China’s Inks Market Grows to US $ 1.5 Billion – High Tech Inks Providing Best Opportunities
GCiS China Strategic Research has published a study of the China market for inks, which covers Sheet-fed Offset, Gravure, Offset Rotary, Solvent-based and UV inks.
Beijing, China, March 17, 2011 --(PR.com)-- GCiS China Strategic Research has published a study of the China market for inks, which covers Sheet-fed Offset, Gravure, Offset Rotary, Solvent-based and UV inks. The market is estimated at around USD 1.5 billion at the end of 2010, growing by around 9% in that year.
Foreign suppliers, such as DIC, Toyo and Siegwerk, enjoy a leading position in this market due to their perceived superior price performance. Foreign companies are especially dominant in higher price point inks, with the five largest suppliers being foreign. Super-fast drying, solvent free UV inks, modern water-based inks and protein inks remain a focal point for R&D due to government regulation impacting volatile organic compounds.
However, direct sales and the accompanying intense relationship-marketing means domestic ink suppliers may eventually gain the upper hand. This is especially the case where new customers are emerging in more newly developed regions of the market. “Typically, in China’s coatings markets, who you know is decisive in determining your growth opportunities,” said Ed Barlow, a senior analyst at GCiS. “Inks are no different, as 80 percent of sales are made directly from supplier to customer,” Barlow added. “Companies that can get to these new markets without the encumbrance of a distributor will be competitive.”
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About the GCIS China Inks Study
(http://www.gcis.com.cn/Research/Inks.html) This GCiS market study draws on a three month, in-depth primary survey of around 70 of the market’s supply side, channel players and end-users. It is essential reading for any professional needing accurate and detailed strategic information on this market. Major areas covered include: market size and shares, five-year projections, market structure, pricing trends, distribution, consumption, an assessment of key suppliers and more.
About GCiS China Strategic Research
GCiS is a China-based market research and advisory firm focused on business to business markets. Since 1997, GCiS has been working with leading multinationals such as Siemens and GE in sectors ranging from technology to industrial markets, medical, chemicals, resources, and a few others.
Foreign suppliers, such as DIC, Toyo and Siegwerk, enjoy a leading position in this market due to their perceived superior price performance. Foreign companies are especially dominant in higher price point inks, with the five largest suppliers being foreign. Super-fast drying, solvent free UV inks, modern water-based inks and protein inks remain a focal point for R&D due to government regulation impacting volatile organic compounds.
However, direct sales and the accompanying intense relationship-marketing means domestic ink suppliers may eventually gain the upper hand. This is especially the case where new customers are emerging in more newly developed regions of the market. “Typically, in China’s coatings markets, who you know is decisive in determining your growth opportunities,” said Ed Barlow, a senior analyst at GCiS. “Inks are no different, as 80 percent of sales are made directly from supplier to customer,” Barlow added. “Companies that can get to these new markets without the encumbrance of a distributor will be competitive.”
###
About the GCIS China Inks Study
(http://www.gcis.com.cn/Research/Inks.html) This GCiS market study draws on a three month, in-depth primary survey of around 70 of the market’s supply side, channel players and end-users. It is essential reading for any professional needing accurate and detailed strategic information on this market. Major areas covered include: market size and shares, five-year projections, market structure, pricing trends, distribution, consumption, an assessment of key suppliers and more.
About GCiS China Strategic Research
GCiS is a China-based market research and advisory firm focused on business to business markets. Since 1997, GCiS has been working with leading multinationals such as Siemens and GE in sectors ranging from technology to industrial markets, medical, chemicals, resources, and a few others.
Contact
GCiS China Strategic Research
Edward Barlow
+86 (0) 10 59789950
www.gcis.com.cn
Edward Barlow
+86 (0) 10 59789950
www.gcis.com.cn
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