The 2024 Indonesian Food Packaging and Machinery Exhibition ALLPACK INDONESIA (hereinafter referred to as the Indonesian Packaging Exhibition) will be held at the Jakarta Convention Center in Indonesia from October 9 to 12. The exhibition is held once a year and is one of the most influential packaging exhibitions in Southeast Asia. The Indonesian Packaging Exhibition ALLPACK INDONESIA has received strong support from the Indonesian Ministry of Commerce, the Indonesian Ministry of Industry, the Indonesian Ministry of Welfare, the Indonesian Pharmaceutical API Management Federation, the Indonesian Pharmaceutical Association, the Indonesian Ministry of Trade and Industry, the Indonesian Exhibition and Conference Organizing Association, the Asian Packaging Alliance, the Indonesian Plastic Packaging Association, and the Indonesian Packaging Alliance. This exhibition is an important professional exhibition for the pharmaceutical, drug and packaging industries in Southeast Asia.
The net exhibition area of Indonesia Packaging Exhibition will exceed 25,598 square meters, with more than 800 exhibitors and brands from 25 countries and regions. During the four-day exhibition, more than 35,000 professional visitors will be received. Among the exhibitors, there are 436 local Indonesian exhibitors, accounting for 52% of the total number of exhibitors; 48% are foreign exhibitors.
market background
Indonesia is at the heart of the booming ASEAN region, but still very much “local” (not a hub). 4th most populous country in the world with 267 million people (to reach 350 million by 2030) / Region’s largest agricultural country, but heavily dependent on palm oil. Growing middle class (4 million in 2020) with a diverse diet. One of the lowest GDPs in South Asia / Low imports (ranked 25th) More than 90% of traditional retail.
Indonesia is the fourth largest country in the world and the 16th largest economy.
Indonesia accounts for 40% of ASEAN GDP and grew by more than 5.2% in 2019. Indonesia has a population of 264 million, the world’s largest Muslim population, a consuming class of 45 million, a consuming class of 135 million by 2030, modern distribution expansion (currently 15% value share) and increasing penetration of premium products/services, with more than half of annual household expenditure on food and beverages by 2030. The food and grocery retail market includes the retail sales of all food (both packaged and non-packaged), as well as beverages (including the retail sales of all alcoholic and non-alcoholic beverages) and household goods. All trade sales of food and beverages are excluded. All currency conversions are calculated at the average constant 2017 exchange rate.
In 2017, the total revenue of the Indonesian food and grocery retail market was US$201.3 billion, with a compound annual growth rate (CAGR) of 8.1% from 2013 to 2017. In 2017, the food segment was the most profitable part of the market with a total revenue of US$164.9 billion, equivalent to 81.9% of the total market value.
Indonesia’s growing middle class is driving the expansion of modern retail. In addition, rising prices of basic food items such as vegetables, rice and seeds have led to strong growth in the value of this market. From soup dishes in humble local restaurants to street food to expensive dishes.