David Savastano, Editor08.01.17
In recent years, the Asia-Pacific region has become the largest geographic market for printing ink. Five of the eight largest ink manufacturers – DIC Corporation, Toyo Ink Group, Sakata INX, T&K Toka and Tokyo Printing Ink – are headquartered in Japan.
Through its Micro Inks subsidiary, hubergroup, the sixth-largest ink global supplier, is the largest ink manufacturer in India.
As is the case in the Americas and Europe, the Asia-Pacific region is made up of smaller areas with their own characters. China, the largest economy in the region, will be the subject of a separate Ink World report in our September-October 2017 issue. Japan and India are key markets, and South Asia, Southeast Asia and ANZ (Australia-New Zealand) are growing rapidly.
Leading ink manufacturers report that their industry is enjoying expansion, particularly in packaging, and added that Vietnam and Indonesia are seeing excellent growth.
“Due to economic growth and an increase in popu
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