COMPLAST Sri Lanka Exhibition is an annual event that has been held in Colombo for the past 6 editions, and in 2023, it will be celebrating its 7th edition from August 25-27. This exhibition is a premier platform for manufacturers, suppliers, traders, and service providers in the plastics and other allied industries to showcase their machinery, products, and services to potential customers from various sectors. The exhibition covers a wide range of products and services, including raw materials, machinery and equipment, finished products, and services such as recycling, testing, and certification.
Exhibiting at COMPLAST Sri Lanka offers a unique opportunity for international businesses to access the Sri Lankan market, which is a region with a population of over 20 million people. Sri Lanka also serves as main trade and investment country in the South Asian region. Exhibitors from different countries come together to network with potential customers, partners, and suppliers and gain insights into the latest industry trends and technologies. This platform provides local companies with an opportunity to showcase their products and services alongside international companies, helping to boost their visibility and competitiveness.
The exhibition attracts visitors from various sectors, including packaging, automotive, construction, healthcare, and electronics, providing a diverse range of business opportunities for exhibitors. In addition to the exhibition, the event also includes a series of conferences and seminars focused on the plastics industries. These sessions provide an opportunity for industry players to exchange knowledge and ideas and to learn about the latest industry developments and trends. The conferences also feature presentations from experts in the industry, providing valuable insights into best practices and strategies for growth.
COMPLAST Sri Lanka Exhibition has been successful in promoting the development of the plastics and other allied industries in Sri Lanka. The exhibition has helped to promote the adoption of sustainable practices in the industry, including recycling and waste management. It has also helped to attract foreign investment into the sector, leading to the establishment of new manufacturing facilities and the creation of new jobs.
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.
An exhibition such as COMPLAST Sri Lanka would provide a unique platform for manufacturers, suppliers, traders, and service providers in the plastics and other allied industries to showcase their products and services to potential customers from various sectors. It would also provide an opportunity for local companies to showcase their products and services alongside international companies, boosting their visibility and competitiveness.
The exhibition would also provide an opportunity for industry players to exchange knowledge and ideas, and to learn about the latest industry developments and trends. This would be particularly valuable for local companies, which can benefit from exposure to international best practices and strategies for growth.
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.
Overall, Sri Lanka's growing economy, strategic location, and supportive government policies make it a promising location for a plastics exhibition such as COMPLAST Sri Lanka.