Thai printing industry in 2014 are greatly influenced by economy, growth is slowing

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Thai industrial institute, vice chairman and President said printing and packaging industry, affected by the global and domestic economic slowdown, the printing industry in Thailand this year's dismal performance.Past the end of often the order peak yet again, both commercial bank and state-owned enterprises have reduced the calendar, greeting card printing aspects such as cost.

He said state-owned enterprises, Banks, listed companies and other large companies to reduce the expenditure of the 2014 printing products, damping is as high as 20%.The SME business drop was as high as 60%.

He said, according to the current situation, in 2014 the national printing industry is not negative, it is already the best transcript.Although the print industry still has the market capitalisation of nearly 300 billion baht, but this year's growth prospects are worrying, do not rule out negative growth.

Traditional print industry in basic consistent with the growth rate of GDP growth rate.However, still believe in printing industry in 2015 will be able to obtain and consistent economic growth performance.

At the same time, he also revealed that plastic printing is ready to develop new products to meet the AEC upon opening, to the neighboring countries and market development opportunities.Thailand print no matter in technology or equipment technology, is in the world leading level.

There are companies began to peripheral market penetration, such as Vietnam, myanmar, and already prepared to Cambodia and Indonesia, the Philippines and print market penetration.