In the coming years, the Indian packaging industry will see substantial growth. The increasing awareness regarding clean water, safe food along with adoption of next gen digital technologies will aggressively penetrate and drive the Indian packaging industry. The paper and packaging sector in India is growing rapidly and has significant potential for future expansion. The industry was valued at $50.5 billion in 2019 and is anticipated to reach $204.81 billion by 2025, registering a CAGR of 26.7% from 2020 to 2025.
Nowadays, sustainability and smart solutions has become a key focus area of many of the packaging solutions manufacturers. With a focus on recycling and biodegradability will bring about a major transformation in this sector. This will create a unique opportunity for India to drive this industry towards sustainability, bio-based/paper-based packaging and in effect reduce the import bill and divert the valuable domestic ethylene production towards import substitution of other crucial chemicals/polymers like methyl ethyl ketone, PVC and ethylene oxide.
Below are top four companies providing packaging solutions:
AG Poly Packs
Established in 1997, AG Poly Packs is one of India’s fastest-growing and leading B2B packaging solutions providers. The company provides end-to-end packaging solutions to an array of utility sectors including, but not limited to Personal Care; Pharmaceuticals; Home Care and Food & Beverages. Professionals at the AG Group are committed to designing and supplying the best packaging solutions to many renowned market leaders- Mama Earth, Wow Skin Science, Mcaffeine, Denver, MyGlamm, Emami, Joy, Dot & Key, Man Matters, Unilever, Dabur, Cipla, Dr. Willmar Schwabe, Palmolive, Vestige, Modicare, Patanjali, Khadi, and many others. They emphasise quality assurance through well-defined systems before each product is delivered to ensure their clients get the best material. The company has equipped all necessary facilities within its factory premises including Automatic Labeling, Hot Foil stamping, Heat Transfer Labels, Screen and Pad Printing and Shrink Wrapping. AG Poly Packs stays on the right side of any environmental damage with a continuous lookout for more sustainable and innovative measures to maintain ecologically and economically sustainable packaging.
Neopack
Neopack has been working diligently towards its core values of innovation, affordability and bringing functional cosmetic packaging solutions to not only the Indian beauty business but also to the South Asian beauty market. They believe that in order to be truly innovative, they must keep the environment in mind and make a conscious choice to favor suppliers who employ energy-efficient, sustainable and green solutions in their industrial processes.
They set high standards for their products and aim to follow through every time with perseverance. Their products go through a rigid quality control system so that they can maintain their standard of quality at every stage.
Chemco
Chemco is a leading rigid and flexible plastic packaging company with 10 manufacturing plants in India and the Middle East. The group processes over 1,25,000 tons of plastic polymers annually..The Company offers pet preforms, bottles, jars, shrink film, net guard, caps, and closures. Its world-class manufacturing facilities, combined with stringent quality standards, ensure that the products produced meet the highest quality standards and industry requirements. By implementing source reduction, lightweighting, and recycling, they aim to mitigate the environmental impact of plastic and make a positive impact on the world
Uflex Packaging
UFlex is India’s leading packaging and has grown from strength-to-strength and has built a strong presence across all verticals of the packaging value chain – packaging films, chemicals, aseptic liquid packaging, holography, flexible packaging, printing cylinders and engineering. It provides end-to-end solutions to numerous Fortune 500 clients across various sectors such as FMCG, consumer product goods, pharmaceuticals, building materials, automobiles, and more, in more than 150 countries. They have constantly invested in newer technologies which consume less energy per Ton of Flexible Packaging. All in-house wastages are recycled and ploughed back into the life cycle to reduce pressure on landfills thereby arresting pollution.
