Factors contributing to growth in Flexible Packaging

Packaging has been complementing the basic requirements of human since centuries, from plant leaves to packaging in today’s times, packaging industry has only transformed and evolved. A market research by Technavio indicates that packaging industry in India is expected to grow by USD 81.07 billion in the next 4 years. Now the question arises, why is the market trend leaning towards flexible packaging and not normal packaging. 

Well, to answer the question, flexible packaging manufacturers provide flexible packaging solutions that ensure freshness, printability, durability, and barrier protection for the packed products. What it does is, it increases the shelf life of products that are pivotal for end-users that are present in the F&B and pharmaceutical industries. 

Furthermore, flexible packaging offers various benefits like how it's compact, produces less packaging waste, and weighs less. All of this helps in significant reduction in carbon footprint, decreases in costs related to manufacturing and transportation. And, many such benefits are increasing the preference for flexible packaging among the end-users, who are fueling the growth of the packaging market in India.

Now let us talk about the growth of the organized retail sector which is leading to the rise in demand for packaging.

Some of the factors that are contributing to the growth of the retail sector are rising disposable incomes, rapid urbanization, and change that has been seen in consumer preferences. Not just that, due to the high penetration of smartphones, you can see a growing shift towards online retail channels which is fueling the e-commerce industry.

Besides this the Government of India is taking several steps to encourage FDI in the retail sector. 

These were some of the reasons why you are now seeing a market shift towards flexible packaging. There are several flexible packaging companies in India that can provide you with a variety of packaging alternatives, but the leaders in flexible packaging UFlex lead the sector. UFlex has an extensive product range when you think of flexible packaging and laminated roll stock. 

Furthermore, they have an array of pouches which is inclusive of 3D and 4D with re-closable options, then comes the wicketed bags for baby and hygiene markets with handle, flexi-tubes, lids, bottom bags, hygiene films, pocket PTC zipper, spot embossing, electron beam curing, Cast ‘n’ Cure technologies, and the list goes on.