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Flexible Packaging

Aluminium FoilBatteryCorrugationFilm ExtrusionFlexible PackagingHygieneLabelsNonwovenPaperRubber & TyreSheet ExtrusionTechnical TextilesTissueWoven Sacks

Global Industry Size:

The global flexible packaging market size was valued at USD 150.4 billion in 2020 and is expected to reach USD 221.4 billion by 2027, growing at a CAGR of 5.5% during the forecast period.

India Industry Size:

The Indian flexible packaging market size was valued at INR 25,000 crore (USD 3.5 billion) in 2020 and is expected to reach INR 50,000 crore (USD 7.1 billion) by 2027, growing at a CAGR of 10.2% during the forecast period.

Number of Players in India:

There are approximately 200-250 players in the Indian flexible packaging industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.

Growth Rate:

The Indian flexible packaging industry has been growing at a CAGR of 10-12% over the past few years, driven by increasing demand from the food, pharmaceutical, and e-commerce sectors.

Factors Causing the Industry to Thrive in India:

  • Growing demand for flexible packaging solutions from the food and beverage industry.
  • Increasing adoption of e-commerce and online shopping.
  • Rising demand for pharmaceutical packaging due to growing healthcare sector.
  • Growing middle-class population with increasing disposable income.
  • Government initiatives to promote Make in India and reduce dependence on imports.

Future Potential:

  • Some other trends and factors that may impact the industry include:
  • Increasing focus on sustainable and eco-friendly packaging solutions.
  • Growing demand for high-barrier and specialty flexible packaging products.
  • Rising competition from international players and new entrants.
  • Government regulations and policies on environmental sustainability and safety standards.

Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.

We offer below solutions to the flexible packaging industry -

  • Expanding Shafts, Chucks, Safety Chucks from Svecom,
  • Knifeholder, Slitting system from DIENES,
  • Waterbased primer & coating, Extrusion coating & lamination from Mica,
  • Web Spreader Rollers from Mink,
  • Brakes & Clutches, Material handling, Tension control from Renova,
  • Perforation System from Punch and Pin,
  • Laser Perforation System from MLT,
  • Inspection System from DAC.