NZP
ap-text
Sister Sites:  ProPack    Australia    Asia  
Sign in or Register
RSS Feeds
HOME News
  • Associations
  • Business
  • Digital
  • Environment
  • Exhibitions
  • Packaging
  • Paper
  • Pressroom
  • Wide Format
Buyers Guides
  • Digital
  • Finishing
  • Inkjet
  • Mailing
  • MIS & Web-to-Print
  • Wide Format
Features
  • Business
  • Interview
  • Profile
  • Sales
  • Technology
Events
  • Previous
  • Reports
  • Upcoming
Wide Format
  • Wide Format Applications
  • Wide Format Buyers Guides
  • Wide Format Features
Jobs Classifieds
  • Businesses For Sale
  • New Machinery
  • Supplies & Consumables
  • Tenders
  • Trade Services
  • Used Machinery
Magazine PrintTV
  • Demos
  • Events
Gallery
Hot Topics:  Amcor
Home  »  News  »  Digital

Kornit revenue rises in the region

6 Jun 2019 |  Bruce Craig   |   Comment Now

Textile printing equipment manufacturer Kornit Digital reports its APAC region revenues doubling, while revenues globally have risen by 22 per cent.
 
Kornit has seen its Q1 profit increase from US$15m ($22.5m) in the prior corresponding period to US$17m in the first quarter of 2019. Ronen Samuel, chief executive at Kornit Digital, says, “Everything is changing in the textile, fashion, and apparel markets. Consumers want to connect to their identity, and express themselves, they are doing it through online e-commerce. It is booming because you buy whatever you want, and then return it if you do not like it.
 
“What we see now is that many graphic arts printers, whether they are in labels or commercial print, are starting to enter garment printing. Many already have the infrastructure to talk to consumers, with online web portals, W2P, and the logistics set up.
 
“Customers can ask for new products, not only business cards or brochures, but for printing on t-shirts. For them, Kornit has a great solution, as it is easy to use and offers quality. We see more and more graphic arts printers moving into the segment.”
 
While digital communications have replaced many commonly sold print products, including advertising, there are no such trends apply to textile printing. Samuel says, “Commercial print is declining, there is a huge pressure on margins, with huge competition. Print is being substituted by digital communications. This will not happen with clothes; people cannot walk around naked.
 
“There are more people in the world, standards of living and salaries are rising, and people want to express their identities through their clothing, with more personalised clothing. The margins are great, and will continue to be great, because it is a premium product.
 
“People are willing to pay more for shirts that they can connect to. This is why we see many graphic arts and commercial printers moving into printing on garments.”

Source: NewZealand Printer

Kornit revenue rises in the region
On the rise: Ronen Samuel, chief executive at Kornit Digital,
Related Articles
  • Volume drops but print value grows
  • Currie Group partners with EVOK3D
  • Adelco textile printers arrive via Hi-Tec
  • Guillotine sale for Printing Museum
  • Show addresses packaging trends
Tweet
Email this Email a Friend
Print this Print Page
Site feedback Feedback
What are your thoughts on this story? Please login or subscribe to comment. Forum Rules.
comments powered by Disqus
Popular Stories
Latest Poll
Should the Commerce Commission stop mergers




View previous Polls »
Latest Comments
Powered by Disqus
New Zealand Printer Magazine

December 2019

New Zealand Printer has been published continuously since 1950 and is woven into the fabric of the New Zealand print industry. Each issues provides insight, analysis and unrivalled content covering all aspects of the business of print.
What's in this issue?
New Zealand Printer
Subscribe Now!
About Us  |  Newsletter Archive  |  Feedback  | Advertise  |  Contact Us
Copyright © 2019 Printer Magazines Group. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Printer Magazines Group's Privacy Policy and Terms and Conditions.
Sign in to New Zealand Printer
Email/Username:
* Username required
Password:
* Password required
 |  Forgot your password?
Don't have an account? Register now!
To request a new password, please enter the email address linked to your New Zealand Printer account and we'll send one to you.
Email:
* Email required
* Invalid Email address
* Invalid Email address
Click here to return to Login Form
Please wait...
Join New Zealand Printer

New Zealand Printer has developed a reputation as the leading printing industry resource. Our team of journalists provides lively, thoroughly researched and independent news, as it happens. Join now for free and get full access to all our premium content plus our industry news bulletins and deals on products and services.

* Required field

1) Login Details
Username*
* Username required
Email*
* Email address required
* Invalid Email address
Password*
* Password required
Confirm Password*
* Password confirmation required
* Passwords don't match!
2) About You
First Name*
* First name required
Last Name*
* Last name required
Country*
* Country req'd
State*
* State req'd
Job Function*
* Job function required
Company name*
* Company required
Company size*
* Size required
Industry Sector*
* Primary business required
3) Email Newsletters Receive the latest New Zealand Printer news and reviews directly to your inbox. Select the newsletters you would like to receive below:

Daily New Zealand Printer bulletin
Conveniently delivered to your inbox, the New Zealand Printer newsletter will keep you informed on the latest print industry news relevant to print professionals across the New Zealand region.


New Zealand Printer will keep you up to date with special offers, promotions, competitions and new products.

At no time will your email be provided to any other company.

I agree to the Terms & Conditions and Privacy Policy and acknowledge that I will receive industry news emails as well as emails regarding deals on products and services *
* You must agree to the terms of the Privacy Policy and Terms & Conditions to register an account
Already have an account? Log in here.

Processing registration... Please wait.

This process can take up to a minute to complete.

Please wait...

Please check your email

A confirmation email has been sent to your email address - SUPPLIED EMAIL GETS INSERTED HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can start posting.

If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain @newzealandprinter.co.nz/ to your white-listed senders.