In response to the impact of the Coronavirus epidemic, to ensure safety of our participants and provide you with the most convenient way to network, increase your technical knowledge and find business partners, this event has been turned into a Virtual Conference.
This Virtual Conference will be focused on discussing prospects, trends, opportunities and challenges of Philippine Food and Beverage Plastic Packaging market in context of ASEAN region.
Value of the Philippine food processing sector is exceeding a US $29 billion and 10% annual growth of Philippine's F&B industry is the second biggest in ASEAN. The Value of Net Sales Index of 2018 showed beverages sector growing by 27.7% and food manufacturing by 14.1%.
The benefits of Shelf Ready Packaging, such as convenience, reducing food waste, attractiveness for custoomers -are expected to event further increase the speed of its growth, fuelled by simple benefits of product differentiation and potential for increased sales and as a result, of fewer stock outs for retailers. With customers perceiving packaging more and more as a part of the core product, with contemporary design typically based on minimalism and communicating the brand values, companies put more efforts than ever to use Packaging as Marketing platform to develop brand awareness.
Sustainability. The big word of 2019 – will not be less relevant in 2020 after the pandemic. Our experiences showed us how human behavior affects the environment around us and even though we need and want plastics for their multiple benefits - from shelf life increase, lightweight, sanitation benefits - we also want clean environment.
With consumer not reeling back from environmental awareness, despite the troubles we are all experiencing right now, companies are dedicated to transform their production line to achieve full sustainability. Bioplastics and other biodegradable materials are tested, implemented and improved. Production lines are being upgraded with the achievements of Industry 4.0 and IIoT to reduce impact on the environment. Corporate Social Responsibility programs are being created to educate consumers about reducing, reusing and recycling initiatives. And result of those are good not only for the environment, but for the brands as well with perception of eco-friendly brand correlating directly with its products sales performance.