Packaging Industry in India- Factors Affecting its Growth

Packaging Industry is one of the major industries5. Changing eating habits among Indians and
in India that has significant role in creating wealthincreasing restaurants and fast food chains all
for the nation, by preserving and protecting theover the country fuelling the growth of packaging
value created by other manufacturing units. Theall over the country.
industry helps in preserving innumerable productsHere are the list of Top 10 Indian manufacturers
including drugs and medicines,  edible oils, fruitsand exporter of packaging in India:
and vegetables, milk and biscuits, semi-processedý ITC Limited
foods, electronic goods and a lot more.      ý Parksons Packaging System
Packaging Industry is not merely remained toý Hindalco
'packing' but with the branding in vogue and risingý Gujarat Glass Ltd
consumer preferences, it's role has becomeý Tata Tinplate Company of India
catalytic in the Indian economy. The objective ofý Moldtek Technologies Limited
packaging is to meet the criteria ofý E C Packaging Pvt. Ltd
attractiveness, convinience and safety. Heightenedý Advance Packaging
competition in the Indian manufacturing sector isý AMAC Plastic Packaging
paving the way for the industry to moveý The Paper Products Limited
towards International market. Other reasons forPurposes fulfilled by packaging industry in India:
playing it big in export is due to availibility of low1. Containment: Products contained in container
cost packaging material and higher technologycan be easily moved from one palce to another.
means.This helps in protecting environment by avoiding
The present modern economy follows thelead to spillages that results in severe losses and
slogan,  "Better Quality of Life Through Betterdamages.
Packaging", by World Packaging Organisationý s2. Protection and Preservation: Packaging is done
(WPO). The growth of packaging industry has ledto ensure that consumers get the products in
to the sophistication from health's point of view.good condition. Packaging protects the product
This has  led to the manufacturing offrom contaminants, hazardous substance, climatic
environmental friendly packaging materials thateffects and from infestation.
demands an attention to be paid on the3. Added Product Protection: The technology in
seggregation and reutilization of syntheticpackaging contributes in food science
packaging material.     advancement, reduces food spoilage percentage
Factors Affecting Growth of Packaging Industry inand ensure food safety.
India:4. Communication: Packaging is a mode of
1. Industrialization, urbanization and Indianconveying messages in modern world. The
economy's liberalization paired with globalisation areinformation descripted on products' cover make
the major factors fuelling its growth.the consumers informed to decide for the
2. Cost advantages are making India one of theproductýs purchase and its use.
most preferred export hubs.5. Convenience: Packaging offers convinience as
3. Rural marketing and low purchasing power ofwell. Convinient packaging like frozen food packs,
middle or lower class Indians leads to purchase ofwine cardboard casks, microwavable containers,
sachets or small packs. Products such as fairnessfood cans and aseptic cartons, and easy-open
cream, shampoo, toothpaste, food items,beverage are some good examples. Medical
tobacco, betel nut-based mouth freshners, etc.packaging is done in a way to reduce the
are much in demand and this packaging format isaccidental overdose risk and have child resistant
not in trend elsewhere.  closures.
4. Increasing personal health consciousness among6. Marketing Trends: Packaging gives increased
Indians and increasing awareness towardsemphasis on sales appeal, retail packing's quality
diseases like AIDS and other STDs, have raisedand look. Packaging supports brand awareness,
the demand for contraceptives' and disposablesbrand identities, convinience and properly reflect
syringes' usage that has led to an increase inthe current consumer trends, preferences and
packaging required for the same.images.