Thailand continues to be one of the most promising global markets for the ink industry.
Yogi Malik, India Correspondent01.16.19
Thailand is one of the most exciting ink markets in South East Asia due to the rising per capita consumption of ink consuming products. Despite recent political and economic turmoil, Thailand continues to be one of the most promising global markets for the ink industry.
What’s more, Thailand’s rising income is generating optimism about the future among its people and is increasing consumer demand for a variety of products, which will further drive the demand for inks in the country.
Overview of Thailand’s Ink Market
Thailand’s ink industry has recently grown at a rate of more than 10% a year due to increasing local and regional demand. Key markets driving this demand include food packaging such as standing pouches, cosmetics, beauty and personal care, and high-end liquors.
Newspaper ink constitutes approximately 13% of the total domestic printing ink market, while offset ink used for magazines, leaflets and other printed materials constitutes around
Continue reading this story and get 24/7 access to Covering the Printing Inks, Coatings and Allied Industries - Ink World for FREE
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.
Already a subscriber? Login