The Industry
Packaging is the 5th largest sector in the Indian economy, reflecting its vital role in fueling industrial growth and innovation. The industry is growing at an annual rate of 22-25% and has established itself as a major hub for packaging solutions, driven by technological and infrastructural advancements.
Flexible packaging has been crucial in advancing the Indian packaging industry, now commanding a leading share of over 70% of the total market, primarily driven by the pharmaceutical, food and FMCG sector. The demand of transit packaging has also increased as a result of rapid strides in e-retailing.
Paper Packaging comes as another highest growing sector, projected to grow to INR 2000 billion by 2008.
India is emerging as a promising market for packaging automation, with a projected CAGR of 4.1% through 2034. This growth is fueled by advancements in the packaging industry and evolving supply chain operations.
India holds immense potential in Supply Chain Management. By 2027, the global SCM and Logistics market is expected to exceed INR 962 Crores, and India is poised to play a crucial role in this growth.
Rajasthan has evolved into a dynamic and burgeoning industrial center, drawing significant investments across various sectors. This growth presents excellent opportunities for suppliers in the packaging and supply chain industries.
Jaipur’s growing industrial infrastructure and world-class venue create an ideal setting for Bharat Pack Expo, providing a vibrant environment that fosters business and innovation.