The outlook of paper packaging industry has never been brighter in light of the e-commerce age where the power of established digital technology, logistics capacity, and e-Payment has shifted a new customer landscape that is expanding the world over. According to Smithers’ forecast*, the demand for e-commerce packaging will continue to boom at an accelerated compound annual growth rate (CAGR) of 17% to reach a value of $113.5 billion in 2025. Asia-pacific, North America, and Western Europe account for 90% of the global consumption with a promising sight of further growth up ahead.
To keep industry players up with the pace, Corrugated and Folding Carton Packaging Zone, a special zone for the corrugated & folding carton industry, will be held at TILOG-LOGISTIX 2021, the most comprehensive exhibition on logistics service providers and intralogistics technologies & solutions from 25-27 August 2021 at Hall 98, BITEC, Bangkok. The new synergy aims to enhance the whole supply chain for paper packaging manufacturers, entrepreneurs or manufactures in all industries, and logistics service providers under one platform. Business opportunities will be unfolded to enable brand owners, technology developers, and service providers from both industries to connect, expand business networks for further development on operation systems, cost efficiency, effective management, and then thrive together.
*Source: Smithers
