UFlex Blog - Flexible Packaging Industry in India

With the growth in consumer needs and other factors such as increase in purchasing power, the global rigid packaging market is set to surpass $800 bn by 2024. However, the world is currently witnessing a shift of focus towards greater convenience and sustainability. Today consumers prefer product packaging that offers portability, resealability, convenience,and is made of sustainable materials. This set of preference is resulting in speedy transition from rigid to Flexible Packaging Solutions and formats. The Flexible Packaging market is likely to grow at 3.95% growth rate to reach $299 Billion by 2024 as brands look to reduce production costs and enjoy the competitive advantage of Flexible Packaging over Rigid Packaging . Read more

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

There have been constant debates across the world around the use of plastics in our daily life. The recent trend of Paper Drinking Straws comes from another trend – a trending rise in the number of cautious consumers in the market who are cognizant of the depleting environment. On the other hand, a supporting trend is the rise of so-called ethical consumers, who are ready to pay more for products that meet their ethical standards. Together, these trends have led to a push against single-use plastics including disposable plastic straws. Countries like India have taken a big step resulting in bans on Plastic Straws, thus triggering the need for transition to Paper Made Drinking Straws manifolds. So let’s take a closer look at the experience plastic straws have yielded since ever, and what will the transition to paper straws bring for brands, consumers and the environment. Read more