Join us for the 4th edition of Compack Sri Lanka, from SEPT 30 TO AUG 1,2024 at the BMICH in Colombo. This industrial exhibition highlights cutting-edge packaging machinery and materials.
Our event brings together industry experts, manufacturers, and suppliers to showcase their innovations, foster partnerships, and discover new opportunities in the packaging sector. Explore a wide array of packaging machinery and materials, from printing and labeling machines to filling machines and diverse packaging materials.
Sri Lanka's packaging industry is on the brink of significant growth, driven by urbanization, rising incomes, and the surge in e-commerce. With a projected CAGR of 5.5% between 2020-2025, this industry presents lucrative prospects for packaging suppliers and machinery manufacturers. Furthermore, Sri Lanka's government is actively supporting industry growth through initiatives like the National Packaging Centre (NPC), aimed at developing standards, eco-friendly practices, and professional training.
Compack Sri Lanka offers an ideal platform to showcase your products, seize new opportunities, and delve into the dynamic packaging landscape of Sri Lanka. Join us in shaping the future of packaging in this vibrant market.
Sri Lanka is a growing market in South Asia, with a population of over 21 million people and a rapidly developing economy. The plastics industry is one of the key sectors contributing to the country's economic growth, with significant potential for further expansion.
There is a growing demand for plastics in Sri Lanka, particularly in sectors such as packaging, construction, healthcare, and consumer goods. The use of plastics in these sectors has increased significantly in recent years, driven by factors such as urbanization, rising incomes, and changing consumer preferences.
In addition to the domestic market, Sri Lanka's strategic location makes it an ideal gateway to the South Asian and Southeast Asian markets. The country's well-developed port infrastructure and trade agreements with neighboring countries offer opportunities for international businesses to access these markets.
Participating in the Compack Sri Lanka packaging industry exhibition can provide businesses with several benefits, including:
Exhibiting at Compack Sri Lanka provides businesses with the opportunity to showcase their products and services to a wider audience, which can help increase brand visibility and awareness.
The exhibition brings together industry professionals, manufacturers, and suppliers from the packaging industry, providing businesses with the opportunity to network with potential partners, customers, and suppliers.
Compack Sri Lanka provides businesses with insights into the latest trends and technologies in the packaging industry, which can help them stay competitive and informed about the market.
The exhibition provides businesses with a platform to generate new leads, identify potential customers, and develop new business opportunities.
Participating in Compack Sri Lanka allows businesses to showcase their latest products, innovations, and technologies to a relevant and interested audience.
However, Sri Lanka is highly dependent on imports for packaging materials and machinery from countries such as India and China. This presents an opportunity for businesses to tap into the Sri Lankan market and reduce the country's dependency on imports.
Furthermore, the Sri Lankan government has been providing more support for the plastics industry, including incentives such as tax breaks and subsidies to encourage investment in the sector. This creates a favorable environment for businesses to grow and compete with international companies.