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The Packaging industry continues to post strong growth in India. Packaging for Foods is the largest industry in the overall industry. India has continued to be the third largest market globally for Food Packaging in terms of Retail/off-trade Unit Volume. The region also is the eight largest in beverage packaging in terms of total volume.
Given the opportunities it presents we have partnered with UBM India for the 2017 edition of InnoPack F&B Confex organised by UBM India. This is scheduled on the 11th – 12th April, 2017 in Gurgaon, India. This event strives to present a platform for F&B professionals to network, exchange ideas and knowledge, form future alliances and forecast new opportunities for the F&B packaging industry, in the dynamic economic environment.
In addition to demographic changes, the packaging industry in India is also having to respond to changes in the way consumers shop. Strategies have to be adapted to suit urban and rural areas, and also vary across regions in India. Many lower-income demographics are paid on a daily basis and can only afford to shop daily preferring local convenience stores as opposed to shopping on a weekly basis in city centre supermarkets.
Several more consumer specific trends will be addressed by the industry with discussions on – Understanding the F&B packaging based on consumer purchase decisions and Recent updates on the regulations in food and beverage packaging.
As the world consumes more resources than it can produce, there is an impetus to push away from a linear economy based on a make/use/dispose model and towards a circular economy based on a reduce/reuse/recycle model that focuses on minimizing waste and recycling or reusing all end products.
A focused conversation – Evaluating different ways to implement sustainable packaging and sustainable printing for food and beverage Industry will also be part of the two day event.
The health and wellness trend also encouraged the use of packaging innovation by brand owners in flavoured milk drinks, cheese, processed meat, and fruit and vegetables in developing a snacking product. Strengthening of the snacking trend, led to biscuits, snack bars, confectionery and baked goods overall providing the biggest incremental growth for packaging in foods. Flexible plastic, as a widely used snack pack solution for products such as toffees, caramels, nougat and sweet biscuits, will benefit the most to 2020.
Some of the conversations which would deliberate further on trends include – Exploring the new ways of packaging designs used for food and beverage packaging to attract the customers and Maximizing brand image through packaging.