UFlex Blog - Flexible Packaging Industry in India

 Uflex, one of India's leading flexible packaging companies, share price declined 7 percent in the morning session on February 15, a day after the company reported a loss in the December quarter of the financial year 2022-23. The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago. At 12.13 pm, Uflex was trading at Rs 483.30 on the National Stock Exchange, down 5.52 percent from the previous day's close. Read more

The purpose of packaging in the life sciences and healthcare industry ranges from protecting the products to facilitating utilization and extending the shelf life. The global pharma packaging industry , in the recent few years, has been rethinking its strategy around sustainability and its entire packaging methods to be in tune with the rising sustainability standards and EPR guidelines. Increasing the use of renewable packaging materials, safe and reusable transport packaging for packaging of healthcare products, and reducing CO2 emissions in manufacturing and supply networks, are some of the vital methods adopted in the creation of a safer, more sustainable healthcare packaging for a better tomorrow. In the vision to create a circular economy recyclable packaging is gaining preference for the packaging of healthcare, pharmaceutical, nutraceutical and life sciences products. Recyclable packaging uses lightweight materials, primarily a similar family of mono-materials, and integrates ...

If there were binoculars to decode the future of packaging on the trends we all are observing today, it would not be difficult to say that technology that authenticates, and materials that are eco-friendly are set to traverse the future of packaging to an entirely unimaginable territory. The sector is going through a massive shift, be it the use of mono-materials, Biodegradable Packaging materials, digitalization of packaging, the advent of innovative user-friendly packaging structures, and increase in eco-conscious consumers. However, the challenge for businesses remains to accommodate consumer expectations while finding the middle ground between the e-commerce boom, technology, sustainability, and delivering smart Flexible Packaging solutions. Read more