Paper Industry and Digitalization

How is paper made? This might be one question that has once crossed your mind. Well, in order to make paper, raw materials such as plant fibers and wood pulp are collected and processed in factories called paper mills. Paper is widely used in different purposes around the world and ever since, it has been important to humans. However, in a modernizing world, the paper industry also has faced and is facing challenges which involve technology.  Many fear that the paper industry might come to an end but will that really happen?

Exhibition at Tissue World Miami

Come March 21-23, 2018, there will be a Paper trade show at Tissue World Miami, held in Miami, USA, where over 200 exhibiting companies and 2500 visitors are expected to attend. This trade show is expected to attract numerous industry experts, and if you are concerned about the future of the industry you should attend.

 

Louella Fernandes reports:

Can the print industry survive digital disruption?

“Companies rarely die from moving too fast, and they frequently die from moving too slowly” Clayton Christensen

With a business model predicated on selling hardware and consumables, how can the print industry innovate in a market which may be rapidly reaching its sell by date?

There has been much talk about disruption in the print industry, particularly with the latest acquisition of Samsung’s printer business by HP, where HP boldly claims it will disrupt the copier market.  The market has seen a wave of consolidation – HP now operates as two separate companies, Xerox has separated its technology business and its service business, now called Conduent. The Foxconn Technology Group acquired Sharp in August 2016 and Lexmark’s acquisition by a Chinese consortium led by Apex Technology is now approved.  So what does the future hold for the print industry, one that is hardware-centric and reliant on the printed page? Can it truly reinvent itself for the digital age? Read more here.

According to the article, the print industry is far from dead. That only thing it has to do is to adjust or adapt to the changes brought about by technology. Alfred Becker, in his article, will tell us more information about paper industry and how it will embrace the digital shift. Let us read below.

Paper Industry Embraces Digital Shift

In an increasingly digital world, paper and packaging companies are finding new ways to innovate. Those that embrace the digital shift are discovering new ways to compete and thrive.

Doing so requires new thinking about business models, business processes and the nature of work. Embracing digital and green technologies lets innovative companies excel in a constantly changing marketplace.

Tough market outlook in traditional areas

While the global population climbs to near 10 billion, the demand for paper products is relatively flat. Some analysts predict paper consumption to grow by less than 1 percent annually.

This marginal global growth is driven by several forces. Stark reductions in volume in core segments like newsprint and paper advertising contribute. Mature markets in North America and Europe, growing environmental regulations, and growing energy and transportation costs also play a role. Read more here.

Embracing the digital shift will really make the paper industry improve. It could help give them growth, especially the leaders. It would also be a door and opportunity for new experiences. We should not worry about paper production coming to an end because according to Mike Gault, paper’s ‘dematerialization’ will disrupt all industries. Let us read more about it through the article below.

Paper’s ‘Dematerialization’ Will Disrupt All Industries

VER THE PAST few years there has been tremendous interest in and adoption of dematerialization, a.k.a. the digitization of physical paper. Key adopters include the paper-intensive financial services and insurance industries, as well as all flavors of governmental agencies across the world.

It’s not too hard to figure out why. At its simplest level, dematerialization makes good business sense and good environmental sense for all kinds and sizes of organizations.

While numerous factors are shaping the dematerialization space, here are the key ones: Read more here.

It is true that being paperless could save a lot of money and space. There could be a lot of advantages to it. However, whatever the benefits are, let us admit that papers would still be used no matter what and it will not be totally changed. Many industries use paper for several purposes and would actually be impossible to totally remove paper in daily activities. The paper industry may be facing digitalization because of the current generation, but their products will always be used and will never be removed.