Southeast Asia label development trend.icar pet microchip Sale

　　Southeast Asia label development trend

　　I.Lab laboratory provides UHF RFID tags for clothing

　　The annual per capita label consumption in Southeast Asia is 1.2 square meters, which is one of the fastest growing markets in the world.

　　Avery Dennison South Asia Pacific and Sub-Saharan Africa label and printing materials company vice president and general manager Anil Sharma told the "Label and Labeling" reporter that although home and personal care, food and beverages are the main markets in Southeast Asia, The pharmaceutical industry is also growing.

　　"Driven by retail, logistics and e-commerce, China is still the world's largest cargo tracking and tracing market. However, with the rise of e-commerce, variable information printing in Southeast Asia is growing."

　　Shrink sleeve labels are losing market share in some areas, but continue to grow in the food and beverage sector. He said, “Shrink sleeve labels need to provide more effective solutions, because PVC materials are harmful to the environment, while PET-G materials are not cost-effective.”

　　With the continuous influx of multinational companies into Southeast Asia, they have brought sustainable development practices and goals, which will help Southeast Asia to increase environmental awareness and gradually accept environmental policies. However, Southeast Asia is a diversified region with different needs and developments in different countries. For example, the market demand in Indonesia and the Philippines is mainly driven by domestic consumption generated by a large population; while other countries, such as Singapore, Thailand, Malaysia and Vietnam, Mainly rely on export business.

　　Avery Dennison has a distribution center in Indonesia, Vietnam, Malaysia, Singapore and Thailand. The company is actively expanding its production capacity and has made a major asset investment in Thailand, which is expected to be completed early next year.

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