Corrugated Packaging, Corrugated Cartons, Corrugated Box (Online Shopping/E-Commerce Growth to Boost Corrugated Box Market through 2020) Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey
Wednesday, February 22, 2017
Corrugated Packaging, Corrugated Cartons, Corrugated Box (Online Shopping/E-Commerce Growth to Boost Corrugated Box Market through 2020) Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Production Schedule, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis
Over the years, the boxes used for shipments have become better and stronger to protect the range of small to high-end products.
Corrugated Boxes are in high demand and are one of the high-growth sectors of the Packaging Market. There are loads of information available on setting up a corrugated plant and running the business.
The corrugated box industry is an inevitable part of manufacturing sectors which rely heavily on ample corrugated packaging for finished goods transportation and handling. Despite this importance, the Indian corrugated box industry has faced numerous challenges and hurdles in its growth pace due to the very nature of the industry comprising thousands of small players running manual/semi-automatic plants to cater to the needs of local nearby industries.
Demand for corrugated boxes traditionally fluctuates with the growth of a wide range of consumer products industries - including both durable and non-durable manufactured goods.
The booming Indian economy and a flourishing organised retail have raised the expectations that consumption of corrugated packaging will begin to expand again as the number and volume of goods packaged in corrugated increases.
The packaging of processed food requires secure and flexible packaging material, which is convenient to the customer and also ensures product safety. As consumers look for convenient, easy-to-use, and lightweight packaging, innovative paperboard packaging solutions are being developed by packaging manufacturers to tap the growing organized retail and processed food market.
The fastest increases in demand for corrugated boxes will occur in developing regions; the Asia/Pacific region and the Africa/Mideast region will both outpace the global average. India will see the fastest gains as a result of strong growth in industrial output and consumer product markets.
The growing e-commerce market, which primarily includes online shopping, has witnessed an increase in the demand for corrugated boxes for the shipment of products sold through them. The ease of online shopping has made many customers switch from the traditional method of shopping. Online retailers use different types of corrugated boxes according to the product transported. These boxes ensure the safety of the products which are being transported. In addition, the effective packaging is becoming one of the key business requirements in the e-commerce marketplace, thus fueling the growth of the market.
World demand for corrugated boxes is forecast to increase 4.2% per year to 234 billion square meters in 2017.
The Indian Corrugated Box manufacturing industry is presently worth INR 15,000 crore. The growing Indian middle class and changing lifestyles have witnessed the corrugated box industry increasing by 12-14% annually in the past five years.In the next 5 years, the corrugated box market in the India will see a considerable growth, owing to the estimated demand of containerboard likely to be 11 million tons by 2020.
India Corrugated Show will provide a platform for technologies that will trigger the future growth of the corrugated box industry. The industry is all set to take on the challenges and look at the future opportunities.
The corrugated box manufacturing industry is the second largest consumer of paper in the country and employs nearly 30,000 workers. Currently, there are 8,000-9,000 manufacturers engaged in the sector.
Few Indian Major Players are as under
· Ashiana Agro Inds. Ltd.
· Associated Pulp & Paper Mills Ltd.
· Brown Kraft Inds. Ltd.
· Chadha Papers Ltd.
· Diamond Products Prtg. & Processing Ltd.
· Haldyn Corporation Ltd.
· India Packaging Products Pvt. Ltd.
· K C L Ltd.
· Mira Textiles &Inds. (India) Ltd.
· MirahDekor Pvt. Ltd.
· Nec Packaging Ltd.
· Perfectpac Ltd.
· Superior Industrial Enterprises Ltd.
· Universal Enterprises Ltd.
· Varun Beverages Ltd.
· Wadpack Pvt. Ltd.
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