2020 Latest Trends in the Packaging Industry

 


Owing to increased urbanization as well as consumerism, the packaging industry has witnessed significant growth over the years. With applications that cut across the wide range of industries, Packaging materials suppliers, as well as manufacturers in India have contributed greatly to the economic development of the country through jobs, exports, as well as manufacturing output.

According to the popular organization, Smithers Pica, the Packaging industry is expected to be hit the $1 Trillion mark as we step in this new decade. At the midpoint of this decade, the industry was nearly $839 Billion Dollars. This forecast reassures the business world about the immense potential that the packaging industry possesses! However, it is important to understand that as the industry grows, so do the challenges that it faces. In markets like India, there are many challenges the industry faces like shortage of skilled workforce, rapid innovation, rising input costs to name a few. The new decade will usher new trends that will lead to the rise of the Packaging industry.


For Detail information on each latest trends visit our recently published blog.

This blog is originally published on meghmani website.









































Location: Ahmedabad, Gujarat, India

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