There is a notable rise in the industrial packaging market in India, in the last few years. As production catches up pace, packaging is also becoming more sophisticated, the era of product safety and quality is emerging, and the demand for consumer packaged goods is steadily increasing. The manufacturing sector in India being the juggernaut of growth is one important driver of the growth in India.
The programs like "Make in India" and the governmental policies that support domestic production are going ahead which gives a substantial boost to the industries like automotive, pharmaceuticals, chemicals and FMCG. As a result, manufacturers need packaging solutions that not only protect but also facilitate the movement of the produced products in the market.
Similarly, product safety and quality are among the factors being considered in the manufacturing sector. The industrial packaging is a key element in delivering high quality products to the consumers as it ensures that products arrive fresh and intact, which in turn is advantageous to the brand image and customer satisfaction. When companies render their products according to the high standards with strict regulations, their need of specialized packaging tools is growing. Also, an ever-expanding consumption of packed goods in India is turning the industrial packaging a demand.
The process of urbanization picks up speed, lifestyles change, and the middle class emerges - all of these factors contribute to the growth of the demand for packaged food, drinks, personal care products, and household items. This is the reason that packaging material like corrugated cartons, plastic bins, metal drums and flexibles are demanded at a higher spot.
In this issue, we acquaint you with the top companies from this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer’s expectations in an end-to-end manner, these companies have stood out from the crowd.
We look forward to receiving your feedback and suggestions.