2023 CHINAPLAS exhibition, understand the key points of the exhibition from the RCEP market!

The RCEP (Regional Comprehensive Economic Partnership) has expanded our vision to the interaction of trade in the entire Asian market. For Taiwan, a non-member country, facing such a prospect, this year's CHINAPLAS will serve as an entry point, allowing us to glimpse the market trend of the plastic and rubber industry after signing RCEP. It will be a valuable opportunity for Taiwanese manufacturers to interact with industry peers, showcase their products and services, and explore potential business partnerships.

 

After the K 2022 exhibition, the CHINAPLAS Conference immediately announced the grand return of CHINAPLAS 2023, which will be held at the Shenzhen International Convention and Exhibition Center from April 17-20, 2023. The CHINAPLAS exhibition is a major event in the global plastics and rubber industry, attracting a wide range of participants from around the world. Many Taiwanese manufacturers are still observing and planning for the resumption of the International Plastics and Rubber Exhibition in 2023. Therefore, Taiwanese manufacturers are still on the sidelines and choosing not to participate in the CHINAPLAS exhibition in April this year. However, the trend of the second major exhibition CHINAPLAS will give them a glimpse of the market trend and help them better prepare for the next event.

 

In summary, the global market is expected to be volatile but there are many opportunities for growth and development. Taiwanese manufacturers can use the CHINAPLAS exhibition as a platform to connect with the global market, gain insights into the latest trends and innovations, and explore potential business partnerships. The return of CHINAPLAS in 2023 will be an important event for the industry, and Taiwanese manufacturers should start planning and preparing for this event to take advantage of the opportunities it presents.

 

CHINAPLAS 2023 Theme: "A Brighter and Shared Future, Powered by Innovation"

The theme for CHINAPLAS 2023 is "A Brighter and Shared Future, Powered by Innovation". With an exhibition area of 380,000 square meters, the event will feature over 3,900 high-quality exhibitors from both home and abroad, showcasing innovative plastic and rubber solutions and industry information. This event will provide global buyers with inspiration and business opportunities for the future.

 

 

 

RCEP: Is Taiwan's plastics and rubber industry a shock or a new opportunity?

 

The main buyers that gather at CHINAPLAS are member countries of RCEP. With the rise of new markets, we must pay attention to the impact of RCEP on the industry. CHINAPLAS is a good opportunity to catch a glimpse of the international plastics and rubber market trends.

RCEP (Regional Comprehensive Economic Partnership Agreement) is a free trade agreement signed by ten member states of ASEAN and some FTA partners. It accounts for one-third of the global population, economic volume, and total trade volume. It is currently the largest free trade agreement. After coming into effect on January 1, 2022, more than 90% of the trade in goods in the region will gradually achieve zero tariffs. The launch of the world's largest free trade zone will rewrite the global economic and trade structure, promote the formation of a more open market in Asia, and accelerate the trend of the global economic center of gravity shifting eastward.

 

 

RCEP member countries are Taiwan's main export markets and investment areas. According to statistics from the International Trade Bureau of Taiwan's Ministry of Economic Affairs, Taiwan exported a total of US$216.8 billion to the 15 RCEP member countries in 2019, which accounted for 65.9% of Taiwan's total exports (US$329.2 billion) for that year. Additionally, Taiwan's cumulative investment in RCEP members accounts for as much as 80% of Taiwan's foreign investment, and Taiwan is the seventh largest source of foreign investment among ASEAN countries. Taiwan has established close industrial divisions of labor with ASEAN, with electronics, information and communication, biochemical medical care, and auto parts all being indispensable links in the supply chain in the Asia-Pacific region.

The Regional Comprehensive Economic Partnership (RCEP) has been a significant boost to the regional economy, facilitating trade and reducing barriers between the participating countries. However, for Taiwan, being excluded from the agreement poses a threat to product prices. Taiwanese companies must adapt to the rise of new markets and changing trade policies to reap the benefits of RCEP.

To get dividends from RCEP, Taiwanese companies can no longer "fight price wars". Instead, they must rely on their strength in delivering products and services of high quality, such as the renowned MIT brand. Taiwanese companies must focus on developing their competitive edge in the global market, rather than just competing on price.

This year's CHINAPLAS, a major exhibition in Asia, comes at a critical moment for Taiwanese companies. It is the first major exhibition after the RCEP came into effect, and it presents a perfect opportunity for Taiwanese companies to showcase their products and services. If they do not take the lead while the market is still emerging, it may become even more challenging to enter the market when it matures in the future.

To conclude, Taiwanese companies must stay vigilant and adapt to the changing trade policies and global market conditions to stay competitive. By focusing on delivering high-quality products and services, they can leverage the opportunities presented by RCEP and other trade agreements. The CHINAPLAS exhibition provides a platform for Taiwanese companies to showcase their strengths and take a lead in the emerging markets.

 

2023 CHINAPLAS - just the right time, place and people?

 

The CHINAPLAS exhibition is one of the largest and most important events in the plastic and rubber industry. It is a platform for manufacturers, suppliers, and buyers to showcase their products, services, and innovations. The exhibition is an excellent opportunity for businesses to promote their brand and connect with potential partners and customers.

In 2021, CHINAPLAS moved its annual exhibition from Guangzhou to Shenzhen to expand its reach further. The exhibition was held in the Guangdong-Hong Kong-Macao Greater Bay Area, which brought unprecedented crowds and orders. Despite being postponed last year due to the epidemic, this year's CHINAPLAS exhibition will be held in Shenzhen again. The PRM Media, a leading provider of information and resources in the plastic and rubber industry, will bring you the latest first-hand news about the exhibition.

As an industry leader, CHINAPLAS features the latest technologies, innovations, and trends in the plastic and rubber industry. This year, more than 900 well-known exhibitors, including pavilions from 9 countries and regions such as Austria, France, Germany, Japan, and the United Kingdom, have confirmed their participation in this year's exhibition. The event will showcase 18 themed areas covering injection molding solutions, extrusion machinery, 3D technology, recycling technology, smart manufacturing solutions, composite and specialty materials, thermoplastic elastomers, and rubber.

The exhibition is an ideal platform for industry professionals to exchange ideas, learn about new technologies and trends, and develop business relationships. Attendees can explore the latest products and services, attend technical seminars and product demonstrations, and network with industry peers.

At our company, we specialize in integrated marketing for the plastic and rubber industry. Our services include booth design, pre-show marketing, exhibition exposure, and post-show customer management. We understand the importance of exhibitions, such as CHINAPLAS, in the industry and the impact they have on businesses. With our expertise and experience, we can help manufacturers achieve their goals and maximize their success.

We wish all manufacturers great success in the CHINAPLAS exhibition, and we welcome you to contact us if you need any assistance. Our team is dedicated to providing excellent service and support to our clients. Let's work together to make this event a great success!