Korea’s packaging industry, the fastest rate of growth!!

The rate of growth of packaging industry in Korea is growing up. The Korean packaging industry’s sales in 2011 figures about USD 30 billion and 17 million according to MOTIE(Ministry of Trade, Industry & Energy) and KITECH(Korea Institute of Industrial Technology). Its scale is 6.8% increased than 2010. The sales of global packaging market figures about USD 67 billion. It will reach USD 82 billion by 2016 with 3% growth. Compare to this, the Korean packaging market’s growth rate is twice faster than other countries’.

Korea Packaging Industry is growing steadily across the stable demand of primary & secondary industries. According to the survey data of National Statistical office, packaging industry’s sales accounted for 2% of the total manufacturing’. It is less than Software, but larger than Bio or Robot industry. Of the field of packaging, plastic sector accounted for 51.9%(USD 15 billion and 30 million) of total sales.

The scale is expanded to 900 companies, 3,000 booths by unifying Seoul Pack.

Korea Pack 2014 is taking place from 10(Tue.) to 13(Fri.) June 2014 at Kintex, Korea with the largest scale in Asia, propelled by this growth. Korea Pack 2014, celebrating 19th anniversary this year, is the representing packaging exhibition in Korea focus on packaging machinery, packaging parts & automation parts, package printing machines, packaging inspection equipment, packaging processing equipment, packaging materials & containers, food processing machinery, package design, services and logistic system & equipment for manufacturing process of food, pharmaceutical and cosmetic industries.

Especially, Korea Pack 2014 unifies the Seoul Pack which is packaging machinery trade show organized by KPMA (Korea Packaging Machinery Association). Therefore, the scale of this exhibition is expected to increase over 30% than last show.

“It is expected that a variety of companies in Korea who export their products around the world participate in Korea Pack 2014 with the latest packaging machineries& system” Mr. Lee Jong Woo, the presidentof KPMA said.

Various events which are related with packaging industry are taking place concurrently!

5 associated events will be held during Korea Pack 2014 exhibition. Through the concurrent events, the visitors can show the manufacturing technology of packaging process from A to Z and plant process technology. The concurrent events are as followings; The 4th Materials Handling & Logistics Exhibition(Korea Mat 2014), The 6th Chemical Plant Equipment & Processing Exhibition (Korea Chem 2014), The 9th Cosmetic . Pharmaceutical Machinery & Equipment Exhibition(Cophex 2014), The 4th Pharmaceutical Ingredient Exhibition(Korea Pharm 2014) and The 6th Laboratory & Analytical Equipment Exhibition (Korea Lab 2014).

▶Metal detector
▶Rotary Fill Seal Packaging Machine
▶Paper Cup Forming Machinery
▶Rotary Electro-Weighting Filler
▶Linear Roll Fed Labeler
▶Blister Packaging Machinery
▶Automatic Binding Machine
▶Induction Heat Seal Liner
▶Four-gripper Packaging Machine
▶Case Erectors
▶Punching Machine
▶Vertical-Type Band Sealer
▶High-Speed Paper Cup Forming Machine
▶Punching Machine for Sidewall Blanks
▶Roll Tape Cutter
▶Auto Labeller
▶Auto Pack M/C
▶X-ray Inspection System

 
 
 
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