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Indian Packaging Industry
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The market volume of the Indian packaging industry amounts
to about Rs. 77,570 crore and has constantly grown by
approximately 15 percent year on year.
- The
pace of growth will accelerate to between 20-25 percent
over the next five years.
- The
highest demand for packaging and the associated equipment
come from the food processing industry at 50 percent and
from the pharmaceutical industry at 25 percent.
- The
large growing middle class, liberalization and organized
retail sector are the catalysts to growth in packaging.
Also food and Pharma packaging are the key driving segments.
- The
Indian food market is estimated to total about Rs. 8,82,350
crore according to the ‘India Food Report 2008’
published by Research and Markets.
- Food
retail turnover is expected to grow from the current Rs
3,39,365 crore mark to 7,27,212 crore by 2025.
- The
pharmaceutical industry is expected to average an annual
growth of 16 percent till 2012.
- There
are about 600-700 packaging machinery manufacturers, 95
percent of which are in the small and medium sector located
all over India.
- Indian
packaging machinery imports are around Rs 606 crore (20-25
percent)while the Indian packaging machinery exports are
rapidly growing.
- Germany
and Italy are the largest suppliers of packaging machinery
to India but focus is now shifting on Taiwan and China.
- Indian
companies are now placing increasing emphasis on attractive
and hygienic packaging. This promises enormous potential
for the future.
Packaging
& Allied Industries – The South India Scenario
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Southern
states including Andhra Pradesh, Karnataka, Kerala, Bangalore
and Tamil Nadu -- now lead the country in a number of
indices, including Packaging.
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South
India has emerged as the largest consumer of ‘poly
ethylene terephthalate’ (PET) material for packaging
mineral water.
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South
India is emerging as a strong pharma hub with strong infrastructure
of research facilities and scientists.
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Dairy
product packaging constitutes a large portion of the South
India Packaging industry.
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Abundant
tea production in South India brings opportunities in
paper bag packaging industry.
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Retail
Sales of packaged food is growing at a rate of 12 percent
in South India.
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As
Coffee and Spice output in the Southern hemisphere see
a steady incline of close to 10 percent individually and
export markets pick up again, newer opportunities arise
for various packaging segments.
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While
major components such as cartons, cans and laminates,
which are Bureau of Indian Standards (BIS) certified,
are of global standards, the glass bottles and outer cartons
are areas that need to be upgraded.
Andhra
Pradesh Packaging Prospects
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Andhra
Pradesh is the fifth largest economy in the country with
contribution 7.01% in the national economy.
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The
prosperity of agriculture harnesses the growth of industries
like agro-processing, cold storage, warehousing, fertilisers
and packaging.
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Andhra
Pradesh is the major producer of rice in India.
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Andhra
Pradesh ranks 2nd in producing Value Added food products
and beverages with country’s 10 percent share.
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Andhra
Pradesh alone contributes 9.5 percent to total Indian
pharma market bringing several opportunities to the pharma
packaging sector.
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The
pharma market in the State is estimated to be Rs 2,900
crore growing at the rate of 14 percent.
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Andhra
Pradesh leads in Chilli and Turmeric production in the
country with 49 percent and 57 percent of the Indian market.
The State has a wide market of packaging and export of
these products.
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Andhra
Pradesh is the biggest mango market. Fruit Packaging is
an integral part of the State.
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