Over 40 Italian companies to exhibit in national pavilion at CHINAPLAS 2024

At CHINAPLAS 2024, over 40 Italian companies will comprise the national pavilion organized by Amaplast, an association representing approximately 170 major Italian companies in the plastics and rubber machinery, auxiliary equipment and molds industry.

Italian pavilion from previous CHINAPLAS fair.

In 2023, exports of Italian-made plastics and rubber processing machinery to China approached the threshold of 170 million euros – a historical record – with a 12% increase over 2022.

Moreover, the sales of high-added-value complex technologies has strengthened, including extrusion lines and plants for mono- / multi-filament.

The plastics processing segment now accounts for over 10% of light Chinese industry in terms of value of production, total assets, employees, exports, and other indicators. Thus, the further development of the sector will be strictly correlated with the performance of the entire light industry.

In 2024, in order to achieve sustained growth, progression in domestic demand, and overhauling of the production apparatus, while ensuring stable development of the sector and accelerating structural modernization, the Chinese government will introduce a series of integrated policies to support investment, promote growth of the sector, and stabilize the development of foreign trade.

According to Amaplast’s prediction, the expansion of Chinese plastics processing industry is expected to accelerate significantly in the second quarter of 2024. The growth rate in the third and fourth quarters may be lower but nevertheless constant.

The Italian pavilion at CHINAPLAS 2024 covers over 1,500 square meters and hosts a number of Amaplast members. Additionally, at least twenty other Italian companies will also participate via the stands of their agents or local branches.