China's printing machinery industry started late. Until the 1970s, China has always been based on printing technology. The real modern printing machinery manufacturing industry started in the early stage of reform and opening up and belongs to a new domestic industry. However, since the reform and opening up, the rapid development of the printing industry has driven the demand for printing machinery, and China's printing machinery industry has developed rapidly.
The data shows that there are 381 enterprises above designated size in China's printing machinery industry, with annual sales income of 20.35 billion yuan, an increase of 18.40%; total profit of 1.265 billion yuan, total profit growth rate of more than 100%; product sales profit of 2.887 billion yuan , an increase of 22.06%. In 2011, the printing machinery industry continued to maintain a good development under the favorable domestic macro economy. In 2011, the sales revenue of the printing machinery industry increased by 16.82% compared with the same period of last year; the total profit increased by 37.16% compared with the same period of the previous year; the sales profit of the products increased by 25.26% compared with the same period of the previous year.
In the printing machinery market, multinational companies occupy a large share of the global printing machinery market and have strong competitive strength. These multinational companies have also almost monopolized China's high-end printing machinery and equipment market. China's printing companies need to spend a large amount of foreign exchange each year to introduce high-end printing equipment production lines from abroad. Encouraged by the national industrial policy, domestic printing equipment manufacturers absorb foreign advanced technology and independent innovation, and a few enterprises' production technology is close to the advanced level of foreign countries. The production equipment can meet the needs of domestic printing enterprises, and domestic high-end printing equipment accounts for The market share of medium and high-end printing equipment is 25%, and the main players in the middle and high-end printing machinery market are still dominated by multinational companies.
