UFlex Blog - Flexible Packaging Industry in India

As we move into a new year, it’s time to ask what kinds of trends, priorities and disruptive innovations will be the key drivers in 2023. We spoke to Jeevaraj Pillai, joint president, flexible packing business and new product development, UFlex , about the year that has passed by, and the challenges and opportunities for the industry in 2023 and beyond. Consumer markets are experiencing rapid growth, especially in the food, personal care, and pharmaceutical industries and coupled with phenomenal growth in e-commerce sales, the packaging industry continues to register robust growth. Flexible packaging is gaining preference over rigid packaging alternatives, as it is lightweight and cost-effective. Research by allied market research indicates the size of the global flexible packaging market at USD 68.5 billion in 2021, which is projected to reach USD 102.8 billion by 2031 at a CAGR of 4.2%. Read more

  The world has changed due to the on-going pandemic. Every industry has to re-strategise and revise their processes to meet the new protocols. Brands have to evolve to meet the needs of the new age customer and keep up with the new trends that this global crisis brought along with it. Some of the biggest concerns for the consumers include purchasing channels, enhanced concern for hygiene, safe packaging, pricing and sustainability. These problems are met by holistic packaging solutions which help brands package and deliver their products to the customers without compromising on the quality of the product. Read More