Digital and litho printing is still a very effective method when it comes to printing. Though there are other options they are not as cost effective. Digital printing still is recommended for smaller print runs, whereas litho printing is best for larger bulk order print runs. In this article we will consider some topics that affects the printing industry in 2023 so you can make the necessary preparations for the year to come.
Ongoing raw material availability
The raw material availability is dependent on a few factors. These can include the transport costs, crude oil availability, and raw material availability. Though paper manufacturing companies are trying their best to plan for the foreseeable future the unforeseen events plays a vital role in how paper material becomes available.
Closures and cutbacks in 2022
Printing Impressions “Commentary: Paper Supply Issues, Mill Closures, and the Printing and Packaging Industries” article touches on a few companies that have either closed down, shut down, reduced production, and cease operations. Comparing against PaperMoney other relevant industries have other impacts such as staff retrenchment affecting production capabilities.
Ongoing war in Ukraine and Russia
Indirectly the war between Ukraine and Russia has an effect on the crude oil prices. Russia provides approximately 10% of the global petroleum production. In 2022 crude oil peaked over $120 per barrel. Though prices have come down there is still the supply and demand that affects printers globally. As the war continues we will have to keep watch on how the crude oil availability affects the countries who make use of this supply channel.
Eskom loadshedding
With day-to-day operations being effected by up to 12-hours downtime, Eskom loadshedding contributes to the paper productions supply availability. As companies are trying to adapt to the new common electricity supply having renewable energy alternatives is a growing demand for all businesses.
Changing the printing industries
How can a printing company diversify in 2023? By changing the way printing is done! by having new technology advancements separating a printer against the next. The Africa Print Expo 2023, taking place from 16-17 March 2023 at the Durban ICC, is a great place to view the array of products and technologies. If you are interested in attending the two day event then click here to register:
Redesigning the production process
Separating a business production process (or capabilities) to stand out as unique, special, and unmatched by competitors is every business owners dream. Change is not an option but a must! Having effective machinery that reduces wastage and increases production capabilities is essential with today’s supply and demand.
Digital and litho printers offer a range of benefits for small or bulk manufacturing. Though digital is better for smaller quantity print-runs, litho still is the best with bulk print runs. Either way, ask your printer(s) about their recommendations to reduce unit costs to save you money.
Some printing companies have tried to predict the market direction by holding bulk materials in their storage area(s). Allowing them to have a faster turnaround when compared against their competitors.
Preparing for the future
Albion Press is no stranger when it comes to printing. With 85 years’ printing experience we know what is needed to print quality products, and delivery on time every time! Contact us today to speak to one of our specialists.