BROWSE THROUGH OUR TRADE FAIRS IN CHINA FOR PACKING & PACKAGING INDUSTRY

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Shanghai, China
18 Nov 2024 - 20 Nov 2024
China is among the prominent Asian and global packaging countries. This is due to the notably extensive and comprehensive section present in the state. For example, it has recently extended to more than 20 000 enterprises. It includes around 1 600 packaging machinery manufacturers. They produce around 2 700 packaging types. It leads to the direct and indirect employment of more than 3 000 000 specialists. It results in the segment producing notably high annual turnover rates. For instance, the packing machinery industry has lately created up to 46 500 000 000 RMB, or around 6 390 554 000 USD. The Chinese packaging division similarly features a CAGR development rate of 5.7%. There are several causes for its development potential. One of them is that the Chinese packaging industry is among the notable global and Asian packaging innovation hubs. This is due to the segment focusing on research, development, and innovation. For instance, seven manufacturing facility projects have been implemented in the Guangdong cluster. They amount to 4 200 000 000 RMB. They resulted in new manufacturing facilities with intelligent and digitally enhanced packaging machinery. Generally, the sector presents its latest innovations and projects during trade expos. Examples include annual events held in diverse Chinese cities that attract tens of thousands of visitors.