Ink companies continue to expand their operations in the region.
David Savastano, Editor07.31.18
The Asia-Pacific region is the largest geographic market for printing ink, with Ink World projecting sales in the region at more than $6.5 billion annually. The Asia-Pacific region consists of smaller areas with their own characters. China is the largest economy in the region and will have its own separate Ink World report in our September-October 2018 issue.
Japan and India are major ink producers, with South Asia, Southeast Asia and ANZ (Australia-New Zealand) growing at their own pace. Ink manufacturers note that India, Indonesia and Vietnam are witnessing particularly solid growth.
Yuichi Kataura, International Operations Division’s GM, executive officer of Sakata INX, said that the region mostly enjoyed growth, although the Japanese market remained difficult. He added that India, Vietnam and Indonesia posted particularly good results.
“With the increase in demand from economic growth and population increase, packaging ink sales grew overall in the Asian region
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Ink World magazine has tracked the growth of the ink industry and its allied industries through years of changes, technology, evolution, consolidation and market development. No other magazine has been around for as long or covered as much of the global printing ink business. This website is dedicated to providing in-depth industry coverage and late-breaking news.
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