Promoting SinoCorrugated South 2014 in Indonesia
Indonesia’s Corrugated Packaging Industry Has Virtually Unlimited Growth Potential.
After vigorously publicizing the event in Malaysia, representatives from Reed Exhibitions, organizers of SinoCorrugated South 2014, went on to the fourth leg of their promotional tour of SE Asia: Jakarta, Indonesia. The Reed delegation visited a number of corrugated box companies, media outlets and industry associations. At each stop, they gave updates on current preparations for next year’s show, together with market information about China’s corrugated industry.
Jeffri Tan, Chairman of the Indonesian Corrugated Cardboard Industries Association (PICCI) presented a thorough introduction to the corrugated packaging market in Indonesia, a country with a population of 240 million the fourth largest in the world. Indonesia also has the largest economy in SE Asia. In the past decade, thanks to the high export growth of its consumer and industrial products, the local economy has steadily expanded.
According to a recent Morgan Stanley report, Indonesia’s economic aggregate will grow by 60% in the next five years, reaching USD 800 billion. China is one of the country’s largest import partners. Exports to China account for 10.97% of its total import volume, a proportion set to rise yet further. Machinery imports are a major part of this figure.
Indonesia’s corrugated box manufacturing has developed gradually in recent years. As the equipment of many corrugated manufacturers is badly worn, many companies have invested in new corrugated production lines to enhance efficiency and competitiveness. The Indonesian corrugated packaging industry, currently in a period of high-speed growth, is full of opportunity. According to predictions by the International Corrugated Case Association (ICCA), the growth rate of Indonesia’s corrugated packaging industry was 8.7% in 2013. From 2013 to 2016, annual growth will be as high as 12.3%, much faster than the country’s economic development and symbolic of a sustained high-speed growth period.
Mr. Tan added that PICCI has worked with SinoCorrugated South for many years. Attending the event is a fixed item in the association’s annual calendar. PICCI members highly appreciate the event and the unprecedented 60,000 sqm exhibition area in 2014 is particularly appealing. Mr. Tan pledged to recommend the event to colleagues in the local corrugated packaging industry and to send association members to visit the show.
SinoFoldingCarton will be held alongside SinoCorrugated South from April 10 – 12, 2014, at Guangdong Modern International Exhibition Center in Houjie, Dongguan. Demand for exhibition booths has been enthusiastic, surpassing all expectations – to the extent that exhibition space in the third hall has already sold out. The event has therefore been expanded across an additional three halls (Halls 4, 5 and 6), making the total area of the event 60,000 sqm.
Over 600 exhibitors are expected to showcase their latest products and technologies to at least 26,000 trade visitors from the Asia-Pacific Region. Many well-known local and international corrugated equipment manufacturers will promote their most competitive products here at the show. The confirmed exhibitors include BHS, EMBA, Fosber, Mosca, Sun Automation, Marquipwardunited, Taiwan Yuli, Taiwan Mingwei, Qingdao Meiguang, Dongguan Jiufeng, etc.
SinoCorrugated South 2014 is Asia-Pacific's leading trade show for the global corrugated manufacturing industry. The event features the latest, most innovative corrugated equipment and consumables on the market. As a sourcing platform for manufacturers of corrugated boxes, honeycomb paperboard, paper stock models and paper pipes, the show attracts manufacturers, buyers and end-users alike. It is a must-attend event that sharpens participants' competitive edge by providing networking opportunities, technological updates and news of the latest industry developments.
For more information, please visit the official SinoCorrugated South 2014 website: www.sino-corrugated.com.