{"id":948,"date":"2020-04-24T11:30:03","date_gmt":"2020-04-24T11:30:03","guid":{"rendered":"https:\/\/aaradhyabox.in\/?p=948"},"modified":"2021-11-02T10:05:54","modified_gmt":"2021-11-02T10:05:54","slug":"future-of-packaging-industry-in-india-2020","status":"publish","type":"post","link":"https:\/\/aaradhyabox.in\/future-of-packaging-industry-in-india-2020\/","title":{"rendered":"Future of Packaging Industry In India 2020"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"948\" class=\"elementor elementor-948\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9489779 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9489779\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a406cf5\" data-id=\"a406cf5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-495194f elementor-widget elementor-widget-text-editor\" data-id=\"495194f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The packaging is the fifth largest sector in India and is one of the highest growing sectors in the country.<\/p><p>India is among the fastest-growing economies. The packaging industry in India is predicted to grow at 18% annually, with flexible packaging growing at 25% and rigid packaging at 15%.<\/p><p>Paper packaging is a versatile and cost-efficient method to protect, preserve, and transport products.<\/p><p>Attributes, like lightweight, and biodegradability are the advantages of paper packaging that make them an essential component in today\u2019s modern life.<\/p><p>The rising consumer consciousness, regarding biodegradable packaging, along with the strict regulations being imposed by environmental protection agencies, is driving the market for paper packaging.<\/p><p>A study by trade and commerce association consulting firm revealed that the packaging industry in India is anticipated to reach $73.6bn by the 2020 financial year (FY2020)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-712826b elementor-widget elementor-widget-heading\" data-id=\"712826b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">E-Commerce Packaging<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb010f elementor-widget elementor-widget-text-editor\" data-id=\"7fb010f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a title=\"Corrugated boxes\" href=\"https:\/\/aaradhyabox.in\/products\/plain-corrugated-box\/\">Corrugated boxes<\/a> are very common and widely used packaging materials for the e-commerce industry in the apparel segment, as the material is very strong and highly durable<\/p><p>The Indian e-commerce packaging market was valued at USD 451.4 million in 2019, and it is expected to reach USD 975.4 million by 2025, registering a CAGR of 13.8% from 2020 through 2025.<\/p><p>With several billion parcels delivered every year, the threat of packaging waste is increasing due to which, the need for recyclable packaging material is on the rise.<\/p><p>The country is focusing more on sustainable solutions, which is increasingly becoming a business imperative.<\/p><p>With the increase in the usage of the internet across the country, the penetration of online retailing is growing.<\/p><p>According to IBEF, internet users in India are expected to increase from 665.31 million, as of June 2019, to 829 million by 2021.<\/p><p>Many e-commerce companies are focusing on sustainable packaging solutions to reduce plastic waste and move toward paper-based packaging. The trend is also expected to hit the consumer electronics segment, which is sensitive to external impacts, with better designing, to make packaging more robust.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22fab2f elementor-widget elementor-widget-heading\" data-id=\"22fab2f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Pharmaceutical packaging<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-287193a elementor-widget elementor-widget-text-editor\" data-id=\"287193a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Pharmaceutical heavily depends on plastic packaging, which has triggered discussions on recycling and the lack of consumer knowledge in sustainability.<\/p><p>The global pharmaceutical packaging market has been predicted to double to $149bn in a decade, with India one of the markets currently producing a large quantity of plastic pharmaceutical packaging.<\/p><p>\u00a0<\/p><p><a title=\"Buy Corrugated Boxes.\" href=\"https:\/\/aaradhyabox.in\/products\/\">Buy Corrugated Boxes.<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The packaging is the fifth largest sector in India and is one of the highest growing sectors in the country. India is among the fastest-growing economies. The packaging industry in India is predicted to grow at 18% annually, with flexible packaging growing at 25% and rigid packaging at 15%. Paper packaging is a versatile and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":952,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[207],"tags":[868],"_links":{"self":[{"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/posts\/948"}],"collection":[{"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/comments?post=948"}],"version-history":[{"count":0,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/posts\/948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/media\/952"}],"wp:attachment":[{"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/media?parent=948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/categories?post=948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aaradhyabox.in\/wp-json\/wp\/v2\/tags?post=948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}