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Global Packaging Industry's Green Transformation
As global environmental awareness rises and plastic reduction policies advance worldwide, the packaging industry is undergoing a significant transformation. Traditional plastic packaging is gradually being replaced by eco-friendly alternatives, with water-based barrier coating combined with paper packaging emerging as one of the most promising sustainable solutions. According to Allied Market Research, the water-based coating market was valued at $68.7 billion in 2022 and is estimated to reach $110.9 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.
Drupa is the largest printing equipment tradeshow that is hosted every four years by Messe Dusseldorf in Dusseldorf, Germany. At Drupa 2024 innovative equipment and top-class knowledge will be presented. This is where printers and converters will discover the future of print technologies and graphic communication. Different printing technologies including flexographic press, digital press, rotogravure press, and many coating and lamination machines demonstrated for different industry applications.
At Drupa 2024, one of the key highlights will include circular economy and sustainability. Where the more recyclable mono-material packaging and water-based inks will be shown. At the same time, more efficient hybrid equipment such as flexographic press + coating and lamination machines will prove its value in reducing waste and reducing change over time. This is where equipment manufacturers will present their energy-efficient solutions. KYMC is an experienced hybrid equipment manufacturer, delivering hybrid flexographic presses to industries such as the fast-food industries and other food packaging industries. KYMC presses are also suitable for water-based ink printing as different efficient drying systems can be installed on the presses including NIR drying, Infrared, UV-LED, and hot air.