Ink manufacturers report growth in packaging printing, challenges with supply chain.
David Savastano, Editor07.27.20
Driven by China, India and a host of fast-growing countries, the Asia-Pacific region has become the world’s largest area for printing ink. Ink World estimates the region’s ink sales are more than $7.5 billion annually.
A look at the Top International Ink Companies in this issue drives this home: Four of the world’s seven largest ink manufacturers – DIC Corporation, Toyo Ink Group, Sakata INX, and T&K Toka – are headquartered in Japan, and have major operations throughout the region. hubergroup, the sixth-largest ink global supplier, is the largest ink manufacturer in India.
The Asia-Pacific region is not heterogeneous. China is the largest economy in the region and will have its own separate Ink World report in our September-October 2020 issue. Japan and India are major ink producers, with South Asia, Southeast Asia and ANZ (Australia-New Zealand) growing at their own pace.
Of course, that economic growth would have been expected again had the past
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