The Indian packaging industry is growing very fast. It has a commercial influence on all other industries directly or indirectly. According to the industry experts, the annual turnover of the Indian packaging industry will touch $ 32 billion by 2025 from the present $ 24.6 billion.
The annual growth rate of this sector is about 15 percent per annum. As per the Mckinsey report, the middle-class population will be ten times by 2025 in India. It will further trigger the consumption of packaging material.
Thus, it can be concluded that the packaging industry will grow further. The packaging industry in India is the most attractive emerging market for investment.
The Indian packaging industry has made a mark with its exports that comprise flattened cans, printed sheets, and components, crown cork, PVC caps, plastic film laminates, craft paper, paperboard, and packaging machinery while the imports include tinplate, coating, and lining compounds and others.
In India, the fastest growing packaging segments are laminates and flexible packaging, especially PET and woven sacks.
India’s retail growth, eCommerce boom, and increased consumption of consumer products are driving the demand for packaging in the country. The food processing industries are the largest in the world in terms of production, consumption, and growth prospects.
Other important industry consumers are pharma, agro-based, cosmetics, garments, chemicals, etc. A high degree of potential exists for almost all user segments which are expanding appreciably-processed foods, hard and soft drinks, fruit, and marine products.
The objective of crafting this article is to provide low-cost business ideas in the packaging industry to new entrepreneurs. These listed projects can be initiated on a small, and medium-scale basis.
13 Profitable Packaging Business Ideas
#1. Air Bubble Sheet
Air bubble sheet making with other allied products is a profitable venture in the packaging industry. Apart from the sheet, you can make air bubble rolls, air bubble bags, and air bubble films according to your client’s requirements. Read More…
#2. Aluminium Can
Aluminium cans are essential items in the beverage industry. The unique properties of aluminium make it ideal for holding carbonated beverages. Any individual can initiate this business on a small, medium, and large scale basis.
#3. Aluminium Foil
Aluminium foil is used in different industries in different forms. Such as Pharmaceutical tablets, bulk & unitized packing of tea and coffee, prepared meals, bakery products, frozen meat, fish, milk bottle caps, wine, lube oil, greases, powdered milk, confectionery, biscuits, photographic film, gift wraps, household wraps, butter, margarine, and cigarettes. Read More…
#4. Blood Bags
Blood bags are from medical-grade good quality PVC granules & sheets in Class 10000 cleanroom environments. It is one of the essential medical products. Additionally, a small-scale operation is possible.
#5. Cardboard Box
Cardboard boxes are generally used for packaging glassware, garments, artificial items, toys, furniture, gift items, electronics items, gadgets, and leather items like shoes, etc. The manufacturing process is simple. Boxes are generally made as per customer specifications. Read More…
#6. Corrugated Box
Due to the lightweight and high level of durability, corrugated boxes are the most potential packaging option for bulk packaging. There are several grades used for different types of packaging. Such as 2 ply, 3 ply, 5 ply, and 7 plies.
Business Ideas In Packaging Industry
#7. Egg Tray
Egg trays are made from scrap paper pulp. You can start this business as the home-based also. The manufacturing process is simple. However, you will need to have a 400 Sq Ft area to run a small-scale egg tray manufacturing unit. Read More…
#8. Jute Bag
Commercially jute bag is used in food grains packaging, seed packaging, livestock feed packaging, etc. The domestic use of a jute bag is like a shopping bag. This type of bag is also used as a promotional gave way to the customers. Read More…
#9. Paper Bag
Paper packaging products are an important part of the overall packaging industry in any country. The growth in the Indian paper packaging industry has been largely impelled by the augmenting demand for a better quality of paper packaging products and changing consumer preferences. Read More…
#10. Pet Bottle
Pet jar or pet bottle production is one of the most lucrative and profitable manufacturing opportunities in the plastic and polymer industry. Basically, a pet bottle is an essential item for industrial packaging. It caters to the food & beverage industry, pharmaceutical, FMCG, chemical, biochemical, gas, etc. Read More…
#11. Pilfer Proof Caps
Aluminium pilfer-proof caps are essential items in the liquid packaging industry. Pharmaceuticals, Chemicals, Food industries, and Distilleries as glass bottle closures are the major consuming sectors. Read More…
#12. Plastic Carry Bag LDPE
Plastic carry bags are the most popular items in the packaging industry. The most common application areas are food packaging, milk pouches, industrial products, textiles, frozen foods, agriculture and horticulture section, etc. Small-scale manufacturing of plastic carry bags is profitable.
#13. PVC Bottles Cap
PVC bottle cap manufacturing through plastic molding is a profitable business. Additionally, you can initiate the unit on a small-scale basis. This is a small item. However, one of the essential items in the packaging industry.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.