PLASTIWORLD INDIA 2021 is India’s first Virtual Plastic Packaging Exhibition organized by The All India Plastics Manufacturers' Association this exhibition is a valuable and excellent opportunity for companies to connect and source new plastic packaging, buyers, suppliers and business partners across the globe.
The Indian Packaging Market was valued at USD 50.5 billion in 2019, and it is expected to reach USD 204.81 billion by 2025, registering a CAGR of 26.7% during the period of 2020-2025
Packaging is the fifth largest sector in India's economy and is one of the highest growing sectors in the country
The packaging industry in India is predicted to grow at 18% annually, with flexible packaging growing at 25% and rigid packaging at 15%
The rise of the Indian middle-class population, the rapid expansion of organized retail, growth of exports, and India's rising e-commerce sector are further facilitating growth. According to the Indian Institute of Packaging (IIP), the packaging consumption in India has increased by 200% in the past decade, rising from 4.3 kg per person per annum (pppa) to 8.6 kg pppa.