Packaging Industry Posts %15 Growth
With an annual growth rate of 15 per cent, Saudi Arabia’s packaging industry is in a strong growth position says the organisers Saudi Print and Pack, quoting the latest market reports.
The 11th edition of Saudi Print and Pack 2014, will be held from February 17 to 20 at the Riyadh International Convention and Exhibition Centre from February 17 to 20.
The exhibition will put on display the latest packaging technologies, machinery, equipment and supplies to the regional market.
It will held concurrently with Saudi Plastics and Petrochem 2014.
Zeyad Al Rukban, deputy general manager, Riyadh Exhibitions Company, said: “Several changes in the global printing and packaging industry in the recent years have created new challenges and opportunities for the sectors. Fresh technologies and innovative products that have led to key changes in packaging concepts and procedures will be explored at Saudi Print and Pack 2014.”
“This year, the event will also focus on the growing demand for green technologies. We also have a special area devoted to environmental-friendly products and technologies.”
The event will feature various product segments including filling machines, packaging machinery, consumer goods canning and packaging, design and manufacturing services and paper production equipment.
The demand for safe and sustainable packaging solutions is also on the rise parallel to food packaging requirements at a time when food consumption is expected to grow at an annual rate of 4.6 per cent until 2015, said a statement.
The kingdom alone commands a large 70 per cent share of the total GCC packaging market, it said.