The packaging industry is paramount and plays a vital role in the international food manufacturing. The study on Indian packaging tracks demands for the major material types such as plastic: flexible wraps, pouches, films, stand-up pouches, tubes, etc. and rigid bottles, jars, containers, drums, IBC, etc., metals like cans, container, drums, pails, etc., glass container, bottles, vials, ampoules, etc, and paper type like folding carton, corrugated boxes, paper bags, liquid board on the high level while it tracks the market size in terms of revenue for the respective end-user industry. India’s packaging industry is moderately fragmented due to the several players competing to improve their market share. With the rising demand for packaging applications and technological advancement across the Indian economy, many companies are increasing their market presence by expanding their business footprint across various end-user markets.
Packaging is India’s one of the fastest growing sectors. Over the last few years, the industry has been a key driver of technology and innovation, contributing to various manufacturing sectors, including agriculture and the fast-moving consumer goods (FMCG) sectors.
The India Food pack Expo 2023 will bring about new technology and easy sourcing opportunity for Indian food manufacturers to make cost effective and quality packaging solutions for their existing and NPD.