Supply Chain Globalization and SME Regionalization Solutions.
The rise of globalization, regionalization, and e-commerce, with global coding and marking market is expected to reach values of over USD 7 billion by 2023 with a CAGR of 7% during 2018-2023.
The advancement of Coding, Marking, and Labelling will enable a centralized and dynamic means to ensure quality management, traceability & identification, content safety & security, industry specific regulations, and supply chain management for a quality assurance environment and cost-effective operations for all magnitudes of operations.
Thailand’s industry value for Food, Beverage Cosmetics (including personal care), and Pharmaceutical have a combined value of THB 2,718 billion in 2017, and its 2017-2020 CAGR is set to rise 6.15% on average across the four industries. The growth is due to higher domestic & export demands and business regional expansion, Coding, Marking, and Labelling technology and machine producers must meet the domestic and export regulation requirements, demand, and volume.
The 9th edition of Coding, Marking, and Labelling featured at ProPak Asia 2020, the Asia’s No. 1 Processing and Packaging Exhibition will showcase the latest and greatest from traditional to smart solutions for globalization, regionalization business operations, while recognizing SME’s needs for local and international development.