“ The printing industry has a long tradition in Europe. The sector is interconnected with other forest-based industries such as wood-working, pulp, and paper. It is an important employer, providing jobs for highly skilled and qualified staff. The sector is currently facing challenges related to changing habits, shifts to digital communication, and competition from non-EU countries ”

“ The global print media market size is expected to grow from $305.44 billion in 2021 to $320.07 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $366.73 billion in 2026 at a CAGR of 3.5% ”

“ Both commercial printing and packaging printing recorded significant year-on-year growth during the year, with the increase in commercial printing being stronger due to the particularly weak comparative period, which was affected by the pandemic ”

“ The profitability [of KMMS EMEA] declined because of the decline in demand for the print procurement support services resulting from the accelerated shift of the consumer behaviour towards online purchasing and cancellation or reduction in scale of in-store campaigns and in-person events run by client companies due to the prolonged Covid-19 pandemic ”