David Savastano, Editor09.21.18
With the world’s second-largest gross domestic product (GDP), China is a global economic power. According to the World Bank, China’s GDP was $12.24 trillion in 2017, a nearly 9% increase from $11.20 trillion is 2016. With a population of 1.38 billion or approximately 20% of the total population in the world, China is the largest nation.
China’s printing industry has been estimated at $160 billion. Offset and gravure printing still remain the most common processes, but flexo is making headway.
To meet demand, Chinese printers need a lot of ink, and the Chinese ink industry has grown tremendously in recent years. Ink World estimates annual ink sales in China exceeding $1.5 billion, with a mix of domestic and international ink manufacturers supplying printers.
On the domestic side, Bauhinia Variegata Ink & Chemicals, a subsidiary of Yip’s Chemical, is China’s largest ink producer and the 14th largest global ink manufacturer in the world, with sales of $180 million in 2017, according to Ink World’s Top International Ink Companies
China’s printing industry has been estimated at $160 billion. Offset and gravure printing still remain the most common processes, but flexo is making headway.
To meet demand, Chinese printers need a lot of ink, and the Chinese ink industry has grown tremendously in recent years. Ink World estimates annual ink sales in China exceeding $1.5 billion, with a mix of domestic and international ink manufacturers supplying printers.
On the domestic side, Bauhinia Variegata Ink & Chemicals, a subsidiary of Yip’s Chemical, is China’s largest ink producer and the 14th largest global ink manufacturer in the world, with sales of $180 million in 2017, according to Ink World’s Top International Ink Companies
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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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