One of the main reasons for this is the increase in the export of Indian products. This has increased the demand for packaging in all types of industries from engineering, pharmaceutical, and catering to daily-use products, again providing a large number of employment opportunities. In response, Chandulal Patel, Sector Expert and Director of Mounting, Patel Packaging, said that the packaging industry introduces new products to the market year after year, thus expanding its range. As the pace of product exports under Make in India accelerates further, the industry will grow even more. The packaging sector ranks fifth in terms of its share in the country’s economy. The packaging industry provides value-added services to many industries. This includes many names such as Manufacturing, Pharma, Retail, and Consumer Goods. With the expansion of the pharmaceutical and food industry, the packaging market is booming. The domestic packaging industry has grown at an annual rate of 15 percent in the past five years. It’s likely that by 2025, it will be a $32 billion business.
Fast growing packaging industry
Experts in the field say that currently, the packaging is required for every item. From small needlepoint to large items, it is important to pack well. Good packaging attracts customers to buy this product. This is why the packaging is said to not only maintain the integrity of the product but also act as a ‘silent seller’. This is the reason why this industry has been growing rapidly for the past several years. According to one estimate, the growth rate of the paper and packaging industry is expected to be between 25 and 26 percent for the next four to five years. This rapid growth of the Indian packaging industry has also increased the demand for packaging professionals. Career prospects in the packaging industry have increased a lot compared to before the advent of e-commerce businesses. Attractive packaging is now a vehicle for branding and communication. This is why every industry, whether it is involved in food manufacturing or consumer goods (FMCG) manufacturing, needs to be trained skilled professionals to package their products. In particular, industries such as food and beverage, consumer goods, and pharmaceuticals are increasingly using packaging experts to increase the reach of their products to their customers. In such a case, you can easily get a job in this field by doing any suitable course related to packaging.
Companies provide services in many areas
Nowadays, many major companies in the country are trying their hand at the packaging industry. Patel Packaging also provides wooden crate service, carriage saddles, on-site packing services, finished goods strapping and stuffing, VCI anti-corrosion packing, vacuum packing, heat shrink packing, wooden crates, wooden skis, etc. Not only that, but it also provides bottling solutions in the marine business as well. Founder CV Patel says doing custom packing. Uses minimal materials. Offers interest to the customer in ODC fees. The company’s mission is to be a one-stop industrial packaging provider offering excellent customer satisfaction, on-time delivery, and eco-friendly products within a reasonable budget. The company’s goal is to provide a global service. The growing popularity of multinational companies and brand awareness among customers has given a boost to the industry. According to a recently published report, the global packaging printing market size is expected to grow from $352.01 billion in 2020 to $433.40 billion by 2025. Patel Packaging is associated with leading pharmaceutical companies such as L&T, Siemens, Essar Projects, General Electric, and Crompton Greaves And Iszak Heavy Engineering, Jash Engineering, and many more.
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