Pamex

DGM

Perfect Packers expands capabilities with DGM TechnoCut 1050S die cutter

Agra-based packaging box manufacturer Perfect Packers has solidified its commitment to operational excellence with the recent signing of a deal to acquire a DGM...
Agarwal

Agarwal Matpack books Komori GL 40 press at Pamex 2024

At Pamex Mumbai, Agarwal Matpack Industries announced the booking of a 7-color with coater Komori GL 740 combi press. This marks Agarwal Matpack's first...
Kongsberg

Kongsberg PCS digital cutting tables at Pamex 2024

Kongsberg Precision Cutting Systems (Kongsberg PCS) displayed its flexible X20 cutting system at Pamex 2024. At the stand, the team highlighted Kongsberg’s Psaligraphy Knife...

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are grown similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

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– Naresh Khanna (25 October 2023)

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