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Underpenetrated Packaging Industry in India 2019

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Packaging is more than just about protecting and preserving the product. Today, it is an important branding tool as well. The Indian packaging industry offers great untapped potential. This is particularly evident when you compare India’s per capita packaging consumption with developed nations like the US. Here are 5 things about India’s underpenetrated packaging industry. Low Per Capita Consumption: Against the United States  109 kg per year, India ’s annual per capita packaging consumption is 10.5 Kg. In China, it is 45 Kg. This presents an ample and dynamic opportunity. The Key Market: For India’s packaging industry, the key consumers are food processing and pharmaceutical sector. While the former makes up nearly half the demand, the later accounts for 25% of the demand. Growth Drivers: Industry experts have identified three growth drivers for the industry. MNCs who have to comply with global policies and hence will have to adopt standard packaging solut...

Growth of Chemical Industry in India 2019

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Chemical industry is one of the oldest known production industries of India which contributes significantly towards our overall GDP and import-export trade. It has been an important element in our national economic growth and has reinforced great trade relations within international province. Import export of chemicals has gone through a progressive age of digitalization and developed to be one of the prime digital-backed industries of our countries. Chemical industry isn’t just about international export and business. The industry has various indigenous applications as well, thereby accounting for countless industrial and agricultural advancements in the country. Market Position It is an evident fact that Indian chemical industry has grown like never before in the past couple of decades. The industry has greatly been associated with every major economical contributor, not just nationally but on internationally grounds as well. It has developed as the backbone of ...

3 Advantages that why should we use Eco-Friendly Paints?

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Ever since the alarming effect of environmental abuse surfaced, every industry has been trying to incorporate techniques that could impart less harmful impact on the finite natural resource pool. Chemical industry has been no exception, with almost every manufacturer investing significantly in greener production. A leading chemical industry magazine ranked Eco-friendly paints as the upcoming gold standard of the paint industry not just in Indian domain but also for the global market.  Eco-friendly paints come across as much better decorative in terms of durability and production, allowing the market leaders to promote green production. As per the reports presented in various chemical news India Eco-friendly paints are not just cost-effective for producer and end-user but are lot healthier for environment.  Apart from the visible benefits there are 3 Advantages that why should we use Eco-Friendly Paints? ·         The foremo...