India has become the most popular potential packag

2022-08-17
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India has become a potential packaging market of international concern

release date: Source: printing and packaging editor: Yu Jia Views: 3658 copyright and disclaimer

core tip: in recent years, investment in India seems to have become a topic of great concern to China's manufacturing industry. In the printing and packaging industry, Yutong has a factory put into operation, and it is believed that more enterprises will settle in the Indian market this year

[China Packaging News] in recent years, investment in India seems to have become a topic of great concern to China's manufacturing industry. In the printing and packaging industry, Yutong has a factory put into operation, and it is believed that more enterprises will settle in the Indian market this year

backward infrastructure makes the potential market of the packaging industry

for the Indian market, domestic views tend to be polarized. Most people think that India has backward infrastructure, low living standards and poor market prospects. But in fact, India has become the darling of international capital in recent years, and India's printing and packaging market also has great potential

due to inadequate infrastructure, low safety standards and lack of sufficient refrigeration conditions in India, it is required to have sufficient capacity and ensure rapid temperature rise, and the demand for packaging is relatively wider. India is also the largest tea producer in the world, and the number of registered juice and beverage manufacturers is also gradually increasing. The bottled water market is growing at a rate of 38% per year with highly precise control of glass fiber, and the cosmetics market will also grow by about 7% per year

India is a growing plastic market, with an annual consumption of nearly 12.8 million tons of plastic and 285 million tons of plastic worldwide. According to the report released locally in India, by 2020, the sales volume of India's plastic packaging industry will more than double that of now, reaching US $73 billion, with an annual growth rate of 18%. At present, the sales volume of Indian plastic packaging industry is about 32billion US dollars, accounting for only 4% of the global plastic packaging industry. The per capita packaging consumption in India is only 4.3 kg, which is very low compared with 42 kg and 19 kg in Germany and Taiwan

in addition, in India's printing machinery and equipment market, according to the statistics of printing machinery and equipment sets/sets, from 2010 to 2011, there were 2813 old equipment sets/waste plastic sets treated by Yiwei landfill, and 283 new equipment sets/sets. The old equipment is 10 times that of the new equipment. From 2012 to 2013, there were 3450 sets of old equipment and 398 sets of new equipment. Now India's printing machinery and equipment are still dominated by old equipment, and the update speed is too slow

India has actually become a place for packaging giants to compete

at present, India has become a market for global paper giants to compete. Earlier, international paper successfully entered India by acquiring 75% of the shares of Indian Andhra Pradesh paper company (APPM), with a production capacity of 250000 tons of uncoated paper; Recently, the production bases in India of eisenya group, including Japan's Prince Paper Group, Asia's largest paper group, and Sweden's largest household paper manufacturer, have also been put into operation

in the packaging and printing industry, Donnelly, Kodak graphic, etc. laid out the Indian market early. Stora Enso group also has its own production base in India through the acquisition of Zhengyuan packaging. Vistaprint, a printing giant, recently acquired printbell, a Mumbai marketing solution provider, and built it into Vistaprint India, the company's subsidiary in India

in the field of equipment, many internationally renowned companies have begun to set up factories and branches in printing, such as boster and Agfa. Compared with Chinese manufacturers, China's papermaking and packaging printing industry, which is plagued by overcapacity, seems to have not realized the huge opportunities in the Indian market when the functions of the whole machine are enhanced

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