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PACK PRINT INTERNATIONAL RETURNS IN 2017
PACK PRINT INTERNATIONAL, International Packaging and Printing Exhibition for Asia, will return for its 6th edition from September 20 – 23, 2017 to the Bangkok International Trade & Exhibition Center (BITEC). With a renewed focus on the packaging sector, Thailand’s leading trade fair for this sector will present the entire value chain and full spectrum of the printing and packaging sectors - from developing new products and technology, creating packaging in order to protect food for a longer shelf life to digital printing’s economic and speed-to-market advantages for mainstream packaging decoration.
The event will be jointly organized by Messe Düsseldorf Asia, The Thai Packaging Association and The Thai Printing Association and is modeled after the No.1 global trade fairs in their respective sectors – drupa and interpack - organized by Messe Düsseldorf in Germany.
Reflecting key global trends in the market which sees the increasing synergy between packaging and printing, PACK PRINT INTERNATIONAL 2017 will focus on areas such as corrugated printing and packaging, labeling, digital printing, electronic printing and flexible packaging. PACK PRINT INTERNATIONAL 2017 will also broaden its reach to industries such as automotive, electronics, cosmetics, pharmaceuticals, beverage and other fast moving consumer goods.
Positive Global Market Opportunities for Packaging and Printing
According to Smithers Pira, the global packaging market will reach US$ 975 billion by 2018, developing at an annual growth rate of 4%. Asia, in particular, is predicted to represent over 40% of global demand for packaging, driven by growing urbanization, investment in housing and construction, development of retail chains and the burgeoning healthcare and cosmetics sectors. Printing will see an annual growth of 2% annually from now to 2020 due to continued growth in emerging economies and added-value opportunities associated with digital print.
Based on a study by The Economist Intelligence Unit, package printing will register a 4.2% CAGR until 2017, accounting for 43% of the printing market. Demand for packaged goods will keep corrugated print in control of the global print market, whereas flexible packaging, labels and tags will be in greater demand due to growing diversification in print products.
Asia-Pacific: Bright Outlook for the Packaging and Printing Sectors
Asia-Pacific dominated the packaging printing market with a share of 37% in 2014, according to marketsandmarkets.com. Due to rising competition, consumer awareness and spending as well as demand for aesthetically appealing packaging and sustainable printing, Asia-Pacific’s market share will grow at the highest CAGR from 2015 to 2020, in terms of volume, to become the fastest-growing market for packaging printing.
- Packaging: Thailand’s packaging industry is expected to grow at a CAGR 6.41% to reach a value of US$11.1 billion at the end of 2016 – held by growing food exports and the entry of major industry competitors into its domestic market
- Printing: Overall printing industry will grow in line with national economic growth, estimated at between 3.5% - 4.5%. Thailand is the largest printing hub in Southeast Asia, with its offset and digital printing machinery fully imported
- Packaging: Packaging, which will grow at 13.2% between 2012 and 2017, will be the second-fastest-growing print products sector and have the second-largest market size at US$2.7 billion, in 2017
- Printing: Indonesia’s print market is forecast to grow to US$9.1 billion in 2017, and growth rate will register at 11.2% through to 2017
- Packaging: Top users of plastic packaging are the food, beverage and pharmaceutical industries. Malaysia’s food consumption is projected to reach US$20 billion in 2017 and pharmaceutical sales to register US$5 billion by 2023
- Printing: The printing industry is one of Malaysia’s five pillar industries, with an output value of over US$3 billion since 2014. In recent years, packaging printing, in particular, has seen the most significant growth
- Packaging: Average annual growth of the packaging sector was 15% - 20% due to high population and a rapid development of the packaging sector for consumer goods
- Printing: Printing and packaging industries grew by 15% - 20% in output in 2015. Industrial packaging and label printing accounted for 80% of its total domestic output
T-PLAS 2017, International Trade Fair for the Plastics and Rubber Industries, will be held concurrently with PACK PRINT INTERNATIONAL 2017. Strategically positioned in Southeast Asia’s largest plastics processing industry, T-PLAS will be an ideal platform for companies to enter the region’s plastics and rubber markets.
For further information on visiting or exhibiting at PACK PRINT INTERNATIONAL 2017 or T-PLAS 2017, contact Messe Düsseldorf North America, contact Messe Düsseldorf North America, 150 North Michigan Avenue, Suite 2920, Chicago, IL 60601. Telephone: (312) 781-5180; Fax: (312) 781-5188; E-mail: email@example.com; Visit our web site http://www.mdna.com; Subscribe to our blog http://blog.mdna.com; Follow us on twitter at http://twitter.com/Plastics_MDNA
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