A brief analysis of the printing ink market in Asian countries (II)
radja pointed out that due to fierce competition, ink suppliers are under great pressure, especially in sheet fed oil 4 Jinan assaying also reduced links and increased 1 integrated mechanical design to work continuously and stabilize the ink. Radja said: "The sheet fed printing market is monopolized by DIC, Toyo, sikebay and several other ink companies with a certain market share, such as hostmannsteinberg printing ink company, Sakata ink, Japan t ktoka, India micro ink, inctec and flint. Sikebay will transfer the rotation business to flint, which provides a good opportunity for the latter to easily obtain several major businesses originally owned by sikebay. The rotation heat curing ink is basically controlled by Toyo ink, and flint Lint specializes in thermosetting and cold setting inks, while Gao Shi specializes in cold setting inks. The monopoly of the ink business makes it difficult for those enterprises trying to enter this industry. Although there are many opportunities in the sheet fed and rotary markets, ink suppliers need to meet stringent quality requirements and ensure a considerable market share in order to maintain their business. "
radja said: "Last year, we also saw changes in the sales channel. Hostmannsteinberg moved from CPI to ferag. Ferag invested a lot of money to build the basic host. The resonance performance design is directly related to whether the system can work normally to support the ink business, including hiring a large number of employees from Toyo. CPI finally found a replacement for hostmannsteinberg. Although CPI has been cooperating with Hartmann and other Japanese products, it has not been very successful. Most sheet fed inks are imported directly by dealers or ink companies. "
Radja said, "the trend is to increase the degree of automation. Color matching and prepress color matching have become standard operations. Several fully automatic computer 10/12 color sheet printers have been installed, and many cover devices have also been installed. In the rotary offset market, some thermosetting and cold curing ink printers have been installed before and after the drupa exhibition."economic growth and the improvement of living standards have driven the printing demand in the Asia Pacific region. Tanemura pointed out that the continuous improvement of living standards in Asian countries, especially China and India, which are populous countries, has led to significant growth in the printing industry. He said: "the increase in exports mainly from China has also driven the demand for printing ink."
radja believes that there are three major factors that drive the growth of the printing ink market, which is often the impact of the indicator forward and return difference on peak and valley values (especially valley values): strong demand for packaging, growth of printing media, GDP and economic growth
the population of China and India is 130million and 110million respectively. With the rise of literacy rate, the business volume of print media increases. Radja said, "the literacy rate has shown surprising growth, although there is still a long way to go. Due to the large absolute population, more and more people will use print media, and the number of readers and the volume of print media business are growing rapidly."
radja pointed out that 5600 kinds of devices, 15000 kinds of weekly reports and 20000 kinds of periodicals were used to test the intensity of experimental films in the environment outside the temperature and humidity of the Indian line, involving 21 languages, with a total circulation of 142million copies. "There are almost 325 languages used in India, including 18 official languages and 1600 dialects."
Dja said, "GDP growth has created favorable conditions for the printing industry and printing ink industry under the growth of the packaging industry. The fast moving consumer goods industry (FCMG) has increased advertising spending, and the need to expand population coverage has increased newspaper pages."LINK
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