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2023 PACK EXPO Las Vegas
Category: Exhibition News
Date: 2023-03-21
Click: 866
Author: pmpromier
PACK EXPO Las Vegas has been held alternately in Chicago and Las Vegas since it was founded by the American Packaging and Processing Technology Association in 1995, and has become the largest packaging exhibition in North America and an extremely influential professional exhibition among international packaging exhibitions. It is an exhibition focused on packaging machinery and packaging product-related industries, allowing you to learn about the latest developments and the latest technologies in the packaging industry, discover products you didn't know existed, and a good opportunity to solve production problems and branding challenges. The exhibition is a truly international event in the packaging industry, fully demonstrating the scientific research and innovation in the processing and packaging field in the world today, and is a window reflecting human wisdom and creativity.

 

Market Background

The largest trading partner of the United States is Canada, followed by China, Mexico and Japan, with approximately $1.1 billion worth of products per day. The U.S. economy is highly developed and the currencies of several countries around the world are pegged to the U.S. dollar. Currently the fastest growing packaging equipment production is in developing countries and regions.

 

* Developed countries will profit from stimulating domestic demand and look for suitable local manufacturers in developing countries, especially in food processing plants to invest in the provision of packaging machinery and equipment. If in the labeling machine and cartoning machine and other equipment, China-made machinery can not compete with Germany, Italy, Japan products, then in some lower-technology products can already meet the requirements of the U.S. market, and most likely to get a breakthrough in the short term. In particular, some general-purpose packaging equipment, such as heat shrink packaging machines, wrapping machines, etc., the cost of Chinese-made products less than half of the U.S. products, with very strong competitiveness, low price is the best knock on the door of Chinese packaging machinery into the U.S. market. In fact, there are already some U.S. companies in China for OEM production, the production of some products exported to the U.S. market.



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