Page 12 - November-December-2020

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A progressive boost in

global digital printing market

Throughout the world, the digital textile printing Asia-pacific will witness significant growth owing to
market was valued at $2.2 billion in 2019 and is the increasing number of domestic players in
projected to reach $8.8 billion by 2027, growing at a countries, such as China and India. Domestic
CAGR (compounded annual growth rate) of 19.1% players are offering high-quality digital printing
from 2020 to 2027. The global textile printing market services at lower prices attracting local customers.
is expected to be worth $266.38 billion by 2027
according to Federation of European Screen Printers Seemingly the upcoming twenty years will include
Associations (FESPA).
many traditional textile printers all over the world to

The advantages of digital printing are expected to digital and will use this component within their
drive its demand over the forecast period has a already established businesses. Moreover, the
forecast growth rate of over 17.5 percent per annum growing application of textile printing in vehicle
over the next six years. Europe accounted for the wrapping, automotive interior decoration is
significant revenue share in 2019 in the global digital anticipated to boost the segment growth in the
textile printing market. Italy, Germany and the UK. automotive sector.

AD
Saleem Khan Tanoli

elected to the Board

of Directors at UFI

Saleem Khan Tanoli, CEO FAKT Exhibitions (Pvt.) representing the exhibition industry globally.”
Ltd., has once again made Pakistan proud by being
elected to the Board of Directors at UFI - The Global Mr. Tanoli is also serving as Senior Vice President of
Association of the Exhibition Industry after serving as German Pakistan Chamber of Commerce & Industry
1st Vice Chair, UFI Asia-Pacific Chapter from (GPCCI) and Vice President of Asia Advertisement
2017-2020. Association (AAA). Mr. Tanoli is an active member of
International Chamber of Commerce Pakistan (ICC
On this occasion Ms. Mary Larkin, UFI President and Pakistan), Pakistan-China Joint Chamber of
President Diversified Communications USA said “I Commerce & Industry (PCJCCI), The Lahore
wish to congratulate all elected and re-elected board Chamber of Commerce & Industry (LCCI), Karachi
members. This year, we have seen a record number Chamber of Commerce & Industry (KCCI),
of industry leaders standing for these elections. It Pakistan-Japan Business Forum (PJBF) and Italian
stresses the role UFI is playing in supporting and Development Committee (IDC).

November/December 2020