Flexible Packaging Industry Shows Robust Growth In India

By Author: Uflexltd packaging
Total Articles: 3
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One of the recent innovations in the packaging industry, Flexible Packaging has readily gained acceptance and is now widely used worldwide for its benefits over rigid packaging. Offering an array of benefits such as convenience, brand protection from counterfeiting and not to forget cost effectiveness, the flexible packaging industry is seeing a tremendous growth.

As per the current estimates, the flexible packaging industry is growth at a health rate of nearly 7 – 7.5% annually. Not only in the developed regions of North America, Western Europe and Japan, but in developing nations, too, the industry has seen a robust growth with India emerging as a leader with growth of around 15-18% p.a.

With constant innovation and adoption of new technology, flexible packaging companies has become an increasingly competitive segment of the entire packaging industry. Many players today are not able to sustain, facing stiff competition from Asian countries, particularly, India and China.

The major factors driving ...
... the demand for the flexible packaging include the rise in per head include that has led several FMCG companies and retail chains to come up with novel packaging concepts to woo customers.

Another flexible packaging concept that has gained prominence today is sustainable packaging which has become an absolute necessity. Some of the newer concepts that have been introduced in sustainable packaging segment by the Indian packaging giant, Uflex Ltd. include Eco-friendly flexi tube for cosmetic & paste, Slider Zipper with diaphragm and Non-plastic laminates for mouth freshener industry. These concepts have been well-appreciated and accepted in India and abroad.

With flexible packaging industry growing at a tremendous pace, innovation and sustainability have become the core of the industry. In a highly competitive market, the focus today is both on customer-centric and technologically advanced flexible packaging solutions.
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