INTRODUCTION August 2013 Corporate Presentation ... - …
Transcript of INTRODUCTION August 2013 Corporate Presentation ... - …
Da
ibo
ch
i Pla
stic &
P
ac
ka
gin
g In
du
stry
Be
rha
d
Co
rpo
rate
Pre
sen
tatio
n
Ma
cq
ua
rie In
ve
stor R
oa
dsh
ow
Au
gu
st 20
13
IR A
dv
ise
r
AQ
UIL
AS
INTRODUCTIO
N
2
INTRODUCTIO
N
3Flexible Packaging Market Flexible Packaging Market -- AsiaAsia
Spotlig
ht o
n A
sia: R
egio
n h
as –
and w
ill contin
ue to
–dem
onstra
te
substa
ntia
l incre
ase
in d
em
and fo
r flexib
le p
ack
agin
g…
En
d-u
se
rs
•D
ua
l-inco
me
fa
milie
s a
nd
in
cre
asin
g
urb
an
iza
tion
•D
ua
l-inco
me
fa
milie
s a
nd
in
cre
asin
g
urb
an
iza
tion
F&
B
Ma
nu
fac
ture
rs
•S
ign
ifica
nt
inve
stm
en
ts b
y F
&B
m
an
ufa
ctu
rers
•S
ign
ifica
nt
inve
stm
en
ts b
y F
&B
m
an
ufa
ctu
rers
Fle
xib
le
Pa
ck
ag
ing
C
on
ve
rters
•L
oca
ted
with
in
low
er p
rod
uctio
n
co
st c
en
tres, a
nd
a
dh
erin
g to
•L
oca
ted
with
in
low
er p
rod
uctio
n
co
st c
en
tres, a
nd
a
dh
erin
g to
Flexible Packaging Market Flexible Packaging Market
urb
an
iza
tion
d
rivin
g d
em
an
d
for c
on
ve
nie
nt
“on
-the
-go
” F&
B
an
d in
div
idu
al
se
rvin
gs
•S
ou
the
ast A
sia
(S
EA
) ide
ntifie
d
as a
“hig
he
st
gro
wth
” ma
rke
t(S
ou
rce
: PC
I Film
s)
urb
an
iza
tion
d
rivin
g d
em
an
d
for c
on
ve
nie
nt
“on
-the
-go
” F&
B
an
d in
div
idu
al
se
rvin
gs
•S
ou
the
ast A
sia
(S
EA
) ide
ntifie
d
as a
“hig
he
st
gro
wth
” ma
rke
t(S
ou
rce
: PC
I Film
s)
ma
nu
factu
rers
a
nd
/or
pro
ce
sso
rs to
e
sta
blis
h a
nd
e
xp
an
d p
rese
nce
in
SE
A re
gio
n
ma
nu
factu
rers
a
nd
/or
pro
ce
sso
rs to
e
sta
blis
h a
nd
e
xp
an
d p
rese
nce
in
SE
A re
gio
n
ad
he
ring
to
inte
rna
tion
ally-
reco
gn
ize
d
sta
nd
ard
s,
SE
A fle
xib
le
pa
cka
gin
g
co
nve
rters
are
b
eg
inn
ing
to
exp
ort to
oth
er
reg
ion
s
ad
he
ring
to
inte
rna
tion
ally-
reco
gn
ize
d
sta
nd
ard
s,
SE
A fle
xib
le
pa
cka
gin
g
co
nve
rters
are
b
eg
inn
ing
to
exp
ort to
oth
er
reg
ion
s
The L
ARGEST
supplie
r of p
ack
agin
g in SE
AThe L
ARGEST
supplie
r of p
ack
agin
g in SE
A
4
Daib
och
i –a le
adin
g fle
xib
le p
ack
agin
g p
layer in
SEA –
is pro
xy to
th
e re
gio
n’s fle
xib
le p
ack
agin
g g
row
th…
Track RecordTrack Record
The SO
LE su
pplie
r to
The SO
LE su
pplie
r to C
hem
bong
Chem
bong
Confe
ctionery
Confe
ctionery
Facto
ry in
Facto
ry in
MM’’siasia
Supplie
r of >
90% o
f Su
pplie
r of >
90% o
f ’’s flexib
le p
acka
ging in
s fle
xib
le p
acka
ging in
MM’’siasia
Track RecordTrack Record
Supplie
r of >
90% o
f Su
pplie
r of >
90% o
f ’’s flexib
le p
acka
ging in
s fle
xib
le p
acka
ging in
MM’’siasia
The SO
LE su
pplie
r of
The SO
LE su
pplie
r of
(form
erly
Kraft)
(form
erly
Kraft) b
iscuits in
biscu
its in MM
’’siasia
Other im
porta
nt c
usto
mers:
�Liste
d sin
ce 1
990, n
ow
on M
ain
Mark
et o
f Bursa
M’sia
�M
ark
et ca
p o
f RM
398.5
mil (1
9.8
.13)
�Div
idend p
olicy
of p
ayin
g min
imum
60% o
f annual n
et p
rofit to
sh
are
hold
ers, o
n a
quarte
rly b
asis
5Production FacilitiesProduction Facilities
Inte
gra
ted e
nd-to
-end p
ack
agin
g p
roce
ss… e
quip
ped w
ith
specia
lized in
-house
capabilitie
s
Th
e o
nly p
laye
r in M
ala
ysia
with
in-h
ou
se
cylin
de
r-ma
kin
g, a
nd
on
e o
f the
few
with
me
talliz
ing
& s
ea
ling
ca
pa
bilitie
s fo
r qu
ality a
ssu
ran
ce
an
d c
on
sta
nt im
pro
ve
me
nt a
t ke
y sta
ge
s
Production FacilitiesProduction Facilities
Pre
pre
ss
Pre
pre
ss
Cylin
de
r C
ylin
de
r M
ak
ing
Ma
kin
gG
ravu
re
Gra
vu
re
Prin
ting
Prin
ting
La
min
atio
n
La
min
atio
n
(Ex
trus
ion
/ (E
xtru
sio
n /
Dry
)D
ry)
Slittin
g /
Slittin
g /
Ba
gg
ing
Ba
gg
ing
CP
P F
ilmM
eta
llize
r
Up to
9-c
olo
ur 2
-sid
ed p
rintin
gIn
-house c
apabilitie
sS
olv
ent-b
ase
d/fre
eC
apabilitie
s in
cl S
tandin
g P
ouch
To b
uild
hig
h b
arrie
rsP
olyp
rop
yle
ne s
ealin
g film
s
Corporate ProfileCorporate Profile
6
Leadin
g fle
xib
le p
ack
agin
g so
lutio
ns p
rovid
er, w
ith e
nvia
ble
re
puta
tion o
ver 4
0 y
ears…
20
09
-A
cq
uire
d 9
thp
rintin
g m
ach
ine
; Ob
tain
ed
HA
LA
L C
ertific
atio
n;
20
08
–A
cq
uire
d w
ide
we
b p
oly
pro
pyle
ne
film m
akin
g m
ach
ine
20
07
-R
ece
ive
d G
old
Aw
ard
for th
e C
olo
rpa
k P
acka
gin
g
Exp
ort A
wa
rd a
t Au
stra
lian
Pa
cka
gin
g A
wa
rds
20
04
–A
cq
uire
d M
’sia
’s 1
st5
-laye
r-blo
wn
film m
ach
ine
to
pro
du
ce
tran
sp
are
nt b
arrie
r films
Re
gio
na
l su
pp
lier fo
r BA
T
20
10
–O
bta
ine
d L
ette
r of V
alid
atio
n fro
m U
SA
for e
lectro
nic
pa
cka
gin
g
20
11
–A
cq
uire
d h
igh
-sp
ee
d p
rintin
g m
ach
ine
; Acq
uire
d m
eta
llize
r to p
rod
uce
ultra
hig
h b
arrie
r films;
Accre
dite
d w
ith IS
O:1
40
01
20
12
–S
et u
p C
lea
nro
om
for b
ag
gin
g p
roce
ss
Corporate ProfileCorporate Profile
19
94
–A
cq
uire
d fa
ste
st e
xtru
sio
n la
min
ato
r in S
EA
19
96
-M
ove
d to
cu
rren
t pre
mis
es w
ith >
32
5,0
00
sq
ft bu
ilt-up
are
a
20
01
–In
co
rpo
rate
d A
ustra
lian
su
bsid
iary
; Accre
dite
d w
ith IS
O:9
00
1
19
99
–S
up
plie
r to N
estle
M’s
ia
20
02
–A
cq
uire
d m
eta
llize
r with
Pla
sm
a T
ech
to p
rod
uce
hig
h-b
arrie
r films;
Re
gio
na
l Su
pp
lier to
Ne
stle
in S
EA
20
03
–T
ran
sfe
r to M
ain
Bo
ard
(no
w M
ain
Ma
rke
t); Accre
dite
d w
ith H
AC
CP
19
90
–A
cq
uire
d m
eta
llize
r to p
rod
uce
in-h
ou
se
me
taliz
ed
films; L
iste
d o
n 2
nd
Bo
ard
of K
LS
E (B
urs
a M
’sia
)
19
87
–A
cq
uire
d p
oly
pro
pyle
ne
film-m
akin
g m
ach
ine
to p
rod
uce
in-h
ou
se
films
19
84
–S
tarte
d in
-ho
use
prin
ting
cylin
de
r ma
kin
g
19
72
–E
sta
blis
he
d in
Me
laka
with
10
,00
0 s
q ft p
lan
t; Mo
ve
d to
larg
er p
rem
ise
s w
ith 1
65
,52
7 s
q ft
Corporate Profile (conCorporate Profile (con’’t)t)
••Accre
dite
d a
nd w
orld
Accre
dite
d a
nd w
orld
--class
class
pro
ductio
n fa
cilities in
Mela
ka
pro
ductio
n fa
cilities in
Mela
ka
»Atta
ined ISO
:9001and ISO
:14001
certific
atio
ns
»Hazard Analysis C
ritical C
ontro
l Points
(HACCP) c
omplia
nt to
ensure
7
Inte
rnatio
nally
-certifie
d p
roductio
n fa
cilities th
at co
mply
with
all
facto
ry a
udits b
y o
ur M
NC clie
nte
le…
strength
in in
novatio
n
Corporate Profile (conCorporate Profile (con
(HACCP) c
omplia
nt to
ensure
adherence to
food sa
fety re
quire
ments
••W
ell
Well--e
quip
ped la
bora
tory
and
equip
ped la
bora
tory
and
innovatio
n ce
ntre
innovatio
n ce
ntre
»To ensure our p
roducts e
xceed custo
mers’
packaging barrie
r, retentio
nand m
igratio
n
require
ments
»Recent b
reakthrough in
producing 2-la
yer
film to
potentia
lly re
place conventio
nal
4-la
yer film
8
New
manufa
cturin
g fa
cilities w
ith sta
te-o
f-the-a
rt mach
inery
to
bette
r positio
n D
aib
och
i for th
e lo
ng h
aul…
Corporate Profile (con’t)Corporate Profile (con’t)
••33--y
ear e
xpansio
n fo
r long
year e
xpansio
n fo
r long--te
rm
term
su
stain
ability
susta
inability
»To in
vest R
M45 m
il over 3
-year p
erio
d to
constru
ct a
nd equip new m
anufacturin
g
facilitie
s in Jasin
, Melaka
»Procurin
g advanced and higher-sp
eed
Corporate Profile (con’t)Corporate Profile (con’t)
»Procurin
g advanced and higher-sp
eed
machinery to
generate m
ore output;
increasin
g Daibochi’s
capacity
to se
rve
larger c
lientele
»Short te
rm:
Stre
amlin
e operatio
ns, e
specially
for
metalliz
ingand film
-making fu
nctio
ns
»Long-te
rm:
Increase capacity
to se
rve la
rger o
rders a
nd
produce higher-v
alue products
Co
nstru
ctio
n p
rog
ress o
f new
facilitie
s
Customer BaseCustomer Base
Div
ersifie
d clie
nte
le o
f leadin
g g
lobal b
rands…
F&B a
nd F
MCG o
ur
traditio
nal stro
nghold
s
9
Fo
od
Be
ve
rag
eF
MC
GS
pe
cia
lty
Customer BaseCustomer BaseCustomer Base (con’t)Customer Base (con’t)
Reapin
g b
enefits fro
m e
nhance
d cu
stom
er e
xpansio
n o
ver th
e
years…
new
custo
mer in
itiativ
es th
e n
ext ca
taly
st
10
40% e
xport sa
les
70% to
South East A
sia,
30% to
Austra
lia
75% M
NC cu
stom
ers
Gateway to
regional o
pportu
nitie
s
90% fro
m F
&B se
ctor
Breakthrough in
non-F&B
secto
r to augment g
rowth
from F&B cu
stomers
Customer Base (con’t)Customer Base (con’t)
Medica
l Secto
r•
Positio
ning Daibochi to
support g
lobal m
edical
glove m
anufacturers
based in
Malaysia
Ele
ctronics Se
ctor
•Partn
erin
g w
ith
Lubriz
ol C
orporatio
n to
jointly
develop and
market sp
ecially
-
form
ulated ESD
11
New Customer InitiativesNew Customer Initiatives
Movin
g in
to m
anufa
cturin
g fle
xib
le p
ack
agin
g fo
r hig
hly
-stringent
and h
igh v
alu
e-a
dded se
ctors…
Tobacco
Secto
r•
Approved a
s a
Regional S
upplie
r for
British
Americ
an
Tobacco (B
AT) M
alaysia
in 2009
•Began commercial
supply of su
rgical g
love
packaging in
mid-2012
•New opportu
nitie
s in
examinatio
n-and
hybrid
gloves
form
ulated ESD
packaging fo
r
electro
nics c
omponents
•Undergoing
pre-qualific
atio
n
process a
nd te
sting
with
vario
us g
lobal
manufacturers
New Customer InitiativesNew Customer Initiatives
in 2009
•Curre
ntly
producing
outer p
romotio
nal
packaging; e
xplorin
g
supply of c
igarette
-
protectiv
e packaging
* ESD: E
lectro
static D
issipativ
e
FIN
ANCIA
L P
ERFORM
ANCE
12
FIN
ANCIA
L P
ERFORM
ANCE
13
Stro
ng fin
ancia
l positio
n su
stain
s div
idend p
ayout…
earn
ings to
be
cata
pulte
d w
ith ca
pacity
& cu
stom
er e
xpansio
n
Financial SnapshotFinancial Snapshot
Ba
lan
ce S
he
et
Hig
hlig
hts
As a
t
30
.6.1
3
As a
t
31
.12
.12
Ne
t ge
arin
g0
.22
x0
.15
x
Re
turn
on
Ave
rag
e
Sh
are
ho
lde
rs Eq
uity
16
.9%
*1
7.0
%
Re
turn
on
Ave
rag
e
Tota
l Asse
ts
10
.7%
*1
0.6
%
* An
nu
alize
d
14
Key ra
w m
ate
rials m
ain
ly so
urce
d lo
cally, o
r incre
asin
gly
pro
duce
d
in-h
ouse
…
Raw Material & Cost Breakdowns
Top
5 m
an
ufa
cturin
g e
xp
en
ses @
1H
13
Dire
ctla
bo
ur
10
.8%
En
erg
y4
.4%
De
pre
ciatio
n3
.9%
Ke
y R
aw
Ma
teria
lB
rea
kd
ow
n
(% o
f raw
ma
teria
l costs)
PE
Re
sin1
8%
PE
Film
6%
PP
Re
sin1
0%
PP
Film
12
%
Raw Material & Cost Breakdowns
De
pre
ciatio
n3
.9%
Re
pa
ir&
Ma
inte
na
nce
3.3
%
Fre
igh
t/ sh
ipp
ing
1.2
%
TO
TAL
23
.6%
PP
Film
12
%
Po
lyeste
rF
ilm1
1%
Me
talize
dP
olye
ster F
ilm5
%
Alu
min
ium
Foil
7%
So
lven
t9
%
Ad
he
sive, In
k,
Oth
ers
22
%
TO
TAL
10
0%
Friendly PoliciesFriendly Policies1
5
Investo
r-friendly
policie
s in re
cent y
ears h
elp
ed to
shape D
aib
och
i’s valu
atio
n…
2009
2009
•S
et d
ivid
en
d p
olic
y
to p
ay n
ot le
ss
tha
n
50
% o
f ne
t pro
fits to
sh
are
ho
lde
rs(o
n th
e b
ack o
f re
co
rd F
Y2
00
9
2011
2011
•B
oa
rd o
f Dire
cto
rs
de
term
ine
d to
ph
ase
o
ut p
rop
erty s
eg
me
nt
to fo
cu
s o
n c
ore
p
ac
ka
gin
g
bu
sin
es
s
2012
2012
•U
nd
erto
ok
1-fo
r-2 B
on
us
Iss
ue
to
ad
dre
ss liq
uid
ity
•In
cre
as
ed
div
ide
nd
p
olic
y to
pa
y n
ot
les
s th
an
60
% o
f
InvestorInvestor--Friendly PoliciesFriendly Policies
reco
rd F
Y2
00
9
ea
rnin
gs)
•D
ivid
en
d to
be
pa
id
qu
arte
rly, e
ffectiv
e F
Y2
00
9
bu
sin
es
sle
ss
tha
n 6
0%
of
ne
t pro
fits o
n a
q
ua
rterly
ba
sis
Sin
ce 1
0-S
ep,
share
capita
l incre
ased
to R
M11
3.8
5 m
il of
RM
1.0
0/s
hare
(fro
m R
M75.9
0 m
il of
RM
1.0
0/ s
hare
)
+79%
+23%
Stre
ng
then
co
llab
ora
tion
s w
ith M
NC
s
in F
&B
an
d F
MC
G s
ecto
rs to
co
ntin
uo
usly
inn
ova
te
Co
ntin
ue te
stin
g a
nd
certific
atio
ns fo
r new
secto
rs
16
Daib
och
i -a h
igh-p
ote
ntia
l flexib
le p
ack
agin
g p
rovid
er p
oise
d fo
r th
e n
ext q
uantu
m le
ap…
early
entry
into
the re
gio
n’s p
roxy
Investment CaseInvestment Case
Co
ntin
ue te
stin
g a
nd
certific
atio
ns fo
r new
secto
rs
(Me
dic
al a
nd
E&
E c
om
pa
nie
s lo
ca
lly a
nd
reg
ion
ally
)
Bu
ild n
ew
man
ufa
ctu
ring
cap
acity
to h
on
e c
om
pe
titive
ed
ge
for p
rese
nt a
nd
futu
re c
lien
tele
Fin
an
cia
l perfo
rman
ce s
et fo
r furth
er im
pro
vem
en
t
Le
ve
rag
ing
on
ind
ustry
gro
wth
, resilie
nt c
lien
tele
an
d
on
go
ing
exp
an
sio
n s
trate
gie
s
Investment CaseInvestment Case
17
Outp
erfo
rmed K
LCI In
dex in
past 1
-year…
PE to
be co
mpre
ssed b
y
earn
ings g
row
th, sw
eete
ned b
y d
ece
nt d
ivid
end y
ield
ValuationsValuations
Sh
are
Pric
e @
19-A
ug
RM
3.5
0
Mark
et C
ap
@ 1
9-A
ug
RM
398.5
mil
FY
12 P
E16.2
x
FY
12 E
V / E
BIT
DA
9.7
x
FY
12 D
ivid
en
d Y
ield
13.7
%
DP
PH
igh
est: R
M3
.80
(31
-Ma
y 2
01
3)
ValuationsValuations
1B
ase
d o
n a
dju
ste
d d
ivid
en
d p
er s
ha
re o
f 13
.3 s
en
, po
st 1
-for-2
Bo
nu
s Is
su
e
So
urc
e: B
loo
mb
erg
FB
MK
LC
I
THANK Y
OU
18
THANK Y
OU
www.daiboch
iplastic.co
m
Bloomberg: D
PP:M
KReuters: D
PPM.KL
Conta
cts:
Ms. T
an G
aik
Hong
E: g
hta
n@
daib
och
ipla
stic.com
Mr L
ow
Jin
Wei
E: jin
wei@
daib
ochip
lastic.c
om
APPENDIX
19
APPENDIX
DA
IBO
CH
I PL
AS
TIC
& P
AC
KA
GIN
G IN
DU
ST
RY
BE
RH
AD
Lis
ted
Main
Mark
et, B
urs
a M
ala
ysia
sin
ce 1
990
(Tra
nsfe
rred fro
m S
econd B
oard
in 2
003)
Secto
rIn
dustria
l Pro
ducts
20
Liste
d sin
ce 1
990…
Corporate InformationCorporate Information
Secto
rIn
dustria
l Pro
ducts
Codes
Burs
a: 8
125 / D
AIB
OC
I
Blo
om
berg
: DP
P:M
K
Reute
rs: D
PP
M.K
L
Share
Capita
lR
M113.9
mil (1
13.8
5 m
il share
s o
f RM
1 e
ach)
Mark
et C
apita
lizatio
nR
M398.5
mil (R
M3.5
0 a
s a
t 19-A
ug 2
013)
Corporate InformationCorporate Information
21
Key ManagementKey ManagementExperie
nce
d m
anagem
ent w
ith in
dustry
expertise
…
Th
om
as
Lim
So
o K
oo
n, M
an
ag
ing
Dire
cto
r
-H
old
s a
degre
e in
Bachelo
r of S
cie
nce In
dustria
l Engin
eerin
g a
nd M
anagem
ent fro
m O
kla
hom
a S
tate
Univ
ers
ity, &
Maste
r of B
usin
ess A
dm
inis
tratio
n d
egre
e fro
m O
kla
hom
a S
tate
Univ
ers
ity.
-Join
ed D
aib
ochi in
1995, a
nd w
as a
ppoin
ted a
s M
anagin
g D
irecto
r in F
ebru
ary
2005.
-P
layed a
key ro
le in
build
ing G
roup’s
MN
C c
liente
le.
Da
tuk
Wo
ng
So
on
Lim
, Ex
ec
utiv
e D
irec
tor
-A
n a
ccounta
nt b
y tra
inin
g a
nd a
mem
ber o
f the M
ala
ysia
n A
ssocia
tion o
f the In
stitu
te o
f Charte
red S
ecre
tarie
s a
nd
Key ManagementKey Management
-A
n a
ccounta
nt b
y tra
inin
g a
nd a
mem
ber o
f the M
ala
ysia
n A
ssocia
tion o
f the In
stitu
te o
f Charte
red S
ecre
tarie
s a
nd
Adm
inis
trato
rs.
-H
as a
n e
xte
nsiv
e e
xperie
nce a
nd k
now
ledge in
the fie
ld o
f accountin
g, fin
ance, c
onsulta
ncy, c
orp
ora
te fin
ance,
manufa
ctu
ring a
nd p
roperty
develo
pm
ent. In
stru
menta
l in lis
ting o
f the C
om
pany.
Lo
w C
ha
n T
ian
, Ex
ec
utiv
e D
irec
tor
-H
old
s a
degre
e in
Bachelo
r of E
ngin
eerin
g fro
m th
e U
niv
ers
ity o
f Weste
rn A
ustra
lia.
-H
as w
ide e
xperie
nce in
manufa
ctu
ring, p
roperty
develo
pm
ent, b
usin
ess a
nd fin
ance.
Lo
w J
in W
ei, E
xe
cu
tive
Dire
cto
r
-H
old
s a
degre
e in
Bachelo
r of C
om
merc
e (M
ajo
r in F
inance &
Mark
etin
g) fro
m U
niv
ers
ity o
f Sydney, N
SW
, Austra
lia.
-P
rior to
this
, Mr. L
ow
was th
e M
anagin
g D
irecto
r / Pro
ject D
irecto
r of G
lassK
ote
(Mala
ysia
) Sdn B
hd fro
m 2
005 to
Septe
mber 2
010.
22
Major ShareholdersMajor Shareholders
Gro
win
g in
stitutio
nal fo
llow
ing w
ith 2
0% sta
ke a
ltogeth
er…
Fre
e flo
at re
tain
ed a
t >50%
No. o
f share
s (‘mil)
(19.8.2013)
Perce
nta
ge *
Low Chan Tian, E
D10.10
8.9%
Lim
KoyPeng
8.62
7.6%
Major ShareholdersMajor Shareholders
Apollo
Asia
Fund Ltd
8.28
7.3%
DatukWong Soon Lim
, ED
6.92
6.1%
* Exclu
din
g 1
71
,90
0 s
ha
res b
ou
gh
t ba
ck b
y th
e C
om
pa
ny a
nd
reta
ine
d a
s tre
asu
ry s
ha
res
••Fle
xib
le p
ack
agin
g mark
et, w
orth
Fle
xib
le p
ack
agin
g mark
et, w
orth
$58.3
$58.3
bil
bil
in 2
011, e
stimate
d to
in
2011, e
stimate
d to
re
ach
$71.3
re
ach
$71.3
bil
bil
in 2
016
in 2
016
(Source
: “The Future of G
lobal F
lexible Packaging to
2016” by Pira
Internatio
nal )
»Favoured fo
r its versa
tility, c
omparativ
e
low cost a
nd potentia
l for in
novatio
n.
»Growth in
Asia
’s flexible packaging se
ctor
23
Industry InsightIndustry Insight
Gro
wth
in fle
xib
le p
ack
agin
g to
be le
d b
y th
e A
sian re
gio
n…
penetra
tion in
to n
ew
pro
duct ca
tegorie
s to b
ring n
ext w
ave
Glo
bal co
nsu
mer fle
xib
le p
acka
ging
consu
mptio
n b
y re
gion, 2
011
(% sh
are by volume)
»Growth in
Asia
’s flexible packaging se
ctor
led by In
dia and China in
tandem w
ith
economic development a
nd urbanizatio
n
••In
dustry
trends in
dica
te o
ngo
ing
Industry
trends in
dica
te o
ngo
ing
evolu
tion
evolu
tion
(Source
: Packaging W
orld
, April 2
013)
»More “easy-open” packaging demanded by
custo
mers b
eginning to
be m
atched by
advanced m
achinery
»Increased penetra
tion in
to new fo
od
categorie
s (e.g. b
aby fo
od, so
ups, h
ealth
and beauty products, fe
rtilizers)
Industry InsightIndustry Insight