Due to the impact of COVID-19, the world was shifting and the printing industry form responded to circumstances and context. 

The COVID-19 pandemic and the dramatic shift from offices to work from home models caused different dynamics for pages printed on laser versus inkjet devices.

More people started to work from home due to the impact of lockdown while the laser pages declined sharply, down 16% year over year in 2020. The decline was even more pronounced for the A3 devices. However, the pages printed on inkjet devices increased in contrast by 4% over 2019. Inkjet devices become the most used devices for personal printing and for work usage. (Drazen Tomic, ITC Business)

The global printing industry is also forecast to reach $821 billion by 2022, driven by growth in packaging and labels, rather than graphic applications, and digital rather than analogue printing, according to a new market report by Smithers.

What we can learn from the news is that a brand new industry form is restructuring while new opportunities are presenting. 

With products that enrich and improve the shape of the market, the industry has gradually matured with the norms and began to brand competition ahead of The Times. 

Topjet keeps focusing on improving and will grow with the printing industry hand in hand!