Market News
Global Printed Signage Market: Key Developments
- Signage in retail, One example of innovative signage in retail is the use of augmented reality (AR) displays. AR displays allow customers to interact with products in a virtual environment, providing a more engaging and immersive shopping experience. For instance, in 2021, Nike launched an AR-powered sneaker try-on experience that allows customers to see how different sneakers look on their feet before making a purchase
- In April 2021, ORAFOL Group acquired NUPRO Advanced TPU Films in South Deerfield, Massachusetts, U.S. The partnership will allow ORAFOL and NUPRO to further grow their core businesses by expanding their production operations and capabilities.
- In April 2021, Schweiter Technologies expanded its 3A Composites core materials business in Poland with the addition of PET foam production, as well as signing and closing a deal to buy 40% of JMB Wind With facilities in Poland and Portugal. JMB, based in Goleniów, Poland, is a leading firm in core materials, kit design, and production, primarily for wind turbines.
- For instance, in 2021 Epson India will introduce the Sure Color 5030 and SureColor R5030L, two new large-format latex printers, to the market. These offer a quick lamination option and low-cost inks for high-performance signage printing.
- It is primarily made to provide flexibility in applications, quick, high-quality printing, and other things.