Dec 1, 2011

Indian Packaging Industry, An Overview

Packaging Companies
The success of the business sector is often hard-pressed upon the marketing sector but in actual there are many other sub-sectors or segments which combine well to enhance the commercial aspects of any business. One such important segment is the packaging aspect. Any product irrespective of its capacity has a shelf life and this shelf life depends heavily on the packaging capacities. Packaging is the process of enclosing products for the purpose of protection during storage, distribution, sale and use.

Be it the food products’ segment or the FMCG (fast moving consumer goods) industry, the packaging companies and sector supports a good range of product based companies. Unlike United States and Europe, a good percentage of the Indian packaging industry is still considered a part of the small to medium scale industry with vendors and agencies offering this aspect for many production companies.

Many bigger entities, more so those having a global presence have their own packaging divisions directly coordinating with the logistic departments. All in all, the packaging sector in India gets clubbed as follows:
  • In-house packaging divisions of product based companies
  • Outsourcing of packaging requirements to vendors

There is however a third type of packaging service provider aspect popular with the multinational companies where the main company itself detaches a part to form a service based entity. It is like a product based company parting with its service based part for better efficiency.

Packaging, labeling, logistics, marketing, warehousing, transportation etc. are some services which often get clubbed via such set-ups within bigger companies. The main industry indirectly governs the smaller entities, and on the other hand it is often seen that the efficiency, effectiveness and results of such smaller in-house set-ups have been heartening.

The Indian packaging industry like fraternities the world over, works via 3 core aspects as follows:
  • Packaging machines
  • Packaging processes
  • Customizations and other arrangements

Packaging processes correspond to packaging machines and these in turn correspond to the requirements. There are many customized packaging machines and arrangements catering to specific needs of the product industry. Lastly, the Indian packaging industry depends on many other processes like labeling, transportation etc. to a good extent.

3 comments:

rockysingh said...

The Indian packaging industry is growing by leaps and bounds as reported by a recent study which indicated that the industry is growing at a fast pace of 11% annually and is estimated to cross the 95,000 crore mark by 2015. This is the way the industry is growing and thanks to players like Uflex Ltd that are contributing to this growth with their outstanding initiatives and product portfolios.

rockysingh said...

The Indian packaging industry is growing by leaps and bounds as reported by a recent study which indicated that the industry is growing at a fast pace of 11% annually and is estimated to cross the 95,000 crore mark by 2015. This is the way the industry is growing and thanks to players like Uflex Ltd that are contributing to this growth with their outstanding initiatives and product portfolios.

Trade Blog said...

Good Explanation Dear @rockysingh

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