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| A new market grows quickly in the East! |
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| July 13, 2007 |
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| The greater Asian region has been one of the powerhouses behind the global growth of label materials and technology in recent years. China alone now accounts for over 14% of global label consumption? and is still growing rapidly at up to 15% per annum. In China, the package printing sector (including labels, flexibles and cartons) currently accounts for nearly 50% of all printing in the country and has experienced tremendous expansion over the past 10 years ? with a growing increase in production volumes. China's accession to the World Trade Organisation and the country?s opening to the outside world have also stimulated export trade and label usage. Goals for the Chinese government include improving the level of technical equipment in the printing industry, enhancing operation and management and enhancing global competitiveness. |
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