The printing industry in the Philippines is juggling multiple challenges as it strives to become a global player. Despite these hurdles, the sector shows promise – it’s still growing through import and export and even adding jobs at a healthy clip. With the right moves, Philippine printers could make a splash on the world stage and boost import and export significantly.
What is the Status of Printing Industry Today?
With an average capital of PHP500,000.00, over 60% of printing companies are tiny; 35% have capital between PHP500,000.00 and PHP5 million, and just 5% have capital above PHP 5 million. The Philippine printing industry is worth approximately $100 million USD in total.
The printing industry is facing some tough challenges these days for both import and export. Money’s tight for upgrading to fancier equipment, and there’s a real struggle to find skilled workers who know their way around the presses. It doesn’t help that new print shops keep popping up left and right, making the competition pretty cutthroat.
85% of printing enterprises are in the offset business, while 15% are in the letterpress, gravure, and flexographic printing categories. Many smaller presses run one or two presses. 53% of the 85% offset printing group are small-scale (assets: PHP 5 million and less than 30 workers), 35% are medium-scale (assets: more than PHP 10 million and more than 30 employees), and 12% are large-scale (assets: PHP 100 million).
To top it off, the government isn’t exactly rolling out the red carpet with incentives or keeping a close eye on things. Most local printers are still stuck in the old-school methods, which means they’re mainly serving the home crowd instead of branching out. Even though automated and digital printing have arrived on the scene, a lot of businesses haven’t made the leap yet.
Economic Growth and Demand for Printing Supplies
The Philippines has witnessed significant economic expansion, a trend that has sparked increased demand for printing supplies.
The Shift from Traditional to Digital Media
The traditional print media industry, once the cornerstone of information dissemination in the Philippines, is now facing formidable competition from digital platforms. This shift reflects a global trend where digital media continues to encroach on territories once dominated by print.
Printing Industry Import and Export Processes
Camainks Export Journey
In a recent article of Camainks, known as reliable partner for ink consumable and spare parts have exposed how they facilitate the export transport systems of their printing products.
For importing Inkjet printers, Citronix printers, Videojet inks, and other spare parts, Camainks uses the largest port of Manila when exporting to clients in the Philippines. They have exported items such as inkjet printers, CIJ printers, laser printers, and specialized brands of printer consumables including:
- Videojet inks
- Domino inks
- Citronix CIJ inks
- Other printer spare parts
Import Process of the Philippines for Printing Products
The Philippines still needs to import goods from nations like China, Japan, Korea, the United States, and Thailand, despite having a few printer and ink producers of its own, such as Risograph ink and Domino Inkjet printer. The Philippines’ rapidly expanding economy is the reason for the country’s need to import printers and ink. The Philippines imports a variety of printers, ink, and associated consumables from these nations, including:
- Printers:
- Inkjet Printer
- Continuous Inkjet Printer
- Citronix Printers
- Domino Printer
- Videojet Printer
- Consumables:
- Hitachi Parts
- Linx 1512 Solvent
- Risograph Ink
- Laser Marking Machine
Why Should Ink and Printers Be Imported Into the Philippines?
- Availability: The Philippine printing industry has a limited capacity, and some clients need printers and ink right away.
- High Product Cost: Due to local rivalry in the Philippines, printers and a steady supply of ink are more expensive to purchase domestically than they are internationally.
- Product Quality: Although the majority of foreign suppliers have a solid reputation for their brands and products, certain smaller local producers in the Philippines may have inconsistent quality.
Upcoming Event: VisMin Printing, Packaging & Plastics Show 2024
As the printing industry in the Philippines continues to evolve and adapt, opportunities to engage with the latest technologies and industry leaders are crucial. The VisMin Printing, Packaging & Plastics Show 2024 serves as a pivotal platform for this engagement.
It’s an ideal venue for industry professionals to gain insights, exchange ideas, and interact with decision-makers, which is particularly relevant given the growth trends and digital transitions highlighted in the local print market.
For more details about the event, visit VisMin Printing, Packaging & Plastics Show 2024.
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