Asia’s Printing Hub Answers Region’s Converting & Package Printing Demand
Thailand’s industry value for Food, Beverage, Cosmetics (including personal care), and Pharmaceutical have a combined value of THB 2,718 billion in 2017, and its 2017-2020 CAGR is set to rise 6.15% on average across the four industries. The food & beverage segments are forecasted to be the fastest-growing segment for 2016-2026.
During 2014-2018, Thailand’s packaging market growth is 5.57%, no. 2 in Southeast Asia and no. 4 in Asia Pacific after India, Indonesia, and China. This leads to Thai Government’s commitment to promote Thailand as the region’s printing hub with readiness in local & international supplies, workforce, import/export logistics, and infrastructure to support more than 5,000 & growing in printing upstream and downstream activities.
Printech Asia is at the center of region’s packaging printing and converting volume growth and demand for more attractive, product differentiation & authentication, efficiency, and packaging printing technology, including food & beverage safety & preservation.
The opportunities are in digital printing, high-quality & high-fidelity printing, screens, special printing techniques, hybrid printing systems, web offset printing system for in-line print mid-production, new finishing techniques, new standards for proofs, high-resolution inkjet printers, color monitors, contract-quality proofs, equipment and machinery upgrades and replacement.
The 3rd edition of Printech Asia, a featured Printing industry zone at ProPak Asia, the Asia’s No. 1 Processing and Packaging Exhibition, is the yearly destination for major and SME buyers from food, beverage, pharmaceutical, and cosmetics & personal care industries to source fulfillment.