HP Indigo’s achievements and stating HP’s objective of maintaining its position as the fastest growing player in the Graphic Arts business, which represents 86 per cent of the total of 48.1 trillion pages printed in 2005 (Home/office/photo at 9 per cent and other segments at 5 per cent constitute the balance). Of this, digitally printed pages represent only 6 per cent but are projected to grow @ of 17 per cent per annum in value terms between 2005 and 2010 as against 3 per cent per annum for the analog segment. According to PRIMIR, the total global print market for 2006 has been estimated at 49 trillion pages valued at US$ 601 billion (commercial printing US$ 300 billion, package printing US$ 200 billion and specialty printing about US$ 100 billion) and is projected to hit US$ 721 billion by 2011. Of this, the share of Asia – Pacific is 18 trillion pages worth US$ 176 billion, only just behind North America (16 trillion pages valued at US$ 198 billion). However, it will soon emerge as numero uno as it is growing at a whacking rate (China @ 10.1 per cent per annum, the rest of AP @ 7.5 per cent per annum) as compared to NA’s 1.7 per cent per annum. ...cont´d

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