The organic and printed electronics industry is expecting a sales loss of 20 percent this year, according to a business climate survey by the Organic and Printed Electronics Association (OE-A). “This is the first negative sales forecast since the first OE-A Business Climate Survey in 2014,” commented managing director Klaus Hecker of the OE-A. “Although the order situation has recovered significantly after a strong decline in the second and third quarters, companies will not be able to fully compensate for the sales losses already suffered this year,” Hecker adds.
On the upside, a partial recovery is expected for 2021 with a sales forecast of 7 percent. This growth is expected along the entire value chain. In addition, two-thirds of the companies plan to increase their investments in production within the next six months. “For 2021 the outlook of the industry is optimistic. Numerous product launches are planned and the interest of important user industries remains. However, companies expect it will take one to two years to fully compensate for the losses,” said Hecker.