Packaging, environmentally friendly inks are key opportunities for the ink industry.
David Savastano, Editor09.17.19
China is one of the global economic powers – the country’s gross domestic product (GDP) reached $13.4 trillion in 2018, up 6.6% from 2017, second only to the US in GDP. With a population of 1.38 billion or roughly 20% of the world’s population, China has both a sizable domestic market as well as being a world leader in exports.
To meet the increasing demand for packaging and publications, China’s printing industry is growing. Estimates have placed China’s printing industry at $160 billion; that requires a lot of ink. Ink World estimates annual ink sales in China of more than $1.5 billion, supplied by a mix of domestic and international ink manufacturers. The most common printing processes remain offset and gravure, with flexo and digital printing making gains.
Bauhinia Variegata Ink & Chemicals, a subsidiary of Yip’s Chemical, is China’s largest domestic ink producer. The company is the 14th largest global ink manufacturer in the worl
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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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