If you are looking to purchase products manufactured by a plastic factory in Lahore, then you should know some of the key facts about the company. Some of the information you should be aware of include the company's location and the products that they produce. Also, you should be aware of some of the major international plastics exhibitions that are held in Pakistan.
Location of a Plastic Factory in Lahore
The plastic factory in Pakistan is one of the oldest industries in the country. It is also one of the fastest growing sectors. Today, the industry contributes around eight billion dollars to the national exchequer annually. Several business entities are working in the industry in Lahore. Some of them include Jilani Poly Industries (Pvt.) Ltd., Makkah Plastic & Company, and Hira Plastic Works (Pvt.).
Plasti & Pack Pakistan is the most prominent platform for the plastics and packaging industry in the country. This event attracts plastic and packaging professionals and decision makers from all industrial and social sectors. In fact, this exhibition has grown in visitor numbers and exhibitor participation year after year.
Another prominent show of the plastics industry is the Plastic Packaging Expo. This exhibition features the latest trends in the plastic packaging industry and showcases ground breaking applications. Moreover, it seeks to reach new markets and attract new customers.
Products Manufactured At a Plastic Factory in Lahore
The plastic industry in Pakistan has taken many steps in its quest to attain success. Its products are used in a wide variety of industries, including technology and construction. Its recyclability and durability make it a viable option for many consumers. However, the country is still facing challenges with regard to managing the waste produced by this industry. In order to prevent such environmental issues, the industry must find creative solutions.
For starters, the industry has taken steps to ensure the quality of local products meets international standards. This includes the implementation of Extended Producer Responsibility (EPR) schemes. These require producers to take a substantial role in the production and re-use of post-consumer products.
There is also a need for innovative ways to manage plastic waste. According to an estimate, more than 3.2 million tonnes of waste are generated in Pakistan. A significant percentage of this waste is mismanaged. Only about 2.6 million tonnes are disposed of properly. That leaves nearly seven million tonnes in landfills and unmanaged dumps.
International Plastics Exhibitions in Pakistan
The plastics industry in Pakistan is one of the most dynamic and growing industries in the country. It has taken several strides in recent years and has surpassed all other industrial sectors. In addition to this, it has also been able to establish successful export markets for plastic goods.
With its location in one of the most prosperous trading regions, Pakistan is well-placed to target international buyers. This is evident from the large number of foreign direct investment that has recently increased substantially. Major investments are underway in the power generation, information technology, engineering & automobile manufacturing, and telecommunication industries.
The demand for flexible packaging in the Pakistan market is increasing. Similarly, the demand for corrugated boxes and cartons is on the rise. Another important factor is the increasing demand for packaged foods in the country. Hence, the plastics industry in Pakistan has a lot of room for growth.
The plastics industry in Pakistan has been growing at an average rate of 15% per year. It is estimated that the total production capacity of the sector is 624,200 M/T.
Plastics Industry in Pakistan Has Taken Great Strides in Quest for Its Success
There has been an increasing interest in the plastics industry in Pakistan. This sector has taken several steps in the past decade, to bring the quality of local products to international standards. It has also shown great potential for growth, despite low per capita consumption.
Plastics are a versatile material that can be used for a variety of applications. They are lightweight, durable, and inexpensive. However, they are also a major cause of environmental problems. The price of oil has increased dramatically in the last few years, which makes collection of recyclable waste more costly.
The emergence of a wholesale plastic industry in Pakistan is not without challenges. One of the biggest issues is the lack of effective waste management. Nearly 70 percent of all the plastics waste in the country is mismanaged, and most of it goes to landfills or water bodies. In response to this problem, the Pakistani government has imposed fines on the sale of single-use plastic bags. This is the latest in a series of moves to curb plastic pollution.