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2, the merger of suppliers. Many companies collapsed in the financial crisis, and there are other companies involved in a multinational global acquisition frenzy.
3, quality and price increase. The concept of stable, high-quality, high-value production has become more prevalent than in the past. In addition, quality is steadily rising due to competition and end-user requirements. Today, some of the world's best quality printing is done in the area. More advanced presses, quality control equipment and highly trained personnel are becoming more and more common. Many companies, especially in Hong Kong, Malaysia, Singapore, Thailand, Australia and New Zealand, are now as advanced and perfect as European and American companies.
Three Trends in Asian Ink Market
1. Driven by the environmental protection requirements of customers throughout the supply chain, the use of solvent inks is steadily turning to water-based inks. Ink manufacturers are rapidly moving from solvent products to water-based products.