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Showing posts with the label packaging industry

2020 Latest Trends in the Packaging Industry

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  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...

All About Pharmaceutical Packaging

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   The medical field has been playing an important role in everyone’s life not only in human life but also in the life of other living species. The most important part of the medical field is the “Medicine” and when it comes to medicine, the manufacturing process and the packaging play a very critical role. So, what is  pharmaceutical packaging , how it’s been done, does it have different types, what are the materials used? Well, let’s reach out to all such questions and more. Whether it’s any other product or medicine, packaging plays an important part in all.  Packaging has often been referred to as the 5 th   P  of the marketing mix. In the case of medicines, the packaging is not just part of the marketing mix but very critically related to the product features, application, and shelf life. The packaging of drugs is important to protect drugs from damage, germs, outer atmosphere, and bacteria and at the same time have to take care of child and old age sa...

7 Challenges Facing By Pharmaceutical Packaging Industry

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The pharmaceutical packaging industry, owing to the sensitive nature of products, also faces a lot of challenges. Poor packaging can cause chemical alterations in the product damaging their curative ability and ineffective performance. Thus, any pharmaceutical industry is subjected to stringent packaging standards and often face challenges like: 1. Safe Transportation of non-solid medication While pills and tablets are comparatively simpler to handle due to their ability to be stacked, liquid medication and injections, especially with glass packing are much more difficult to handle because of their fragile nature. To try and counter this problem, the  pharmaceutical packaging industry in India  is integrating innovative solutions like foam packaging and rotomolded cases to glass cases from breaking down. 2. Retaining medicinal quality of the products One of the major challenges that the industry faces is due to sustained exposure to heat ...

Important Factors to Choose your Packaging Partners

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India is slowly shifting from buying unpackaged goods and products from local retailers to packaged products by mass manufacturers. With a change in consumer preferences and assertion overutilization of upgraded and sophisticated manufacturing equipment packaging companies in India, as well as the world, are expecting significant growth. Manufacturing sectors such as pharmaceuticals, retail, FMCG, agriculture, etc. are leading contributors to the growth of packaging companies in India. Packaging Solution Provider Packaging solutions like aseptic packaging, retort packaging, and biodegradable packaging are in practice today by most packaging companies. With considerations of sustainability and cleaner processes, paper, jute, clothes, and plants are in demand as source material for packaging. Paper packaging contributes more than 30% of the total packaging industry. With this growing demand, choosing a suitable company for one’s product is a crucial decision. If the business de...

Innovation at forefront for the Pharmaceutical Packaging Industry

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Owing to the sensitive nature of pharmaceutical products, the purpose of packaging in this industry often transcends being a tool for branding. Pharmaceutical packaging is also an important tool for information about dosage, the drug being catered, and lastly, retaining the medicine’s shelf life. Such applications make for the need for continuous innovation and improved customer service in this industry. This domain of packaging is a significant contributor to India’s economy. With the market size of pharmaceutical packaging over 2 Billion dollars in 2017, the industry is expected to cross $3.5 billion in 2023, with a CAGR of 9.3%. With visible growth in the organized retail sector and eCommerce industry, along with the overall growth in the Indian economy, and lastly, universal healthcare schemes surely signal a positive outlook for the pharmaceutical packaging industry. Having said that, it is instrumental for industry leaders to come together and spend more resources on th...