Pharmaceutical and retail sector to drive packaging market in India

Pharmaceutical packaging in the world as well as in India is becoming more innovative in order to be convenient and user-friendly. Auminium has much potential in the pharmaceutical packaging market due to its recycling potential and ease of use.

"The PVC component in pharmaceutical packaging is being gradually decreased, with many manufactures bringing it down from 60 microns to 30 microns,’’ Sanjiv Jaggi, Chairman of the subcommittee of the Indian Institute of Packaging (IIP) and Managing Director (India), Constantia Flexibles, told newspersons at a press conference on Monday to announce a national conference on packaging in Hyderabad, India.

Constantia Flexibles is one of the world's leading manufacturers of flexible packaging and labels in films, aluminium foil and papers. The group supplies its products to numerous multinational corporations and local market leaders in the food, pet food, pharmaceuticals and beverage industries.

According to Prof NC Saha, Director, IIP Indian packaging industry constitutes about 4% of the global packaging industry. The per capita packaging consumption in India is quite low at 8.7 kgs. He feels that organised retail and boom in e-commerce, which offers huge potential for future growth of retailing, is giving a boost to the packaging sector. The Indian packaging market is expected to reach USD 32 billion by 2020.

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The Indian Institute of Packaging (IIP), an autonomous body under the Ministry of Commerce and Industry will organize a two-day National Conference on "Inno Vision in Packaging" in Hyderabad during March 23-24, 2017.

The National Conference would highlight the worldwide innovations in packaging and discuss ways to upgrade packaging standards in packaging materials, technologies, techniques and packaging machines.