The demand for high quality packaging film in Bangladesh is rising as it is in all of the South Asian countries as are the investments in building capacity. While in Bangladesh there have not been adequate local production capacities, the Akij Group, one of the country’s largest business groups with companies in more than 22 branches of the industry and approximately 55,000 employees has entered the packaging film business with an investment in a Brückner BOPP line. The explicit decision for a high performance line clearly is futuristic and points to the Akij Group’s expansion strategy – for domestic consumption as well as for export markets.
Bangladesh’s very first BOPP film production line’s specifications are impressive – 8.7 metres working width, 450 metres a minute production speed for an annual output capacity of up to 40,000 tonnes. The line will produce a variety of the finest polypropylene packaging films and is especially equipped for the manufacture of sophisticated cigarette film. This neatly compliments and completes the Akij Group’s cigarette business – they now have everything in their own hands, from production to packaging.
The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.
A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has
demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.
As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.
The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.
Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.
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