Plastic Packaging Market in India 2014 report captures
the largest segment of the overall domestic plastic packaging market. Plastic
is the most common form of packaging being used in recent times because of its
unique benefits that are as yet unmatched by other forms of packaging. The
emerging retail sector and increased consumerism have provided a boost to the
packaging sector, which further stimulates the demand for plastic packaging
materials. Accelerated growth in the food and beverage sector, along with rise
in demand witnessed within the FMCG sector, pharmaceutical industry, paint and
lubricant industry together comprise some of the key factors propelling the
plastic packaging sector. However, the industry also has to contend with
several bottlenecks. Ban on plastic packaging of certain commodities is increasingly
having an adverse impact on the industry. The Indian government is considering
a ban on the usage of plastic owing to the potential health hazards arising
from use of plastic bottles.
The domestic plastic packaging market is clearly
segmented into the organized and unorganized sectors wherein the organized
sector caters to the larger industry base that requires plastic packaging.
Although the sector comprises both rigid as well as flexible plastics, the
preference for flexible packaging over its rigid counterpart has been evident
with the passage of time. In-mold label is also gaining popularity within the
plastic packaging sector. Technologies using Bioplastics and nanoparticle
layered plastic packaging are slowly gaining prominence. Plastics have increasingly
replaced traditional materials in the Indian packaging sector due to their
light weight and superior functionality. The Indian plastic packaging market is
a robust market at present and has strong growth potential in the upcoming
years.
Spanning
over 99 pages “Plastic Packaging Market in India 2014” report Provide Executive
Summary, Macroeconomic Indicators, Introduction, Market Overview, Drivers &
Challenges, Trends, Competitive Landscape, Strategic Insights, Appendix. This
Report Covered 12 Companies - Public
Companies (BASF India Ltd., Essel Propack Ltd., Jindal Poly Films Ltd.,
Manjushree Technopack Ltd., MoldTek Packaging Ltd., Nilkamal Ltd., Uflex Ltd.,
Ester Industries Ltd.), Private Companies (Clear Mipak Packaging Solutions
Ltd., Graham Blow Pack Pvt. Ltd., Parksons Packaging Ltd., APT Packaging Ltd.).
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