Europe Artwork Management Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-premise and Cloud) and Application (Life Sciences, Retail, Manufacturing, and Others)
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The artwork management software market in Europe is expected to grow to US$ 265.77 million by 2028 from US$ 139.59 million in 2021. The market is estimated to grow at a CAGR of 9.6% from 2021 to 2028.
Germany, UK, France, Italy, and Russia are the major counties in considered in Europe. Artwork management is a vital tool in offering appealing and quick product mix. The fast-moving consumer goods (FMCG) & retail sector is undergoing through constant pressure to launch newer products in the market. Every product launch experiences product development cycle to provide each project in a specified time frame. Within the consumer goods industry, packaging is more essential than the product itself. Owing to the fact that packaging is the first aspect consumers observe and touch, it holds a significant position. Karomi Inc.; Siemens AG; and Loftware, Inc. are among the providers of artwork management tools for the retail and consumer goods industry. The consumers are opting for sustainably sourced and recyclable packaging materials, and the price of packaging material is rising. This has created a roadblock for artwork designers. Therefore, the artwork designers are demanding artwork management tool to make packaging process along with other crucial process efficient in consumer goods & FMCG industries.
The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, the United Kingdom, and others have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. In order to protect its citizens from the virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. The UK’s logistics and transportation sector are widely spread and handles significantly higher volumes of food & beverage, pharmaceuticals & chemicals. Attributing to the rise in the number of COVID-19 infected patients, the British government-imposed lockdown measures with an aim to contain the spread of the virus. This has risen the adoption of artwork management tool to move higher volumes of produced pharmaceuticals from the production units to warehouses. Pertaining to the fact that Germany, Denmark, the Netherlands, Switzerland, and Italy are fastest-growing exporters of medicines and drugs, the scope of artwork management tool among pharmaceutical business in mentioned countries will continue to rise.
With the new features and technologies, companies can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the artwork management software market. The Europe artwork management software market is expected to grow at a good CAGR during the forecast period.
Europe Artwork Management Software Market Segmentation
Europe Artwork Management Software Market – By Deployment
- On-premise
- Cloud
Europe Artwork Management Software Market – By Application
- Life Sciences
- Retail
- Manufacture
- Others
Europe Artwork Management Software Market – By Country
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
Europe Artwork Management Software Market – Companies Mentioned
- enLabel Global Services
- Karomi Inc.
- Loftware, Inc
- Perigord Life Science Solutions
- Freyr.
- Esko-Graphics BV.
- Twona.
- Kallik
- Lascom
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