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India's 10 Most Valuable Packaging Companies To Watch In 2020
The packaging industry has made our lives easy by wrapping things up in convenient, mobile and even customized packages. However, along with us they too are guilty of choking the planet with plastic. The world plastic production, in the last 50 years had increased a whopping 200 times from around two metric tons/year to about 400 MT/year. And the numbers are not declining any soon.
Statistics suggest that the FMCG industry has been the biggest generator of packaging plastic waste. Biscuits, dried processed food items, hair care products, dairy products, baked goods, laundry, and skincare items sold across the country are packaged in plastic.
However, with growing awareness, the consumer mindset is now shifting towards eco-friendly and sustainable packaging. With the ban imposed on one-time-use plastic, the packaging industry too was forced to sit-up, take notice and implement solutions that could curb the growing menace.
Production of sustainable packaging material or green packaging has now found favourable conditions. Reusable containers, recycled packaging material, bamboo fibre, cloth and other such ...
... sustainable packaging materials are being championed by the customers themselves. Many FMCG giants have also pledged to gradually phase out the use of single-use packaging material and move towards sustainable packaging. Superstores are testing plastic-free aisles and even encouraging customers to bring their own containers for buying items like grains.
In this edition of Insights Success, we bring India's 10 Most Valuable Packaging Companies to Watch in 2020. These new-age packaging companies are customer and nature conscious.
On the Cover, we have Vaxom Packaging, a company set up with a view to providing comprehensive pre-sale consultancy, asset deployment and service support to customers in the Indian Sub-continent and South Asia.
The edition also features OMAG Srl. a young and dynamic, but at the same time highly experienced, Italian company exhibiting its expertise in designing and manufacturing packaging machines; SMI Coated Products Private Limited, a company that has emerged as the largest Indian Label Stock Solution Provider; and TSW Packaging Solutions, an authorized distributor of Signode India Limited, a leading global manufacturer of strap and protective layer packaging consumables.
We also present insightful interviews with the management team of IMA-PG India Pvt. Ltd., a leading Indian company in the pharma machinery and packaging industry, and Kreatica Design, an elegant and exquisite packaging manufacturing company located in Bengaluru.
Do go through the specially curated articles by industry experts and our in-house editors.
Stay Conscious! Use Sustainable!
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