Events Sign & Graphic Imaging Middle East-SGI

There Is A Huge Potential In Africa’s Printing Industry

MEPrinter December 25, 2015

1,086 1 minute read

International Expo Consults (IEC) stated that the African printing industry stakeholders can immensely benefit by visiting the (Sign and Graphic Imaging) SGI Dubai 2016 trade show.

The event will showcase the innovative products and services from various exhibitors from across the globe under a unified platform. As per the Smithers Pira report the printing revenues in Middle East and Africa are set to touch US$26bn in 2018.

SGI Dubai 2016 in its 19th edition will be held on the 10, 11 and 12 January 2016, at the Dubai World Trade Centre. SGI Dubai 2016 will also have dedicated pavilions for the players within the digital signage, textile printing and retail signage industry sectors.

Abdul Rahman Falaknaz, chairman of IEC states, “We are looking forward to welcoming the trade visitors from Africa to our show. There is a huge demand for state-of-the-art printing equipment and signage as the African economy is now consolidating and growing to the next level. Hence, a strategic approach from Africa’s print and signage industry can provide the ideal solutions that could contribute to the development of businesses within several vertical industry segments.”

“There is a huge potential in Africa’s printing industry. Stakeholders are looking to gradually phase out old equipment to bring in new technology. This growth translates into large scale opportunities for printers, raw material suppliers and print equipment suppliers in Africa. Growing requirement from industries such as retail, entertainment and healthcare are definitely expected to drive the local demand in the coming years,” added Falaknaz.

In the past decade, the GDP of 54 countries in Africa has been rapidly expanding as compared to the global average and is now a USD$2tr economy. As per reports six of the ten fastest growing economies in the world are now located in Africa and the world is currently witnessing its booming economic success. This is also slated to give a tremendous boost to the economy’s printing industry sector in the coming years.