Analysts predict that the Middle East print market, which was estimated at $5.3 billion in 2007, will see an average 7.7% annual growth rate until 2012. According to leading information provider for printing, paper, packaging, and publishing industries, Pira International, the market will peak at $7.6 billion. Upcoming events may be organizers of the 2009 Gulf Pack and Gulf Print exhibitions’ largest in their history due to a significant growth in the global and Middle Eastern printing and packaging industries. This impressive growth driving the industry is a result of an increase in advertising, publishing and consumer spending across the Middle East’s food and beverage markets.

Consumer spending is on the rise and having a direct effect on the packaging and printing industries. This is attracting the attention of several of the world’s top manufacturers and suppliers of packaging and printing technology and machinery. Key factors in industry development are regional printing market’s end-users and they are primarily publishing, commercial printing, and packaging printing. Packaging printing accounted for the biggest percentage of the business followed by print advertising, commercial printing, and newspapers sectors. As a result, the Middle East is one of the fastest growing markets in the world for packaging and printing.

Tags: print industry

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