India Flexible Packaging Market

India's flexible packaging market outlook for 2018 to 2032 is bright as consumer preferences are continuing to shift toward convenient and sustainable packaging. the market is projected to be driven by the country's growing food and drink market, increasing disposable incomes and expanding consumer base.the rising demand for convenience poses as an opportunity for the flexible packaging market in india. the new age consumers are increasingly keen to receive a product that has convenience associated with it. this is encouraging the manufacturers in india to opt for flexible packaging solutions which reduces the amount of material used in the packaging process, thus making it more cost-effective and friendly for the environment. opportunities for flexible packaging also lie in the increase in popularity of online shopping. being able to send and receive products through the internet with minimal hassle has become more and more in demand, as has products that are lightweight and easy to ship. here, lightweight flexible packaging is effective as it reduces logistics costs and is an efficient way of packaging goods. in addition, the options for pouches, packaging sheets and lead-adhesive films provide a number of creative opportunities for manufactures in the industry.the indian flexible packaging market is also responding to the growing consumer demand for sustainable packaging. flexible packaging can be produced with materials like polylactic acid (pla) which is a biodegradable material that is made from renewable resources. indian companies are now manufacturing sugarcane-based packaging, which requires fewer resources and reduces the amount of greenhouse gases. in conclusion, with the shift in consumer preferences towards convenience and sustainability, the demand for flexible packaging solutions is expected to keep rising over the next decade. although india's economy has weakened due to slowdown in consumption, it is estimated that the growth rate of the flexible packaging industry could pick up by 2021. with a projected 7% cagr, the indian flexible packaging market is expected to have a promising outlook in the coming years.