The 2024 Vietnam Print Pack (hereinafter referred to as Vietnam Print Pack) will be held from September 18 to 21. The exhibition address is located in the Saigon Exhibition and Convention Center in Ho Chi Minh. The exhibition is held once a year. The exhibits cover packaging machinery and accessories, corrugated/honeycomb paperboard/carton equipment, packaging materials, packaging containers, printing/prepress/post-press systems, label printing, technical equipment, etc., which serves as a bridge for commercial exchanges among various companies in the packaging industry.
Vietnam Print Pack is the largest and most integrated packaging exhibition in Vietnam, serving as a bridge for business exchanges between top companies in the packaging industry and small, medium or newly established companies. It has become the preferred exhibition for buyers to purchase equipment and understand the development trends and current status of domestic and foreign packaging machinery and related technologies.
Exhibition Review
During the Vietnam Print Pack 2022, a total of 375 companies participated in the exhibition, with more than 600 booths, attracting nearly 15,000 visitors from 36 regions and countries.
More than 400 companies participated in the 2023 Vietnam Print Pack. Exhibitors mainly came from China and Vietnam, with a small number from Turkey, the United States, South Korea, the Philippines, Sweden, Singapore, Germany, India, Indonesia, Malaysia and Japan.
Vietnam Packaging Market
More than a decade ago, China’s packaging companies and even most manufacturing industries have been promoting automation, intelligence, and digitalization in full swing. The efficiency has been getting higher and higher, and the production capacity has doubled, but it is facing the problem of order constraints. Chinese entrepreneurs have turned their attention to neighboring Vietnam. Vietnam was once pushed to the forefront after 2020, and people predicted that Vietnam will replace China as the next “world factory”. In 2022, Vietnam’s GDP exceeded US$400 billion for the first time, and the annual economic growth rate was 8.02%, the largest increase in 12 years.
The global supply chain has changed dramatically after the pandemic, which has also affected the layout of the papermaking and carton packaging industries. According to industry observations, Vietnam’s economic recovery has been relatively fast after the pandemic, and its high demographic dividend and low land costs have attracted a large number of global manufacturing industries to enter the country, taking over a large amount of manufacturing capacity from China. Some international giants have successively invested in and set up factories in Vietnam, which has also led to a surge in demand for packaging.
Second, the Vietnamese government requires local printing factories to eliminate outdated printing equipment, which is a great opportunity for printing equipment manufacturers to enter the Vietnamese market.