Sustainable Packaging for Tomorrow's Needs

The market for corrugated box manufacturing in India is expanding rapidly due to the growth of e-commerce and retail segments along with increasing focus on environment-friendly packaging. Corrugated boxes have emerged as the most popular packaging medium due to their strength, recyclability, and relatively low cost that makes them suitable in food & beverages, electronics, pharma & textile industries. The rise in demand for e-commerce, which has been propelled by the COVID-19 outbreak, is still driving the corrugated packaging market. These boxes are important to e-commerce firms especially when transporting their products as they help in protecting them which increases the demand for them. Also, the increase in establishment of organized retail stores and requirement of appropriate packaging for fast moving consumer goods or FMCG have fueled the growth of the market.

Sustainability is also one of the growth drivers among the factors that contribute to the growth of a business. With increased environmental consciousness among the consumers and companies, corrugated packaging is preferred due to its recyclability. This has led both the manufacturers and brands to adopt sustainable practices and therefore making the corrugated boxes an added advantage in their supply chain. Manufacturing process has also experienced technological innovation which has led to cutting down cost and improving efficiency in the production of the products to serve the increasing demand. Similarly, the government’s measures under the ‘Make in India’ campaign and the rise in FDI in packaging are also providing a right ambiance for the expansion of the industry.

In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.

We welcome your feedbacks and suggestion that you may have concerning this special issue.