Next Generation PACKAGING TECHNOLOGY Expo

Welcome to NPacktech Today

ABOUT INDIAN PACKAGING INDUSTRY

The Indian packaging industry is about $23 billion and growing at 15 per cent year-on-year. It is expected to grow at 18 per cent in the coming years to reach $40 billion by 2015. The growth will largely be drived by food consumption, which is expected to touch $ 240 billion by 2013, according to Ministry of Commerce and Industry.

The demand for different types of packaging in the consumer goods sector has been growing phenomenally. Large supermarkets and malls have driven this growth even further. Innovative packaging solutions are the only way to maximise customer satisfaction in this sector. In India, there are about 600-700 packaging machinery manufacturers who are in the small and medium sector. The domestic packaging sector, which has registered a 15 per cent growth, is expected to grow at 18 per cent in the next few years to touch $40 billion by 2015. Currently, it accounts for 10 per cent of the global market, constituting nearly 400 billion containers in terms of unit volumes. India imports about $125 million worth packaging machinery from Germany, Italy, Korea and China, with some 600-700 machinery manufacturers operating locally.

Be a part of the World of Packaging in Sri Lanka and widen your horizons.

ABOUT SRI LANKA MARKET IN PACKAGING INDUSTRY

Sri Lanka has enjoyed strong GDP growth rates consistently in the range of 7 – 8% in the recent years with an economy of over US$ 50 Billion and a per capita gross domestic product (GDP) of about US $ 2400/-. The Government has been deregulating, privatizing and opening the economy to International competitions. With many sectors recording consistent growth and a very strong export sector, the need for new technology in the packaging industry is at a high demand today. 2011 exports have exceeded USD 11 Billion recording a growth rate of 22% and with several initiatives taken by the government, exports are expected to reach its USD 15 Billion target by 2015.

The significant growth recorded despite the global crisis experienced speaks for the potential and the initiatives taken towards a concentrated effort of developing and building new markets. Packaging remains one of the most important industries that are directly linked to exports, in addition to a fast growing domestic market with increased consumption and spending power.

The need for the latest technology is great and it is the opportune moment to step into this fast emerging market. It is a market in which all indicators are moving in the right direction. This is an opportunity not to be missed.

Come, be part of the growth story of the Sri Lankan Packaging Industry. You could only gain and prosper by your participation in this prestigious event happening on 24, 25 & 26 April 2015 at Chennai Trade Centre, Chennai, INDIA.

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BUYSELL INTERACTIONS PRIVATE LIMITED

is one of the leading organizers of professional trade exhibitions, seminars & workshops having organized 140 plus shows in various cities in India & abroad...    Read More