Mark Andy announced the renewal of its joint agreement with strategic partner Konica Minolta Business Solutions on 18 June 2019. Partners since 2016, Mark Andy and Konica Minolta have delivered a new family of digital label presses that enable customers to produce high quality, cost-effective digital solutions to the market. The OEMs’ partnership began with the Digital One hybrid press, which now has 100 installed units in production.

Konica Minolta is honored to partner with Mark Andy, the global leader of label printing technology. We look forward to expanding our relationship to equip Mark Andy with the technology to remain and grow as the industry leader in the flexographic and digital label market space ,” said Bill Troxil, senior vice president – Strategic Business Development, Konica Minolta.

Together with Konica Minolta, Mark Andy is proud to provide the world’s number one placed digital press in this fast-growing segment of the market. Mark Andy is excited to continue our partnership and develop new solutions that enable converter success and make digital technologies more accessible,” said PJ Desai, chairman and chief executive officer, Mark Andy.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

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