Bobst India arranges a seminar on corrugated board industry in city

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Business Desk :
Team from Bobst India a 100 percent affiliate of Bobst SA did a seminar in Dhaka recently talking on the global trends in the folding carton and corrugated board industry and shared some statistics of growth and prospects of packing in South Asia.
Bangladesh has a long history and associated with Bobst products since 1976. Bobst has about 10 machines installed in Bangladesh of the new generation in the last 2-3 years. Zeeshan International is representing Bobst since 2015.
The packaging market in South Asia is a growing between 10- 12 percent per annum CAGR. Talking at show they cited that per capita consumption of paper and paper board our region is the lowest in the world with about 10-12 kg/person while other parts of Asia and China are 30Kg and developed economies at 100kg and above.
Bobst SA headquartered in Switzerland with a history of more than 125 years are the world leaders in manufacturing and services of machines for the folding carton, corrugated , flexible and label packaging industry.
Packaging globally is a USD 850 bio turnover business including paper board, flexible, plastics, tin and glass and as per Smithers Pira report will be a USD 1 trillion turnover business by 2020. Packaging is at its nascent stage in the South Asian and with the disposable income increasing and increasing Purchasing power parity, with the emerging organised retail and e-commerce, packaging will take a big leap in the next decade.
Today brand owners are looking at quality, innovation in printing, defect free and JIT deliveries from their suppliers and Bobst presented various solutions from their portfolio for the converting process for the packaging for the folding carton and corrugated board industry like automatic flat bed die cutter, folder gluers, foil stamping and FFG Flexo folder gluer’s.

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