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According to government data, the value of the Chinese packaging and printing industry will reach 3.70 trillion RMB (USD 0.5 trillion) in 2023. Labeling remains an important player, posting a growth rate significantly higher than both packaging and general printing sectors.
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Suxin Smart Label, a company registered and established in 2001, is on a path of diversification - both with its technology and product offerings, as the Chinese converter lays out a roadmap for the future. The company is equipped with a flexo press, letterpress and digital press, and primarily produces pressure-sensitive labels for the medicine, alcohol, tobacco and high-end health care sectors. Suxin Smart Label has more than 40 employees and the annual output value is close to 60 million RMB (8.9M USD). Diving into digital
Founded in 2003, located in Qingdao, Shandong Province, Chinese label converter Yixun has an annual per capita output exceeding 1m RMB (151,320 USD). In 2021, the company invested in its first digital press – a Haotian HTS330 inkjet machine. In 2022, the company will install the latest Label Source F6 in-line flexo press, with 12 color units and two rotary screen printing
Southwest China includes Sichuan province, Chongqing Municipality, Yunnan Province, Guizhou Province and the Tibet Autonomous Region. Label converters in this area are generally characterized by the low level of consolidation and small scale, which is common for Chinese label printing enterprises. In addition, due to the geographical limitations of the location, the speed of