At Lasit we have always considered the importance of global industry trends in order to satisfy specific market needs as manufacturing continues to expand worldwide up in a multitude of industries.
In so doing we wanted to share some of the trends we have seen over 2017 that are now continuing into 2018.
In the month of September, 2017 over 6000 attendees visited the Laser World of Photonics India Fair in Pragati Maidan, Delhi with over 160 exhibitors. Some of the highlights of the Fair were exhibits and demonstrations featuring many fiber optic lasers with varying wavelengths and power. Several companies presented new pulsed fiber and continuous wave ( CW) lasers. In addition other technologies on exhibit included femtosecond lasers and 3 D functionality.
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The increased demand in the market has created this rapid growth in India as evidenced by the continued expansion and attendance at the Fair. The next event in India will take place from Sept 26- 28 and will be held at the Bangalore International Exhibition Center ( BIEC) for those interested in attending.
Another emerging trend in the laser marking sector is personalization of products and gifts. With many of the newer technologies and lower costs of lasers, now hobbyists and small businesses are able to start job shops and open a business to provide these types of services.
This type of service has expanded within the ad specialty sector, decorating leather, garments, drinkware, pens, many types of gifts both with metal or organic products suitable for laser marking.
As the laser marking industry continues to grow, and more and more companies and hobbyists are starting to use laser marking systems, we expect custom leather goods to continue to be a strong niche market for the industry.
We discussed the topic in depth in our blog post about packaging waste earlier this year, but some key details of the article include:
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