Toppan and Max Speciality Films at PackEx India 2022

To showcase Toppan Group’s barrier film and packaging business

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Toppan and Max Speciality Films at PackEx India 2022
Toppan is aa global leader in communication, security, packaging, décor materials, and electronics solutions.

Toppan, a global leader in communication, security, packaging, décor materials, and electronics solutions, and Max Speciality Films Private Limited (MSFL), a Toppan Group company and one of India’s leading film manufacturers, will participate together for the first time in PackEx India 2022, which will be held at the Bombay Exhibition Centre in Mumbai from 14 to 16 September. 

Toppan and MSFL will present the Toppan Group’s barrier packaging business, including GL BARRIER, a market-leading transparent barrier film, to end users such as Indian packaging manufacturers and food producers.

PackEx India is an international packaging materials and technology exhibition held every other year in Mumbai and New Delhi. It showcases packaging materials and equipment for food, cosmetics, toiletries, pharmaceutical products, and industrial goods. In 2019, approximately 470 companies participated, and the number of visitors exceeded 10,000.

Leveraging GL Barrier, which enjoys the leading share of the global market for transparent vapor-deposited barrier films, Toppan has a broad-ranging packaging business with production locations in Japan, other parts of Asia, and North America. 

In May 2021 Toppan published its Medium Term Plan for the period April 2021 to March 2023, the key concept of which is digital & sustainable transformation. One of the priorities defined in the plan is accelerating the expansion of the global packaging business by catering to the demand for sustainable solutions and establishing networks facilitating local production for local consumption.

MSFL was founded in 1990 and had its headquarters and manufacturing base in Punjab, India. The company manufactures and sells BOPP films, predominantly for food packaging. After acquiring a 49% stake in MSFL in 2017, Toppan participated in the business as a minority shareholder. 

Toppan increased its stake to 90% in February this year, bringing MSFL on board as a consolidated subsidiary. Toppan is strengthening its business in the growing Indian market for BOPP films, which are anticipated to see demand as a more readily recyclable mono-material for packaging.

Increased environmental consciousness in recent years is driving worldwide demand for sustainable packaging materials. Fusing Toppan’s barrier film and packaging businesses with MSFL’s marketing capabilities and extensive knowledge of the film sector and Indian landscape, the two companies will showcase GL Barrier and packaging technologies as they look to expand the Toppan Group’s presence in one of the leading markets in the Asia/Oceania region.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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